US10Y - You Could Say Last Weeks Targeting Was Overzealous
Playing safe this week as last weeks projection was stretched to 4.401% but top formed @ 4.348%.
Immediate Swing high and low in relation to current price means we are currently in a discount market with last weeks updated projection of 4.19% still up for grabs and macro EQ @ 4.137% also up for debate if the sell programme continues.
My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
Immediate Swing high and low in relation to current price means we are currently in a discount market with last weeks updated projection of 4.19% still up for grabs and macro EQ @ 4.137% also up for debate if the sell programme continues.
My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
Trade closed: target reached:
Sunday's price action confirmed 4.19% @ 21:00pm before rallying throughout the day. Due to my target already being hit, I will have to sit on my heals and await for 4.275% liquidity void to be met, ideally in Tuesdays session.
Trade active:
4.275% Is the next bullish point of call
Order cancelled:
4.273% was the highs.
Sometimes it's not always a upwards rollercoster
Sometimes it's not always a upwards rollercoster
Trade closed: target reached:
Overall weekly bearish target of 4.19% has been met yesterday 13:00pm US session
Comment:
Throughout the week, Yields have been rangebound therefore the second short target of 4.137% is more likely to be met after a red folder, high volatile event day.
