Trades: Opening Alpha Trades

FOMC set up

Capital Flows

Mar 19, 2024

Please see the alpha report framing this week:

Trades: Alpha Report and Week Ahead

Capital Flows

Mar 17

There continues to be a prevailing bias among market participants to focus too closely on the words of the Fed and not understand the macro mechanics of the system. There is no alpha in knowing Fed Speak incredibly well because it’s already priced in!

Read full story

Trades:

I expect significant algo whips during FOMC tomorrow. Am establishing these initial positions and will be planning to add aggressively to them if any algo spikes marginally go against them tomorrow.

Long ZT at 102’05’7

Long ZN at 110’04’5

Long GC at 2160

Long EURUSD at 1.0863

Long GBPUSD at 1.2722

Long AUDUSD at 0.6529

Short USDMXN at 16.828

Long IGV at 84.95

Long BTCUSD at 64,600

AGAIN! I want to establish an initial position moving into FOMC because of how the market is positioned into the event. The actual event is a coinflip but positioning in bonds isn’t. Bonds have sold off for consecutive days into the event. These trades are correlated so size accordingly.

I will likely be adding as we move into tomorrow and Thursday.

I will let you know if there are any changes.