FredBloggs
Guest
thats a great post - thanks a lot.
i agree - context is everything. what you say makes a lot of sense.
i agree - context is everything. what you say makes a lot of sense.
Any one trade bund outright?
- Thread starter Learner
- Start date
Dogfish,
Thanks for your post, very interesting...
The patterns you describe are exactly those which have been killing me for the past 6 months. These flippers get into action generally in the morning in a slightly trending market with below average volume.
When not caught by them, I tried to take advantage of the set up. It revealed extremely difficult (at least for me!) as :
*The pulling out of the bids are so fast it is almost impossible to jump on it
* They are not always executed as you mentionned
* It is hard to fade the trade, as the impact of the orders pulling out is difficult to predict (3ticks? 6 ticks?) I am often stopped out
* Sometimes I am amazed to see an obvious "fake bid" being slowly hit without pulling out...
Tx for the tip on the "Lucky fill" that's smart. I didn't think about the fact changing the size by one lot would shove me in the queue.
Here is my Q : How to take advantage of those trades? (apart of staying away
)
Thanks for your post, very interesting...
The patterns you describe are exactly those which have been killing me for the past 6 months. These flippers get into action generally in the morning in a slightly trending market with below average volume.
When not caught by them, I tried to take advantage of the set up. It revealed extremely difficult (at least for me!) as :
*The pulling out of the bids are so fast it is almost impossible to jump on it
* They are not always executed as you mentionned
* It is hard to fade the trade, as the impact of the orders pulling out is difficult to predict (3ticks? 6 ticks?) I am often stopped out
* Sometimes I am amazed to see an obvious "fake bid" being slowly hit without pulling out...
Tx for the tip on the "Lucky fill" that's smart. I didn't think about the fact changing the size by one lot would shove me in the queue.
Here is my Q : How to take advantage of those trades? (apart of staying away
)I traded the bund at a prop firm for a couple of years, 11 hours a day (or night since I was in Chicago)
I think its a good market - found that it was a good trade technically - fibs and keltner bands were our favorite indicators....
Tried using the same indicators in the 10 year notes and they did not work near as well....
__________________
Dan
www.TradersLog.com
I think its a good market - found that it was a good trade technically - fibs and keltner bands were our favorite indicators....
Tried using the same indicators in the 10 year notes and they did not work near as well....
__________________
Dan
www.TradersLog.com
what are the hours that the bund trades central time u.s. ?
and how much is it a tick ?
thank you
Have a look at the product specification.
Trading hours are from 8:00 CET to 22:00 CET, that is 2:00 EST to 16:00 EST.
Watch out for the last week in March, when Europe switches to DST, but the USA one week later.
You have the know the Eurex Trading Calendar but of more importance is to keep track of the various economic reports.
Daily FX supplies this information but you should monitor a more European centered calendar too, because the US ones tend to forget some reports which may influence the Bund.
Regards
Bernd Kuerbs