BNY | Bond Income Anyone | Entry PointBlackRock New York Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in the investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes. BlackRock New York Municipal Income Trust was formed on July 26, 2001 and is domiciled in United States.
Fixed
US 10-Year Yield PeakThe 10 year yield will not get to 3%. Since 1987 we have seen this downward trend in treasuries indicated by the channels on the chart.
As of today, the 2 standard deviation peak is at 2.2% and the 3 standard deviation peak is at 2.9%. In one year it will move down to 2.0% and 2.7% respectively. There's also a chance we already peaked and we don't see a 10 year yield over 2% for the foreseeable future.
There has not been a single time since 1985 that we broke out of the 3 standard deviation upper bound. It is safe to say 2.9% is a hard cap on the 10 year without a major meltdown in the US bond market.
Even the 2 std. dev. channel has only been broken twice (and only once significantly) since then. I think this will cause huge bond buying whenever it gets above 2.2% and realistically we won't see over 2.5%.
Eventually we'll start flirting with the 0% bound and the 2 std. dev trend will dip negative sometime in 2030. Until then, enjoy the roaring 20s.
Going for a short on bitcoin Just my idea, no advise.
BItcoin has made a nice rally in the weekend, this most of the times not a good sign for the short term bulls.
Now it's again under the weekly resistance around 57.500.
I'm going to try to short if it goes up to the weekly.
The profit points are the high volumes nodes from the fixed range.
The last take profit will be on the weekly @ 45.200
If it goes up the weekly 57500 and closes above, i'll take my loss and will go long for a new ATH.
i'm still new on hormonic patterns and time fibs, so the next study will be on those area's.
A big request - FIXED profit and transfer in USDT/USD/USDC Hello dear friends.
At this time, there is no particularity in the market, and I have not seen this for a long time.
Please read this to the very end of this trading idea.
I care how you trade and I don't want for you, to lose your money now.
Therefore, those who follow my trading ideas, do as I ask you.
Why am I asking you to take profits and wait out any price movement in fiat currency.
Because:
Bitcoin price margin values are now over 3000 pips (this is a new record for such price spikes).
One wrong entry into a position will result in a series of losing trades.
Secondly :
There is no specifics on the levels - each of them is broken, they trade under it, and vice versa - the price is returned by stop losses.
Thirdly:
We have a falling wedge that expands the boundaries - and in which direction (for a price reversal, for a price fall) I cannot indicate.
In the fourth column:
At 30m, 1h, 2h, an inverted head and shoulders are formed, but the volume for selling (orders) is too large at marks such as (33500-34000-34500-35000) The same number - buy orders from $ 30,000 per bitcoin. It follows from this that the price will be squeezed between levels.
5th
cluster analysis - a large accumulation of forces in a given price range - and in which direction the impulse movement will be - I cannot write to you.
On many indicators, such as:
RSI, MACD, BOLLINGER and WR - each timeframe - works in contradiction with the older timeframes.
The more TF, the unassigned pointer it has.
For example, for some - there should already be a price reversal, for the rest, the continuation of the fall.
Likewise - the state of correction occurred from the moment of growth by 20%, but according to the analysis of Japanese candlesticks, it is unassigned - this can be indicated to you by the last 7 candles on 1 hour TF.
Therefore, if you are in profitable positions, save them and set a stop loss (trigger, market) in order not to exit the position with a loss.
For those who follow my recommendations, the time will come when you and I will earn much more than we will trade for good luck
Although - I expect the price to fall to the levels that I wrote to you.
At the moment I have no positions - and I am waiting for confirmation of entering it.
Potential 100 pip trades aheadPound has been moving strong but without any real long-term direction. We are approaching another key lever which is around 1.3175, it is also a 61.8 fib retracement level from previous bull run and the one before, seems like everything is lining up for a bullish run through the resistance we have touched yesterday. But also if we go below this level, we could see bears taking over and smashing the support 1.3050,... Ok, let's take it easy 1.3050 support is holding very strong with weekly confluences as well but if the 1.3150-1.3175 level wont hold we can expect at least a touch of 1.3050. Just wanted to give you guys a quick recap of what is happening, we don't have a trade yet, price action will determine nice entries but first, as said before lets see what price does around 1.3175.