Another successful Treasuries Trade

Ten days (July 13th) ago i posted that i was now bullish on 30YR US Treasuries.

And here’s what happened. I got out a bit early but still worked nicely.

USD being at support today could be signaling that the move is a bit overextended.  Either way i am out.

I’m now at 25 consecutive winning trades with previous record being 13.  Not sure whats going on..but will take it.

Here’s what happened:

30 Year US Treasuries Futures

zb-240

And if you look at the same July 13th post i used the 10 Year Treasuries as a little added confirmation..

Here’s what happened there..

10 Year US Treasuries Futures

zn-240

 

 

 

 

 

The best charting teacher I know:
The Morning Analysis Service by Paul Coghlan

Dollar Index gives opportunity to short EUR/USD

Due to the EU’s parasitic taxation system and high level of government BS the only real growth will be credit bubbles and/or currency devaluation. Just ask French football players or IKEA that currently pay around 75% – 105% tax so Algerian immigrants can set fire to cars every few years demanding that the 3k EUR of free money they get per month just isnt enough..

Anyway..here’s the USD Index and this down leg for me is an opportunity to short the EUR/USD.

I normally don’t put entries/exit levels on this blog as the Coghlan interface posts all my stuff in real time.. But this one is screaming from the rooftops..

Shorting EUR/USD around 1.10.. Eventual target is around 0.88.

USDX

usdx240

The best charting teacher I know:
The Morning Analysis Service by Paul Coghlan

Top is in for the Nasdaq

We’ve just had the strongest one week move in Nasdaq in years.

Parabolic markets stay parabolic forever and ever right? That seems to be current knowledge in this mania stage of the bull market.

But..

My target is now hit on Nasdaq.

Getting short.

nasdaq-futures

 

 

 

 

 

 

The best charting teacher I know:
The Morning Analysis Service by Paul Coghlan

You cant make any money trading

You’ve heard it..and it’s 99% mostly true.

Unless you have an edge that works..and you spend years optimizing it..losing money..optimizing it..losing sleep..optimizing it..hair falling out..optimizing it..

Anyone who says it’s done any other way is lying.

A week ago when the world was once again “fixed” i said i was getting long Treasuries.

Here’s what’s happened so far..

US Treasuries Futures

zb-futures2

 

 

 

 

 

The best charting teacher I know:
The Morning Analysis Service by Paul Coghlan

Bonds and Notes – Opposite trade as last week

This week i’m bullish on the 30YR Bonds and 10YR Notes. Last week if you remember i was bearish..and as you can see we have had quite a collapse in price now that Greece has been 100% fixed forever..for sure and for real this time.

Greece really got raked over the coals on the Tsipras deal this morning..my feeling is that the Greek people arent going to dig it much.

30 Year Treasuries on 240 min time frame

30yrtre

 

10 Year Notes

10Year

 

I’m long the 30Year.

 

 

 

 

 

The best charting teacher I know:
The Morning Analysis Service by Paul Coghlan

21 consecutive winning trades

Glancing through my closed trades this morning i noticed that it’s been 21 consecutive winning positions. I normally dont monitor this stuff but do remember that my previous record was 13. Trying to be humble here and not screw it up.. But just pointing it out.

The Coghlan site has been posting all my trades in real time for a little over a year now and maintains a transparent record viewable by anyone who may be interested.

http://coghlancapital.com/omnitrades-closed-positions

 

Short time frame Treasuries slope

treasuries 20

 

 

 

 

The best charting teacher I know:
The Morning Analysis Service by Paul Coghlan

Selling Treasuries – short time frame chart

As we speak it’s probably safe to say that every CB on the planet is on a series of coordinated conference calls planning an all-out assault on the world media to buoy the markets. (Bullard 5)

I’m normally not trading short time frames but the 240min chart on ZB (US Treasuries futures) confirms what i am feeling about the Greek situation. Today we got the news..and selling on the news seems to be the thing to do here. For the time being anyway..

30 Year Treasuries Futures

30-year-treasuries-futures

Once the effects of the CB’s media blitzes during times like this becomes muted to the point of open derision by market participants..that will probably be the time to put on the long term shorts to ride into the coming bear market (if those are still legal). I’m still thinking just before autumn of this year.

 

 

 

 

 

 

The best charting teacher I know:
The Morning Analysis Service by Paul Coghlan

And then this happened.. Crude oil

I’ve been posting for the past 45 days or so that i was building crude oil shorts..

Here, Here and Here..

And the past week finally gave me the move i was waiting for..

Here’s what happened..

crude-oil-trade

Down -10% in a week.

Closed position as the move was hard/fast and with Greek referendum anything could happen.

I did this trade with November crude oil (CL) futures options and was all posted in real time on the no-frills Coghlan Capital site as are all of my trades for the past year now.

http://www.coghlancapital.com/omnitrades-current-positions

 

 

 

 

The best charting teacher I know:
The Morning Analysis Service by Paul Coghlan