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Stay Long The 10 Year Note


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10 Year Note---The 10 year note in the September contract is currently trading higher by 8 ticks at 127 /01 continuing its bullish momentum as there are still major concerns of an economic slowdown which I really don't understand as the U.S economy is firing on all cylinders, but the trend is your friend and that's why I've been bullish.

I have been recommending 2 bullish positions with an average price originally in the June contract at 124 / 25 and if you took that trade the stop loss now stands at 126/02 and in Friday's trade that will be raised possibly to 126 /15 as the chart structure is outstanding as we have gone sideways over the last 7 trading sessions improving the chart structure.

The 10-year note is trading above its 20 & 100 moving average as this trend is strong and I still think higher prices ahead so continue to play this to the upside while placing the proper stop loss as the chart structure will become outstanding therefor the monetary risk will be lowered.

The Federal Reserve most likely is going to lower interest rates in the coming months ahead as many foreign currencies have negative interest rates as the 10-year note is still trading at 2.12% as that looks very impressive compared to other investment opportunities.

TREND: ----HIGHER

CHART STRUCTURE: EXCELLENT

VOLATILITY: AVERAGE

If you are looking to contact Michael Seery (CTACOMMODITY TRADING ADVISOR) at 1-630-408-3325 I will be more than happy to help you with your trading or visit www.seeryfutures.com

Skype Address: 5da1f85979b7117b

TWITTER---@seeryfutures

FREE TRIAL FOR THE LIMIT UP COMMODITY NEWSLETTER

Email: mseery@seeryfutures.com

If youre looking to open a Trading Account click on this link www.admis.com

There is a substantial risk of loss in futures and futures options. Furthermore, Seery Futures is not responsible for the accuracy of the information contained on linked sites. Trading futures and options is Not appropriate for every investor.



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About the author


Michael is the sole owner of SEERYFUTURES.COM which is a commodity futures and options consulting, advisory, and educational firm.

Michael frequently appears on multiple business networks including Bloomberg News, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He also writes market commentary for several commodity websites and is interviewed for commodity comments by the Wall Street Journal. He is also a guest on First Business, which is a national and internationally syndicated business show.
 
Michael started his career in 1990 at the Chicago Board of Trade as a runner. He soon worked his way up to becoming a Series 3 broker. He works with seasoned traders as well as novice beginners educating them on trading the futures markets as well as using simple and complex option strategies. Michael covers all markets including grains, metals, energies, and all other futures markets that are traded.
 
To Michael the biggest lesson any trader needs to learn is risk management. Michael believes this is the most important factor in trading. He also works with traders to help them determine the proper risk for their trading style. Michael has spent a lot of time educating his clients to help them understand trading strategies and trading techniques while enjoying spending quality time with customers going over the markets or just talking general trading philosophies.

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