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:70,869 / 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

  #611 (permalink)
Trading for Profit
VERSAILLES FRANCE
 
Futures Experience: Advanced
Platform: PRO REAL TIME
Broker/Data: WHS
Favorite Futures: GERMAN BONDS AND NOTES FUTURES
 
MARS's Avatar
 
Posts: 553 since Jan 2013
Thanks: 42 given, 657 received

Market opened with an upward gap which was filled at 9 am. Incentive Sellers send then the market to LoD (140.69). There reactive Buyers took the lead and send back prices to the opening level. On the night session, further buying activity took place.

At 140.83, POC is lower than Thursday and volume is concentrated around POC.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Result is a hammer, but with no particular signification considering where it is placed.
MA 20 is flatenning and could be a resistance while MA 50 and the cloud are on support.
Shikou span is still above the candle line but prices will have to rise in the coming days otherwise it will go below, which would be a bearish sign.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


On the 4H graph, we can see that Bund Future Contract is within the 140.55 - 141.95 range.
Within such range I drafred a downard channel, rather steep and within such channel a rising one, which could be some sort of flag. Prices are below MA 44 and MA 23.

LoD (140.69) is a first support and below 140.55, a much stronger one, the lower hedge of the range prices are in since October 24th. S1, at 140.44 could be the next support below and then S2 at 138.84.
On the resistance side above HoD (140.95) we do have 141.50/60 and then R1 at 141.77.

On a weekly basis, last week candle is red and forms, with the three previous ones, a congestion.
Weekly PP is at 141.17. Prices ended lower Friday evening.

As long as prices do remain in the 140.55 - 141.95 range, the winning strategy is obviously to buy the lower end of the range and sell the upper one. Below 140.55 I may sell but I will repurchase the short position quickly as the cloud is on support. I am not expecting the market to bo above 141.95 in the first half of the week.

Have a nice week-end.

Reply With Quote
The following user says Thank You to MARS for this post:
 
  #612 (permalink)
Trading for Profit
VERSAILLES FRANCE
 
Futures Experience: Advanced
Platform: PRO REAL TIME
Broker/Data: WHS
Favorite Futures: GERMAN BONDS AND NOTES FUTURES
 
MARS's Avatar
 
Posts: 553 since Jan 2013
Thanks: 42 given, 657 received

Marekt opened with a downard gap and filled it ealry in the session, forming a buying tail. Buyers continued pushing utill HoD was reached by 10.30 am. Market then trade sideways and ended near HoD.

At 141.28, POC is higher than Friday. Value is on the upper half of the range, giving the day a "p" shape.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


As can be seen on the 1 day graph, result is almost a green loop belt with MA 20 at candle's top. Shikou Span is climbing along the candle's line cliff and so are prices doing along cloud's upper hedge.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


On the 4H graph, we can see that prices are in 140.55 - 141.95 range midle, at MA 44 level.
Prices could go either ways....

141.37 (HoD but also MA 44 and MA 20 D) is an obvious and I believe strong resistance. Above lies 141.95 - 142.10 area, range's upper end.
On the support side, below LoD (140.86) there is range's lower end (140.50) with MA 50 D not far.

My guess is for tomorrow is that market will remain in the 140.50 - 142 range.

Good Night.

Reply With Quote
The following user says Thank You to MARS for this post:
 
  #613 (permalink)
Trading for Profit
VERSAILLES FRANCE
 
Futures Experience: Advanced
Platform: PRO REAL TIME
Broker/Data: WHS
Favorite Futures: GERMAN BONDS AND NOTES FUTURES
 
MARS's Avatar
 
Posts: 553 since Jan 2013
Thanks: 42 given, 657 received


Market opened were it closed yesterday and shily explored the low side, making its LoD (141.28). Incentive Buyers then took the lead and continued the upward move initiated last Thursday. R1 was hit during the night session together with HoD (141.78). Market ended about 10 ticks lower.

