30 Year Bond Auction & Economic Reports 4.17.2015

Hello Traders,

Traders need to keep track of their trading and in my opinion write a journal for many reasons. One of these reasons is repetitive market behavior on certain dates, certain times of the day/month etc.

I wrote before on how bonds have a weird volatile behavior the last 30 minutes of the last trading day of each month. Open a 1 minute chart and go back to the last trading days of each month and check for yourself….many times the volatility during these last 15-30 minutes is much greater than the whole week before….

Crude oil every Wednesday around 9:30 central when API comes out….

Bonds every second Thursday of the month when a little know event, called 30 year auction takes place….

Another example took place today. Option expiration day for energies saw a volatile , strong move in crude oil, heating oil, unleaded gas….If you are day trading crude, you need to be aware of this behavior and write it down so the next time it happens you will not get caught off guard.

Not only that, if you get to the point of confidence/ experience etc. you may actually LOOK for these specific times when volatility increases and both risk and opportunity increase as well.

So keep a journal, keep studying the markets and keep looking for ways to get an edge, even the slightest edge can make a difference.

GOOD TRADING