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MARS

MARS

I begun my professional career in the mid 80's as a bond trader in Banque INDOSUEZ, a major French bank of that time. After working for about 20 years in the marine field, I am back to my first addiction, the Bond market, as an independent trader.

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FGBL & Friends by MARS

FGBL, BOBL and SCHATZ future markets analysis.
MARS MARS
Articles : 84
Depuis : 21/12/2013
Categorie : Économie, Finance & Droit

Articles à découvrir

MUCH VOLATILITY AND UP AT THE END

MUCH VOLATILITY AND UP AT THE END

Market opened with a downard gap and dropped, looking for a support, which was found at Thursday's LoD. On 144.91, which was to be LoD, reactive Buyers entered into the market and the opening downard gap was filled. Market was then trendless in a rather wider range and ended where it closed on Thursday. At 145.38, POC is 15 ticks above Thursday's P
UPWARD DAY BUT A SHOOTING STAR IS THE RESULT

UPWARD DAY BUT A SHOOTING STAR IS THE RESULT

Result is a shooting star, separated from the previous candle by a gap.Prices are ending below the horizontal resistance. Tenkan Sen is crossing over Kijun Sen. All ICHIMOKU indicators are bullish in this TU. I drafted a symetric triangle, the upward exit being made with the gap (yellow arrow). If tomorrow, the gap is not filled and prices do end
REVERSE AND UPWARD AGAIN

REVERSE AND UPWARD AGAIN

Market opened where it closed on Tuesday, shily explored whether the 144.90 support was solid and met reactive Buyers at 144.92, which was to be LoD. Prices then rose regularly until the end of the day session. During the night session, upon FOMC minutes release and Janet speach, 145.68 was paid and market ended 4 ticks lower. At 145.43, POC is 33
UPWARD DAY AFTER MUCH HESITATION

UPWARD DAY AFTER MUCH HESITATION

Market opened where it closed Wednesday and was trendless all moring in a 144.90 - 145.17 range. In the afternoon, the trendless market continued but in the 145.10-145.37 range. During the night session, Iraq related events made the Bond market to rise dramatically and so did the Bund which rose almost 40 ticks in one hour but in a very scarce volu
DOWN DAY AND EVENING STAR

DOWN DAY AND EVENING STAR

Market opened where it closed on Monday, shily explored whether higher prices would attract Buyers and met instead some Sellers at 145.71 which was to becom HoD. From there, prices regularly decreased and LoD (145.02) was reached shortly prior to the end of the day session. I am expecting the night session to close some 10 ticks higher than LoD. At
ANOTHER DOWN DAY

ANOTHER DOWN DAY

Market opened with a small upward gap, making its HoD, filled the gap and then gently decreased to reach LoD just before the end of the day session. Market ended at LoD. At 145.34, POC is some 30 ticks lower than Monday. There is a selling tail from 145.45 to 145.56. Monday's POC is virgin. Sellers are in control of the market.   Result is a red l
REACTION ON 144.60

REACTION ON 144.60

Market opened roughhy where it closed on Tuesday and continue its downard move until it reached 144.58, which was to be LoD, where reactive Buyers entered into the market. Prices first rose to reach the opening level and as there was some followthrough, I believe that some short covering begun and prices rocketed to 145.50, which is almost MA 44 le
THURSDAY UPWARD GAP FILLED

THURSDAY UPWARD GAP FILLED

Result is a hammer which follows a shooting star. Actual gap is filled and prices ended below the horizontal resistance. Tenka Sen is above prices, all other ICHIMOKU indicators are in a bullish mode in this TU. Friday's move can be seen as a throwback on the resistance oblique of the symetric triangle which exit was made with the actual upward gap
A CONSOLIDATION DAY WITH ALMOST NO VOLUME

A CONSOLIDATION DAY WITH ALMOST NO VOLUME

Market opened with a downard gap, filled it, making its HoD (145.76). At such level reactive Sellers entered into the market and prices gently decreased to 145.33, which was to be LoD. Night session ended some 10 ticks higher. At 145.65, POC is 6 ticks higher than Friday and there is no HVN.   Result is an harami. Associated volume is very small.
TOP OF THE RANGE AND REVERSE ?

TOP OF THE RANGE AND REVERSE ?

Market opened where it closed on Friday and traded all day in a tiny range to end broadly where it opened. At 145.68, POC is 25 ticks above Friday's POC. Volume is very small.   Result is a neat doji. A red candle tomorrow would form an evening star. As previously said, in a trendless market, ICHIMOKU is not a relevant tool. Prices are in contact