ZB1! trade ideas
Bonds - \ZBBonds recently completed a 9 week right triangle and stayed below with Friday's close. I am personally not in the trade - not every market opinion you have warrants a trade, I have learned.
A measured target for this move would be near the 164.25 area.
ZBLooking for some nice symmetrical moves as can be seen by the blue advance lines and red retracement lines.
`also the fib retracements at 50% and 61.8%
Covered Call setupLooking to take advantage of the next move up I bought a covered call. Long 1 Futures sell 1 (175 call)
ZB1!, ZN1! Bonds - Shortthe economy is extremely gloomy, the latest job created is only 38k
bloods on the streets, nothing to buy?
Short 10yrs and 30yrs treasury bond
*this is not an advice for you to enter
i have some SL in mind
Bonds WaitingWill short on retest of extreme if break out of minor channel shows liquidation. Right now, I'm just waiting. Targets reached
US Treasury Bond Futures In Consolidation - 6/7/2016Whether it will break upside or down is anybody's guess but playing the range has been a very profitable exercise so far. As the global trend on bond yield suggests, a break on upside is more likely then down but we have to be vigilant if Fed surprises with hike. In that case also, it will be another buying opportunity than selling we believe. US has long way to go for negative yield but you never know !
T-BONDS FUTURES short entryThe price is at prior resistance area.
Some sort of a double top is being formed which is consiedered to be a reversal pattern.
I'm not sure whether I'll close the trade at initial target or earlier. However, the probability of a profitable trade here is pretty good.
Both entry price and stop-loss price are on the chart.
GLHF ;)
ZBVery clean bullish chart in an ascending channel pattern.
Short term descending trend line has been broken, therefore have initiated a long position.
ZBRetraced 50% of its low to high break-out from the descending trend-line.
A break above the blue dotted descending trend-line would initiate a long trade with a target of the 1.272 extensions at 173
ZB - Some Short term setup on ZBNQ is setting up for long as well. Which will win, Not in my hands, wait and watch. Make sure to Navigate the market with caution, Until we find the confirmed direction.
30-yr UST: The Long Bond is gonna get heavyEarly signs of topping on ZB futures. Distribution candles on the top, and failing yet again at familiar spot. Setup is not yet confirmed by RSI or MACD, though, and the long bond bounced a bit off the MA(9).
I'm inclined to open half of my position here. A daily close below MA(9) would lead me to open the second half of the short on ZB, targetting MA(200), around 156'00 at current times.
A breakdown below MA(200) is in the cards if Crude Oil (related idea) goes above 35$. Otherwise, good to hop on some ZBs for risk-off trading!
Squeeze on............ BondsInteresting enough, with the pending interest rate decision from the FEDs, The Bond market is experiencing a Squeeze.
Higher interest rates, affects the Bonds and Stocks negative, while the former being more sensitive, Keeping an eye on the Bonds may Shed some lights. If the interest rates will raise or not.
1. ISM index reported low
2. ADP Employment change is high.
Importantly,
3. Non Farm Payroll is due this friday.
That is a good amount of catalyst for the market.
In addition, This being the last month of the year, trading is a bit slow, even with the market failing to notice the divergences between multiple co-related asset classes.
Good Luck
Enjoy the holidays
See you all next year. Unless Something important happens.
Bond fireworks soon?The weekly chart on the Bonds is developing a signal. No matter what direction the wedge breaks we expect a 6-10 week move. Keep this chart front and center on computer.
