Bond Trader 2007

Mixed reports didn't help. Much more emphasis on housing than in the past.

 

I had sells in at 111 00 and 107 225 but didn't get filled.

I'm now violating one of my rules which is to never let price come back to my entry after being offered a decent profit. At the above exits I turned down 400 plus USD.

Bad move on my part.

 

Do you mean down to 110-20?

 

0833 CST Out of 1 ZB 110 30 and 2 ZN 107 210.

Now I'm simply managing the trade. Really bummed out on how I let a solid trade slip through my fingers.

 

yes, in the area. I'm waiting to see how things shake out into the european close.

 

Here is another chance (run at the highs) I bot ZN at 21+ watched it go down to 19+, set my stop at 18+ and was so happy it came back I am out at 22. Not a good risk/reward, but I am relearning.

 

0838 Out of everything 110 31 and 107 215.

I would not be a seller here, by the way. I'm just exiting my buy.

I'm taking a break for awhile. I have a cycle sell coming up after 0900. That isn't the time though so don't go by that. Also, for today it means I'll probably buy the dip versus getting in on the sell.

 

Looking at my chart I see that 107 200 was a very solid buy. At least that was a job well done.

 

0914 CST Coming up on a sell here soon. Per my earlier post, I will not take the sell. I'm going to buy on a kiss of 110 31 or better.

I think we have a run for the high of the day one more time.

 

Goodness, I was thinking of going long the Dow around 12770. We are at 12806 now.

By the way, here is an interesting take on the 0915 sell in the bonds. Look at 0915 in the Dow this past week. What would you have done? Bought.