• I’ll chime in on the IMM seats as a longtime member who has always tracked the seat market closely. The main reason why seats continue to decline is that there are really no new independent speculators because anyone new coming into the industry starts at a proprietary trading firm and tends to stay there or move to another rather than go…[Read more]

  • I’ll agree that we have to trade the market we have rather than the one we want and instances like this require more discipline, intense focus on order book placement and using more ratios to try and make up for the lack of 1:1 ranges.

    6m spreads have been my focus but now I’ve started to get into 9m spreads which are trading much more than…[Read more]

  • I’ve been trading eurodollars for a decade and half but these recent ranges must be amongst the tightest ever. As a few examples on a one month lookback, 3m spreads excluding the first couple have a range of 1.5-2 ticks through the golds, 12m spreads excluding the first couple have ranges from 5.5-7 through the golds.

    Zero interest rates…[Read more]

  • euroflies replied to the topic Suggestions in the forum Main Forum 5 years, 4 months ago

    Yeah I can understand that it’s not a great idea to open up anything which would attract spam. I was just suggesting to get a dialogue going on what tools or sources people utilize.

    MNI is good for news flow and has a good signal/noise ratio compared to various squawk services that tend to flood information. In such an algo driven market like…[Read more]

  • euroflies replied to the topic Suggestions in the forum Main Forum 5 years, 4 months ago

    Any interest in putting up an ‘other resources’ topic to discuss various ED specific resources they utilize? For instance, one item I wish I would’ve known about earlier is MNI Fixed Income bullet points which provides good summary throughout the day at a very reasonable $175/month.

  • November hasn’t provided many opportunities to trade and I feel that December is going to be a much slower month. As I read elsewhere, “anyone w/profits on the year is looking to protect them and anyone without profits is looking to keep their job so neither will be putting on much risk.” I’ve been trading euros for a over a decade and for the…[Read more]