FORUMS BROKERS SOFTWARE
Home
 
    Forums > Futures Trading > Financial Futures > US - 30Y Bonds


Reply
 
Thread Tools
Old Feb 7th, 2012, 08:56 AM   #7
HATEtheRisk
 
 
Join Date: Aug 2011
Location: Europe
Posts: 1,587
I can see what Gold will do on the 4h chart the next hours.

But i cant see what it will does this month.

Attached Images
File Type: jpg gold 4h.jpg (47.3 KB, 69 views)
    Quote
Old Feb 7th, 2012, 08:58 AM   #8
HATEtheRisk
 
 
Join Date: Aug 2011
Location: Europe
Posts: 1,587
US Bonds & Gold/USD are the strongest correlated marketes i know.
I never have seen anything more correlated than this.

Not even the Stock Indices and Gold are so strong correlated.

So if the correlations are worth anything, then the falling Bonds should push Gold to test the last highs on the Weekly chart, maybe its attacking the overall high.

Money can only do one thing, go in Bonds or go Gold. One goes up and the other down.

Attached Images
File Type: jpg gold - weekly.jpg (40.2 KB, 63 views)
    Quote
Old Feb 7th, 2012, 09:02 AM   #9
ammo
 
 
Join Date: Feb 2007
Location: chicago
Posts: 20,370
those wide spots are where the most trades took place,so it stops there as the left over longs or shorts cover for a scratch ,if there are enough it will change direction,if not,once exhausted and out of the way it will continue to the next spot, the narrow is a gap fill mentality
Attached Images
File Type: png 2012-02-07-tos_charts.png gc 2.png (66.4 KB, 56 views)
    Quote
Old Feb 7th, 2012, 09:05 AM   #10
ammo
 
 
Join Date: Feb 2007
Location: chicago
Posts: 20,370
gap .... wide spot is 1721-25,see if it holds
Attached Images
File Type: png 2012-02-07-tos_charts.png gap.png (63.8 KB, 46 views)
    Quote
Old Feb 7th, 2012, 09:17 AM   #11
HATEtheRisk
 
 
Join Date: Aug 2011
Location: Europe
Posts: 1,587
Well, how i see this here, is........

Bonds go down for sure this month, so Gold goes up, thats a natural law.

The question is only how far will it go up in february and when does it start.

This week in Gold we have a little bearish bar or an inside bar, you will see at the end of the week.
But i am sure it will not start the move this week.

Next week probably.

Now, Bonds, seem to go down.

I am fascinated and looking forward to see where goes the money flow, i love this correlations.

PEACE
    Quote
Old Feb 7th, 2012, 11:02 AM   #12
HATEtheRisk
 
 
Join Date: Aug 2011
Location: Europe
Posts: 1,587
Quote:
Quote from ammo:

those wide spots are where the most trades took place,so it stops there as the left over longs or shorts cover for a scratch ,if there are enough it will change direction,if not,once exhausted and out of the way it will continue to the next spot, the narrow is a gap fill mentality
While we are talking about the big moves, this was a quick easy small move trade.

But now, it seems it starts this week and as we both know, correlated markets do move at the same time.

So Bonds are leading Gold, right now, IMO.
Attached Images
File Type: jpg gold quick.jpg (45.8 KB, 71 views)
    Quote
 
Reply
Thread Tools

Forum Jump



   Conduct Rules   Privacy Policy   Sitemap Copyright © 2014, Elite Trader. All rights reserved.   

WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures
Futures Trading & Clearing
Alpha 7 Trading Academy
Proprietary Trading Education
AMP Global Clearing
Futures and FX Trading
Bright Trading
Professional Equities Trading
CTS
Futures Trading Software
DaytradingBias.com
Professional Trading Analytics
ECHOtrade
Professional Trading Firm
eSignal
Trading Software Provider
FXCM
Forex Trading Services
Global Futures
Futures, Options & FX Trading
Interactive Brokers
Pro Gateway to World Markets
JC Trading Group
Direct Access Trading
MB Trading
Direct Access Trading
MultiCharts
Trading Software Provider
NinjaTrader
Trading Software Provider
OANDA
Currency Trading
optionshouse
Option Trading & Education
Rithmic
Futures Trade Execution Platform
SpeedTrader
Direct Access Trading
SpreadProfessor
Spread Trading Instruction
thinkorswim by TD Ameritrade
Direct Access TradingAdvertisement
TradersStudio
System Building & Backtesting
Trading Technologies
Trading Software Provider
Trend Following
Trading Systems Provider