Thanks sisse!
If you still have some patience left, I would like to ask you two more questions.
1) What is ZN in futures market? I remember cloggie telling to watch 10 yr Note but didn't know what ZN was and if treasuries in EU like the Euro Bund or US 2 yr note was important as well. It appears you are saying these are all important across the board as EVERYONE is affected at these lower interest rates. However, I am sure there are a few key ones and possibly the ZN is a symbol as ES is for S&P Futures.
2) How do you get 297X? I understand we have the monthly high and low in and possibly the Weekly unless something happens; but how do you know the 297x will be the key close area? You seemed to know before the NY session started if I recall? It appears if I go with the e-closing at 11:45 (Eastern US time) on a 5 min candle, it closed around 2972. Is this how you figure the London close? But, I am still baffled how the 297X was an area to consider. I was looking at 2908 or 2947 area.
Thanks
If you still have some patience left, I would like to ask you two more questions.
1) What is ZN in futures market? I remember cloggie telling to watch 10 yr Note but didn't know what ZN was and if treasuries in EU like the Euro Bund or US 2 yr note was important as well. It appears you are saying these are all important across the board as EVERYONE is affected at these lower interest rates. However, I am sure there are a few key ones and possibly the ZN is a symbol as ES is for S&P Futures.
2) How do you get 297X? I understand we have the monthly high and low in and possibly the Weekly unless something happens; but how do you know the 297x will be the key close area? You seemed to know before the NY session started if I recall? It appears if I go with the e-closing at 11:45 (Eastern US time) on a 5 min candle, it closed around 2972. Is this how you figure the London close? But, I am still baffled how the 297X was an area to consider. I was looking at 2908 or 2947 area.
Thanks