Bond Yields

bigbear92

New Member
Hey

Hello I am trying to understand the concept of bond yields especially from ICT's videos.

So a declining price in 10Y T-Note equates to a higher bond yield, does this mean dollar is bullish because bond yields are bullish?
 

Golden Bull

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I think Mental Mikey is trying to understand it himself. When you actually really understand something, you are usually able to communicate it to others clearly. I think what you should do is this: ask him nicely if he can clarify it. Than go back to his previous bond videos, and find one that states the exact opposite. Now after you realized who you deal with, move on with your life, and place your trading on more solid "teachings".

-P
 

Peterma

Well-Known Member
Haven't viewed any of his videos in the last couple of years, but in the early years I recall a specific comment "foreign currencies chase yield". (now the memory can slip from time to time)

The problem with inter-market is that it's an ever changing field, especially shorter term, you have to rely on market attitude in the 'now' - e.g. have you noticed WTI, if there is a spurt of buying the s&p reacts positively, yet the books say the opposite.

Anyways, long story short, learn from the hr1 chart in real time, look at this past week on 10yr (price) and usdx

Correlation negative for first 4 days, then Friday and a little excitement hits the market, so was the USDX going against the 'pull' of the daily correlation for those 4 days and rectified on Friday, the more the pull away the greater the return - Thursday was particularly noticeable in it's divergence.

Click back to a daily, and is the usdx trying to get up to 100.30 (hope it doesn't make it) and is 10 yr likewise pulling itself in the same direction?

Always learn this stuff in real time. :)
 

Golden Bull

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Peterma said:
Haven't viewed any of his videos in the last couple of years
Peter,when you say you actually have no clue, cause you dont know what you talking about, you dont give any value, nor you display any smarts(even though you try to crypt it with language.). You seem to be talking for the sake of it.

Peterma said:
The problem with inter-market is that it's an ever changing field, especially shorter term, you have to rely on market attitude in the 'now' - e.g. have you noticed WTI, if there is a spurt of buying the s&p reacts positively, yet the books say the opposite.
An advice to being present. Positive, and good advice. So ,about what he stated, is it good now, or bad now?

Peterma said:
Always learn this stuff in real time. :)
Always learn. Good advice. Being a trader is to learn,same as to lead a good life. Defiantly not yakking endlessly But to making points,process info,and learn, and to take deliberate action according to those .If i translate it: If you want to answer and have the smarts, facts and experience according to a certain topic, answer, if you don't(or you dont have a fuckin clue about it. eg:
Peterma said:
Haven't viewed any of his videos in the last couple of years
), then you should not. Why the fuck to yak for the sake of it, instead of doing something useful?

Please advise. Because i dont understand your responses, or if they appropriate,and if they are, then how :p. And i really would like to "get" where you come from. Always looking for opportunities to learn,trade or to become a better person with better understandings. So please communicate a response to our different views. Thx in advance.

Cheers
-P
 

Peterma

Well-Known Member
Some of the guys have asked about ICT etc and did I find anything useful back in the day.

The whole debate around him is of no consequence to me, I said elsewhere that this is a mercenary business.

I needed to see inside the head of a TA only trader and it had to be someone without a sales pitch, I'd already seen inside most of the other guys, just part of a learning curve, once done it's purpose served then that's that.

I understand a little of FA since I have been learning it for around 40 years, but you have to remember that I used to use candles for light, fibs were things you told to people and indicators were little orange lights affixed to most cars.

ICT very graciously did that job in his old videos, which I had catalogued to help my understanding, he has long since dumped those videos, I have long since dumped the notes.

Now, the big thing about a lot of the TA stuff is on the left, I spend most my time on the right, where it bloody dark and hard to see, so using divergence with bonds on a US instrument such as the s&p or the USDX is just an aid.

Btw, Bigbear, have a good look at the us10y, use hr1, zoom back and choose say the most recent four lows including yesterday's low - draw a horizontal on each low and look left.

Bonds have always been like that, even back in the day when all we had were little bars with notches on them, before Nison.
 

Computater707

Well-Known Member
Peterma said:
I understand a little of FA since I have been learning it for around 40 years, but you have to remember that I used to use candles for light, fibs were things you told to people and indicators were little orange lights affixed to most cars.

ICT very graciously did that job in his old videos, which I had cataloged to help my understanding, he has long since dumped those videos, I have long since dumped the notes.
That was classic! Those were high points
 

Peterma

Well-Known Member
Peterma said:
Btw, Bigbear, have a good look at the us10y, use hr1, zoom back and choose say the most recent four lows including yesterday's low - draw a horizontal on each low and look left.
Not sure whether Bigbear did so, I put on 'yesterday's (the yellow arrow) anyhow, here on h4 the yellow arrow being the low in question.

Bonds are tech friendly was the message, so in a minute we will go right side.
 

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Peterma

Well-Known Member
And here is what has happened since.

The green line is a current trade entry, didn't take much genius thinking, there is also an obvious entry om Feb 4th below it.

TA? who would be without it :)
 

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Golden Bull

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Peterma said:
And here is what has happened since.

The green line is a current trade entry, didn't take much genius thinking, there is also an obvious entry om Feb 4th below it.

TA? who would be without it :)
As they say, dont take action without reason.

Cheers,
Piper
 

Peterma

Well-Known Member
Peterma said:
Bonds have always been like that, even back in the day when all we had were little bars with notches on them, before Nison.
Same old, same old, Asian markets have the jitters, so what do the bond traders do?

They do what they know best, just reach down and buy - TA? - who'd be without it. Said that one before as well :)

Anyways, enough of yakking methinks.
 

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