After few days of consolidation BUND is getting ready for a clear Ichimoku buy signal on the 4H time frame.
Px broke above the cloud, Future Cloud is close to bullish cross (pointing up), Chikou back above px candles too.
How to setup the trade? Either look for buy at a Kijun and Kumo pull back, or stop buy entry at previous Chikou high.
Place Limit Buy at 143,80 / Stop Buy at 144,25 OCO. Initial stop loss for the Long position shd be placed at 143,35
I wish I could post here a 4H chart for 10y US Treasury as well, but unfortunately on futures products here I can use only EOD datas, lower time frames are not supported, and I couldn't find CFD for the UST.
Anyway, on that chart I could show you how does it look like when Ichimoku gives a false sell signal. Few days ago it had a confirmed sell signal at 125'16, which since then proved to be a false signal. (I got stopped :-) ) Yesterday 10y UST futures gave a buy signal on 4H as well.
None of the systems are 100 % perfect. What matters is the traders' and their systems' consistency!
So both major bonds found buying support - this can be a signal for.....? It worths to watch.
Px broke above the cloud, Future Cloud is close to bullish cross (pointing up), Chikou back above px candles too.
How to setup the trade? Either look for buy at a Kijun and Kumo pull back, or stop buy entry at previous Chikou high.
Place Limit Buy at 143,80 / Stop Buy at 144,25 OCO. Initial stop loss for the Long position shd be placed at 143,35
I wish I could post here a 4H chart for 10y US Treasury as well, but unfortunately on futures products here I can use only EOD datas, lower time frames are not supported, and I couldn't find CFD for the UST.
Anyway, on that chart I could show you how does it look like when Ichimoku gives a false sell signal. Few days ago it had a confirmed sell signal at 125'16, which since then proved to be a false signal. (I got stopped :-) ) Yesterday 10y UST futures gave a buy signal on 4H as well.
None of the systems are 100 % perfect. What matters is the traders' and their systems' consistency!
So both major bonds found buying support - this can be a signal for.....? It worths to watch.