ZB1! - Deprived Bonds

10 thg 3

There is usually a very tight correlation between the bonds market and the yields but what we have seen
especially on Friday is price action moving in tandem to each other.

Yields closed bearish whilst Bonds had a shift in market structure whilst closing bearish on the Friday which indicates something will give soon!

121.02 was my expectation for this weeks price action which was met but we have yet to retest 121.02 after running right through it.

120 would be a deep retracement but I would not rule that out of the cards for next week.

My philosophy is simple...

Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.

This includes;

- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!

The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.

Credits;

- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN

16 thg 3

Đóng lệnh: đạt mục tiêu

Throughout the whole of this week, i have been fighting food poisoning with today being the day i was admitted into hospital hence the reason for a delayed update to all of the asset pairs analysed for this weeks trading. But this does not mean abandonment!

From the beginning of this weeks trading, we have seen absolute capitulation; from the highs of 122.50 to the dark depths of 118.15, discount with Thursday being the biggest moving day.

My expectation for bonds this week, similar to yields was an attack on a order block, specifically daily bullish order block @ 120 but what I never factored in was the insanity that would take hold once Wednesday’s price action was booked. The sell programme was far from over…

121.01 & 120 weekly target has been met but in all honesty, if I was to update this on time, my next short-fall target would be 118 (due to previous respect) and 117 weekly imbalance.