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What are the slower instruments?


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What are the slower instruments?

  #1 (permalink)
 
drunkcolonel's Avatar
 drunkcolonel 
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Hi Friends,

Reading a lot of posts here, you'll hear about CL (oil) and all its volatility and roller coaster price action. I was curious, if CL is considered to be at one end of the price action spectrum of fast/volatile... then what instruments would you consider to be as being on the opposite side of the spectrum slow/boring/yawn worthy? Just curious because ---there really are a whole lotta instruments out there that I've never even heard of!

Thanks for your thoughts!
Curt

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  #2 (permalink)
 
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 Devil Man 
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drunkcolonel View Post
Hi Friends,

Reading a lot of posts here, you'll hear about CL (oil) and all its volatility and roller coaster price action. I was curious, if CL is considered to be at one end of the price action spectrum of fast/volatile... then what instruments would you consider to be as being on the opposite side of the spectrum slow/boring/yawn worthy? Just curious because ---there really are a whole lotta instruments out there that I've never even heard of!

Thanks for your thoughts!
Curt

@drunkcolonel what I would consider opposite of crude volatility is bonds, 30 years (ZB) and 10 years (ZN) at the moment. Currency futures seem to be a little slow right now as well....but all that is subject to change. We are about to enter the trading season day after labor day so expect range and volatility to increase significantly. Crude structure has been very tradeable especially compared to a few years ago when we were at $100 bucks a barrel and $1000 dollar spikes were quite common.

cheers

DM

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  #3 (permalink)
 
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 josh 
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If you want "paint dry", most extreme side of the boring spectrum, Eurodollar futures are the most boring. So boring that it's really only an institutional product and no one else trades them. We're talking super deep book (many many thousands per price), daily ranges of 6-10 ticks .. yeah, boring. Again, this is not a retail product but it's CME's most traded product, more volume than ES (you have to look across the whole curve, years out, as this is an interest rate product). But since you asked...

https://www.cmegroup.com/markets/interest-rates/stirs/eurodollar.html

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  #4 (permalink)
 
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 bobwest 
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josh View Post
If you want "paint dry", most extreme side of the boring spectrum, Eurodollar futures are the most boring. So boring that it's really only an institutional product and no one else trades them. We're talking super deep book (many many thousands per price), daily ranges of 6-10 ticks .. yeah, boring. Again, this is not a retail product but it's CME's most traded product, more volume than ES (you have to look across the whole curve, years out, as this is an interest rate product). But since you asked...

https://www.cmegroup.com/markets/interest-rates/stirs/eurodollar.html

I'm grateful to have found the most boring instrument in the world.

I guess.

Bob.

When one door closes, another opens.
-- Cervantes, Don Quixote
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  #5 (permalink)
 
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 josh 
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bobwest View Post
I'm grateful to have found the most boring instrument in the world to trade.

I guess.

Bob.

No Bob, no way -- you don't trade Eurodollar futures... how? You must be the only one on FIO?

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  #6 (permalink)
 
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 bobwest 
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josh View Post
No Bob, no way -- you don't trade Eurodollar futures... how? You must be the only one on FIO?

No, I didn't mean I actually trade them. I just meant I didn't know before what was the most boring in existence, and now I do.

I was "grateful" for the knowledge of what is the most boring. Maybe I could have said this better.... There's not an emoji for "tongue in cheek," unfortunately.



Bob.

(Edited my earlier post to take out the most boring "to trade" part, and leave it as just "most boring.")

When one door closes, another opens.
-- Cervantes, Don Quixote
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 Anagami 
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drunkcolonel View Post
Hi Friends,

Reading a lot of posts here, you'll hear about CL (oil) and all its volatility and roller coaster price action. I was curious, if CL is considered to be at one end of the price action spectrum of fast/volatile... then what instruments would you consider to be as being on the opposite side of the spectrum slow/boring/yawn worthy? Just curious because ---there really are a whole lotta instruments out there that I've never even heard of!

Thanks for your thoughts!
Curt

It is also a function of the timeframe that you trade. If you want slower action, zoom out. CL is a lesser beast on higher timeframes, for instance.

You are never in the wrong place... but sometimes you are in the right place looking at things in the wrong way.
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  #8 (permalink)
 
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 drunkcolonel 
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Thanks friends for your responses! Sorry I couldn't respond sooner. Life and work always seem to get in the way of my trading journey.

But what a great conversation, I really appreciate everyone's input. Yeah it's just so interesting, I was digging around in Sierra Charts, and just saw so many different things to trade that I've never even heard of and it got me wondering...

- Diammonium Phosphate
- Black Sea Wheat
- Soybean Oil
- Nonfat Dry Milk
- USD Demoninated-Ibovespa? whut? lol
- Cheese Cash Settled

On the forums here you read mostly about the more popular instruments, oil, ES, the currencies, even treasuries and so these things I've experimented with on my charts to find what works with my personality, and yes, I do tend to like slow things while I still learn my way... @devilMan yep you're right about them treasuries! ---but yeah, there is a lot to learn and also discover, which is why I was asking if others trade some other slower products and what they might be.

now..... if I could only find Freeze Dried Orange Juice Futures....




Thanks everyone,
Curt

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  #9 (permalink)
 
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 nothingbutprofits 
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You are right.

I played with GE charts - yes, it's very booooring. Not much $$ to make from it.

You can see the results by using my favorite futures profit calculator:

https://www.danielstrading.com/trading-resources/futures-calculator

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