Maybe you should take a look at trading bond futures ( ZB)?

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Dear Traders,

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My colleague, John Thorpe, just shared a good post discussing interest rates futures, how it affects your mortgage and more. You can read the full post here.

Reading the post reminded me how much I personally like both the 30 yr bonds and 10 yr bonds for shorter term and medium term trading.

If you are a day-trader, read below and start following the bonds or 10 years and let us know if we can assist you in any way!

The ZB or the 30 year offers a different type of personality than the mini SP and other indices. It is more sensitive to certain economic reports and trades differently than other markets, just a total different personality.

The tick size on the ZB is 1/32 or $31.50 per one point/ tick.

I included some contract specs on the T Bonds futures below as well as an intra-day chart for your review.

The 10 yr notes or the ZN are very similar to the 30 yr except it does trade in half points, so minimum fluctuation is $15.625 and the 10 years will have smaller moves than the 30 yr although 99% in the same direction ( opens the door for spread trading on a daytrading basis).

If you like to have access to the trading signals like shown in the chart below, click on the get started now.

30 yr Treasury Bond Futures Specs

Hours: 05:00 PM previous day to 4:00 PM Central Time

Margins: $2530 initial, $2300 Maint. ( as of the date of this newsletter)

Point Value: full point = $1000 ( Example: 144.16 to 145.16 ). Min fluctuation is 0.01 = $31.25 ( Example: 144.16-144.17) Settlement: Physical Delivery

Months: Quarterly (March,June,Sep,Dec)

Weekly Options:YES

Some of the basic fundamentals to keep in mind when you are considering trading the U.S. 30yr Treasury Bonds for this matter:

1. Interest Rates.

2. FOMC Rate decisions and Language

3. Focus in macroeconomics

4. Bond Prices have an inverse relationship to Interest rates

5. Correlation to US Dollar prices

6. Inflationary prospects

7. Geopolitical Stability

8. U.S. Fiscal and Monetary Stability

Our brokers here at Cannon will be happy to chat about the Bond market, other interest rate products, other futures, options, futures spreads and much more! Feel free to contact us at any time.

Feel free to click on the chart below to view on larger scale.

Good Trading

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Futures Trading Levels

07-18-2019

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Economic Reports, source:

bettertrader.co

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

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Maybe you should take a look at trading bond futures ( ZB)?

Maybe you should take a look at trading bond futures ( ZB)?

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