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Have you looked back on those trades to see what time they have occurred? Maybe the market still tend to be in balance if the first trade is too early (I mean on a statistical basis-some days the market will be balanced early on but maybe most days it isn't at a certain time).
not comprehensive review as yet. i normally wait for the bund to balance before any trade, all varied times, will do proper review when get some more data/eom. gd character test if nothing more than a statistical anomaly!
if people / institutions believe in QE, then stocks wld rally.....& bonds come off? then bunds rally when ecb step in when purchasing bunds? some contrary forces at work?
That correlation has died many years ago Rosho. Although its evident that on some days it works on the bigger picture it doesnt hold. stocks and bonds, in Europe at least, go hand by hand as long as QE is active and the rates stay that low.