Bund M7 2007/03/23

eSignal displayed a suspicious spike today for the Bund M7 contract.

Can someone - preferably with a different data feed - confirm this spike or confirm my suspicion that it is a bad tick?

The time is CET = GMT + 1.

Many Thanks
 

Attachments

Bernd,

Couldn’t see what you described for today but there was something strange on 21 March at 18:15 GMT (or was it European time?). The Attached Word.doc file with 5-minute bar charts illustrates this (you may have to scroll up).

18:15. June DAX 5-minute high-low range at 12 points
18:20. Range 53 points.

18:15. June Euro Stoxx DAX 5-minute high-low range at 9 points
18:20. Range at 30 points.

18:15. June Bund 5-minute high-low range at 0.22 points (116.12 – 115.90)
18:20. Range at 0.40 points (116.33 – 115.93).

My news service is terrible so I couldn’t find any information.

Any idea?


Grant.
 

Attachments

Quote from Grant:
...
Any idea?
Grant.
Yes. These data are correct.

On March 21, 18:15 GMT the FED announced their interest rate decision. And the markets displayed their usual behavior for "FED Days".

Please search this board for "FED days" and you will find more information.

And if you daytrade, by all means, consult an economic calendar - again, search this board or the web to find one - to have the times of release of economic reports at hand.

Have a nice weekend

Bernd Kuerbs
 
Bernd and Ynox1,

Thank you for the replies. Knowledge of economic releases is vital and I have no excuse for ignorance here.

For day-trading, I believe it best to avoid positions in the minutes prior and after release to avoid the volatility and uncertainty.

Here is another source for an economic calendar:

http://www.todayfx.com/calendar.html?gclid=CMyVhJav3ogCFVBmMAodVlm1jA

Bernd, I think I recognise your name from a quants forum.

Good trading, gentleman.

Grant.
 
Quote from Grant:
....
Bernd, I think I recognise your name from a quants forum.
..
Sure? Which one? I'm not - and have never been - a Quant.

Regards

Bernd Kuerbs
 
Good Morning BKuerbs, CQG shows no spike at that specific time. Must've been a feed mistake by Esignal.
Have a good day!
 
Quote from ynox1:
Good Morning BKuerbs, CQG shows no spike at that specific time. Must've been a feed mistake by Esignal.
Have a good day!
Good morning as well.

Many Thanks for your help. I reported this spike as bad tick to eSignal, but they have yet to correct it.

Have a nice day

Bernd Kuerbs
 
Back
Top