Any one trade bund outright?

I am new to bund trading. Could you share your view?

TIA

 

easier to swing trade it than intraday imo.

 

Dumb question:

How does one know when there will be spikes in volatility around 8 am EST?

 

I occasionally take a peak @ at an Economic calendar!

http://www.dailyfx.com/story/calendar/weekly_focus/7108_global_economic_calendar_for_week_of.html

 

Compared to other Eurex products (e.g. eurostoxx50 or dax future)
is the most unpredictable....intraday.
You need a casino-strategy

 

Thanks, that's what I was looking for.

 

So it was a US report that caused the spike?

USD Change in Nonfarm Payrolls 8:30
USD Unemployment Rate 8:30
USD Change in Manufact. Payrolls 8:30
USD Average Hourly Earnings (MoM) 8:30
USD Average Hourly Earnings (YoY 8:30

 

I do not trade or watch The Bund, but if I had to guess it was "squaring of Positions" in front of the 8:30AM release of January US Employment numbers.

Since you know have the calendar of worldwide Econ releases, why not watch them ALL and see what happens to your Bunds?

Just an idea!

 

I think it is possible to scalp the Bund. The Flipper used to take only 3-5 ticks profit per trade. Whatever suits your style!

http://www.trading-naked.com/paul_rotter.htm

 

imo this is the most difficult product out there