Volatility Box – December 10, 2019

Long Setup in 30-YR Bonds (ZB Futures)

In tonight’s video, we discuss the long setup in the 30-YR Bonds (/ZB) which gave us an opportunity to catch a nice reversal.

For our first contract, we risked 8 ticks to try and make the same 8 ticks, giving us a 1:1 risk reward ratio.

After hitting our first target, we moved our stops up to break-even to see how high was high for our remaining contracts.

We also look at two stocks – BLUE and AXSM. BLUE gave us a heads up of a potential trending play for tomorrow, while AXSM gave us a beautiful fade trade, good for +1.5% from our entry.

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Resources:

• Click here to download the Multiple Time Frame DMI Indicator (FREE)
• Click here to download the DMI Power Move Scans (FREE)