Minimum stop loss is 50 pts on this ticker with OANDA, which doesn't respect the R:R of the idea. You will have to manually manage this trade if you don't want a shitty 0,89:1 RR
Here you can see where the money from the euro area flows, among other things. Nobody talks about it and the media sell the "EU people" once again for stupid and tell corresponding fairy tales. The high of the Euro in the third week of February marks the low of 10-year British government bonds. The first of March low in the euro with 1.2124 marks the blue 1 high...
Bonds are holding at the minor projection at 121.72. Due to the underlying bearish momentum we expect a continuation towards the much more important targets at respectively 116.82 and 108.90. Note that this latter level is virtually equal to multiple pivots of 2013-2014. We maintain our strong negative stance versus bonds. Only a recovery above 125<>125.20 can...
The title and the weekly chart itself tell the whole story. I really hope for a bounce to 126.40, would be more comfortable to take this short there. But as this is probably one of the best trades for the long term supported by fundamentals too, I would not mind to sell the weekly break below 124 either.
Think it will hold for now reach climax at 131-132 area. Likley go down back in 120 area or could break higher head for 135
Good strong support. Looking for price to go higher.
Nice pull back into support near 786 fib level with pivot support. Looking for high close doji and moving average crossover to confirm bullish move higher. FOMC will be a catalyst.
Potential long play. Waiting for high close doji.
The bonds will fall as the economy rich the targets entry point around 129.899ish first target 128.507