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Re: Any CBOT Bond futures traders on this list ?



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--- John Blucar <blucar@xxxxxxxxxxxxxxxx> wrote:
> Seems lately they have exhibited much more trending
> than SP and ES --- as well as healthy price
> movement. On the other hand index futures average
> daily range has contracted --- and price action is
> way spasmo quite often.

Volatility lately has been much higher than normal --
which is great, but hard to say how long it will last.
 And it's a slow period seasonally for indexes (it
won't get better before Labor Day).
 
> On my charts each electronically traded "handle" of
> 5 Bond ticks is worth $156.25 compared to each ES
> point of $50.

A "handle" is the big figure, as in 105-, 106-.  A
tick is the 32nd after the handle.  So 1 tick =
$31.25, one handle/point = $1000.
 
> Only problem I see is that CBOT does not allow stop
> limit orders ---- so you would have to accept a lot
> more slippage on entry fills . . .

Use a broker who will hold them on a server?  I think
IB does this.

b

=====
Brian J. Haag
brian_haag@xxxxxxxxx