[brownsfan019]

Originally Posted by AbeSmith »

Thanks. I'll check them out. Actually I traded the TLT etf today, which appeared to be following closely the ZN. ZN is too expensive per tick for me and where I'm at with my trading currently, but I like the way it moves. How much is commission with ZB, ZN, and ZF? You might get cheaper commission if you trade the TLT with Inteactive Brokers. Less than $2 round trip for 700 shares I think, which would equal one ZB contract, both will move about $7 per tick, but probably lower commission with the etf.

That's how I trade the YM actually, through DIA etf, and pay less than $2 commission round trip, and get to lower my risk per tick as well.

Commissions is one part of the equation.

Taxes are a HUGE part of the equation as well. You can't beat futures taxation (currently).

Also, 1 tick on the ZB or ZB is $15.625.

[AbeSmith]

Originally Posted by brownsfan019 »

Commissions is one part of the equation.

Taxes are a HUGE part of the equation as well. You can't beat futures taxation (currently).

Also, 1 tick on the ZB or ZB is $15.625.

Ok. What about electing MTM on the equities? Is it still better to stick with futures, with the lower commission of equities taken into account?

[brownsfan019]

Originally Posted by AbeSmith »

Ok. What about electing MTM on the equities? Is it still better to stick with futures, with the lower commission of equities taken into account?

If you are profitable, futures taxation will beat all other factors IMO. If you are not profitable or minimally profitable, could be a wash either way.

[AbeSmith]

Treasury sells 30-year bonds at 4.72%

MarketWatch.com Story

This caused a huge rally in the ZB today, and a rally happened at the same time in the indexes.

The ZB rallie looked very easy to trade if you were prepared for it. But Forex Factory calendar made no mention of the treasury sale. Where do I get the schedule for these Treasury sales?

[ochie]

Barron's includes the Treasury announcements and auctions HERE.

[AbeSmith]

Originally Posted by ochie »

Barron's includes the Treasury announcements and auctions HERE.

Excellent. Thanks. I used to use the Econoday calendar, but Forex Factory has a very nice setup so I've been using it instead. I'm suprised Forex Factoy doesn't have that info, because the USD also dropped alot at that time.

[brownsfan019]

Originally Posted by ochie »

Barron's includes the Treasury announcements and auctions HERE.

That's the one I use and you can clearly see at 1pm today there was the 30 yr auction.

Buyer beware though Abe - watch how the ZB operates on releases, it's not always one quick move to the upside.

[ochie]

The CME is going to increase the 30-Year back to 1/32 (31.25/tick) at the end of August. This separates the contract from the 10-year as both shared the same ½ of 1/32 increment. The Press Release can be found HERE.