Tuesday, October 22, 2013

Anatomy of a NFP trade

So I'm currently long ZB. I bought it right before the NFP number. Ridiculous right? Well, the 30 minute trend was flipping long, so I "had to" buy. Took balls of steel, and I was nervous as fuck buying it, but my new mentality is that since I know exactly what I'm risking, and I'm comfortable with the risk and position size - I just buy.

Look at how the trade is playing out so far.

Ofcourse I'm still in it, my target of 135 '04 may or may not hit. But its a risk free trade at the moment and thats all I care about. 

No comments:

Post a Comment