This is the trade that I’m going to focus on this week. The treasuries could be setup for a good sell on Wednesday. I could get short the treasuries right now and put my stop at Friday’s high. It might work, it might not. A better opportunity is if the treasuries go above [...]
I tried to short the treasury market several times last year and failed every time. Looking over my trades I always have a hard time entering the treasury trade, but if you look at how the treasuries reverse at tops then you’ll notice that it’s very rare to get a good sell setup near a [...]
This is one market that I’m going to be watching very closely in the next week. The US treasuries have tanked big time over the past few days and are near support from the 200 day moving average. The fact that ES has broken out to a new two year high at the same time [...]
If the treasuries keep trading sideways then they will eventually lead to an upside breakout over 132’110. The chart does not look weak to me. Today’s big move up over yesterday’s high is especially bullish. With ES beginning to pullback, I think it’s a good time to sell puts on the treasuries again. I will [...]
Treasuries have surprisingly rallied since I closed my short put position six days ago. This is somewhat of a divergence from ES and could confirm that ES is nearing a top. Still I want to see treasuries break the 132’110 high soon and reclaim the 117’295 uptrend line to confirm that this market is still [...]
I sold 129.5 strike puts on ZN this morning for 0’100 (about $150/contract). I have been doing this a while now (ever since I gave up shorting this market!) and have had a lot of success. Unlike ES I have had a better time predicting the price action in this market. I was previously looking [...]
Whenever my casual investor friends bring up Gold, I redirect them to treasuries. It’s funny how everyone is talking about how low mortgage interest rates are and refinancing all day but no one really thinks about investing in treasuries themselves. Treasuries did make a new high following an unexpected dip below the 117’295 uptrend line. [...]
This is one market to watch closely in the next few days. I think treasuries are on the verge of a big breakout to the upside. In particular the treasuries should rally well above the previous 131’300 high. But two things could happen once it breaks 131’300.
It could trap reverse (make a marginally [...]
The treasuries are triangulating and look poised to break to the upside. I have sold puts at the 128’5 strike in anticipation of the breakout. ZN is at support right now and I am actively looking for long entries in this market. The treasuries should stay above 129’5 now (previous swing low), and should serve [...]
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- I swear they ran that up to 1158 just to blow my stop 2011/09/29
- ES is at 1154, moving stop to 1157.75 2011/09/29
- Short ES@1158, stop=1162 2011/09/29
