The Bund Bobl Schatz Thread

Well sorry guys I kind of lied instead of legging when the future started moving away from me I scalped the the june contract long from 104.800 to 104.830.

I am now waiting for a move on the march above 104.500 to get long or I will try to buy a call near the low of the day.

A move above 104.500 could be a "wrong way first" typical GBL/GBM/GBS move.
 
Quote from youngtrader:

Getting chopped the fuck up today in everything. Made some nice money on the flag pattern we had going in both the bund and bobl. Other than that lots of spoofing was going on earlier but its died down a little.

Some size came back in bidding at around .40 though. I think that gets taken out pretty soon.

Im done for the day......just couldn't seem to get anything going.

Dogfish good to see you on this thread man! Would love to hear your thoughts on the market.

Good Trading Guys
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Well funny how a bad day can turn into a great one!!!

Getting some major snow and ice here in Iowa so they called school out early and I raced home to try to see what the markets were up to.

Ended up having one of the best days I have ever had today after getting my head handed to me earlier this morning!!!

We are getting rejected pretty hard at 104.50 and I look for us to trade lower tomorrow probably setting 104.37 as a target.

Talk to all of you tomorrow
 
By the way I know this is kind of off topic but have any of you ever had experience trading either the sterling or the gilt on liffe? How do you like it? Advantages/Disadvatages?

I think they come across as interesting markets and gilt is a 20 deep book (not sure about sterling)! Plenty of range too in gilt.

I don't even know what the hell they are though to be honest. Some sort of interest rate probably but idk.

Thanks Guys
 
Well one night I was talking about long gilts with a banker friend of mine and an old farmer overheard and informed me that a gilt is a bred young female pig, basically the swine equivalent to a bred hiefer.

There could be some advantages to trading less crowded debt market like gilt or Canadian bonds. I find I like the fills I get trading currency futures like GBP with a thin order book I get good fills. Often I am able to buy on the bid and sell on the ask. Unlike the schatz where I feel that I have to really let a trend playout, without scalping along the way.
 
Quote from zf trader:

Well one night I was talking about long gilts with a banker friend of mine and an old farmer overheard and informed me that a gilt is a bred young female pig, basically the swine equivalent to a bred hiefer.

There could be some advantages to trading less crowded debt market like gilt or Canadian bonds. I find I like the fills I get trading currency futures like GBP with a thin order book I get good fills. Often I am able to buy on the bid and sell on the ask. Unlike the schatz where I feel that I have to really let a trend playout, without scalping along the way.
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What did you think I was talking about the futures contract? I am planning on trading bred female hogs. I hear there is a great market for em. LOL

Thanks for the advice. I just think it looks appealing because of the 20 deep book and the nice tick size along with the nice range.

Hope all of you got on at .37 or better as we are trading a nice bit higher than that currently.

God these early morning hours are terrible for the spoofing. Hard to tell whats good and whats not when shit is spoofing all over. It tends to slow down a lot once the US markets open though......I don't know why that would be?

Anyway heads up on the schatz guys. Triangle pattern forming on the 15 min chart and I have this feeling the breakout is gonna be to the downside.

Good Trading Everyone
 
YT I am right to peg you as a bit of a farm boy too? I am from a dairy farm myself and I like to put my soft hands to work occasionally.

Well on the schatz I am looking for a new low this week still. I have sold my long call leaving me with just a long put. I am under water overall but trading the underlying and calls has paid for about 40% of the premium in my long put so I am in good shape.
 
well i have changed my mind again I have bought back that call I sold earlier, at a price .04 lower. I just doesn't look like we are going to get a down move today. I am looking to scalp the call for .02 before 1pm, but i don't think it will happen.
 
Well I just sold my long call, getting just above water overall on my strangle. hopefully we can retest the lows before 1pm today around .37
 
Well what a prick of a thing, looks like the trend might have changed. I might try to put on a fresh straddle at the open tomorrow, especially if we close over 104.64
 
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