I watched the order flow video with John GRady and noticed he was trding bonds. I also notice that you trade financials which to my understanding would include bonds ...or treasury notes... Are they the same thing?
Something that has me confused about them is the 126 07.5.
What i am asking is what does that mean? Why is there a space after the 6?
Probably a dumb question with an easy answer but humor me.
I wouldn't really have noticed this but last night I glanced at my quote board and noticed that the 10 year was on a small rally. I felt like going long but told myself that i had no buisness doing so since i didn't even know how to read the numbers.
I'm going to look it up but sometimes a regularl person can explain it better.
He's in a better place my friend and I'm sure he doesn't want his delicious body to go to waste and not be enjoyed. The only way to live on is to be consumed. That way in a weird spiritual fashion the pig is reincarnated. He does look happy doesn't he?
Well this thread began asking about Hard Stops. I read it yesterday after I answered the question "Do you Use Stops..."
I sold Gold today and set my stop to move to break even and at $500 profit. I was thinking that was a little too small for gold if I wanted to hold all day. (I have had good success this week with gold and Crude but have exited early leaving a lot of potential profit on the table). So today I decided to move the stop to break-even at 50 ticks profit and leave it alone for the rest of the day with the plan to exit on close. I did get enough movement in my direction to move the stop What a reversal. Gold was up 36 points from my short Stop entry.
I am happy to have broken even on the trade.
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