Friday, August 10, 2012

This may be crazy talk...but today looks like a snoozer

Once again focusing on ZN...133-23+ has taken the spotlight as the center of value.  The Micro Bell Curve then is 133-27+ vs 133-19+....133-19+ being too low. 

I don't like the idea of getting short in the face of an under-supply condition...So if we get another chance to buy the market anywhere near 133-19+...i'll get long for a quick trade above the mode.  These are pretty tight ranges, so not the type of market to trade big size with.  

In general, this means buy dips, and get flat above the mode after under-supply conditions.  Should also make for a stress free weekend.

good luck trading...govttrader out


  1. great blog! love the use of Market Profile charts!

  2. Hey Govt Trader. Nice blog. While you had the chance of learning from the big cats, I am a self-taught proprietary trader. I was wondering if you could suggest a couple of good works on fixed income, as you seem to know this game.