At 141.51, POC is higher than yesterday and there is an HVN at POC level.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Result is another green candle but smaller than the previous one and with two small spikes. MA 20 D is now in support ad Shikou Span is still climbing along candle's line cliff. 141.90-00 resistance was not tested.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


On the 4H graph, I drafted an oblique resistance linking the three last tops which forms, with the double bottom at 140.55, a decreasing squared triangle.

HoD ( 141.78) is a first resistance then 141.89, 142.10 and fianlly 142.32
On the support side, below LoD (141.28) there is 140.94 and then 140.55 with MA 50 at 140.50.

Many US statistics to be released tomorrow together with a 10 years Bund aunction, prior to the Thanksigiving and Black Friday but apart from an unexpected newflows, I do not see why Bund Future Contract shall exit from the 141.95 - 140.55 range.

Good NIght.

Reply With Quote
The following 2 users say Thank You to MARS for this post:
 
  #614 (permalink)
Trading for Profit
VERSAILLES FRANCE
 
Futures Experience: Advanced
Platform: PRO REAL TIME
Broker/Data: WHS
Favorite Futures: GERMAN BONDS AND NOTES FUTURES
 
MARS's Avatar
 
Posts: 553 since Jan 2013
Thanks: 42 given, 657 received

Market opened rougly where it closed yesterday traded trendless all day. During the night session, market dropped to 141.37 and regain the lost ground to close a shade lower than the opening level.

At 141.61, POC is a bit higher from yesterday's level and value is concentrated on the upper part of the range, giving the day a "p" shape.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


As can be seen on the 1 day graph, result is a hammer which forms with the previous candle a crawbar top.
MA 20D made a good job as support.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


On the 4H graph, we can see that MA 44 did also a good job as support and that the resistance oblique did a good job too.

Resistance levels are 141.75 level (the resistance oblique) then 141.89 (weak ?) 141.95 (strong ?), 142.10 and finally 142.32.
On the support side, below 141.37, there is 141.28 (weak ?) 140.94 and 140.55 (strong).

Market is stuck between 141.37 and 141.75. It will have to exit from there but up or down, I do not know.
Tomorrow is Thanksgiving. I may close my book at noon.

Good Night.

Reply With Quote
The following user says Thank You to MARS for this post:
 
  #615 (permalink)
Trading for Profit
VERSAILLES FRANCE
 
Futures Experience: Advanced
Platform: PRO REAL TIME
Broker/Data: WHS
Favorite Futures: GERMAN BONDS AND NOTES FUTURES
 
MARS's Avatar
 
Posts: 553 since Jan 2013
Thanks: 42 given, 657 received

MUCH ADO ABOUT NOTHING

Market opened rouglhy where it closed and after making its IB, initiative Sellers agressively pushed the market down to its LoD (141.14) in half an hour. From there reactive Buyers took the lead and gradually the market came back to where it came from. During the night session, upward move continued and market actually ended higher than the opening level.

At 141.65, POC is a shade higher than yesterday an there is no HVN.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


As can be seen on the 1 day graph, result is hammer, the second one. I am expecting tomorrow to be an up day with upper BB (142.16) as a logical target).


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


On the 4H graph, we can see a big hammer , with prices ending just below the resistance oblique.

Such oblique is an obvious resistance, above there are the recent tops, 141.75, then 141.90/95, 142.10 and finally 142.32.
On the support side, below LoD (141.14) I do see 140.55, the horizontal support of the downard squared triangle.

Incidentally, target of an upward exit of such triangle is 120 tics upward.

For tomorrow, we could either see an exit by above or another trendless session with a closing below the resistance oblique.

With the Thanksgiving long week-end I will close my book before noon.

Good Night.

Reply With Quote
The following user says Thank You to MARS for this post:
 
  #616 (permalink)
Trading for Profit
VERSAILLES FRANCE
 
Futures Experience: Advanced
Platform: PRO REAL TIME
Broker/Data: WHS
Favorite Futures: GERMAN BONDS AND NOTES FUTURES
 
MARS's Avatar
 
Posts: 553 since Jan 2013
Thanks: 42 given, 657 received

Market opened with an upward gap and immediately closed it. Prices then lefted the IB area by below, and incentive Sellers pushed the market down to LoD at 141.51. Reactive Buyers entered then in the market and sent back prices to Thursday's closing level. Market then traded trendless between LoD, which was tested a second time and 141.74. Market ended about 10 tics below such level.

