TLT Long at VWAP Bounce T- Bills 20 years
Updated
TLT on the 15 minute chart in the past two trading sessions consolidated and then fell into
a pullback to the support of the anchored mean VWAP. Relative volatility spiked and has
now contracted. I see this as a good entry to add to my TLT position having sold a good portion
of it three trading days ago when price showed topping wicks outside the fibonacci highest
band. This will be about $ 1.00 cheaper than before that sale and is part of a zig-zag
strategy for TLT overall.
a pullback to the support of the anchored mean VWAP. Relative volatility spiked and has
now contracted. I see this as a good entry to add to my TLT position having sold a good portion
of it three trading days ago when price showed topping wicks outside the fibonacci highest
band. This will be about $ 1.00 cheaper than before that sale and is part of a zig-zag
strategy for TLT overall.
Trade closed: stop reached
Trade active
Trade re-entered with a risk management strategy via straddle of options- see the idea linked here 
Trade closed: stop reached
TLT bottomed, Closed, and flipped to TBT at the low pivot.Disclaimer
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