Monday, July 7, 2008

Monday Day Trading: ZB Long Entry


Click on chart for comments. I only traded morning session and did not participate on afternoon movement jump on bonds. This trade went on to reach target on 3rd bar after 1st bar spike reversal in the bonds.

The movement jump in the market today looks more and more like a manipulation and not based on any event today. Look for the market to adjust tomorrow being Tuesday. Perhaps, even a consolidation day before the next move in the market.

David AKA Tiger

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