Messed this up big time the last round (legged out of long +2 and +11 at worst possible time). Intra-month high seen +31. Pulled back to +13 now where I have just gone long again (long Bunds/short UST) in 1.3% EAR. This time I intend to run this purely as a spread all the way through. Recall pattern is a double bottom at -67, neckline at +11 = objective +89.
26 June 2009
Bunds UST 10 year spread : Try Again @ +13
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