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hi,
lazy morning today in EU - so i designed a small range-play-setup arround the Opening-Range-Ideas from TAJ.
First pics here are on FGBL 4 Range chart.
max-td
Can you help answer these questions from other members on NexusFi?
Starting Jan 4 I'm trading full time which means trading European hours. So far I'm planning on trading Euro & Euro Stoxx 50. I'm currently looking at Euro Bund and that's how I found this post.
Your opening range is 9-9:15. What timezone? From what I see FGBL opens earlier than that.
How else do you trade FGBL? I'm looking at simple breakouts of S/R.
Max is maybe using 9:00-9h15 because like FDAX/FESX/FCE/... and others futures on indexes, where open at 08:00 CET, volume and real activity starts at 09:00.
I believe the german stock market opens at 9am and that's why those get active then. But for the interest derrivatives, I don't think they're linked to any specific cash market. Like bonds & the notes in the US, they open at 8:20.
On Eurex website mentioned open at 8.00 CET.
How you figured out that they open at 8.20 like in US ?
I'm trying to know is there in EU any pits where bonds and notes traded, like in US ?
I've also noted that usually main activity starts somewhere at 9.00 am
My intention was not to "correct" you, but to look deeper in that issue.
I've noted that US bonds also "wake up" when some EU activity starts, so I want to know more about it.
I already wrote to Sharky with question whether he know any "serious" pits in EU where bonds traded, but he, what is logical, focused mainly on US pits / market
Thank you for info, seems there are really no any pits in EU, but why they, as Cunparis correctly noted, start their main activity at 9.00 morning whereas Eurex open since 8.00 morning ?
The reason that the main activity starts at 9:00 CET is because all the European stock marktets (and the related indices DAX, EUROSTOXX50, CAC40, FTSE100 AEX25) start trading at that time. But all the futures of these underlying indices start trading one hour earlier at 8:00 CET.