Trading the Bonds using Support and Resistance Lines
Introducing Bond trading using Support and Resistance Lines
A Whole New Way to Look at Trading The Bonds.
Are you interested in trading the bonds markets? Here's a definition from Wikipedia: "The bond market (also known as the debt, credit, or fixed income market) is a financial market where participants buy and sell debt securities, usually in the form of bonds."
The first thing you need to know is that there is no central exchange for trading the bonds. This sounds weird, I know, but bear with me, it's not so bad once you get a handle on the mechanics of bonds trading. Notwithstanding the above, you will still need to have a brokerage account in order to trade this instrument. If you've never traded bonds before you might want to think about using a full service broker, at least to begin with.
At the time of writing, the size of the worldwide bond market is an estimated $82.2 trillion, so as you can see this is a sizeable market with great liquidity with an averarge daily trading volume of $822 billion in the U.S. bond market alone!
Using Support and Resistance is almost like knowing in advance what the market is most likely to do next!
Support and Resistance Lines (SnR Lines) will give you:
- A whole new way to look at charts
- More opportunities to trade
- More precise times for entering and exiting markets
- Low Risk/High Reward trade opportunities