Need some one to post the chart I have been trying to extract the chart from my trade Station software but can't work it out
nugya eurostoxx is traded on eurex and its 10 euros a point its great to have leading indicators, but it does mean u r second guessing the effect of one on the other, and if the intermarket relationship had already gone out of step, a movement in the leading indicator, may just bring it back in step secrets if u r going to trade off any lagging indicators, always bear in mind that u might always be one step behind, and also that it is the effect to the market with the indicator which is your trading key, a rule in the markets is only a rule until it is a rule!
I amaze my self it worked. Well come on lets have some feed back (any does not matter if right wrong or what ever) Oh and lets keep the feed back positive as if there is one thing I have learnt on these boards that negative feed back and back stabbing is only provided by thoese who do not and never will make money. So let learn how we would make money from each others ideas. Remember there is not best idea only edges and it is irrelevant if your edge makes more money than mine as the real money is in how we increase and decrease the number of contracts traded. So how are we going to make money off this data ?
Secrets, Aren't Bunds are very sensitive to interest rates and economic climate?I wish there was another space of your chart where it would show us the dates of BoE or ECB or Federal Reserve meetings so we could see the movement of the chart during those days regards
the chart is daily bars and on days of interest rate announcements the markets tend to thrash around at the time of the announcement so if day trading stay away and if longer term it does not really matter as the market tends to accurately predict what the central bank is going to do. I am a technical trader so I ignore announcements other than to avoid those days if day trading. If you are going to look at announcements then you have to trade from a fundamental basis (cant help you there) which I believe needs a longer term view.
it the daily price movment of the bund futures on a back adjusted chart. I don't trade the Bund so I don't know the symble but thought as it is a European market it would be more apropriate than the T Bond which I do trade. Any way if you look at the bund futures price data you should see the same thing as my chart all be it for a shorter period of time if not using back adjusted data.
nugya, www.eurexchange.com - marketplace - products - overview - capital market products - Euro Bund Future