COTs Timer: Stopped Out of Bullish Bond Trade

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!; 28 October 2010 at 13:49
Anonymous said...: Alex
this might interest you.
britefire

http://www.tradingtheodds.com/2010/10/cot-commercial-non-commercial-and-sm
all-traders/; 29 October 2010 at 14:46

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About This Site

I am an active trader and award-winning investigative journalist based in Lac Brome in Quebec's Eastern Townships, just outside Montreal. I have written about investing and business for The Montreal Gazette, Investor's Digest of Canada, Technical Analysis of Stocks & Commodities, Futures & Options Trader, The Financial Post and others. I am not a certified financial advisor and am still refining my COTs Timer system. Please see more disclaimer information below. See my complete profile at the "Intro to COT" link above.

DISCLAIMER

I created this blog to record my personal, subjective observations about the markets, solely for my entertainment and that of interested readers and to foster research. Nothing on this blog should be construed as financial advice or an offer or recommendation to purchase or sell any security. I encourage anyone interested in the markets to do your own homework and/or consult a professional advisor. I am not a certified financial advisor and am still refining my trading system. I reserve the right to modify or stop publishing aspects of my system at any time or to delay updating my tables for whatever reason, or I may not do so in a timely manner. My system has resulted in very large drawdowns in some trades. Past backtested and real-time results are no guarantee of future performance. I will not be liable for any losses or damages of any kind that result from the content of this site. Although I consider the data, calculations and information on this blog to be reliable, I can't make any guarantees and won't be held liable or responsible for anything erroneous on this website. You are solely responsible for implementing safeguards of your data and system when you use this site and its content and links. It is up to the user of this site and content to protect yourself from worms, trojan horses, viruses and the like. I may hold positions in some of the securities mentioned in this blog.