Friday, April 3, 2009

Trade of the Week: Thursday, April 2nd, ZB Short Trade for $500 on 2 Contracts

Trade of the Week: April 2nd, 2009 30 Year (ZB) Market

• 30 Year Treasury (ZB) trade above is an example of a Short THRUST Bar entry with very nice supporting volume.

• This ZB trade earned $250.00 per every contract traded, or for every 2 contracts the trade earned $500.00.

• ZB market, 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 after 11:00 AM Eastern time.

• We had 8 trades on the week: 4 winners, 1 breakeven, and 3 non-winning trades.

• Breakdown: ES 3 trades, ZB 1 trade, G6E 2 trades, GC 2 trades, and CL 0 trades.

• Overall we ended with a very nice profit on the week trading 2 contracts.

• We had 4 morning trading sessions this week from 8:20AM Eastern to 11:30AM Eastern, and no afternoon trading session from 1:30PM Eastern to 4:00PM Eastern.


Good Trades,

David “Tiger” Knight

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