Bund Future 16/11 - Bonds and Interest Rates Trading | futures io social day trading
futures io futures trading


Bund Future 16/11
Updated: Views / Replies:71,205 / 866
Created: by FGBL07 Attachments:1,341

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you dont need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 1,341  
 
Thread Tools Search this Thread
 

Bund Future 16/11

  #31 (permalink)
Elite Member
Oberhausen, Germany
 
Futures Experience: Advanced
Platform: Sierracharts
Broker/Data: Interactive Brokers/DTN IQFeed
Favorite Futures: Bund Future
 
Posts: 278 since Aug 2011
Thanks: 100 given, 310 received

Bund Future 2012-12-18

Average volume and above average range. Day started like the previous days: open low, pushed up and then drifting down. Till around 17:00 when market broke below the LoD. A nice drop on high volume followed. Today the net "gain" was substantial.

The 5-day volume profile shows that the old PoCs did not change, next level of support is 143.86.

In the daily chart the market is on its way to the lower boundary of the up trend channel.

The 60-minute chart shows that market dropped below the prior support level of 144.19. This break came late in the evening at 20:00 and was encountered by buying. Volume was very high for this time of day.

A continuation of the down move is likely but some of the down candles of long lower wicks.

Attached Thumbnails
Bund Future 16/11-snag-18.12.2012-22.10.09.png   Bund Future 16/11-snag-18.12.2012-22.09.20.png   Bund Future 16/11-snag-18.12.2012-22.12.48.png  
Reply With Quote
The following user says Thank You to FGBL07 for this post:
 
  #32 (permalink)
Elite Member
Oberhausen, Germany
 
Futures Experience: Advanced
Platform: Sierracharts
Broker/Data: Interactive Brokers/DTN IQFeed
Favorite Futures: Bund Future
 
Posts: 278 since Aug 2011
Thanks: 100 given, 310 received

Bund Future 2012-12-19

Slightly above average volume, average range.

Market again repeated its pattern: down after the open, though no gap down, and then being pushed up. A drop below the support level of 146.86 followed - on high volume. That drop was met with buying: Market reversed and moved up almost taking out its HoD.

Market trades now near the lower boundary of its up trend channel. In the daily chart the down move looks a bit steep now.

The 5-day volume profile shows a support level around 143.80. This looks pretty strong. A correction or a sideways move may follow.

Next level is 143.00.

Attached Thumbnails
Bund Future 16/11-snag-19.12.2012-22.11.06.png   Bund Future 16/11-snag-19.12.2012-22.10.16.png   Bund Future 16/11-snag-19.12.2012-22.18.25.png  
Reply With Quote
 
  #33 (permalink)
Elite Member
Valencia/Spain
 
Futures Experience: Intermediate
Platform: Investor/RT
Favorite Futures: FGBL, ES
 
Posts: 8 since Jun 2012
Thanks: 7 given, 13 received


Hi,

Thanks for your journal here, Ive just started trading the Bund after the lack of volatility on the FESX drove me crazy. This product seems to auction quite cleanly, so I am looking forward to applying my VP method here.


I am curious to know how you treat the opening hours - I lean on the initial balance for analysis (not actual trading setups) and I am not sure whether to use the first hour (8:00AM-9:00AM CET), the second (like in FESX/FDAX) or perhaps a combination of the two.

In your experience, what is the best IB to use for the Bunds? My studies indicate that trading is quite robust from 8:00 CET onwards. For index futures, I used to effectively ignore the first hour of trading as volume was so minimal.

Thanks,
Steve

Reply With Quote
 
  #34 (permalink)
Elite Member
Oberhausen, Germany
 
Futures Experience: Advanced
Platform: Sierracharts
Broker/Data: Interactive Brokers/DTN IQFeed
Favorite Futures: Bund Future
 
Posts: 278 since Aug 2011
Thanks: 100 given, 310 received


corbeste View Post
Hi,

Thanks for your journal here,

I would not call it a journal, just trying to analyze/discuss the market.


corbeste View Post
Ive just started trading the Bund after the lack of volatility on the FESX drove me crazy. This product seems to auction quite cleanly, so I am looking forward to applying my VP method here.

If you want real volatility take a look at the DAX future or Crude Oil Futures. Especially the latter one is very popular in this board.

corbeste View Post

I am curious to know how you treat the opening hours - I lean on the initial balance for analysis (not actual trading setups) and I am not sure whether to use the first hour (8:00AM-9:00AM CET), the second (like in FESX/FDAX) or perhaps a combination of the two.

In your experience, what is the best IB to use for the Bunds? My studies indicate that trading is quite robust from 8:00 CET onwards. For index futures, I used to effectively ignore the first hour of trading as volume was so minimal.

