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@heclara, I'm new to looking at bonds. What do you consider to be a good setup? What timeframes do you look at? Are you mainly trading pullbacks? thanks for your input.
You really need to look at charts and find something that fits your way of trading , everyone is a little different . Just because something works for me doesn't mean it will work for you . I use 1 and 3 min. charts quite often , and a 15 min. chart for trend direction . I also like a 377 tick chart . Yes , I really like trading pull backs. Hope it helps
If the 61 fib line is broken for any length of time it probably spells and end to anymore up trend for a time at least . If it jumps off that 61 fib line then that is a whole new story . The bulls may take over again .
It will probably waffle around until the US Prop desks can get a chop. Look for a bottom...the Greek thing wont be solved this week. Markets can be slow to act but once they do....