Chinook's EUR/USD (E/$)Mumblings

Quote from chinook:

I ended up meeting a hedge fund manager this weekend by pure coincidence at my club! I'll meet with him and his staff later this week. I'm not going in for an "official" interview but he wanted to see my resume and meet with his team. Something interesting might come out of this.
More...

Was it ... Neal? :D
 
hi guys - i have been reading your thread last couple of days, great thread, sounds like you are doing good work trading - i have a question re. your referring to "volume" - i presume you mean t&s / dom on the globex futures - now i thought most of the volume there is computer-driven arbing off the spot market - and the "real", i.e. big volume is in the inter-bank market - i just wanted to understand how you use this... thx in advance and if your thread has discussed this issue before, would you pls refer me to the page, i have not had a chance to loop thru 400 pages in your thread.
 
Quote from fader:

hi guys - i have been reading your thread last couple of days, great thread, sounds like you are doing good work trading - i have a question re. your referring to "volume" - i presume you mean t&s / dom on the globex futures - now i thought most of the volume there is computer-driven arbing off the spot market - and the "real", i.e. big volume is in the inter-bank market - i just wanted to understand how you use this... thx in advance and if your thread has discussed this issue before, would you pls refer me to the page, i have not had a chance to loop thru 400 pages in your thread.
More...

Yes, indeed the futures volume is very small compared to the Interbank volume. But still I find it useful in determining the strength of a pullback or pullup. I don't use the T&S that much but I chart the volume using my own indicators.
 
hi chinook - thx for the answer - i suppose one could say the same about the bund, i.e. most of the volume is interbank but the bund future is so liquid that i'd think the volume in it would reflect the bias of the active participants rather than computer arbing off the underlying market.. thx again for the insight, regards.
 
I personally found the T&S on EuroFX to a lot more useful a few weeks back when compared to now.
Now the market seems a lot thinner and there are more flashing and wider spreads at slow times during the night.
Presumably this will go back to normal in january or around there.

I would love to have an EBS spot platform - seeing the liquidity of the counterparts and what banks they were trading through etc. :)
 
what I find interesting is the Suisse

is a little weak compared to the Euro

tonight ... yet I saw a HUGE MONSTER
order on the globex book

in the .8735 area dec futures ...

wonder what happens if we get there

if that order is pulled ?

:p
 
You must log in or register to reply here.
Back
Top