Eclectic

Short Dec 10 yr note 115140 Initial buy stop is 116155

 

Bought Dec 10 yr future 112125

Initial stop is 108000

 

B1S2 are you now long? I do not understand these 2 trades
According to your parameters the 10 yr is in a uptrend? Thanks

 

The first trade was stopped out. Now, I am looking at a swing upwards in the 10 yr note futures--basically a technical bounce.

--an uptrend on swing charts--

 

What's your view on 30 year futures?

 

Just the same-- Nice bounce. I have no idea how far so I use trailing stops.

 

Ten Year Note, US Stock Indice, EuroFX, Oil and Gold are all in a downtrend (wow!).

Wouln't recommend any Long swing positions in them until those conditions change.

GT

 

10-16-08 11:02 AM

Bought Dec 10 yr future 112125

Initial stop is 108000
Sell stop raised to 110'270"

 

I've got a small bounce here. 1' 12" I am not ready to move my stop into the money yet. I'll keep my stop where it is for now and review it a little later.

 

If I were watching the depth of the market, I would see quite number of sell orders at 114'000". It doesn't matter--I am not trading the short frames. There have been large sell orders all the way through this bounce. At some point, it will hold and I will miss the top. No matter--I will trail the stop up again in a while.