Search results

TradeEStar Thanks for the advice but could you explain more about what you mean? What is the acv ratio and where can I find it? If I remember right you trade fixed income.....maybe eurex products? I myself just started trading the bund, bobl and schatz but most of my trading is in the...

Yeah really small range in the 10yr today. I was suprised to see that we held up so well with the s&p up 20 today. Regardless I think we are headed lower tomorrow though. YT

These are just some things that I have found to be true when trading orderflow but im sure this is just the tip of the iceberg! Anybody else have any suggestions, comments, things to add to this thread? Thanks YT

The next area is to find out where is the paper giving up most of its edge? In other words which is being hit more the bid or the offer and how aggressive are those market orders? This is telling us people are not willing to wait around and hope to get filled on the bid/offer and instead...

The next thing is how big is the order? This has been brought up before but it imo holds true. The market tends to always trade towards size. That means if there is an order on the book that sticks out like a sore thumb more often than not the market will try to move to that order. One...

Like I said locals are in it for the short term so say the market is rallying hard and paper is just buying as much as they can. Locals meanwhile are selling into the rally and continuing to sit on offers. Now say we are running up to an area on the book that has massive offers and it also is...

Now anything I say that you think is wrong or needs adjusting please feel free to share. Like I said I am a newbie when it comes to this type of trading and am just sharing some of my thoughts about orderflow. From what I understand there are 2 main types of orders. Orders from locals and...

I know there have been threads about trading off of the orderbook and reading orderflow before but it seemed like they never really got in depth. I realize most of you think that with all the black boxes/quant systems, etc in our markets today reading the orderbook is a joke. Well I am not an...

rubibond007 Thanks for the compliments and I hope you are enjoying the thread! Do you take any particular interest in the treasury markets? 10yr settled at 117 so I have basically no profit in the damn thing YET. However today's trade brings me plenty of confidence going into tomorrow...

Agree 100% Ever since the markets started going electronic it seems they are now more rigged/manipulated against the small player than ever before. Especially with fixed income imho. I don't want to even imagine how much worse it is going to get in the future. YT

So basically just another way to screw the small guy. Fucking exchanges.......next thing you know they will make the treasury futures pro rata! Im anxious to hear how everybody is getting along with the 5 deep orderbooks now? I trade eurex which is 10 deep so im just wondering if many...

Im not sure I understand completely what you are talking about. Could you further explain what this is all about? This has been the first night I have watched US treasuries on a 5 deep orderbook and I don't like it at all. There isn't enough information when the orderbook is 5 deep imo but...

I think we will see the market sell off no matter what when the fed announces but I think most if not all of those losses will be made up by the end of the week. So basically I think we are in for a wild ride this week but should close higher at the end of the week. We are due for a rally back...

BKuerbs Thanks for the info. If I remember correctly your a veteran eurex trader yourself....right? Could you please shed some light on this discussion? Also I would love to hear some thoughts from THE BEAKER and Spreader. YT

rosy2 Bund, Bobl, Schatz are the markets I speak of. Actually if I remember right eurex's volume actually declined this past year (or quarter I cant remember lol). I honestly believe this is because of automated trading squeezing out the locals. Locals imo are any traders that are in a...

In a coffee can out in your back yard, you will thank me later :)

Actually I can make money just fine in about any type of situation but im looking out for fellow traders. The main reason I am bringing this up is because the exchanges need to wake up and realize that these black boxes do nothing but hurt the markets and fuck the locals. Think about it...

I go into every trade knowing without a doubt its going to be a winner. Even if it doesn't turn out to be one I have certain levels that I will exit the trade automatically and move on. So even if it doesn't work out it sure takes a lot of pressure off you and makes it easier to sleep at night...

You dont think both the stock market and bonds have at least a 25 bps cut priced in already?

Thanks for replying Actually I am more interested in how locals make money in the almost 100% pit traded options. Such as the treasuries. eurodollars and agricultural options pits. Do they actually day trade the options or do they get themselves a good position and hold it for a while...