Turn Around in Bonds ?
Bonds have been falling since Monday. Ive attached 3 charts of my entry into what I hope may be a retest of channel top, as well as a breakout up, and change in trend direction. Should be interesting. Will update as time permits.
First update on position. Top of channel reached. Now we'll see if we can breakout to the upside as the day progresses.
Further update. Chart attached shows re-entry of the
1/2 taken off at channel top.
1/2 taken off at channel top.
nice trade Ninja
So much for the breakout theory, lol. Was stopped out of reentry but have again reentered, virtually where orig entry was. You can see why I take part off at targets. Ive essentially held 1/2 all the way back down. :-( But at least a nice gain on half, and hopefully starting over again with potential bounce back up from channel bottom.
Final update. Ive run out of time, and have exited total position. If you're reading this (what a trooper, lol), then hopefully you have gotten something of value from it.
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