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:70,987 / 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 don’t 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

  #41 (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 2013-01-10

Down on well above average volume and twice the average range.

Market traded on average/below average volume till 10:00 CET (=04:00 EST) and then showed a nice drop, repeated at 13:00 CET (=07:00 EST).

No changes in interest rates, but the ECB press conference produced a massive sell-off. Market dropped below the latest swing-low of 142.52. The positive 30-Yr Bond auction at 19:00 CET (13:00 EST) did not help.

The (four weeks) 5-day volume profile shows no support levels, the latest support level of 143.10 has turned into resistance.

Today's PoC is 143.39, the daily volume profile shows high activity between 142.60 - 142.70 and at 142.90.

Daily Volume profiles show naked PoCs at 142.20 and 141.75.

Stock markets were very volatile but ended the day in the green.

There are only two reports scheduled for tomorrow for the US-Market, at 14:30 CET (=8:30 EST).

Such days are usually followed by another wide range down day or a small range up day: either inside or after making a new low. The buying seen in the lower end of the daily volume profile supports the latter scenario.

Attached Thumbnails
Bund Future 16/11-snag-10.01.2013-22.26.52.png   Bund Future 16/11-snag-10.01.2013-22.26.02.png   Bund Future 16/11-snag-10.01.2013-22.32.37.png  
Reply With Quote
The following 2 users say Thank You to FGBL07 for this post:
 
  #42 (permalink)
Trading Apprentice
Melbourne, Australia
 
Futures Experience: Intermediate
Platform: NinjaTrader, TOS
Favorite Futures: Futures
 
Posts: 5 since Oct 2012
Thanks: 3 given, 2 received

Cheers for your posts on FGBL, FGBL.

Just wondered if you could give me an idea of the typical number of contracts offered at each level on bund through the morning session? A ballpark figure would be fine; do you think it is closer to 20, 200, or 2000? I am just trying to get a feel for how market orders will respond in the live market. DAX seems to be very thin (and open to a lot of slippage), but it looks to me that FGBL is much better. Is this an accurate description?

Reply With Quote
 
  #43 (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

DOM Depth Bund Future


The first screenshot shows this morning's DOM.

I have 5 levels only, summed up over all levels there should be around 2000 - 4000 contracts bid/offered. During the first hour - 08:00 till 09:00 CET - you may see less. It may drop to just a few hundred contracts or even less before the release of economic reports.

The second screenshot shows the average traded volume for each 30-minute time slot - average of the last 5 days.

Best volume is between 9:00 - 12:00 CET and then 14:20 (US Bond Pits open) - 17:00 CET.

Attached Thumbnails
Bund Future 16/11-snag-11.01.2013-09.08.28.png   Bund Future 16/11-snag-11.01.2013-09.43.32.png  
Reply With Quote
The following 2 users say Thank You to FGBL07 for this post:
 
  #44 (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 - 2013-01-11

A down week, but the net "gain" for this week was small. Squeezing last year into an up trend channel shows that the market is now at the lower boundary of this channel.

The 5-day volume profile (displaying four weeks) shows only resistance levels: nearest PoCs are 142.95 and 143.40.

The daily volume profiles show PoCs at 141.75 and 141.50.

Last Friday shows a kind of doji on high volume. The range is a bit high for a doji, slightly above average range.

The 60-minute chart shows that Friday's VA lies below that of Thursday. The 15:00 o'clock candle (09:00 EST) looks like a hammer on very high volume.

For Monday there are only minor reports scheduled.

That 15:00 o'clock may signal a reversal, but I do not like Friday's high volume. Looking for another down swing.

Attached Thumbnails
Bund Future 16/11-snag-13.01.2013-17.23.36.png   Bund Future 16/11-snag-13.01.2013-17.05.54.png   Bund Future 16/11-snag-13.01.2013-16.43.01.png   Bund Future 16/11-snag-13.01.2013-17.24.56.png  
Reply With Quote
The following user says Thank You to FGBL07 for this post:
 
  #45 (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 2013-01-14

Slightly below average volume and range. An up day because the close > Friday's close, Poc > Friday's PoC, an up candle because close > open. But a down bar by my definition.

The up move which started Friday 15:00 continued till about 16:00 today. Then the market dropped into the close. The up move stopped at the 142.95 level shown in the previous 5-day volume profile as PoC.

The low volume the first 30 minutes and at the start of the second 30-minute bar hinted at an up move.

Stock markets show lackluster moves.

The 5-day volume profile shows the latest PoC at 142.69. Next levels up are 143.10 and 144.27. Looking at the profiles reveals that the volume is pretty thick and uniform up to 144.27.

The daily volume profile in the 60-minute chart shows PoCs at 143.39 and 142.37.

The market may continue to creep up on lower than average volume. 143.39 as target looks a bit high though, at least for one day.

Tomorrow at 9:00 CET (=03:00 EST) German GDP for 2012 is published. At 14:30 CET (=08:30 EST) PPI and Retail Sales report is released.

Bad news, that is bad for bond markets, may swing the market around.

Attached Thumbnails
Bund Future 16/11-snag-14.01.2013-22.14.48.png   Bund Future 16/11-snag-14.01.2013-22.14.15.png   Bund Future 16/11-snag-14.01.2013-22.18.26.png  

Last edited by FGBL07; January 14th, 2013 at 05:51 PM. Reason: added comment about 142.95
Reply With Quote
 
  #46 (permalink)
Trading for Fun
Milano-Italy
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: bund, ftse Mib
 
terapiaintensiva's Avatar
 
Posts: 56 since Jan 2013
Thanks: 515 given, 22 received

It is going up!!!





anyway...nice thread.
Thank you FGBL07

Reply With Quote
 
  #47 (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 2013-01-15

Average volume and slightly below average range. Again an up day, but with strong intraday swings: Market gaped up at the open, swiftly moved up to around 143.10 and then dropped below its open. Volatile but steady climb to 143.39 (PoC from daily volume profiles), formed a double top there and then dropped into the close.

