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Bond Trade with Risk Sentiment

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At 11:00 am Risk was clearly coming into the OFF territory but the indices were already too far in Bull Zone passed R2, so I concentrated on the 30 Y Bond and place my sell stop at the RQC 7 right below Bear Zone 1 which provided an attractive entry.I set my stop loss at $300 and my profit target at $200, The trade went sideways for 2 hours getting positive $93.50 and then negative $125.00 but I was confident and did not mess with stop and target. Yes I could have taken a few more ticks but only had 1 contract. What counts for me is  when I entered the trade and why.
 MY NEW MOTTO IS   WHAT DO I SEE! – WHAT DOES IT MEAN? – WHAT DO I DO?
Pierre S. – RQ Insider Member
bond trade Pierre 2
 
 
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