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Bonds Reloaded

Bonds Reloaded

by The MoleAugust 6, 2015

Looks like we may get another opportunity to dip into some bond action. If at first you don’t succeed try try again. In general I’m seeing very nice price action on the futures side today, so let’s get to it:


The five year continues to coil up and as it’s near a rough rising diagonal I’m playing an hourly Net-Line Buy Level to the upside. Stop below 119 – 1/2R only as the tape is highly volatile.


The other half goes to the ten year bond futures – that keeps gyrating its way higher and seems due for the next leg higher. I am open to the downside here as well but do not like the context below, which tells me that any drop lower will most likely be fast and short lived.


Gold still continuing lower and I’m currently long 1/2R but am expecting to flip on a stop out.

More below the fold for my intrepid subs:


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About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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  • Billabong

    Good morning! DX up, CL down … life is good.

  • BobbyLow

    Yes it is. 🙂

    Good morning

  • Kidd Cudi

    short on JNK

  • Billabong

    This is like a rocket ship trying to break Earth orbit….

  • ridingwaves

    Stopped out on JUNO trade…have to honor that stop..

    since this is the slowest of slow weeks I’m out of here for CR…found a flight for $500 round trip from SF to SJO…this is vacation via deflation…..see ya all next week, happy hunting….

  • Darkthirty


  • OzarkHillBilly

    Best not be one of Elon Musk’s.

  • Skynard

    FN 4, not playing this bs.

  • Darkthirty

    that’s why I scalp minutes….it’s ALL BS

  • Ronebadger

    Talking about Bonds…Did you know that Danial Craig shops in Target (Kingston, NY)? My nephew used to work there.

  • Edd

    That is one ugly candle for ERY on a day market got hammered. Up side reversal yesterday to be followed by a downside reversal possible today? We`ll soon see.

  • Edd

    High Falls area?

  • molecool

    I actually look a bit like him – now if I could just pull off that accent…

  • molecool

    I may just follow suit there… boring here as everyone’s on vacation.

  • Ronebadger

    Was it YOU in Target?

  • Ronebadger

    Don’t know…there’s a lot of celebrities, money, etc moving into the Hudson Valley.

  • Edd

    Raised in the south, but I remember 60 years ago being brought thru that area to see the old farm original ancestors had from 200 years ago.

  • BobbyLow

    Yep. I’m just going to wait and see myself. Still have a lot of room left on my stop. BTW, while I have a little slack time, I’m in the process of doing a 20 Year Back Test on the IXE Daily. (I only did a couple of years back before) My Chart only goes back to 1998 but that was the first year I began trading so I’m interested to see what if.

  • Edd

    First time trading UCO/SCO 5min charts today. My system has been based on relatively tight ATR stops, hi volume(over 1 million on average), and very tight bid ask spread, allowing some manner of precision. Wow, these vehicles bounce around as much as a full R and more by the tick. Not so sure if I want to deal with the slippage in this time frame. More work required.

  • BobbyLow

    I think the problem trading UCO/SCO using real fast charts is that I’ve found that the MOMO on these can be a lot faster and cause a lot more spikes than what it really happening on the underlying. This is why I use the MOC price for entry and exit for my daily charts.

    I don’t know how to get around the slippage using 5 Minute Charts without using wider stops and that might defeat your scalping purpose.

  • Billabong

    FN 4?

  • Billabong

    Sold another 50% of remaining SCO position this morning @ 97.70. Next support level 43.71 and then the low.

  • Billabong

    stopped out short long bond position.

  • Edd

    “I don’t know how to get around the slippage using 5 Minute Charts without using wider stops and that might defeat your scalping purpose.”

    This, Yes. Going to go through some further review utilizing some ideas I have had in the past but never took the time to explore. Did I mention I love system building anyway? ! Thanks Bobby

  • Billabong

    See you folks on Sunday night … time to explore some coal opportunities in WV.

  • molecool

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    | | || __| ((_)/ / | _ / _ / __||_ _|
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