Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
not sure about the economic side but on the futures side, the ten years are one of the most liquid instruments that also offer much different personality than other markets for day trading.
In TU 1H, I do see a nice decreasing squared triangle on March contract.
Target is 124-22' in the case of a downard exit and 125-16' in the case of an upward one.
As prices came by below, we can expect an upward exit, the structure being of consolidation (of the upward trend).
Prices are also above weekly PP (the thick blue line).
I will buy over 125-04' to target a possible double top at 126 and will sell below 124-30' to target a test of weekly PP (124-245').
As usual, the exit may happen before the Home sales data to be released at 4pm Paris time, 10 am Eastern Time.
mars, you got both, first 124.22, and later 125.16.....i was long waiting the push up, but whit the gaop down i was scared and exit and a i lose both....grrr
thanks for your anaysis, they are very usefull, also trader them is other thing...
La lucha es de igual a igual contra uno mismo
The fight is fair against oneself