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Old 02-15-2009, 03:48 AM   #25

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Re: Bond Futures, Not Sexy but Worth a Look!

Thank you for your help Brownsfan and Ronin.

Brownsfan, I was trading ZB on January 16 of this year and the bid/ask was as high as a gap of 6 ticks. Do you recommend a timeframe to start with?

Much appreciated,

Chris
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Old 02-15-2009, 01:38 PM   #26

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Re: Bond Futures, Not Sexy but Worth a Look!

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Originally Posted by bathrobe »
Thank you for your help Brownsfan and Ronin.

Brownsfan, I was trading ZB on January 16 of this year and the bid/ask was as high as a gap of 6 ticks. Do you recommend a timeframe to start with?

Much appreciated,

Chris
Chris - during 'normal' conditions there is no spread, meaning there is bids/asks on each side. You will however see a spread or gap on the DOM during the big econ announcements - non-farm payroll, etc.

Other than that, the ZB usually has bids/asks 5 levels deep on the DOM. And if the ZB depth is not what you are looking for, the ZN has a ton of depth and volume, with the same $ movements per tick. I personally think the ZB moves more (could be a correlation of lesser volume) but the ZN is a great option as well. I like the ZF too, but less $ per tick so I usually place trades on the ZN or ZB.

Best thing to do is open up a DOM on Tues and see for yourself. OEC customers have access to this data for free, some other data providers will charge extra for it.
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Old 02-23-2009, 10:45 AM   #27

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Re: Bond Futures, Not Sexy but Worth a Look!

Here's a few screenshots of the ZB dom taken last week:









The first one shows where you might see a 1 tick spread depending when you get your order on. That does happen during the day, but most times are pretty standard like the other 2 screenshots.
Attached Thumbnails
Bond Futures, Not Sexy but Worth a Look!-tl1.png   Bond Futures, Not Sexy but Worth a Look!-tl2.png   Bond Futures, Not Sexy but Worth a Look!-tl3.png  
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Old 03-12-2009, 08:35 PM   #28

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Re: Bond Futures, Not Sexy but Worth a Look!

There's a 3 yr note coming: http://www.cmegroup.com/trading/inte...ury-notes.html

So currently the 3 main ones are the ZB, ZN and ZF. This new note could add another market to trade if volume can grab onto it.
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Old 03-13-2009, 12:27 AM   #29

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Re: Bond Futures, Not Sexy but Worth a Look!

How many contacts do you trade normally?
This is an interesting thread.
thanks
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Old 03-13-2009, 12:35 AM   #30

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Re: Bond Futures, Not Sexy but Worth a Look!

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How many contacts do you trade normally?
This is an interesting thread.
thanks
Depends on a variety of factors.

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Old 03-13-2009, 10:32 AM   #31

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Re: Bond Futures, Not Sexy but Worth a Look!

Thanks.
That helps a bit
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Old 03-13-2009, 10:50 AM   #32

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Re: Bond Futures, Not Sexy but Worth a Look!

Just read your comments on the P/L thread. thanks
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