US Yield Curve ( 2 minus 10 year ) US Yield Curve ( 2 minus 10 year ) - Commitment of Traders - Futures Only - Percent of Open Interest - Legacy Format - Calculation of
10 year Non Commercial Longs minus Non Commercial Shorts with sum of 2 year Non Commercial Longs minus Non Commercial Shorts
Treasuries
T-Bond Futures Setup on Daily ChartsEntering into long position with Reward to Risk of 1.8 in US 30 years Treasury Bonds, fantastic high quality opportunity. I hope it will work out as expected!
US 30 Year Treasury Bill Long Trade on H4 ChartI am entering a long position into long term US treasuries from a support line clearly visible on H4 and daily charts. Although the long term perspective for the price of bonds is negative due to expected rate hikes later this year and next year, on the shorter time scale (few weeks) the Treasuries seems under-priced after the strong decline last few weeks and there are good chances of success with this trade. Risk/Reward at 1.09. Always above 1 at all my trades!
US 30-Year Treasury Bonds Long Trade on H1 ChartThe support zone at 152.05 is confirmed and well backed with strong buying activity. I am entering more aggressively at market with 1.40 Reward to Risk Ratio. If tomorrow US NFP data is negative it will additionally benefit this trade.
Gold OUTLOOK Long term Gold Chart I see a Potential Inverted Head & Shoulders Pattern forming "waiting 4 right shoulder".
At moment long call option is active.
But this is what i'll be tracking as the week goes on.
So, let's see how geopolitics will react.
#Gold and Treasuries Rallied on Geopolitical tension
#Trump Tax
#North Korean Problem and French election
this is a general market view!
Happy trading!
LOOKING TO GO LONG T-BONDS Promising setup developing at TLT (treasury bond ETF) at the daily timeframe.
Looking to go long with momentum or at pullback to the trendline.
First tactical target 200SMA, main target 129-130 area (measured move + 50% level of Jul-Dec 2016 move). Setup invalidated with daily close below 120.
10 Year T-Note Futures: Uptrend in motionWe have a strong uptrend signal in treasury notes and potential for a big upside move. I'm currently long $TMF, as my proxy for this move, since $TLT was lower than 10 Year Note futures, offering a more interesting risk/reward (as per Tim West's posts). Right now, I think the move to the upside is confirmed, so, if you're not in, you could look into buying either instrument on dips. Stop losses can be tight, but you're better off without one, and simply adjusting size based on volatility (1-3 times the daily ATR -11 periods- for your 'stop' distance, and thus size to fit your risk criteria).
Good luck,
Ivan Labrie.
TREASURY YIELDS TO GO BACK UP - Short BondsUptrend should resume after the 61.8% retracement and bullish divergence.
Fundamentally a normal mean reversion of term premium is occurring.
This should also support the USD in the medium-term and keep the uptrend intact for 2017.
However the move may be choppy because of extreme long positioning.
EURUSD: Tight stop loss longEURUSD has an interesting signal in the short term. The chart points to more upside here, but the most interesting thing is that the stop loss for this long trade is very tight. Also, we have a record position in speculator shorts in treasuries plus a massive selloff courtesy of China, which would correlate with today's dip in the Euro (on the back of Yellen's remarks as well).
With these things in mind, there're big expectations going into Trump's inauguration on Friday, and the downtrend mode resistance has been breached in the daily and weekly charts here, so, upside is possible. I don't discard a selloff in the Pound, so I'd keep that short as my backup plan, but I'm taking this long here.
Good luck,
Ivan Labrie.
Positioning | Net Non-Commercial US 10y T-NotesAt extreme levels, however, the data doesn't look correct... I'm certain it is the most extreme since 2005!
TLT: Short term rally, potential pullback in a downtrendTLT offers a low risk buy if we make a new high tomorrow, with a stop under the recent swing low.
We can aim for a retest of weekly resistance, as signaled on chart. I'd rather buy and exit there to be safe. There's a chance we might be able to flip short at that level, but I'd rather take that trade by buying $USDJPY and $USDSEK for instance, and/or shorting $EURUSD.
Good luck,
Ivan Labrie.