Thanks,
Steve

I'm careful about trading in the first hour. You may see nice moves here, but more often the market "waits" for the open of the cash market and stock markets (9:00 CET).

I do not really use the concept of IB, at least not over a fixed time. Sometimes you see the market "build" a position over 2 - 3 hrs and then move in the other direction.

Otherwise the volume in the first hour is ok. Take a look at the screenshot. Average volume in the first hour for the last 5 days is about 8% of total volume. That's ok. The table lists the average volume for each hour and the cumulated volume.

Attached Thumbnails
Bund Future 16/11-snag-20.12.2012-10.05.39.png  
Reply With Quote
 
  #35 (permalink)
Elite Member
Oberhausen, Germany
 
Futures Experience: Advanced
Platform: Sierracharts
Broker/Data: Interactive Brokers/DTN IQFeed
Favorite Futures: Bund Future
 
Posts: 278 since Aug 2011
Thanks: 100 given, 310 received

Bund Future 2012-12-20

Below average volume and well below average range.

The 5-day volume profile shows a lot of volume in the 144.00 - 144.20 area. Market could rotate up from here.

An up move on little volume - as seen in the daily chart - does not look encouraging but it can be after a solid down move. A heavy sell-off which would support this scenario has not (yet) taken place.

Tomorrow is the last day before start of the holiday season and average volume is declining.

Attached Thumbnails
Bund Future 16/11-snag-20.12.2012-22.11.27.png   Bund Future 16/11-snag-20.12.2012-22.10.44.png   Bund Future 16/11-snag-20.12.2012-22.15.32.png  
Reply With Quote
 
  #36 (permalink)
Elite Member
Oberhausen, Germany
 
Futures Experience: Advanced
Platform: Sierracharts
Broker/Data: Interactive Brokers/DTN IQFeed
Favorite Futures: Bund Future
 
Posts: 278 since Aug 2011
Thanks: 100 given, 310 received

Bund Future 2012-12-17 - 2012-12-21

In the weekly chart of the back-adjusted contract price has dropped to the lower boundary of the latest up trend channel. The chart pattern is inconclusive. Could show a trend reversal (possible double top) as well as the start of the next up move.

The 5-day volume profile shows two levels of support (144.60, 144.26) and two levels of resistance (145.69, 145.34). Just like last week though market has dropped since then.

In the daily chart the last two days have been up days but on low volume and range. Classically this means the market is just in a correction of the down swing. Though the beginning Holiday season distorts volume and range, both are usually low during this time.

The 60-minute chart looks a bit more positive. Market has moved back up to the "drop-off" level of around 144.70.

The Eurex Exchange will be closed 24./25./26. December. And 31.December 2012 and 01.January 2013. It will be open 27./28. December and 2./3./4. January 2013. During these days volume and range will be low. "Proper" trading will resume on 7. January or even later on 14. January

The "Fiscal Cliff" drama influences all markets, looks like a last minute compromise is priced in. A failure might cause some serious moves.

A Merry Christmas and a Happy New Year to you all and your families.

Attached Thumbnails
Bund Future 16/11-snag-23.12.2012-11.44.30.png   Bund Future 16/11-snag-23.12.2012-11.10.14.png   Bund Future 16/11-snag-23.12.2012-11.53.43.png   Bund Future 16/11-snag-23.12.2012-11.39.33.png  
Reply With Quote
 
  #37 (permalink)
Elite Member
Oberhausen, Germany
 
Futures Experience: Advanced
Platform: Sierracharts
Broker/Data: Interactive Brokers/DTN IQFeed
Favorite Futures: Bund Future
 
Posts: 278 since Aug 2011
Thanks: 100 given, 310 received

Bund Future 2013-01-02 - 2013-01-04

The first trading week of the year has seen three trading days.

The weekly chart (back-adjusted) shows a wide range down week. Volume rose above average during these days. The down fall was caused by two things:
  • The last second compromise re the Fiscal Cliff threat
  • The possibility that the Fed will stop buying treasuries (FOMC Minutes).
The 5-day Volume Profile shows only levels of resistance, The next levels of support are around 141.90 and 141.60 (from October 2012).

The daily chart shows that the market has dropped out of the latest up trend channel.

The 60-minute chart shows that on Friday the market formed a triangle after the down move in the morning. No new impulses from US Stock Markets on that day.

For Monday there are no reports scheduled.

Stock markets made a great up move on Wednesday and then stalled. Looks like the initial reaction to the political development is over - that is the reaction by those people who were present during the last week.

How the rest returning on Monday will react is hard to judge. A continuation of the up trend for Stock Markets looks likely.

