Anyone trading Schatz futures (FGBS) in here?

Jura · February 1st, 2012, 02:41 AM

I'm wondering if someone here trades Schatz (German 2yr bond) fixed income futures? If so, how do you trade it? Which time frame etc?

I'm backtesting this market now (for some subjective reason I like it), but don't know what to make of the price action. For example, yesterdays range was whopping 12 ticks:

Though I like a challenge, I'm somewhat doubtful if such a market is even tradeable. Any input on that?

Thanks in advance

traderwerks · February 1st, 2012, 07:41 AM

Jura

Though I like a challenge, I'm somewhat doubtful if such a market is even tradeable. Any input on that?

Thanks in advance

I tried before and it was not easy. That was a couple of years ago and the price action still seems untradable. I think there are more spreaders in that instrument.

Have you tried the Bund ?

Just my $0.02

Jura · February 1st, 2012, 11:41 AM

traderwerks

I tried before and it was not easy. That was a couple of years ago and the price action still seems untradable. I think there are more spreaders in that instrument.

Have you tried the Bund ?

Thanks TraderWerks for your input. Perhaps a focus on the Bund would indeed be a more fruitful use of my time.

Any opinion on a "good" time frame?

February 1st, 2012, 01:10 PM

No affiliation with this blog, but i think he trades all the German bonds and has posted several videos showing his trading methodology - Day in the Life of a Bond Trader

traderwerks · February 1st, 2012, 08:30 PM

Jura

Thanks TraderWerks for your input. Perhaps a focus on the Bund would indeed be a more fruitful use of my time.

Any opinion on a "good" time frame?

I traded the first few hours of the day. 15 min for S/R lines but not trading.

Trading was on the DOM so a time frame doesn't really apply.

Anyone trading Schatz futures (FGBS) in here?

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Anyone trading Schatz futures (FGBS) in here?