Long German Govt Bonds When Europe Parties Like It's Thirties
That's my plan for monetizing a bet on Marine Le Pen :p
(also federal election in Germany in September, possibility of Grexit, hard Brexit and whatever you think may be wrong on the old continent)
(also federal election in Germany in September, possibility of Grexit, hard Brexit and whatever you think may be wrong on the old continent)
Trade active:
Looking good, gonna buy me some Bunds now :p
Trade active:
Bought on Monday's opening few Bund 16/26 issues at 96.3, price action is looking nice right now especially looking at how yesterday's fundamentals caused so far only a retrace to a major resistance in German yields, which means there should be a lot of buying interest in German government securities right now.
Still, looking at the chart something seems not right... The 6-month old trend line still seems to be intact which means that we need to wait for confirmation after some heavy downside in yields next week, preferably at Monday's opening.
Still, looking at the chart something seems not right... The 6-month old trend line still seems to be intact which means that we need to wait for confirmation after some heavy downside in yields next week, preferably at Monday's opening.
Trade active:
The trade is going nicely, looking for massive downside in yields over the next two weeks after the confirmation on the next Monday.
Trade active:
Still holding