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Sunday, April 15, 2012

BOND UPDATE

One final note on the Bond trade. If the afternoon session on Monday opens greater than Sundays opening price of 141'20 the trade is exited on that opening taking a profit. It is possible we could have a trade going in the opposite direction upon that opening, but for the purposes of monitoring these trades, they are all exited first profitable opening. Some of them might be reversed on that opening but we won't know that until the day session closes tomorrow, and the orders are generated for the next day.

Do not waste your time looking at oscillators and other things trying to figure out what is generating these trades. The odds are millions to one that you could ever figure it out.

Capiche?

1 comment:

Michael Tredr said...

LOL! gotta keep it simple and/or objective. have a great and profitable monday!