Ahead of the ECB decision the German 10yr bund is at an inflection point with the 166.66 breakout point and channel support being tested. This goes without saying, a break below is bearish, but a pivot from here keeps the bullish momentum alive. RSI was divergent and signaled the turn two weeks ago, but with daily RSI back to mid range, it could go either way now.
in previous posts. we outlined that bond volatility was seeping into equities. to me the biggest outlier in the bond space is the german bund.
Buying the german government bonds for 5th wave up
I have taken a tactical short position in German Bunds - based on little more that the fact that we're at the top of a channel range. I prepared to get stopped out, if we being to move higher.
SL 162.6 TP1 161.9 (1:~2) TP2 161.6 (1:~2.5/3) Optional TP3 ~161.2 (1:~3.5/4) 4/12/18 price action has extended well past its upper true range value and touched overhead resistance + upper weekly true range. Short from here and aim for minimum 1:2 RR. Move SL down to initial position when TP1 hit, then aim for just before next support @ 161.515. If you want to...
German Government Bonds continue to languish aimlessly in a down-trending channel. The gradual convergence of the moving averages tells us that the market may be close in time to a decision point. Unless the market confidently closes above this channel, it can be assumed that Bunds are topping out in earnest. The fundamental story behind Bunds is that the rest of...
Broke trend line and market is creating new lower highs.
Bullish candle broke trendline . There could be a further retest of the trendline before price takes off. Long breakout with bullish candle.
DE10YBEUR long. The BUND exchange rate assuming a rising triple wave structure. The exchange rate started the second rising stage of this wave structure. Correction of which can start at a W1ATR axis. The third rising stage that started after the correction target price is 169.89
Asset: BUND DE10YBEUR Time interval: 1 Hour Position: Long/Call Expiry: 27 Jun 19:00 (GMT+2) Target rate: 163.000 Greetings, Tradebinaireopties.
Clearly looking bullish, interested to see how this ends at the end of the month. Entry - Current price when market opens Take Profit - 165.625 Stop Loss - 157.017 I am not a fortune teller so take these predictions as pure entertainment. Trading has great risks so trade responsibly.
Virtually all .gov bond markets are bearish. Recent recoveries are nothing more than regular counter trend moves within clear down trends and we expect the recoveries to peter out quite soon. We are preparing a new short-setup for the Bund with the following parameters: time frame: 420-minute+ short-entry trigger @ 159.70 SL @ 160.75 Target @ 155 (possibly to be...
Bund is back on major support at 159.26 (Fibonacci retracement, horizontal overlap support) and a potential bounce could occur at this level to push price up to at least 160.65 resistance (Fibonacci retracement, horizontal pullback resistance). RSI (34) is also making a nice pullback to previous resistance-turned-support line. Trading CFDs on margin carries high...
Idea: *Looking for increasing strength from 159.78 * 159.55 to show support, possible retest of the level DISCLAIMER: This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a...