I have been Trend Trading the Bund and OAT (French gov bond) for years now.
But I am waiting and watching to short it.
On the way up its been a trend following trade.
But I am considering a position trade on the way back down.
The difference being in getting in before the trend takes hold. This is out of character for me.
Maybe a little foot in the door (with a sensible stop of course) before the real drop possibly next year.
Here is a couple of links if anyone is interested. The first is a video of Gross's public take on it.
http://www.bloomberg.com/news/artic...e-black-hole-defy-gross-s-short-of-a-lifetime
And the second link is the interpretation.
http://www.bloombergview.com/articles/2015-05-07/bill-gross-wasn-t-short-enough-german-bonds
Very interesting. Food for thought.
Interested to hear your views.
But I am waiting and watching to short it.
On the way up its been a trend following trade.
But I am considering a position trade on the way back down.
The difference being in getting in before the trend takes hold. This is out of character for me.
Maybe a little foot in the door (with a sensible stop of course) before the real drop possibly next year.
Here is a couple of links if anyone is interested. The first is a video of Gross's public take on it.
http://www.bloomberg.com/news/artic...e-black-hole-defy-gross-s-short-of-a-lifetime
And the second link is the interpretation.
http://www.bloombergview.com/articles/2015-05-07/bill-gross-wasn-t-short-enough-german-bonds
Very interesting. Food for thought.
Interested to hear your views.
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