Nice trade today in the bond market. 1/2 off at 114^26, remaining contracts off at 114^11. This was a total of $843.75 for every 2 contracts traded today.My thought process was close below low, green volume, and bonds had not adjusted from the FOMC movement and the stock movement. This was a trade I held to target just above the ADR line, or Average Daily Range.
This was also a trade I updated my subscribers this morning and if they took the trade, then they made a decent amount of money this morning.
Good Trades,
David AKA Tiger
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