BUND >> looking for a simple intraday system

A simple intraday system to get a few points .. like 4-5
or some tips to daytrade the bund.
Something simple, starting with 1-2 lots.
Do you follow any MA? EMA? i would like to catch breakouts, but it s hard !
Any tips or ideas ? :confused:
thanks.
:D
 
Quote from forbiddendream:

A simple intraday system to get a few points .. like 4-5
or some tips to daytrade the bund.
Something simple, starting with 1-2 lots.
Do you follow any MA? EMA? i would like to catch breakouts, but it s hard !
Any tips or ideas ? :confused:
thanks.
:D
Well, here's one thing you could try with 2-lots: Each month on the first Friday following the first Thursday at 14:29 German time, go long at market if the preceding day was up or go short at market if the preceding day was down.

There's usually a breakout at 14:30. With any luck you'll be able to capture 50 ticks. With a 2-lot that's 100 ticks, which averages out to 4 and a bit ticks per day each month. Voila!

Note: This system may need a little work in the stop-loss department. :D
 
Quote from forbiddendream:

A simple intraday system to get a few points .. like 4-5
or some tips to daytrade the bund.
Something simple, starting with 1-2 lots.
Do you follow any MA? EMA? i would like to catch breakouts, but it s hard !
Any tips or ideas ? :confused:
thanks.
:D


You are best to not even ask any questions here because you will 95% of the time get a useless answer by someone who has never even heard of a Bund, Bobl, or any other German debt instrument for that matter.
 
Quote from cmk:

You are best to not even ask any questions here because you will 95% of the time get a useless answer by someone who has never even heard of a Bund, Bobl, or any other German debt instrument for that matter.
Are Bunds and Bobls german debt instruments??? :p
 
Quote from FGBS:

Are Bunds and Bobls german debt instruments??? :p

no theyre christmas tree decorations.

schatz is a funny kind of meat/sausage i think that is eaten on german birthdays.
 
Quote from forbiddendream:

A simple intraday system to get a few points .. like 4-5
or some tips to daytrade the bund.
Something simple, starting with 1-2 lots.
Do you follow any MA? EMA? i would like to catch breakouts, but it s hard !
Any tips or ideas ? :confused:
thanks.
:D

Enough talk of food already, your making me hungry,

Seriously though If I was starting of trading I would trade the Schatz (German 2 year debt) futures using option to limit risk. The schatz is a lot less volatile than the bund giving you more chances to do learning trades and still have capital to trade with when your good.
I also think that schatz options a underpriced right now. I am looking at long straddle. Any thoughts?
 
I personally think that if you are a new trader and want to trade the bund, you're a fcuking nutter, but then again, if t\you want to learn as much as you possibly can about all the REAL aspects of an intra-day market (spoofing, flipping, false breakouts, moves off news, being about 2000th in a queue then suddenly getting filled within the foirst 500 lot and getting your ring piece fingered etc.) then it is a good idea. I definitely think it was of long term benefit to me to start on the bund but for anyone starting out without much background, I hope you have plenty of patience/money to learn with....
 
I second Let it run's statement. Couldn't have said it better, except maybe I would have used the term "fisting" quite a bit more. But if you must find out, trade for as short of a time frame as poss; the less exposure to the 'high jinks', the better IMHO. Success, CB
 
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