Bond Trader 2007

0748 CST A decisive break above 111 18 and this trade is off. I'll exit before 111 20 if I can get it.

 

0800 CST Out at 111 19. Watching for now.

 

durable goods orders is probably the most 'fadable' economic release out there, especially since it's quite volatile.

 

what do you mean? I see spike exactly at 0730....

 

Yes, there is a down spike at 7:30. But, there was unusual selling minutes before it.

 

what contract are you talking about? USM7/ZB? or Eurodollars? or else? I do not see anything like that - in ZB there was in fact some buying minutes before the release.

 

zn

 

I see - maybe - I don't know. Thanks for a pointer anyway

 

Buying ZB's on the dip. Bought at 111 21. Will try adding at 111 18 to 111 19.

 

Bought more ZB's at 111 20. I may try one more buy I may not.