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:70,873 / 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

  #741 (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


MARS View Post


Reply With Quote
The following user says Thank You to terapiaintensiva for this post:
 
  #742 (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

BUND STILL WITHIN THE 143.50-144.50 RANGE

Market opened with a tiny downard gap and as soon as IB was made, incentive Sellers took the lead and send prices to a first low (143.85) at almost S1 (143.83). At such level some reactive Buyers entered into the market and prices rose to 144.07 but as there was no follow through, prices gently declined and a new low was made (143.80).
At such level, which was to be LoD, reactive Buyers entered into the market with big volumes and prices rocketed, first to opening level then above and session may end a shade below 144.30.

At 144.02, POC is lower than the two previous days and there are two HVN's, one around 143.86 and the other one around 144.16. Volume is much bigger than the two previous days.

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

Result is a hammer which has no particular meaning to me. Lower shadow's end is in contact with MA 20.


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

Shikou Span is still below the candle line but other indicators are bullish on this TU.

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

Prices are moving within the 143.50-144.50 range. I think FOMC minutes shall push prices out of such horizontal flag. As prices came into this structure by below, I am expecting an exit by above.

Many statistics tomorrow and last but not least, FOMC minutes to be released at 8 pm Berlin time.

On the support side there is PP (144.19) then 143.88-80 area (SSB, S1, LoD) and below 3xLoD in the 143.62-55 area. Below, market will exit the horizontal flag and may find support around 142.50.
On the resistance side, above HoD (144.29) there are two more LoD's (144.43 and 52) then HoY (144.64), R1 (144.78) mid R1-R2(144.95) and finally R2 (145.13).

Be cautious, there is much volatility ahead.
Good Night.

Reply With Quote
The following 3 users say Thank You to MARS for this post:
 
  #743 (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

BOBL FOLLOW UP


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

TU 1 hour.
Higher paid 125.73 for a theoretical target of 125.78.

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

If the reverse H&S delivers, prices shall go to 125.88. A return on the neckline (around 125.56-60) would be an opportunity to enter long with a stop below the neckline.

Good Night.

Reply With Quote
The following 2 users say Thank You to MARS for this post:
 
  #744 (permalink)
Trading Apprentice
Bangkok+Thailand
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: ES
 
Posts: 40 since Nov 2012
Thanks: 54 given, 11 received

Hey MARS, the FGBL is moving very slow last 2 days, are they in waiting mode as well for FOMC and US employment?

Reply With Quote
 
  #745 (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

Only guess

@meow

On the one side, Quarterly results delivered in the US are not bad, on the other side Russian boots' noises and US economicc retaliation threats are frightening the market : as a consequence Bonds and Bunds are trading in a narrow range.

FOMC this evening will likely bring some volatility. Enough to exit the range ? Only time will tell.

I will open a swing positon on the exit side, if made with volume.
In the meantime, scalp is the answer.

Have a good day.

Reply With Quote
The following 2 users say Thank You to MARS for this post:
 
  #746 (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

MIND THE GAP

On Wednesday, market opened rouglhy where it closed and after exploring whether higher prices would attract Buyers, market dropped and found reactive Buyers at 144.00. After a double bottom was made, Buyers took the lead and upon release of some US data, the pushed prices up to 144.61 at cash closing and 144.73 during the night session, upon relase of the FOMC minutes, to end at 144.64.

At 144.36, POC is higher than Tuesday and Monday's POC has been touched. There is an HVN at 144.04-09 level and another one at 144.56.

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

Result is a green candle with a lower shadow. Resistance oblique is around 145.00 and it shoud be tested before long.

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

All ICHIMOKU indicator are bullish on this TU.

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

Resistance oblique is around 145.15, almost R2 (145.13).


Today May 1st, EUREX futures markets are closed while CME-CBOT are open.
10YR T NOTE rose in the afternoon after the release of the unemployment claims ,which are above expectation.

I am therefore expecting the BUND future market to open with an upward gap tomorrow morning and R2 to be touched. Afterward, a rebound and the closing of the eventual gap would be an ideal scenario.

Some US data related to the employment to be released in the afternoon may or may not make such eventual gap to close. Whether opening level holds or not will be my main guidances to eventually play the gap closing.

Resistances : 144.73-78 (HoD and R1, 144.13 (R2), 145.64 (mid R2-R3).
Supports : 144.46-48 (mid R1-PP and former resistance), 144.20-00 (PP, MA 44 and LoD), 143.88 (SSB)

Enjoy your May 1st break.

Reply With Quote
 
  #747 (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

BOOTS' NOISES ARE LOUDER

Market opened roughly where it closed on Thursday and was trandless until the release of the employment related US data. Upon release, market dropped at 144.11 and at such level, which was MA 44, reactive Buyers entered into the market and not only prices gradually came back to the opening level but due to the Ukraine concerns, there was some follow through and prices went above such level, going a shade below 145.00 to end at 144.78.

