My TIMM Trading Pit Commentary – Wk Of 3/25/19

TIMM (Traders’ & Investors’ Mentor Market) provides the tools analysts need to share their insights in a central location, TIMM becomes a market where traders and investors can shop for the insights they’re looking for.
The Trading Pits are, in some ways, the main meeting place for TIMM. Here you will see folks sharing insights and asking questions about markets.

Commentary from this past week includes:

Bond trade working out so far…will close position at end of the day whether or not target is hit, don’t like holding futures positions over the weekend.

Shorted the 10 yr note as it started breaking down from the weekly chart. The trade set up was a level on level 2 min zone.

That Japanese Yen chart I showed yesterday, well price is pulling back from the 1 hr supply.

On the Japanese Yen, price is struck between a 4 hr demand and a 1 hr supply. However, on the daily chart the momentum is up, so I’m looking for the 4 hr supply to hold.

Japanese Yen dropping from a 4 hr supply zone, but couldn’t find a good entry to join the ride down.

The 10 yr note has been hovering in and out of weekly supply, looking for a break of the pivot low before considering a short.

30 yr bond sitting in daily and weekly supply, but still strong momentum to the upside.

Do or die for the S&P 500 futures, a break of the daily demand will send it lower.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.

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