ZB1! trade ideas
ZB short Term Target Objective (Continuation)Just showing the progress of my previous analysis. The news did not affect price significantly.
TIME ZONE MDT
7:00am USD
HPI m/m
1.7% 0.8% 1.5%
USD
S&P/CS Composite-20 HPI y/y
6.6% 5.3% 5.3%
7:59am USD
Richmond Manufacturing Index
15 20 29
8:00am USD
CB Consumer Confidence (MEDIUM)
96.1 97.7 101.4
ZB short Term Target Objective The price of the Bonds is giving Lower Highs and Lower Lows. That is simply a downtrend, and the price I aim for a previous swing lows that have been formed in the past from the uptrend. News can possibly drive price down, or might do a stop hunt to 173'20.
View on 30yr T bond (23/11)underlying bullishness
resistance above current price.
once price break through resistance, i would see it goes up higher.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activity
ZB, long bondall my ideas can possibly be right, wait for it to all unravel again and blow up in your face. but for now, why don't we buy a ton of 30 year ZB's. I know this is crazy but I am only following the charts. and remember - it can be the opposite tomorrow. but right now I believe in a trend formation.
ZB, long bondthere should be some business in here somewhere. gots to have deep pockets for this one. but man - play like john lee hooker - I believe, I believe....haha!
Short term ZB sell AnalysisI see a primary objective of price aiming to go lower. The previous swing low could be retested or broken, there's a strong probability that could happen this week. Before a sell can be considered, selling ZB at a premium would be the best entry.
TBonds (ZB1!) 4H - Trapped traders on both sides of priceTrade setup
There are trapped traders on both sides of price above monthly highs & lows for TBonds ZB1! on 4H timeframe.
When price comes back to either of these zones - these trapped traders will want to exit - giving us an exit!
Risk management
1) Reduce 50% at 1R => Trade becomes risk free
2) Reduce further 25% at 2R AND move SL to break-even
3) Close trade at 3R
4) Winner = 1.75R
Strategy
Pickup a pair which is highly correlated to DXY (if trading DXY or an uncorrelated instrument, ignore the correlation)
AND
Wait for market structure to break, then trade the retest of that zone. Zone is drawn using the first candle which crossed the pivot high/low to begin trapping the traders
AND
Liquidity in form of equal highs/lows should not be present behind the stop loss
AND
Since the pair is highly correlated to DXY , the formation of HH/LL in DXY should support the trade's direction at the time of zone's formation
ZB, long bondin lockstep with ES. shouldn't happen this way. could there be a possibility of ZB and ES falling at the same time - is what some traders have been wondering. SHORT! but carefully, watch what the FED is saying about more market support today.
T-Bond - One day wonder or trend change?Clear trend since August is broken? Or just a short election peak?
Adding Instruments to TradingView Chart to Track CorrelationsQuick Tutorial video to show how I add and use other instruments like DXY and ES1! to track correlations across markets.
These correlations are a powerful confirmation to help identify behaviour across markets, to give confident in the forex or futures instrument you are trading.
I briefly mention Support & Resistance zones in this video. You can learn how I produce them in the recording of my recent live streaming class >>HERE<<
ZB1!Quite the move in back end of the curve this week, hurt my positions in homebuilders. At a spot where we could see an oversold bounce here. (No position)