At 141.68, POC is about the same level as Thursday and there is an HVN around POC.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Result is red candle which makes a black cloud. Shikou span is still over the candle line, MA 50 is still rising but MA 20 is now flat for about one week.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


On the 4H graph, we can see that market closed below the resistance oblique and that the upward gap did not hold. MA 23 did a good job as a support as can be seen with the two hammers' downard spikes.

141.51 (LoD) is an obvious support. Below there is MA 44 at 141.33 then 141.14 (Thursday's low) which is also ICHIMOKU cloud upper hedge.
On the resistance side, 141.74 is a first one then 141.90/95, 142.07/10 and finally 142.32.

On a weekly basis, candle of the week is green and makes a congestion with the four previous ones : for more than one month, market is ranging between 142.00 and 140.50.
Weekly POC is higher than last week but at the same level as the week before last.
Weekly PP is at 141.50. Market ended higher Friday evening. At 142.02, R1 is a reasonable target but to achieve such goal, the resistance oblique of the squared downard triangle shall be overcome.

In such case, this figure gives a target at 142.80. In case prices go below weekly PP, this could mean that the resistance oblique will remain steady and prices may go back to the horizontal support at 140.55.

Tomorrow there are some european PMI figures on the morning and some US data on the afternoon to bring some volatility.

Have a nice sunday evening.

Reply With Quote
The following user says Thank You to MARS for this post:
 
  #617 (permalink)
Trading for Profit
VERSAILLES FRANCE
 
Futures Experience: Advanced
Platform: PRO REAL TIME
Broker/Data: WHS
Favorite Futures: GERMAN BONDS AND NOTES FUTURES
 
MARS's Avatar
 
Posts: 553 since Jan 2013
Thanks: 42 given, 657 received

Market opened with a downard gap and very soon incentive Sellers pushed the market down, making a selling tail.
A first low was achieved at 141.19. Reactive Buyers entered then in the market and made price to rise to 141.51, Friday's LoD. At such level Sellers came out from the woods and pushed the market down to its LoD (141.03).
Market ended 10 tics higher.

At 141.13, POC is lower than those of the five previous days. Apart from the selling tail (from 141.67 to 141.43) there is no volume concentration. Volume of the day is bigger than the previous days.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


On the 1 day graph, we can see a rather big red candle with two small spikes;
The lower spike is ending on ICHIMOKU cloud's upper hedge and Shikou Span is in contact with the candle line : I am expecting a rebound tomorrow.
MA 20 is almost horizontal and MA 50 still on the rise and in support.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


On the 4H graph, we can see that MA 23 did a good job as resistance and that fast stochastics are near the bottom. Prices are in the middle of the downard squared triangle.
After testing several times the resistance oblique, one could expect the horizontal support (140.55) to be tested.
Market could however find some support in the 140.98/141.03 area and go up again...

Below LoD (141.03) I do see MA 50 (140.75) as a major support level. Below there is our old friend 140.55.
On the resistance side, there is 141.51 then HoD (141.64) wich is also the resistance oblique level tomorrow then 141.74, 141.95 and 142.32.

No statistics tomorrow and plenty of them on the second half of the week. Therefore I am expecting a trendless day, which does not necessarly means a quiet day.

Reply With Quote
The following user says Thank You to MARS for this post:
 
  #618 (permalink)
Trading for Profit
VERSAILLES FRANCE
 
Futures Experience: Advanced
Platform: PRO REAL TIME
Broker/Data: WHS
Favorite Futures: GERMAN BONDS AND NOTES FUTURES
 
MARS's Avatar
 
Posts: 553 since Jan 2013
Thanks: 42 given, 657 received

Market opened rougly where it closed yesterday and after the IB, initiative Sellers pushed the market down to 140.95, a bottom which was to be confirmed later in the morning by the LoD (140,94). From there, reactive Buyers took the lead and sent prices back to the open level and even higher and HoD was achieved a shade before 2 pm.
Market traded then sideways but always above the open level to end at 141.27.

