Best Thread Bund Bobl and Schatz Thread

buy 'em

Active member
126 3
Hey everyone! Im new to trade2win and this is my first post. A little about me. I am very young, have been in the markets for a little over 2 years now. Currently am a position trader and also trade the schatz intra day from 3am chicago time-7am chicago time. While my position trading has always been pretty successful (I still consider it my bread and butter), I struggled to be successful at intra day trading. I tried just about every single contract out there that was possible to trade and then I finally came to eurex fixed income. Everything just started to click after that and I have been trading the schatz ever since.

I thought this thread would be a great place for all the bund bobl and schatz traders to congregate. A place that traders can share thoughts about the market, what trades they currently have on, advice to newbies, etc.

Hope everybody enjoys each other's company and I hope this thread is successful.

Good Trading
 

Richie_A

Junior member
39 1
Hi buy 'em, I'm about to start taking my first real trading steps trading the bund, bobl & shatz. I've been spreadbetting up until this point and just recently opened a brokerage account so I am happy for any advice you can give me. I'm using a trending system at the moment.

All the best
Rich
 

grantx

Senior member
2,331 223
Richie,

I'm talking from a scalping perspective here.Buy 'em probaly knows more than me but I would suggest trading the bobl or schatz to start - the bund can be pretty wild at times (but so can the bobl).

Further, the bobl and schatz trade in 1/2 point increments (1-point for the bund). For me, this provides a psychological advantage in that when watching the DOM and the market starts to run away from you, the relative rapidity of price change in 1/2 point increments creates a greater sense of urgency to close. And you do.

Grant.
 

Richie_A

Junior member
39 1
Right bobl & shatz. At the moment I'm about to start trading the futures on a IB simulated account just to get used to how the software and margin works. (Bit off topic) Could you recommend any other non-wild futures that are good to start with?
 

arabianights

Legendary member
6,725 1,377
STIRs are probably the least wild. Sometimes not even wild enough to trade with reasonable profit unless you take a big position (and so risk a huge loss with a black swan event) - it's common for the front months to only have a couple of ticks range in the entire day.
 

Richie_A

Junior member
39 1
Hi arabianights, please check your PM inbox, I've sent a couple of questions about STIRs. (Trying not to change the thread)
 

buy 'em

Active member
126 3
Richie

I agree with grantx. Start by trading either the schatz or bobl first before moving to the bund. I myself have always traded the schatz and have no desire to start trading the bund or bobl. The reason the schatz is imo superior to the other two is becuase of the following. #1 schatz is half tick. #2 schatz is less volatile. #3 schatz lags the bund and bobl as a rule.

You could have an argument to trade the bobl over the schatz but I find that the bobl can be hard to trade off of using orderflow. The reason is that the bobl is the belly of the curve and is spread against every other part of the curve so a lot of times the moves won't make since compared to what the bund and schatz are doing. Looking at a chart I think the schatz is a little more crisp and has sharper moves.

Glad this thread is gaining some interest!
 

buy 'em

Active member
126 3
By the way stirs can be very good products to trade but unless you are spreading them against other months its tough to just scalp the market due to the tight ranges and huge bid/offers on a pro rata algorithm.

If you are going to scalp them make sure you don't scalp the front month and instead scalp something with a little more volatility. Also be aware of what the other months are doing so you can keep track of what the spread traders (majority) are doing.

I appreciate you trying to keep the thread on topic
 

buy 'em

Active member
126 3
Well looking towards tomorrow.......I have resistance up here for the schatz and expect it to break hard tomorrow. If we can break through .88 with some conviction I think we could trade lower all day long.

On the other hand a break above .94 and that would set the tone for a higher trade tomorrow.

However my bias is lower tomorrow.

Thoughts about tomorrow's trade in eurex fixed income?
 

grantx

Senior member
2,331 223
Buy 'em,

Maybe I should start looking at the Schatz more closely.

Thanks for the info.

Grant.
 

buy 'em

Active member
126 3
Well im done for the day. Everything happened exactly as I thought. We broke below .88 early. Had some shorts pre placed at .88 and road them to .805

So that was my biggest trade of the day and I wasn't even out of bed for most of it lol!

Not really much going on after that. Just playing the trend we have going right now in the schatz for a few ticks but like I said im done for the day.

Good Trading Guys
 

grantx

Senior member
2,331 223
Buy 'em,

Hope you managed to get your 88 after the gap; also the high on heavy volume. Good call.

Grant.
 

buy 'em

Active member
126 3
Yeah actually I did get it right about at the open. My order was pre placed ahead of time so it worked out great! Hope you guys all had some pretty good luck today as well. (my calls usually aren't that good but hey it worked out today lol)

Looking at the chart after today's session ended and it looks like we held some key support at .735 If we can start trading higher tomorrow early we might be in for a pop. If we break through today's low I think another big round of selling is on its way.

Thoughts anyone?
 

buy 'em

Active member
126 3
Glad you are joining us.

I will try to post some of my longer term day trades on this thread (to hard for me to post all of my scalps).

Good Trading everyone.