Good deal. Here is an update of where we are today. Price of June 10 yr note futures sits at 108'120" presently. Small gain so far. I am looking for a much larger move. Will hold for now.
FWIW, I am expecting some movement back down to the 108, 107 26/32 area (apologize beforehand if I am not writing the price correctly). JJ
Given the relatively low overnight margin required for the ZN/TY contract, and its extraordinary liquidity, it's an ideal vehicle for overnight/position trading opportunities for retail traders who want to supplement their intra-day trading strategies (or move entirely to position trading). Global Futures (not advertising, just showing day and overnight performance bond requirements). Good trading, JJ
ZNM7 is turning out to be a patience trade. (Many of mine are). I'll hold here as right now the trade is only 7 or 8 /32nds to the bad. Right now, I view this as pullback. If I am wrong, I will have to get out down the road.
Do you average into a larger trade? I am active in ZB and usually trade around my core position. el surdo