I'm already short quite a few at 119.235 Market has already priced in a full basis point cut so what am I out shorting the thing? It will start to head drastically lower from here on out.
Have you ever traded before fed decision? If so, how do the 10-year rates behave after they cut? I thought it moves drastically lower after decision.
Focus on what it does from 7:20am until 1pm, then prepare for a reversal of that intra-day trend. You just might make some money from that. Don't assume it's bearish.
Well, I waited for a reversal and than bam shorted the crap out of 10year. I was in red as the rally continued, but I'm like its today or never. Good day indeed!