Thursday 28 October 2010

Stopped Out of Bullish Bond Trade

Got stopped out of my bullish 30-year Treasury bond position Thursday as the bond yield bounced up. I usually look for opportunities to put on a discretionary trade in the opposite direction in this kind of situation because it means the market is showing a strong trend against the historic data that could continue for a while.

2 comments:

Denali92 said...

The timer for bonds and stocks both seem a bit off right now.

Well done on being honest and publishing your results too!

I just found your site a few months ago and I now eagerly await your weekly posting.

THANKS!

Anonymous said...

Alex
this might interest you.
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http://www.tradingtheodds.com/2010/10/cot-commercial-non-commercial-and-sm
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