Bond Trader 2006

The dollar is breaking a key resistance as we speak -- if it continues how would bonds generally react?

 

Now the Bond Pit will come up with an excuse to go down, they call it SNIFFING FOR STOP LOSS ORDERS.

 

against what currency? the usd/eur moved earlier this morning and has been recovering ever since.

 

dollar index

breaking resistance = going up I mean

 

Nice CALL Bro!

 

A five ticks move followed by a six ticks move ! if that is not enough of a clue then I don't know what is !

 

Should I take my $375K profit here? Let's have a vote on this forum NOW.

 

Yeah I'm still here. No need to go into detail other than to say I went short somewhere between 1030 and 1100 and my rather large loss for today is now down to a more manageable level.

Funny how quickly 10 lot trades add up. I may have to re-think my use of the staggered position size. Had I left myself to a standard 4 lot size I would probably be in the black right now.

 

what are chances we touch 14 zb?

 

About 80% chance, don't ask me when.Have you voted yet?