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ZB calculation confusion....
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ZB calculation confusion....

  #1 (permalink)
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ZB calculation confusion....

Good evening,

I was running through some examples on the Futures Financials ( ZB, ZN, ZT, ZF )
using an online Futures calculator.....

Here is where the confusion comes in, and the calculations I got from plugging in these numbers....


ZB calculations:

1. entry at 148.21 and exit at 156.21 = a profit of 8 points ( $8,000 )

2. entry at 148.21 and exit at 156.22 = a profit of 8.03 points ( 48,031.25 )

These two examples I understand.

Here is the one that is throwing me off....

Entry at 148.21 and exit at 156.20 = a profit off 10.09 points ( $10,093.75 )


So all we did was take the 1 off of the 21 from 156.21 , and made it a 0 , and we ended up with a near $2,000 extra profit, from changing just that one number ?


I appreciate any and all help with the math behind the question at hand

Thanks so much - Michael

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  #3 (permalink)
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error via the second ( first example )


It shows 48,031.25

It should read ( $8,031.25 )

Thanks again

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ZB quotes

When you see a quote for ZB as "148.21" that means 148 21/32 or converted to 148.656 -- if you sell ZB at "148.21" and exit at "148.01" which means 148 01/32 and converts to 148.031-- then you've earned/profited by $625 or 20 ticks...each tick is 1/32nd

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Keab
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ZB/ZN futures - what is the initial balance?

Hi there, sorry to hijack the thread a bit (a lot).

I use market profile and am not 100% sure what the times are that constitute the initial balance for market profile calculations. Anyone got any ideas/know for sure? I would guess it's 9.30-10.30am ET but then it could also be 8.30-10.30am on days when news comes out at 8.30??

Any help is appreciated. ZN works great with 5 day/10 day composite profiles and would like to drill it down to the dailies and that initial balance...

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Hi dano0726,
does this calculation seem accurate please..... just wrote it all out from the chart itself

Thanks again

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21 ticks

yes -- 21 ticks in ZB is $656 (rounded)....

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bootsyjam View Post
Hi there, sorry to hijack the thread a bit (a lot).

I use market profile and am not 100% sure what the times are that constitute the initial balance for market profile calculations. Anyone got any ideas/know for sure? I would guess it's 9.30-10.30am ET but then it could also be 8.30-10.30am on days when news comes out at 8.30??

Any help is appreciated. ZN works great with 5 day/10 day composite profiles and would like to drill it down to the dailies and that initial balance...

as it open at 720 i used to use 720 /820ct, but you need to ve aware of bund+usa open

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