Quick Tutorial video to show how I add and use other instruments like DXY and ES1! to track correlations across markets.
These correlations are a powerful confirmation to help identify behaviour across markets, to give confident in the forex or futures instrument you are trading.
I briefly mention Support & Resistance zones in this video. You can learn how I...
resistance above current price.
once price break through resistance, i would see it goes up higher.
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You...
Just showing the progress of my previous analysis. The news did not affect price significantly.
TIME ZONE MDT
1.7% 0.8% 1.5%
S&P/CS Composite-20 HPI y/y
6.6% 5.3% 5.3%
Richmond Manufacturing Index
15 20 29
CB Consumer Confidence (MEDIUM)
96.1 97.7 101.4
The price of the Bonds is giving Lower Highs and Lower Lows. That is simply a downtrend, and the price I aim for a previous swing lows that have been formed in the past from the uptrend. News can possibly drive price down, or might do a stop hunt to 173'20.
all my ideas can possibly be right, wait for it to all unravel again and blow up in your face. but for now, why don't we buy a ton of 30 year ZB's. I know this is crazy but I am only following the charts. and remember - it can be the opposite tomorrow. but right now I believe in a trend formation.
I see a primary objective of price aiming to go lower. The previous swing low could be retested or broken, there's a strong probability that could happen this week. Before a sell can be considered, selling ZB at a premium would be the best entry.
in lockstep with ES. shouldn't happen this way. could there be a possibility of ZB and ES falling at the same time - is what some traders have been wondering. SHORT! but carefully, watch what the FED is saying about more market support today.
There are trapped traders on both sides of price above monthly highs & lows for TBonds ZB1! on 4H timeframe.
When price comes back to either of these zones - these trapped traders will want to exit - giving us an exit!
1) Reduce 50% at 1R => Trade becomes risk free
2) Reduce further 25% at 2R AND move SL to break-even