Australian (ASX) Stock Market Forum

DH7 Trades the Bond Futures

Im just trying to be optimistic. You know the losers mentality lol. Pure punting when your hoping the market makes up for your days losses.
 
haha i'll take that as a compliment. Just made 1 point on 3 lots.

Im down at a total of $180USD.

Going to go for a cycle, clear my head out and come back and trade.

Not going to fight the trend at the moment. Its always suicidal to trade on tilt.
 
Total loss for today $160.

Considering the amount of mistakes I made and things I learnt, I think it was a good day. The market worked me like a dog today.

No direction what so ever. More side to side with the notes hardly even moving.

I learnt that if my entry position isnt optimum, I can scale in with half the size and possibly but another lot averaging down. That way I can get a better price. I know this goes against the rule of averaging losers but notes feel like they move more up and down before heading one way.
 
Doh, I scanned through forex factory and was only focusing on High Impact Figures. Must of missed that part lol. Thanks skc
 
Doh, I scanned through forex factory and was only focusing on High Impact Figures. Must of missed that part lol. Thanks skc


Just get the Eurex daily briefing emailed to you....it's free
 
Hey Can, ive got it on my other email but ill subscribe on my newer email address.

Long 2 x @ .305 on the aussie 10 year bonds.

Not sure if the american markets are trading with the proper liquidity due to holiday hence why im seeking movement through the aussie markets.
 
Hey Can, ive got it on my other email but ill subscribe on my newer email address.

Long 2 x @ .305 on the aussie 10 year bonds.

Not sure if the american markets are trading with the proper liquidity due to holiday hence why im seeking movement through the aussie markets.

Don't forget China GDP figure @ 1pm Sydney time. A potential market mover...
 
Hey SKC, thanks for reminding me.

For some reason I had thought about it and remembered that I didnt know how to hedge up in an aussie market but regardless im out.

Sold 2 x @ .310

I went offside for a while but yeah decided that 1 tick profit was as far as I was willing to go.

Ill look for setups after china gdp.
 
Once the CNY GDP figures came out (didnt even know what they were at the time), ntoes went bid immediately. I hesitated, chased it and bought. Notes went offered, emini went bid. I had only gone in half clip (1 lot) and then I averaged down buying another clip at the support level.

Regardless of the outcome, I think I made 1 point.

It says Im up $126USD for the day so thats always good.
 
I checked what the figures were before I averaged down though, just to make sure it wasnt some thing ridiculous.

The markets have been acting really sluggish so im just taking profits off the table quick. Don't want a repeat of yesterday.

Every profit is valuable boost to the morale gained after a bad trading day.
 
Well the GDP number is out, they faked it again...honestly when will they learn. Unfortunately the culture of FACE gets in the way of reality once again. The markets don't like it, risk off again. CL down, but bounced off 29...back to setting up this TT Platform:banghead:
 
haha, when the government kidnaps it's own citizens, it hardly comes as a suprise.

Well bonds are making there way up too. Should of held on a little more but my ego is still pleased.
 
Well the GDP number is out, they faked it again...honestly when will they learn. Unfortunately the culture of FACE gets in the way of reality once again. The markets don't like it, risk off again. CL down, but bounced off 29...back to setting up this TT Platform:banghead:

Let me know how the web version works mate!
 
haha, when the government kidnaps it's own citizens, it hardly comes as a surprise.

Well bonds are making there way up too. Should of held on a little more but my ego is still pleased.

There was allot of chatter about and one of the possibilities was that they may try and post something more realistic. Since that has not happened we'll need to rely more on industrial production, power usage and PMI data and see how that's digested. China had lost an opportunity to be taken seriously again. This hurts the long term investment potential and the funds will continue to exit. They keep talking about reform, but never do anything...Same with the air quality, talk talk talk....anyway, we're booked on a flight and have started packing.
 
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