KS96's in da house $

Quote from KS96:

So, how do you trade it then?

One of the assumptions I make in my trading is that: Trends break out at *random* times.
This seems to work OK with stocks, but not with fixed-income
(which seem to be more a news-driven market).
The result... I am getting chopped for 3 days in front of the announcement.
I should reconsidered my assumptions when trading the Bund...

I am trading only in my head right now :)
I watch the market, but I do not see any of my set-ups.
Yeah, interest rate futures react quite hard to macro news, because that is all they have. Nobody sells all his stocks because the unemployment rate has changed, the focus is a lot more on company news.
BTW, markets are chopping, trading in ranges about 80/85% of the time, which means they are in a balance area, but you can look for very short term trends. Then pivot points are very important because trader have their stops and entries there, traders want to test them or run against them, hitting stops: restiance and support level are often like magnets.
 
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