At 141.30, POC is higher than yesterday but lower than the four last days of last week. There is no HVN.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Result is a spinning top which forms an harami with the previous candle. Shikou span is rebounding on the candle line and so are doing prices on ICHIMOKU's upper hedge, as forecasted.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


On the 4H graph, we can see that MA 44 is almost flat, a clear sign of a trendless market and that prices are in the middle of the squared downard triangle market is in since november 7th.

140.94 last week LoW, proved to be an efficient support. Below there is MA 50 (140.75) and finally 140.55.
On the resistance side, above HoD (141.42) there is 141.64 (yesterday HoD) and then 141.74. Above, 141.85/95 is a resistance area and finally 142.32.

Plenty of US statistics tomorrow to bring some volatility to the market.

Take care.

Reply With Quote
 
  #619 (permalink)
Trading for Profit
VERSAILLES FRANCE
 
Futures Experience: Advanced
Platform: PRO REAL TIME
Broker/Data: WHS
Favorite Futures: GERMAN BONDS AND NOTES FUTURES
 
MARS's Avatar
 
Posts: 553 since Jan 2013
Thanks: 42 given, 657 received

Market opened with a downard gap and after IB was made, incentive Sellers pushed the market down all day long for a directional day.

At 140.34, POC is considerably lower than the previous days. There are three HVN. The major one around 140.62, a second one in the 141.00/08 area and the smaller one at POC.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Result is a big red candle, almost a loop belt which goes deep into the ICHIMOKU cloud. MA 20 is topping the candle while prices closed below MA 50. Shikou span is now below the candle line. Shikou span was above such candle line since September 18th.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


On the 4H graph, we can see that the horizontal support of the downard squared triangle is broken.
Target is 139.75 when S3 is at 139.78.

A pullback to the 140.54 level would be a nice selling opportunity to target S3, with a stop above 140.62, the major HVN.
Above such likely resistance, there is the major HVN and then MA 44 at 141.30.
On the support side, I see none before 139.82, a former LoW.

ECB press conference tomorrow and some important US data will bring some volatility to the market;

Fasten seat bealts.

Reply With Quote
 
  #620 (permalink)
Trading for Profit
VERSAILLES FRANCE
 
Futures Experience: Advanced
Platform: PRO REAL TIME
Broker/Data: WHS
Favorite Futures: GERMAN BONDS AND NOTES FUTURES
 
MARS's Avatar
 
Posts: 553 since Jan 2013
Thanks: 42 given, 657 received


All figures do refer to the March 2014 Future Contract.

Market opened with a small upward gap and traded sideways all morning, waiting for the US figures and Super Mario. The former support of the downard squared triangle (140.55/60) was tested several times.

Just before the figures were released and Mario's speach, incentive Sellers begun to push the market down and it was a one way to the target announced yesterday (LoD at 139.76 for 139.75 forecasted).

During the night session market made a new low at 139.65 and ended a shade above (139.71).

At 140.49, POC is suprisingly high. There is an HVN around POC a many lots traded in the 140.30 - 139.80 range.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Result is a big red candle, almost a loop belt.

4H graph does not show much.

It is to be seen if reactive Buyers will appear from the bushes tomorrow and if yes at which level.
I do see a possible support around 138.80 but it is very far below.
On the resistance side, we do have 140.33, 140.55/60 (a major one) and 141.10/30

Many US figures tomorrow. As I made a good trading day, I may close my book early tomorrow, not to give the market a chance to recoup part of the monies he gave me today.


Last edited by MARS; December 5th, 2013 at 06:15 PM. Reason: clerical mistake
Reply With Quote
The following user says Thank You to MARS for this post:

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 07:30 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 2017-12-11 in 0.20 seconds with 20 queries on phoenix via your IP 54.226.132.197