Entries by Peter Brandt

Treasury Bonds (T-Bonds) are Constructive

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The dominant chart construction in Treasury Bonds (T-Bonds) is the 10-month symmetrical triangle completed on the weekly continuation graph in late Jan. The Sep T-Bonds futures contract has decisively completed a 4-month inverted H&S pattern on the daily graph. The advance this past week also completed the 4-month congestion zone on the daily continuation graph (not shown). Factor (see premium service here) is long the Sep contract. Stops have been advanced to just below Wednesday’s low.

Coffee Futures are Brewing

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Coffee Futures are brewing again. Historically, the Coffee market has been a yo-yo — major Coffee bull markets followed by major bear markets, as shown by the quarterly graph. The market has been trading in an area of historical support.

Simple Trade Management

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I have absolutely no control if the next trade or series of trades will be profits or losses. However, with a proper Trade Management process, I know that I only have control over:

The patterns I identify as trading opportunities – do they meet a certain standard?
The orders I enter – is my order entry processes consistent with conducting trading as an organized business enterprise?
Leverage and sizing – (Risk Management) am I risking too much, but also, am I risking enough to make a trade matter if I am right?
Ongoing Trade Management – am I taking the right balance between protecting capital and allowing a trade to fully develop?