We should sell !!my prediction we should sell
First we notice the remarkable volume and second we see the break of VWAP
ZN1! trade ideas
Signals from the Bond MarketAfter this sideways dredge in the bond market, the upside vulnerability is mounting. Appetite for bonds reflected in prices rising could lead stocks to underperform or lag for a short period of time. This scenario would be seen as a correction in a prolonged decline. The below video explains what levels to watch for.
Strong buy signalAccording to my analysis, the chart indicates a strong and very profitable buy signal
ZNIf we break the trading range ( Rectangle ) with force and high volumes then we could have a trend.
If it breaks with a big green candlestick and high green volume then we could buy it.
If it breaks with a big red candlestick and high red volume then we could sell it.
exploration of the multi-timeframe indicator dashboardhover your mouse over the white anchor symbols to see how the chart is read at that point
why does all of this work? these indicators are all incredibly popular -popular enough to feature in most trading strategies, and are the inputs of many automated trading strategies
think of it as a big grid with moving lines where participants execute their trades at these lines
Similar bull flag visible on 10 year. Same but different.Here is almost the exact same trade from a signals and trigger standpoint.
It's basically the same formation, but in a different market.
----
What is different about this one than from gold? Quite a lot actually. It's better to go through that kind of stuff on one's own, but what I would really want people to notice is this bond trade looks like it broke out of an area of consolidation, and is now using the flag to dip into a retest of a broken resistance area. Do not blow any fuses adding confluences to your trading, but if you can find places where it looks like all the bull tribes are uniting then you can find high probability areas where price will move higher from in the future.
EW Analysis: Bearish Looking Treasuries May Push USDJPY HigherHello traders!
Today we will talk about treasuries (10Y US Notes) and its negative correlation with USDJPY.
As you can see, 10Y US Notes turned sharply down after a corrective movement in wave 4), which means that it can be now on the way back to lows for wave 5), especially if breaks below channel support line.
At the same time USDJPY may continue higher as we know they are in tight negative correlation, so be aware of more upside on USDJPY with room even up to March 2020 highs and 112 area.
Trade smart!
If you like what we do then please like and share our idea!
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
10Y T-NOTES FUTURESThe downtrend continue
Squeeze some dollars by shorting the contract
next stop indicated in the chart
