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IvanLabrie
Feb 26, 2017 1:10 PM

10 Year T-Note Futures: Uptrend in motion Long

10-Year T-Note Futures (Mar 2017)CBOT

Description

We have a strong uptrend signal in treasury notes and potential for a big upside move. I'm currently long TMF, as my proxy for this move, since TLT was lower than 10 Year Note futures, offering a more interesting risk/reward (as per Tim West's posts). Right now, I think the move to the upside is confirmed, so, if you're not in, you could look into buying either instrument on dips. Stop losses can be tight, but you're better off without one, and simply adjusting size based on volatility (1-3 times the daily ATR -11 periods- for your 'stop' distance, and thus size to fit your risk criteria).

Good luck,

Ivan Labrie.
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