At 144.62, POC is higher than Thursday and two last POC's where only visited once. Buyers are so far in control of the market. There are two HVN, one at 144.79 and the other one a shade above POC.

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

Result is a very neat doji hammer. It is a bearish sign as long as prices do remain below HoD (144.98).

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

Market is bullish in the TU.

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

MA 44 did a fantastic job as support. Last candle is a tombstone doji.

The weekly candle is green, with a bigger lower shadow than the upper one.
PP is at 144.49. Prices ended above which make R1 (145.22) the next target.

For next week, much depends on the newslow from Ukraine with however some important US data to be released and ECB talking on May 8th.

For Monday, would the market retrace, 144.67-63 is a first interesting area (HVN and POC) then PP (144.51) and below the strong support area 144.18-08 (MA44, S1, LoD).
On the resistance side, above HoD (144.98) there is R1 (145.22) then mid R1-R2 (145.43) and finally R2 (145.65).

It is worth noting that SCHATZ could make a triple top at 110.515. Watch such level. If such market goes above, 145.22 on the BUND will likely be paid. Alternatively, a failure for SCHATZ to go above 110.515 could trigger some selling of long positions on the German bonds markets.

Have a nice Sunday afternoon.

Reply With Quote
The following user says Thank You to MARS for this post:
 
  #748 (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

A DAY FOR NOTHING

With London banks closed, volume traded today is almost nil and therefore this trading day is of no meaning at all.

I will therefore refrain to make its analisis.

Everything written Sunday is still valid.

Have a nice evening.

Reply With Quote
The following 2 users say Thank You to MARS for this post:
 
  #749 (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 SEEMS TO STRUGGLE TO STAY HIGH

Market opened roughly where it closed yesterday and after exploring whether higher prices would attract Buyers, the market met some incentive Sellers whom dropped prices at 144.40 by 10.30 am. Such level was to be LoD.
In the afternoon, reactive Buyers entered into the market and prices came back at the openening level . Night session may end not far from POC (i.e. 144.67).

At 144.67, POC is about the same than Friday (Monday is of no value for me). There is an HVN a shade below POC.
There was also one at the same level on Friday. Such level seems to be important : if market can not stay above, selling pressure may increase. Volume trade today is small

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

Result is almost a hammer, with not much meaning considering where it is placed.

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

Tenkan Sen is almost above prices. Cloud's thickness is tomorrow very thin, offering almost no support in the case of a bear market. Notwithstanding, all Ichimoku indicators are bullish in this TU.

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

MA 23 (144.45) was on support today, with PP not far at 144.51. It is worth noting that session may end above weekly PP.

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

On this 1H graph, I traced a upward broadening structure which supporting oblique merges with MA 44.
I also traced a resistance oblique which forms at the end a symetric triangle.

In the case of an exit from the triangle by below, both targets of the upward broadening structure and of the triangle is 144.08-11, which is to say S1 and a former LoD . An exit of the symetric triangle by above would give a target at 145.08, let us say R1 at 145.23 or below HoY at 144.98.

On the resistance side, Above HoD (144.78), there is 144.91-98 ( HoY), then R1 (145.23) mid R1-R2 (145.43) and R2 (145.65).
On the support side, below LoD (144.41) there is the 144.23-08 area (MA 44, S1 and a former LoD).

Some US statistics tomorrow afternoon and at 4 pm Janet may say something that could move the market, unless Wladimir speaks louder....

Good Evening

Reply With Quote
The following 2 users say Thank You to MARS for this post:
 
  #750 (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

A DOWN DAY WITH VOLUME


Market opened with a small upward gap, gently rose and met some reactive Sellers at 144.88 whom first closed the opening gap and pushed down harder untill MA 44 was reached (144.29) It was to be LoD. Upon Janet speach, reactive Buyers entered into the market and after going up to 144.67, market ended at 144.50.

At 144.51, POC is lower than the two previous days. There are two HVN's, one a shade below POC and the other one in the 144.75-83 area.

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

Result is a red candle with a lower shadow. Volume is bigger than the two previous days.

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

Tenkan Sen is above prices. All other Ichimoku indicators are bullish in this TU.

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

MA 44 again in support.

Resistances for tomorrow : 144.88-98 (3 x HoD) then R1 (145.23), Mid R1-R2 (145.23) and R2 (145.65).
Supports for tomorrow : 144.29 (LoD and MA44), 144.11-08 (S1 and LoD) and finally our old friend 144

ECB and Mario press conference tomorrow. Market could go either ways.

I will go on the morning and try to follow the market on the afternoon.


Take care.

Reply With Quote
The following 2 users say 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 09:30 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 54.226.227.175