Bond Trader 2006

Had the same feeling when I saw the 5 min yield gap down, but got a tight grip of the Ferrari steering wheel and focus on the low volume.

 

Looks like a Bearish Flag formation on the 5 min ZBZ06

 

Lance,

I just finished 30 minutes on my recumbent indoor bike. Nice trade!

Any take on activity here? I haven't been watching for the last 30 minutes. Looks like a par for the course rectangular range that lasts all morning until lunchtime or shortly thereafter.

 

After 8 tests of 110-26 it finally goes to 110-25 ( my target)

Should I have waited?, YES. It was making a classic BEARISH Banner formation on very low volume.

 

Lance,
do you see a retest of the lows?
Thanks

 

I second the question. Re-test of lows, or call it a day and prepare for the big report tomorrow.

 

bidding 24 to cover my last shorts. It looks
like dead trade until magnana.

 

Probably not today because there is no driver catalyst and CPI is too close in the calendar. Notice the break of 110-26 it is so slow that it will make you fall sleep.

 

out at 24.
This is a nice thread.
Thanks.

 

Looks like I left a lot of money on the table.