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T-Bond Traders Guess Right as Fed Hints at More Quantitative Easing

Discussion in 'Forex Daily News & Outlook' started by futuretrends24, Sep 21, 2010.

  1. futuretrends24

    futuretrends24 New Member

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    Today’s sample of Futures Analysis from FuturesHound.com

    December Treasury Bonds were trading firmer on Tuesday even before the FOMC hinted that the Fed was gearing up for another round of quantitative easing.

    Early in the trading session T-Bonds pierced a downtrending Gann angle at 131’27, indicating a sign of strength and the potential for a retracement back to 132’12 to 133’04.

    After the Fed hinted that it is strongly considering additional quantitative easing, T-Bond traders took the market sharply higher before finally reaching its first retracement zone objective.

    Read full article at ForexHound.com as well more Forex Trading articles including Forex Technical Analysis and Forex Education

    Disclaimer: Trading foreign exchange on the margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore should not invest money that you cannot afford to lose
     
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