NexusFi: Find Your Edge


Home Menu

 





Switching to Bund/Bobl


Discussion in Treasury Notes and Bonds

Updated
      Top Posters
    1. looks_one Lonhro with 2 posts (1 thanks)
    2. looks_two RADO with 1 posts (1 thanks)
    3. looks_3 ragic with 1 posts (2 thanks)
    4. looks_4 tr8er with 1 posts (2 thanks)
      Best Posters
    1. looks_one ragic with 2 thanks per post
    2. looks_two tr8er with 2 thanks per post
    3. looks_3 RADO with 1 thanks per post
    4. looks_4 Lonhro with 0.5 thanks per post
    1. trending_up 2,626 views
    2. thumb_up 6 thanks given
    3. group 3 followers
    1. forum 4 posts
    2. attach_file 0 attachments




 
Search this Thread

Switching to Bund/Bobl

  #1 (permalink)
 Lonhro 
New Zealand
 
Experience: Intermediate
Platform: Quantower, Tradingview
Trading: Eurex Futures/Crypto
Posts: 14 since Oct 2020
Thanks Given: 9
Thanks Received: 10

Hi team,

I'm making the switch to the Bund/Bobl from Crypto. The reason being is I don't want to do 12 hours/six days a week anymore. I found solid success, but it is unsustainable in the long term (Burnout). So trading the Eurex products for 5 hours/5 days a week is very appealing.

I need to know what economic releases I need to watch out for on a weekly basis with these products? Or if someone can put me in the right direction that would be greatly appreciated. Basically I need to know when I should stay out of the market. Crypto never really had frequent releases/news unless Elon Musk tweeted haha.

Apologies if there is a thread that answers this. I couldn't find a thread that could.

Much love to everyone!

Started this thread Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Exit Strategy
NinjaTrader
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Futures True Range Report
The Elite Circle
Online prop firm The Funded Trader (TFT) going under?
Traders Hideout
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
 
  #2 (permalink)
 RADO 
Melbourne, Australia
 
Experience: Advanced
Platform: SC, TradingView
Broker: CQG/AMP, IB
Trading: SPI, EMD, CL, ZS
Posts: 64 since Oct 2013
Thanks Given: 16
Thanks Received: 82

You might want to consider FESX, FDAX and FDXM since you came from crypto. FESX moves almost the same as FDAX but has a really thick order book with super tight spreads and smaller tick value. FDAX has bigger moves than FESX but a thin order book and wider spreads and a bigger tick value. Eurex recently changed the tick size on FESX from .5 to 1 point. The EUREX treasuries tend to move a bit slow and don't offer as much opportunity as the index futures imo.

All the major economic releases will have an impact. There are usually big moves within the first few hours of the EUREX open then it gets busy again during the U.S open and kind of follows that market.

Out of curiosity what Crypto broker were you using before?

Reply With Quote
Thanked by:
  #3 (permalink)
 Lonhro 
New Zealand
 
Experience: Intermediate
Platform: Quantower, Tradingview
Trading: Eurex Futures/Crypto
Posts: 14 since Oct 2020
Thanks Given: 9
Thanks Received: 10



RADO View Post
You might want to consider FESX, FDAX and FDXM since you came from crypto. FESX moves almost the same as FDAX but has a really thick order book with super tight spreads and smaller tick value. FDAX has bigger moves than FESX but a thin order book and wider spreads and a bigger tick value. Eurex recently changed the tick size on FESX from .5 to 1 point. The EUREX treasuries tend to move a bit slow and don't offer as much opportunity as the index futures imo.

All the major economic releases will have an impact. There are usually big moves within the first few hours of the EUREX open then it gets busy again during the U.S open and kind of follows that market.

Out of curiosity what Crypto broker were you using before?

I found this link which is useful. I guess I answered my own question - https://www.investing.com/economic-calendar/

Thank you for the advice. I actually did have a look at the Dax last week and noticed how remarkably similar it is to volatile altcoin perp haha. Looks like the type of product to scale into a position. So I could try something on the Minidax to test it out. I'm an Orderflow/PA based trader, so I felt maybe starting off in the Bund would have less of a learning curve with the thicker/slower pace. I'll guess I'll find this all out from Monday onwards. I think I'll trade on the simulator and take notes for a month.

I traded on Binance Futures for a Prop Firm remotely. Unfortunately that got banned in Australia, so became unfeasible for the firm. However, I still traded my own account, but didn't get to keep their fee discount haha. Binance Futs/FTX are the best USDT based exchanges. Bybit, Deribit & Bitmex would be better if you use BTC as collateral.

Started this thread Reply With Quote
  #4 (permalink)
 tr8er 
Europe
Market Wizard
 
Experience: Advanced
Platform: TradeNavigator, BookMap
Trading: ES, CL, 6E, 6B
Posts: 704 since Jan 2017
Thanks Given: 220
Thanks Received: 709


Lonhro View Post
Hi team,

I'm making the switch to the Bund/Bobl from Crypto. The reason being is I don't want to do 12 hours/six days a week anymore. I found solid success, but it is unsustainable in the long term (Burnout). So trading the Eurex products for 5 hours/5 days a week is very appealing.

I need to know what economic releases I need to watch out for on a weekly basis with these products? Or if someone can put me in the right direction that would be greatly appreciated. Basically I need to know when I should stay out of the market. Crypto never really had frequent releases/news unless Elon Musk tweeted haha.

Apologies if there is a thread that answers this. I couldn't find a thread that could.

Much love to everyone!

The Bund FGBL is one of the most active contracts worldwide (a lot of professional traders trade it), it is a great product to trade, but you should not trade it before the European open (2 am CT). During the European session there are not a lot of news which move the market (just ZEW or IFO). US-news also move the Eurex-products or move the markets more than European news.

Reply With Quote
Thanked by:
  #5 (permalink)
 ragic 
N. Yorks, UK
 
Experience: Intermediate
Platform: NT8
Trading: ES
Frequency: Never
Duration: Seconds
Posts: 53 since Jun 2011
Thanks Given: 32
Thanks Received: 48

I usually look out for the French and German Flash Services PMI numbers. Was out Apr 22, but they didn't move a great deal this time. The French numbers usually move more than the German numbers. Out at 8.15 and 8.30 UK time.
I follow the FESX, and use ES for a bit of correlation, although FESX has generally been a bit weaker since the war started.

Reply With Quote
Thanked by:




Last Updated on April 24, 2022


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts