ZB1! trade ideas
***Long Opp***Notes on chart.
Futures trading involves significant risk of financial loss and is not suitable for every investor.
Bear DVG on Large Suuport LineCaution - 163'25 would have to clean break, test first.
Typically this would be a buy spot (weekly lows)
Bonds - \ZBBonds recently completed a 9 week right triangle and stayed below with Friday's close. I am personally not in the trade - not every market opinion you have warrants a trade, I have learned.
A measured target for this move would be near the 164.25 area.
ZBLooking for some nice symmetrical moves as can be seen by the blue advance lines and red retracement lines.
`also the fib retracements at 50% and 61.8%
Covered Call setupLooking to take advantage of the next move up I bought a covered call. Long 1 Futures sell 1 (175 call)
ZB1!, ZN1! Bonds - Shortthe economy is extremely gloomy, the latest job created is only 38k
bloods on the streets, nothing to buy?
Short 10yrs and 30yrs treasury bond
*this is not an advice for you to enter
i have some SL in mind
Bonds WaitingWill short on retest of extreme if break out of minor channel shows liquidation. Right now, I'm just waiting. Targets reached
US Treasury Bond Futures In Consolidation - 6/7/2016Whether it will break upside or down is anybody's guess but playing the range has been a very profitable exercise so far. As the global trend on bond yield suggests, a break on upside is more likely then down but we have to be vigilant if Fed surprises with hike. In that case also, it will be another buying opportunity than selling we believe. US has long way to go for negative yield but you never know !
T-BONDS FUTURES short entryThe price is at prior resistance area.
Some sort of a double top is being formed which is consiedered to be a reversal pattern.
I'm not sure whether I'll close the trade at initial target or earlier. However, the probability of a profitable trade here is pretty good.
Both entry price and stop-loss price are on the chart.
GLHF ;)
ZBVery clean bullish chart in an ascending channel pattern.
Short term descending trend line has been broken, therefore have initiated a long position.
ZBRetraced 50% of its low to high break-out from the descending trend-line.
A break above the blue dotted descending trend-line would initiate a long trade with a target of the 1.272 extensions at 173
ZB - Some Short term setup on ZBNQ is setting up for long as well. Which will win, Not in my hands, wait and watch. Make sure to Navigate the market with caution, Until we find the confirmed direction.
