Shorting the Bonds With Confirmed Downtrend
In tonight’s video, we cover a short that setup in the 30-yr bonds after we had our Volatility Box chart bubbles confirm that we were “likely trending down.”
That gave us our bias, that we were looking for shorts only in the bonds, especially with the Aggressive Volatility Box.
Our entry came as price slammed into our Volatility Box entry line, giving us a signal to go short. We risked 12 bond ticks to make 12 and 15 bond ticks respectively ($843.75 in total) in a near-stress free trade.
We also had an opportunity to short VIAB, for our stock traders and we noticed how our Volatility Box captured price action to near perfection.