Least Volatile market

Just a quick survey.

what would you say was the least volatile market, on a daily basis?

one of the commodities perhaps?

fc

Probably the boring ones, eurodollar, shatz, fed funds futures. they do have their moments.

thanks, thought it might be along those lines..

am currently trying to dig up some data on the STIR instruments...

FetteredChinos said:

Just a quick survey.

what would you say was the least volatile market, on a daily basis?

one of the commodities perhaps?

fc

Click to expand...

I like that idea in my own quirky way... a bit like trying to find a chat room with no one in! LOL

I take it you're looking for something a bit more sensible than Finnish ice futures but I couldn't resist it!

just looking for something that can be faded on a regular basis. if its not very volatile, most moves can be faded, expecting a reversion to the mean.

eg, daily breakouts on stock indices retrace about 66% of the time within a couple of days.

on FX, daily breakouts retrace approx 66% of the time (from memory) within 2 days. (usually during the asian sessions)

im after an instrument that tends to have spike moves once in a blue moon that can be faded..

just a few musings, thats all.

fc

fc, i would look at eurodollars / interest rate futures. Eurodollars has large intraday volume but little volatility

just looking for something that can be faded on a regular basis. if its not very volatile, most moves can be faded, expecting a reversion to the mean.

Click to expand...

USD/SEK is not exactly a candidate the "least volatile market", but there does appear to be a constant reversion to the open of almost every bar. SEK charts have long tails on almost every bar.

Can anyone please explain this behaviour, as I don't see this characteristic in any of the majors?

Thanks in advance,
Steve

USD/SEK is not exactly a candidate the "least volatile market", but there does appear to be a constant reversion to the open of almost every bar. SEK charts have long tails on almost every bar.

Can anyone please explain this behaviour, as I don't see this characteristic in any of the majors?

Click to expand...

Ooops, please ignore this. I looked @ SEK a couple of times when I was using eSignal a few months ago. It looked like an amazing (reversion to open) scalping opportunity with every bar having tails 5x the body, but it's just a noisy data feed from GTIS - not real. SEK looks just like all the other pairs on my other feed. Apologies for the noise.

Steve

c6ackp,

It doesn't have the volume of the majors, so is a bit more erratic ,and the wide spread adds to it as well , The Nok and East european currencies can be the same at times too.I tried to take advantage of these spikes with GFT, that was fun.

First time I got in and out within seconds on a spike and made a good profit, 'I thought here comes free money', Second time I tried it got requoted a lot and then got in on one spike but when it showed a good profit I just couldn't get out with it, kept on getting requoted at slightly worse than entry about 13$ on a 5 lot so eventually I took it. About 2 secounds after I was out it ran $1500, so thats when I realized its very difficult to get away with maybe once but that's it.

ASX

Aussie market!

GJ - yes that helps a lot

1 more question on price feeds, though...

I understand now that, based on the underlying SEK behaviour you describe, the GTIS feed must be closer to the RBS/Reuter feed than the other feeds I have access to (and it's not just "noisy" as I had assumed).

I realise that these slight differences in data won't make any difference to the bottom line, but it's nice to understand these differences and why they exist.

So, why do the retail shops offer smoothed prices? Is it to stop scalping? Or perhaps it makes their lives easier or more profitable in some other way(s)?

This is my last post on "noisy" data feeds!!!!

Many thanks.
Steve