ZB1! trade ideas
Short BUBI think you have three choices: go Long NOB, Short BUB, or do both (in turn, be Short the ZB butterfly). I've chosen to concentrate on BUB trades until my account and my psychology can handle the risk.
Short 30y bondsThere was a precise and vigorous rejection from the upper parallel of this descending Modified Schiff pitchfork
Stop above previous high at 147-00
Enter at 144-25
Take profit at 140-00
Long BUB spreadI had to reverse my position earlier today. And of course, I end-up entering my long BUB trade at the top of the pivot. Taking some heat, but sticking with my long BUB bias
Bonds Going DownLong term downtrend about to resume. On the TLT play, I see under 108 by Jan 2019 option expiration.
Treasury bond futures/TLT: Interesting place to buyThis might be worth a shot as a hedge for equity holdings here.
Risk 3 ATR down from here.
Best of luck,
Ivan Labrie.
ZB - Bonds on the waySo Forkers - here's your Bond Trade I've mentioned in the free ForkTrading Group Weekly Outlook.
Next Station, WL4.
P!
ZB descending channel A lower low ("B" compared to "A") below a descending channel can signal continuation.
Keep diving?30 Y under significant pressure. Hasn't come out of VWAP bands in some time. $TLT $IEF $GLD $GDX $DXY
Gold holding up well given bondsUgly selloff today in bonds. Not a good sign. $TLT $GLD $GDX $SLV $SPY $VXX
ZB Weekly analysisResistance at the 38Fib. Waiting for a continuation above the 38 Fib with Aussie gaining strength against the Yen. Looking a for a target to the 50 or 6i.8 Fib.
Bonds Poised for Big Breakout$TLT $SPY $GLD $VXX $QQQ $IEF Poised for the upside. Multiple 200 SMA time frames.
