Opening Range Play in FGBL - Traders Hideout | futures io social day trading
futures io futures trading


Opening Range Play in FGBL
Updated: Views / Replies:5,997 / 14
Created: by max-td Attachments:4

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 Ė 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 donít 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
 4  
 
Thread Tools Search this Thread
 

Opening Range Play in FGBL

  #1 (permalink)
Elite Member
Frankfurt
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: FGBL 6E B4
 
max-td's Avatar
 
Posts: 1,754 since Jun 2009
Thanks: 2,309 given, 917 received

Opening Range Play in FGBL

hi,
lazy morning today in EU - so i designed a small range-play-setup arround the Opening-Range-Ideas from TAJ.
First pics here are on FGBL 4 Range chart.

max-td
Attached Thumbnails
Opening Range Play in FGBL-2009-06-26_120938.png   Opening Range Play in FGBL-2009-06-26_121226.png  
Reply With Quote
 
  #2 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,030 received

max,

Starting Jan 4 I'm trading full time which means trading European hours. So far I'm planning on trading Euro & Euro Stoxx 50. I'm currently looking at Euro Bund and that's how I found this post.

Your opening range is 9-9:15. What timezone? From what I see FGBL opens earlier than that.

How else do you trade FGBL? I'm looking at simple breakouts of S/R.

Reply With Quote
 
  #3 (permalink)
Administrator: Retired Backtester
 Vendor: speedytradingservers.com 
Rennes France
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: IB/Kinetick
Favorite Futures: Futures
 
sam028's Avatar
 
Posts: 3,366 since Jun 2009
Thanks: 3,572 given, 3,982 received


Max is maybe using 9:00-9h15 because like FDAX/FESX/FCE/... and others futures on indexes, where open at 08:00 CET, volume and real activity starts at 09:00.

Success requires no deodorant! (Sun Tzu)
Reply With Quote
 
  #4 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,030 received


sam028 View Post
Max is maybe using 9:00-9h15 because like FDAX/FESX/FCE/... and others futures on indexes, where open at 08:00 CET, volume and real activity starts at 09:00.

I believe the german stock market opens at 9am and that's why those get active then. But for the interest derrivatives, I don't think they're linked to any specific cash market. Like bonds & the notes in the US, they open at 8:20.

Reply With Quote
The following user says Thank You to cunparis for this post:
 
  #5 (permalink)
Senior Member
sea side
 
Futures Experience: None
Platform: NinjaTrader
 
Posts: 217 since Dec 2009
Thanks: 86 given, 25 received

Cunparis,

On Eurex website mentioned open at 8.00 CET.
How you figured out that they open at 8.20 like in US ?
I'm trying to know is there in EU any pits where bonds and notes traded, like in US ?
I've also noted that usually main activity starts somewhere at 9.00 am


Krgds,
Andrew


cunparis View Post
I believe the german stock market opens at 9am and that's why those get active then. But for the interest derrivatives, I don't think they're linked to any specific cash market. Like bonds & the notes in the US, they open at 8:20.


Reply With Quote
 
  #6 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,030 received

I said like the us bonds markets which open at 8:20.

Reply With Quote
 
  #7 (permalink)
Senior Member
sea side
 
Futures Experience: None
Platform: NinjaTrader
 
Posts: 217 since Dec 2009
Thanks: 86 given, 25 received

Cunparis,

My intention was not to "correct" you, but to look deeper in that issue.
I've noted that US bonds also "wake up" when some EU activity starts, so I want to know more about it.
I already wrote to Sharky with question whether he know any "serious" pits in EU where bonds traded, but he, what is logical, focused mainly on US pits / market

Krgds,
Andrew


cunparis View Post
I said like the us bonds markets which open at 8:20.



Last edited by Andrew; January 16th, 2010 at 09:16 AM.
Reply With Quote
 
  #8 (permalink)
Just starting out...
Amsterdam
 
Futures Experience: Intermediate
Platform: Ninjatrader
Broker/Data: Amp Futures/Zen-Fire
Favorite Futures: ES
 
Posts: 2 since Nov 2009
Thanks: 0 given, 4 received

As far as I know there are no pits in the mainland EU where bonds are traded. Maybe in the UK there are pits, but I am not sure about that.

Eurex is fully electronic just like Globex in the US, and there are no pits in Germany. Hope this helps to answer your question.

Reply With Quote
The following user says Thank You to traderhb for this post:
 
  #9 (permalink)
Senior Member
sea side
 
Futures Experience: None
Platform: NinjaTrader
 
Posts: 217 since Dec 2009
Thanks: 86 given, 25 received

Traderhb,

Thank you for info, seems there are really no any pits in EU, but why they, as Cunparis correctly noted, start their main activity at 9.00 morning whereas Eurex open since 8.00 morning ?

Making coffee before morning trading ?

Krgds,
Andrew


traderhb View Post
As far as I know there are no pits in the mainland EU where bonds are traded. Maybe in the UK there are pits, but I am not sure about that.

Eurex is fully electronic just like Globex in the US, and there are no pits in Germany. Hope this helps to answer your question.


Reply With Quote
 
  #10 (permalink)
Just starting out...
Amsterdam
 
Futures Experience: Intermediate
Platform: Ninjatrader
Broker/Data: Amp Futures/Zen-Fire
Favorite Futures: ES
 
Posts: 2 since Nov 2009
Thanks: 0 given, 4 received


The reason that the main activity starts at 9:00 CET is because all the European stock marktets (and the related indices DAX, EUROSTOXX50, CAC40, FTSE100 AEX25) start trading at that time. But all the futures of these underlying indices start trading one hour earlier at 8:00 CET.

Reply With Quote
The following 3 users say Thank You to traderhb for this post:

Reply



futures io > > > Opening Range Play in FGBL

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
Opening Range Breakout (EasyLanguage, automated) Big Mike Elite EasyLanguage Automated Trading 48 October 4th, 2016 06:49 PM
ORP (Opening Range Projections) TAJTrades Traders Hideout 13 May 29th, 2011 04:17 AM
Can an opening range be used to determine type of day? Big Mike Traders Hideout 23 February 22nd, 2011 01:52 PM
10 tick open range play... Jugador Traders Hideout 21 December 30th, 2009 01:35 PM
Opening Range Indicator msocks The Elite Circle 0 September 16th, 2009 12:58 AM


All times are GMT -4. The time now is 05:59 PM.

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 2017-12-12 in 0.12 seconds with 20 queries on phoenix via your IP 54.167.44.32