This excerpt is part of a larger blog post where I'll delve into my 2024 trading strategy and explain the rationale behind my trades.
For those new to trading, early career decisions play a pivotal role in shaping one's trading trajectory, significantly impacting both profitability and mental ability to continue trading over the years. The two choices are...
It might work, taking out the EUR of the equation, there's a short-term breakout preceded by a divergence between the german 2-yr bond and the unique currency;
as this is a relation, it means that choosing one of the side makes more profit that going for one and keep against the other.
Just a matter of options.
Idiotism reloaded!? How long does this market believe in negative rates? Tick-tock... maybe sell this one in May, and not the stocks? Sooner or later ECB will change policy and normalize front end rates back to at least zero yield.
Technicals:
- Yield is back to minus 0,72-0,75 %. Retesting prev. broken downtrend line, 100wma and SenkouB level
- Ichimoku...
First of all, this might be the driver for further EUR strength, which means EURUSD will trade much higher if the spread compression continues.
And dear Friends, there is obviously quite some room for the spread compression.
Upper-left chart -> Weekly US2y - Schatz spread:
- possibly a Head and Shoulders top
- bearish Heikin-Ashi signal
- Room to fall to...
In addition to the previous post on US/German 2 year yield spread, here I show you how it could really work from the german Schatz sell side!
This chart shows the German 2 year Schatz yield.
- Long term trend is bearish, but the trendline is coming lower. Right now the break point is around minus 70 bps. (-0,70 %)
- Ichimoku has BULLISH bias ahead: Senkou A is...
