My targets are 107 19, 107 17 and finally 107 12. If I can hold to 107 12, I will have my best day ever. But that would be gambling, now wouldn't it?
0739 Orders in to exit at the following levels: 107 17 107 16 I'll leave some on for 107 12. The above is not gambling.
0741 107 17's filled. 0741 Got nervous and filled the rest at 107 20. While I was comfortable with the risk (large lot trade like yesterday's), I was uncomfortable with giving up ticks all the way back to 107 23. Kind of foolish to give up money when the 107 23's were intended to be a scalp trade anyway. Well, my best trade ever goal is no longer possible but as this was a rather remarkable trade, I am on my way to my best day ever. Just one more solid entry.
Note the 0728 time. It is even more obvious on the 1 min 10 year chart. Once again, I post here on ET using CST. The chart is EST.
Ah, an easy 2 - 4 ticks. Shorting at the time of the post and exiting now at 107 16. I didn't take the trade, as I thought we might go a little higher. 0800 CST I see a low in place either on the 0900 or the 1000 bar, followed by up through 1200, followed by down. FYI, my hourly bars are named according to the hour they terminate on, i.e. the 0900 hourly bar opened now at 0800 and will close at 0859. In terms of the important hourly cycle I've talked about, I see a low taking place in 6 hours. My goal today is to sell any retracements to 107 24 or 107 26. Always beware the "V" day.
0811 CST I got a buy signal at 107 17 to 107 18 a few minutes ago on my neural net. I'm not taking it for a variety of reasons. I'm looking for one last trade of the day.