Three days now stacking their VAs on top of each other's.

The 5-day volume profiles show no change in the lower PoCs: 143.10 and 142.69. Next resistance at 144.30.

The daily volume profiles in the 60-minute chart show that the somewhat thin area between the two nodes (142.60 - 143.39) in the profile of 2013-01-10 has been filled.

Stock markets are mixed to slightly down.

Today had more volume and range than expected. A move above 143.77 (high of 2013-01-09) is likely to trigger some stop losses, so the market might attempt to do exactly that. Going through the 143.40 area looks tough though.

The markets sticks to support/resistance levels a bit too precise for my taste, this feels "staged" (well, more than usual).

Attached Thumbnails
Bund Future 16/11-snag-15.01.2013-22.09.01.png   Bund Future 16/11-snag-15.01.2013-22.08.19.png   Bund Future 16/11-snag-15.01.2013-22.14.26.png  
Reply With Quote
The following user says Thank You to FGBL07 for this post:
 
  #48 (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 2013-01-16

Average volume but below average range. Another up day but today's PoC is identical to that of yesterday.

A pattern similar to that of the last two days: market moves up, meets selling, pushed up again till 14:00 - 15:00 CET (08:00 - 09:00 EST). Then it drops into the close.

The 5-day volume profile shows two levels of support now at 143.29 and 143.10. Next level of resistance is 144.15.

The volume distribution in the 60-minute chart does not look as uniform as in the days before: a node just above the PoC and a lot of selling in the upper end of the range. It seems to be more difficult each day to push the market up.

The high of last Wednesday (2013-01-09) - 143.77 - is within short reach but it looks like that it will not be surpassed easily. After that 144.00? Maybe, when such levels are breached the stop losses triggered usually fuel the move for approximately another 10 ticks.

Attached Thumbnails
Bund Future 16/11-snag-16.01.2013-22.09.53.png   Bund Future 16/11-snag-16.01.2013-22.08.44.png   Bund Future 16/11-snag-16.01.2013-22.14.47.png  
Reply With Quote
The following 2 users say Thank You to FGBL07 for this post:
 
  #49 (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 2013-01-17

Slightly above average volume but well above average range. A strong (down) trend day.

A strange day. ES had started to rise around 5:30 CET (=23:30 EST). When (European) stock markets opened ESTX50 moved up along with ES while DAX did not follow. Bunds started a strong down move and dropped till around 12:00 CET (=06:00 EST) when a small counter move started.

At 14:30 CET (=08:30 EST) a very favorable Housing Market report was released and a job market report that was very favorable at first sight (not so good at second sight). A few minutes before the reports were released DAX started to catch up and follow the others. Bunds showed only a moderate reaction immediately after the release of the reports.

If the data have not been leaked, then it was an astute anticipation of the reports. The Phil Fed report at 16:00 CET (=10:00 EST) was pretty negative.

The 5-day volume profile show resistance levels only. 142.73 is simply today's POC. Next one is 143.10.

Support levels from the daily volume profiles: 142.37 and 141.75.

The daily chart shows that the market is still in a down trend since 2012-12-10: lower highs and lower lows.

Today's volume profile shows volume concentrated in the lower end of the range. Today's PoC at 142.73 looks identical to that of Monday (142.76).

Today's sell-off will perhaps continue tomorrow morning: late-comers will sell. And then? The swing low of last Friday (142.05) does not look too far away.

The only report I see for tomorrow is the Michi Sentiment report at 09:55 EST.

Attached Thumbnails
Bund Future 16/11-snag-17.01.2013-22.13.22.png   Bund Future 16/11-snag-17.01.2013-22.12.44.png   Bund Future 16/11-snag-17.01.2013-22.41.34.png  
Reply With Quote
 
  #50 (permalink)
Trading for Fun
Milano-Italy
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: bund, ftse Mib
 
terapiaintensiva's Avatar
 
Posts: 56 since Jan 2013
Thanks: 515 given, 22 received



FGBL07 View Post
Slightly above average volume but well above average range. A strong (down) trend day.

A strange day. ES had started to rise around 5:30 CET (=23:30 EST). When (European) stock markets opened ESTX50 moved up along with ES while DAX did not follow. Bunds started a strong down move and dropped till around 12:00 CET (=06:00 EST) when a small counter move started.

At 14:30 CET (=08:30 EST) a very favorable Housing Market report was released and a job market report that was very favorable at first sight (not so good at second sight). A few minutes before the reports were released DAX started to catch up and follow the others. Bunds showed only a moderate reaction immediately after the release of the reports.

If the data have not been leaked, then it was an astute anticipation of the reports. The Phil Fed report at 16:00 CET (=10:00 EST) was pretty negative.

The 5-day volume profile show resistance levels only. 142.73 is simply today's POC. Next one is 143.10.

Support levels from the daily volume profiles: 142.37 and 141.75.

The daily chart shows that the market is still in a down trend since 2012-12-10: lower highs and lower lows.

Today's volume profile shows volume concentrated in the lower end of the range. Today's PoC at 142.73 looks identical to that of Monday (142.76).

Today's sell-off will perhaps continue tomorrow morning: late-comers will sell. And then? The swing low of last Friday (142.05) does not look too far away.

The only report I see for tomorrow is the Michi Sentiment report at 09:55 EST.

Good morning
and thank you for your posts.

Buon lavoro!

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)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

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 03:28 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 2017-12-13 in 0.17 seconds with 20 queries on phoenix via your IP 54.226.132.197