A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and sup
This will be a very simple trade for me. I have already placed a Buy-Stop Order GTC @ 19.04 which is one penny above the most previous high. See my line on the chart. The reasoning for the trade is that if rates exceed that previous high they are likely to continue to climb. Of course, I'll have a very tight stop which will be no more than 1% risk, maybe less if...
A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.
I was expecting this to come to 17.35, I bought yesterday break from the open, am buying today as well.
I wonder if this might test september open and then go higher. 3rd quarter closed a hammer and I think this quarter should be closing higher. * Just an idea I have
TBT trying to put a bottom in here with good volume support, a recent gap fill and potential selling climax However indicators not confirming a bottom/turn up yet. Further, chart dynamics predict more down as the larger Wave 2 wants to finishes lower. US will likely raise rates relatively soon and sometime later this year, with the rest of the world - just...
Go long TBT as a play on rising rates. It appears that the 10yr has formed a double bottom and is ready to reverse. The economy is strong and the recovery is going well. The Delta variant is currently peaking so things will only get better going forward. Technicals look good on the TBT chart and the fundamentals backing the thesis are solid. TBT is a good...
bought some, COT commercials are net short in DXY tho, but maybe this week is the time to buy this...
just a thought. is this the bullish signal we are waiting for?
this is just a possibility. not a lot of people posting their ideas on TBT so here you go.
Interest rates will increase. I'll keep an eye on this. I started small position today.
TBT broke out of a long bottoming base. Bullish set up based on technicals and fundamentals. Targets and levels on the chart. Trade safe.
Without too much noise, interest rates appear to be creeping up. In comparing with other trading instruments I watch, it appears to have the biggest potential for a move. As the rising rates indicate an increase in inflation, I've also had my eyes on a few commodities. Inflation has too long been downplayed but we all know the reality of inflation because we...
Entry $17.00 TP1: 33$. Multi-year Bullish Harmonic String. Supporting Mean Reversion Levels. Thanks for Pondering the Unknown with me, Glitch420
I'm soon to be SHORT Bonds and watching for best entry. While I'm concerned with the small reaction thus far in TBT but believe the Stock Mrkt is at a reflection point this week. This is a short term view but I am looking for a LONG on TBT/ and or SHORT on USM20 ----->
Thinking bonds might be topping here or in the next day or two. Good risk reward here, especially with cheap options. Unless you object to buying a leveraged instrument on a leveraged instrument. Big time nice if right!