03 September 2010

US10YY : Sticking to Game Plan

  • NFP -54k. less weak than expectations. Disastrous for Risk Off book.
  • However, sticking to game plan. Had cut back risk (.. the Best Laid Plans ...) in preparation for such an event so that I could slowly scale back into the original Risk Off position sizes. Prices remain within triangles pointed out in earlier post today. [ie original trends intact, now consolidating].
  • Bought TYZ0 at 123-26 = 2.75% after NFP release earlier.
  • Not willing to re-instate the short S&Ps yet. Will wait some more.
  • Also regret not waiting for 78 in AUD/JPY. Sigh.

2 comments:

Taichiseal said...

Paid 124-22 (2.63%)

Taichiseal said...

Paid 124-16.5 (2.65%)