- Had planned to put on 2s/10s steepener around +275 with a stop below +266. This was when it was trading at +288.
- Now that we are here at +275, changed my mind.
- Excuses for being chicken : 1. Attached daily chart looks ominous. 2. NFP tonight. 3. Core book is heavily loaded up already, not much room to take on more risks and too many positions to watch. 4. Not sure how this correlates with my basically long USD book.
- Revisit after NFP tonight.
05 March 2010
US_2s/10s : Chickened Out
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