Friday, March 13, 2009

Trade of the Week: Monday ZB Short Trade for $828.12 on 2 Contracts

Click on chart for comments on the ZB (30 Year Treasury) Market trade.

· 30 Year Treasury (ZB) trade above is an example of a short thrust breaking thru major support.

· ZB trade went on to earn $828.12 for every 2 contracts traded, taking one off at 1st profit target of 127^27.5, and 2nd contract was hit profit objective of 125^17, in front of the failure to reach the lower average daily range at 125^08.

· ZB trade, if you would like to replay it for yourself, then use the ZB1 setting with your Rockwell Trade Navigator. The time of the trade was a little after 9:50AM Eastern time.

· We had 6 trades on the week: 5 winners, 1 breakeven, and 0 non-winning trades.

· Breakdown: ES 1 trade, ZB 2 trades, G6E 0 trades, GC 2 trades, and CL 1 trade


Good Trades,

David AKA Tiger

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