Hubert Senters here.
I got a question from Tom.
I reviewed your Bonds course again and I have been trying to trade. Obviously Bonds. Is it just me or are the Bonds hard to trade right now? No Tom it is not you right now. They will ground your account to dust brother.
I’ve made a couple of trades but nothing major. The ADX sucks. Tom brother, I’m right there with you so if we take a look at what Tom’s talking about The three major bond markets that will trade would be at FGBL.
Now, this is the bund. Bund is actually a little tradeable more than the 10 and the 30. Anytime, the ADX drops below that green line. That means be careful. I’m going to trade sideways, I’ll probably ground your account to dust. The Bund is starting to open up. The TY is the 10-year note. It is starting to break down.
The ADX is a little low. And you can see like this is just the sideways. On Bonds you usually don’t do that. Here. Let me give you a little bit different timeframe. Let’s look at the monthly. The Bonds you can see there usually pretty trendy.
But just basically for the past six months or so they just been parable.
So you’ve had a nice little upmove here. You had a good downmove here. You had a good upmove here. A pullback and an upmove. And then five or six months of just the worst trading you could possibly imagine. It won’t last like this forever. Interest rates will eventually come back to start raise interest rates and these things will go nuts either up or down depending on which way they’re going to go.
And then that’s the 10-year. And then the last one is the 30-year. This one I always call the Bond. That’s the monthly too.
You can see it’s got a nice little monthly trend to it but unfortunately for the past five or six months they’ve just been hard to trade because they’ve been trading sideways because of the Fed printing money it mess with the interest rate products obviously. The more they print money it makes this thing harder to trade.
It will eventually return to a really good market. It’s actually one of y favorite markets to trade. So Tom you’re in good company man. I haven’t been trading a lot of me either. I’ve been trying to stay away from but I am starting to look at them because they’re starting to show some signs of wiping them.
Mark Helweg is doing a special webinar tonight on ”How to Take Super Small Risk and Target Massive Winning Trades”
Come checkout the webinar. It is tonight at 8PM EST. Click the big yellow button. I’ll HYPERLINK you to the page.
Good luck. Hope it helps. See you on the next video.
Hubert.
