nice sale it can be done I myself shorted 119.23 evens and rode em down unfortunately I should have gone home after that because I gave it all back on that wild run back up. 16 bid, at 8, 19 bid, at 13, etc... got caught in the upward chop
thanks guys, part of my thinking to short was that DOW and S&P were gone green, and w/ all the negative news out, ZB has traced back. so i took it short.
Way to go! I grabbed a few ticks on the way down, I am not a BONDO KING like you. I might scalp long, but would rather re-short on the next pop...not really seeing many "BUY" signals....other than the 5 and 15....I base my trades on higher TF's. surdo
to "itcanbedone" and "Surdo"...can I ask some questions?...why do you trade the 30 year over the 10 year?...it seems as if better to trade 10 year?...why? 10 year has.. *more volume *same tick value *lower daytrade margins ...it seems the only thing the 30 year offers is more 'range'...my broker offers $400 daytrade margin on the 10 year and $877 daytrade margin on the 30 year...so, to 'nab more profit'...got to load up on more 10 year contacts...may I ask, how many 30 year contracts do you trade at once?1,2,3,5,10 etc.?...thanks for your insight...look forward to the answers or anyone else reading in...
I dont think the fed can dare let the 30 year correct, and push rates up...... the housing market is too important to them range from 115 to 123 is my bet (but more specifically 117 to 121)
there is nothing that makes me want to break all 6 of my screens than to short this piece of $hit over and over from 118.07, 118.075, and 118.06 in a 30 minute stretch and stocks are going to the moon then to get out at 118.07 go take a break come back see it at 117.20. Then you think it's over and catch daggers at 117.10 and puke the low totally disgusted with myself today.