RED horzontal lines are my positions. The one furthest to bottom I suppose I got in way to early and the other positions where just to capitalize on the move for the way down. Learned some pretty powerful stuff over the week so going to test in with these next few trades DEMO.
Will the greatest run in charting history continue?
I recommend to buy or keep the ZN (T-note) to protect your portafolio.
My past few GBPCHF trades have been in loss. What have I learned? 1) my risk reward is no longer garbage -I am limiting myself to trading only once per day with a max size of 0.02 a day. I am not allowed to place any more live trades after this. Meaning I have an actual strategy when I lose. Before I did not have a plan for losing and thus got...
All description on chart. Please, don't forget to like and follow. Thank you.
All description on chart. Please, don't forget to like and follow. Thank you.
Oil testing bottom of channel - buy SPY testing top of channel - sell DXY pushing breakout higher - buy Yuan taking a break - neutral 10 Year Notes - buy BTC - neutral (wait for close above the high of 9 bar) Gold - almost ready to take a break, not quite done yet. Eurodollar - buy Expand each chart to view notes on each market.
New week, updated the dashboard. Swapped out Commodities and Emerging Markets for Dow Futures and Eurodollar futures. Bonds and Notes looking bullish here, the biggest surprise to everything and everyone would be a bond price rally (rates dropping). Everyone is expecting rate hikes, like nearly 100% Will generate a trade idea this week for bonds or notes....
Rate hike 93% probability in week ahead. Expect to see the 10Y at 3 and 30Y at 3.2 over the next 10 trading days.
US10Y is watching the world now. The exchange rate is in the form of a downward correction and a double rising waveform. The bottom of the current correction is 3,013 The current waveform (BC) can be of a similar size to the predecessor first wave structure (0A). If the technical identification is correct, the (BC) wave structure target price is 3.289
CBOT:ZN1! bonds are getting beat up and oversold. the world money system is based on these bonds as collateral, so unless the world will fall apart in turmoil, we must assume that investors will still be interested in lending to the US and buy bonds when oversold. I am specifically interested in the 10 year instead of the 5 year note or long term 20-30yr bond....
Normally movement in the price of oil leads a move in the price of the 10 year note. The blue line is USOIL and it showed me a change in behavior that I couldn't trade. So I looked for shorts in the notes after It made a high . I am now expecting lower highs given how investors are long SPX after the dip
Don't buy green bars just because you think its going to pump. Entry at that arrow would not have reached the TP 50 points up. Market reversed back down to support
As investors price in lower inflation and increased expectations for a Fed rate hike, the yield curve (between the 30 year bond and the two year note) is continuously making new lows. Typically, the flattening or steepening of the yield curve is led by one end, but in this case, both appear to be contributing equally. This presents a problem for the Fed as...