2 YEAR NOTE FUTURES COULD GO HIGHER2 YR NOTE FUTURES NOW at 2007-2008 LEVEL - COULD GO HIGHER FROM HERE - OPPORTUNITY OF A DECADE TO BE LONG?
ZTM2020 trade ideas
2 YEAR T-NOTE FUTURES (MAR 2019), 1D, CBOTTrading Signal
Short Position (EP) : 106'03'3
Stop Loss (SL) : 106'07'1
Take Profit (TP) : 105'27'1, 105'19'0
Description
ZTH2019 formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (106'03'3) and place stop after 0.618 level (106'07'1). Once the position was hit, place take profit before an agreement (105'27'1) and 105'19'0
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.0078125 = +-$15.625/std-contract
Commission fee = -$2.94/std-contract
EP to SL = $0.1 = -$234.38
Contract size to open = 12 standard contracts
EP to TP#1 = $0.3 = +$515.63
EP to TP#2 = $0.5 = +$1,023.44
Expected Result
Commission Fee = -$35.28
Loss = -$2,812.5
Gain#1 = +$3,093.75
Gain#2 = +$6,140.63
Total Gain = +$9,234.38
Risk/Reward Ratio = 3.23
2 YEAR T-NOTE FUTURES (MAR 2019), 1D, CBOTTrading Signal
Short Position (EP) : 106.09375
Stop Loss (SL) : 106.21875
Take Profit (TP) : 105.78125, 105.59375
Description
ZTH2019 formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (106.09375) and place stop after 0.618 level (106.21875). Once the position was hit, place take profit before an agreement (105.78125) and 105.59375
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.0078125 = +-$15.625/std-contract
Commission fee = -$2.94/std-contract
EP to SL = $0.1 = -$250
Contract size to open = 12 standard contracts
EP to TP#1 = $0.3 = +$625
EP to TP#2 = $0.5 = +$1,000
Expected Result
Commission Fee = -$35.28
Loss = -$3,000
Gain#1 = +$3,750
Gain#2 = +$6,000
Total Gain = +$9,750
Risk/Reward Ratio = 3.2
Good Short Opp HereInterest rates spiked due to the Brexit event but market forces are trying to regain equilibrium now.
One could short the futures contract or buy a put option to take advantage here.
Futures trading involves serious financial risks and are not suitable for all investors. Please seek competent trading advisors before placing any trades.
Great Short Opp Here!Futures are not for everyone. Futures trading involves financial risk of loss. Please consult your professional trading advisor before placing any trades.
Short Opp Here!I have been working on some new trading rules based on Bill Williams Trading Chaos.
Long term weekly 89 sma is down and price and daily 89 ema are both below it. (The purple trend line)
Price is currently 'on sale' in terms of the long term trend, that is, the price is above the yellow trend line (daily 89 ema)
Acceleration and momentum are both showing downward pressure.
