I have been using cme globex for several years . just starting with CBOT emini bonds and i would like to enter orders around 8:20 ( when the pit opens).. I want to use stops and limits for my exits but the volatility around the 8:30 economic reports has me a little concerned. How is the execution of stops at news time (8:30)??? GOOD? BAD? MIXED?? THANKS
Using Stops On A/c/e For Bonds
- Thread starter larrybf
- Start date
better to wait until after the reports come out
at 830 , 915 , 10 am etc sometimes even 1 pm
to place orders and stops ... else you can get hurt
in my opinion
good luck
perhaps the 5 yr note is better to try as the tick value is 1/2 the 30 yr and the daily range is less than the 10 yr ?
at 830 , 915 , 10 am etc sometimes even 1 pm
to place orders and stops ... else you can get hurt
in my opinion
good luck
perhaps the 5 yr note is better to try as the tick value is 1/2 the 30 yr and the daily range is less than the 10 yr ?
whatever the stop type (native or not) around report times liquidity is so thin that you will suffer huge slippage (and nice profits, depending..hehe).
Don't have a position around report times unless :
- you want to try to profit from the extra volatility
- or you hold for long enough that noise won't shake you out.
imo
Don't have a position around report times unless :
- you want to try to profit from the extra volatility
- or you hold for long enough that noise won't shake you out.
imo
GUYS... thanks for all the very helpful replies.... most importantly i realize i better learn more about the bonds before committing any serious $$$$$. BONE............ YOU SEEM VERY KNOWLEDGEWISE ABOUT BONDS... when i look for info it seems like everywhere and everyone only wants to discuss emini SP and NQ... ANY ADVICE WHERE TO LOOK FOR GOOD INFO TRADING BONDS???????