Attached Thumbnails
Bund Future 16/11-snag-06.01.2013-10.57.40.png   Bund Future 16/11-snag-06.01.2013-11.14.27.png   Bund Future 16/11-snag-06.01.2013-11.20.06.png   Bund Future 16/11-snag-06.01.2013-11.15.06.png   Bund Future 16/11-snag-06.01.2013-11.17.12.png  
Reply With Quote
The following user says Thank You to FGBL07 for this post:
 
  #38 (permalink)
Elite Member
Oberhausen, Germany
 
Futures Experience: Advanced
Platform: Sierracharts
Broker/Data: Interactive Brokers/DTN IQFeed
Favorite Futures: Bund Future
 
Posts: 278 since Aug 2011
Thanks: 100 given, 310 received

Bund Future 2013-01-07

An inside (up)day, average volume, well below average range.

The 5-day volume profile shows a PoC at 143.05.

The 60-minute chart shows that today's and Friday's (daily) PoC differ by a few ticks only.

Except for a few ticks today's market stayed within the VA of Friday.

No new impulses from the US-Stock Markets: these continued to drift lower. Are they waiting for earnings reports?

Projecting the current behavior Bunds will continue to creep up and stock markets will drift lower. Up moves on low volume are very valid moves if there has been a sell-off before.

Attached Thumbnails
Bund Future 16/11-snag-07.01.2013-22.19.07.png   Bund Future 16/11-snag-07.01.2013-22.18.14.png   Bund Future 16/11-snag-07.01.2013-22.47.54.png  
Reply With Quote
 
  #39 (permalink)
Elite Member
Oberhausen, Germany
 
Futures Experience: Advanced
Platform: Sierracharts
Broker/Data: Interactive Brokers/DTN IQFeed
Favorite Futures: Bund Future
 
Posts: 278 since Aug 2011
Thanks: 100 given, 310 received

Bund Future 2013-01-08

Up on rising (average) volume but below average range. Market ran into resistance at 143.50, around 15:00 CET (=09:00 EST).

The 5-day volume profile shows a support level at 143.10, next resistance at 144.30. That looks a bit high: the daily volume profile shows nodes/PoC at 143.60 and 144.00.

The 60-minute chart shows a node around 143.40.

Stock Markets again drifted lower. 3-Yr Note auction shows solid results.

Though the up move looks ok, to assume a continuation of the up swing seems to be too simple.

Attached Thumbnails
Bund Future 16/11-snag-08.01.2013-22.10.38.png   Bund Future 16/11-snag-08.01.2013-22.09.16.png   Bund Future 16/11-snag-08.01.2013-22.14.01.png  
Reply With Quote
 
  #40 (permalink)
Elite Member
Oberhausen, Germany
 
Futures Experience: Advanced
Platform: Sierracharts
Broker/Data: Interactive Brokers/DTN IQFeed
Favorite Futures: Bund Future
 
Posts: 278 since Aug 2011
Thanks: 100 given, 310 received

Bund Future 2013-01-09


Nice up day, average volume and average (long term) range.

Market traded for about the first three hours between yesterday's PoC and VAH before it took off. So the net gain is not as high as the range might suggest.

Market broke above the node at 143.60, today's PoC is 143.60. Again we have a node in the upper range of the day, but more accentuated than yesterday.

The 5-day volume profile does not show much change: support remains at 143.10, resistance drops a bit to 144.15.

The daily Volume Profiles in the 60-minute charts shows PoCs at 144.00 and 143.00.

Today's stock markets closed in the green though not by very much. Today's 10-Yr Note auction was weak.

Tomorrow the BoE will announce their interest rate decision at 13:00 CET (=07:00 EST) and the ECB their's at 13:45 CET (=07:45 EST). No surprises expected.

The ECB press conference starting at 14:30 CET (=08:30 EST) might cause some erratic moves in the market.

Attached Thumbnails
Bund Future 16/11-snag-09.01.2013-22.08.14.png   Bund Future 16/11-snag-09.01.2013-22.07.27.png   Bund Future 16/11-snag-09.01.2013-22.13.04.png  
Reply With Quote

Reply



futures io > > > > Bund Future 16/11

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
German Bund Traders isildur1 Bonds and Interest Rates Trading 34 October 13th, 2017 10:25 AM
RANsquawk Market Wrap Up - Stocks, Bonds, FX etc. 17/11/11 Quick Summary News and Current Events 0 November 17th, 2011 05:50 PM
RANsquawk Weekly Wrap - Stocks, Bonds, FX 04/11/11 Quick Summary News and Current Events 0 November 4th, 2011 04:30 PM
Bund and Bobl Cash Product jeffbg123 Traders Hideout 3 May 30th, 2010 01:20 PM
CL market replay for 11/12 & 11/13 Saroj NinjaTrader 1 November 14th, 2009 08:28 PM


All times are GMT -4. The time now is 12:24 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-16 in 0.17 seconds with 20 queries on phoenix via your IP 54.226.113.250