Bond Trader 2007

Discussion in 'Journals' started by johnpinochet, Feb 6, 2007.

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  1. Surdo

    Surdo

    dhpar:

    Notice EURUSD rallied?
    I do agree, ZB has a mind of it's own.

    :D
     
    #511     Apr 23, 2007
  2. dhpar

    dhpar

    yes - but notice what started it. Not ccy leading Bond but rather the other way round. When zb bounced dolllar was still gaining for several more minutes.
    what is really happening here is a positioning for this week's data (for all asset classes). so you could say there is a correlation - but not causality. in fact as is often the case fixed income markets are leading the way....
     
    #512     Apr 23, 2007
  3. Lance Carson

    Lance Carson Guest

    9:31 am- Long 111-04 -Stop 111-00 ( one tick below Friday's Low)-Target Prev Close-No Report Day, should not go below Prev Low,

    10:56- Out Flat : 111-09-Target hit, + 156.25 per contract- Market did as expected.
     
    #513     Apr 23, 2007
  4. Note I said average sell.

    JP was filled on a short at 111'03. He left a sell limit working at 111'06. If filled, that would result in an average sell price of 111'04.5

    Averages can be fractional ticks in any product.
     
    #514     Apr 23, 2007
  5. Lance Carson

    Lance Carson Guest

    Analysis Paralysis, LOL:D
     
    #515     Apr 23, 2007
  6. It all depends. I might change my mind and pull orders, I might exit for a 2 tick loss like I did now. My posted desired entries were not written in stone, nor was the possible run up to 111 11. The scenario wasn't meant to say that I think I or anyone should tolerate that loss. I didn't say that I had placed a stop there. I also didn't post a target when I posted my scale in prices. At that time my thinking was a test of the lows might lead to a 110 27 print or so.

    I think you are combining multiple posts and separate conclusions that I'm making as I manage the trade, i.e. hopeful target of 110 27, then as I realize I'm wrong, 111 01.

    As I got filled on the ZB, I began to think about the fact that we tried twice to get through 111 01 and didn't. I started pulling the other orders. Finally when we got up to 111 04 to 111 06, it occurred to me that I was wrong in my assessment for my second trade of the day.
     
    #516     Apr 23, 2007
  7. Excellent V day today.
     
    #517     Apr 23, 2007
  8. That almost always happens on a V day.
     
    #518     Apr 23, 2007
  9. Only got my fill on the 111 03, as I pulled everything else and managed to pull the 111 06 before it got filled too.

    No offense taken. I see your point. I'm constantly modifying my opinion as I manage the trade.
     
    #519     Apr 23, 2007
  10. Lance Carson

    Lance Carson Guest

    Watch Apex's Stop get hit on the ESM7...
     
    #520     Apr 23, 2007
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