Bond Trader 2008 (Swing Trading Bond futures, Stocks, and ETF's)

[johnpinochet]

Quote from johnpinochet:

0353 CST
Hourly turned short at roughly 0125 CST. I started shorting on the approach and break through 114 28. This is a key number I've mentioned several times.

First target is 114 12, however it is possible this will be a very quick scalp trade instead. Bottom line, it is looking like yesterday was simply an opportunity to sell at a solid price.

OK, my 114 12 exit worked out very well. I was gone for the trip down, now I've entered again at 114 12 and I'm looking for the following targets:

114 08
114 03
113 31

Unless strange news comes out, I will blindly sell bonds at key levels today and buy the ES at key levels. In addition, I'll be looking to buy stock.

 

[johnpinochet]

0802 CST

OK out at 114 08. Missed 114 060 print due to posting here.

That is it for now.

By the way, I think my posting of the 114 28 level a few days ago has been worth at least 1000 USD on a 1 lot basis.

Today is a redemption day. Get busy.

 

[johnpinochet]

I did a lot of little scalp trades from 114 06 to 114 035. Anyone who is trading live will know what I mean.

A decisive break below 114 00 / 113 31 will probably have an ultimate daily target of 113 13.

 

[johnpinochet]

0813 CST Sold into the low at 114 045. I don't normally like doing this but I think it is a safe bet that 114 00 is a given.

 

[johnpinochet]

0815 CST Out of everything at 114 025. Anyone who has read my thoughts on the 00's knows why I did this. I'm watching and waiting.

 

[johnpinochet]

0824 CST
We've travelled a full point from levels earlier today. Full point moves almost always stop and consolidate for a bit. It is hard to say how long. I took a small position at 114 01 (after the kiss of 113 305) and will hold it as I feel we have lower to go.

 

[johnpinochet]

0839 CST If we can't break 114 00 now then the risk is to 114 08 to 114 12. I still think we will go lower, but you have to respect price action. Since I have very small size, I'm not overly cautious, but I'm not going to sit there while it moves back up to the two levels mentioned.

 

[johnpinochet]

0843 CST OK out of everything at 113 315. I can't say why other than I didn't like the action. If we can finally break this area, I think my posted 113 levels are a given.

I'm going to take a break for 20 minutes and ride my bike. Yeah, I could miss a 10 to 16 tick move.

 

[Traber]

if I can ask for some help, what time frame do you use for your swing trading?

15 min, 30 min, hourly, daily

 

[johnpinochet]

Quote from johnpinochet:

OK, my 114 12 exit worked out very well. I was gone for the trip down, now I've entered again at 114 12 and I'm looking for the following targets:

114 08
114 03
113 31

Unless strange news comes out, I will blindly sell bonds at key levels today and buy the ES at key levels. In addition, I'll be looking to buy stock.

114 08 might be a good short. 114 12 would be better. Once again, watch price, keep any eye on the news just in case, and especially follow the ES as a filter.