Trading with GB

Guy Bower

GB’s podcasts are short and sharp educational broadcasts looking at market trivia, stats, specs, opinions and experience trading the markets. In the latest series, we look at one market at a time.

  1. New Micro Crude Oil is Big News

    07/14/2021

    New Micro Crude Oil is Big News

    References: https://t.me/spreadtradarbot Telegram Spread and Scalp Chat Paid Group.  www.MasterClassTrader.com/specials - Current discounts for coursework on Order Flow and Spreading.  -  The new ‘micro’ crude oil contract was listed this week on the CME. So far so good it seems.  About Micros The micro is not a different style of futures contract from other futures. It simply refers to the contract size. They are smaller. The upside is smaller, downside is smaller, and comms are smaller. Details: It is 1/10th of the regular size contract. It’s a 100 barrel contract (v 1000 barrels).For every dollar move in crude oil, the contract moves $100 ($1000 for the biggie).The tick size is 1 cent. That’s worth $1 ($10 for the big contract). The initial margin is $530. Tips for traders: OK, here are some ideas to get started or think about:  Watch the full contract – both charts and DOM. Micro for execution only. The reason being is the big contract will is trading more often (for now). That means levels and other technical readings will be more reliable from the big contract.Work limit orders. There’s no need to pay up on the spread, but if you do it doesn’t matter given $1 per tick. While the market develops however, don’t feel the need to rush your execution. Watch deferred contracts as they develop (for spreading).Make sure your broker has reduced commissions for micros and SPAN margins. Learn More About Scalping and Spreading? Check my courses at MasterClassTrader.com. This market can be used in both the DOM Bootcamp and advanced spread course.  Check out the special page for a current bundled deal.  Also check out my new Telegram chat group subscription for spreader and scalps. The link is below. It’s a deliberately small group for active traders, all there talk about trades and help each other.  Coming up, well next month we have micros in the treasuries, which I think will be fantastic. We’ll talk more about it when they launch. Until then, good trading. GB

    15 min
  2. What You Didn't Know About Data Releases

    07/01/2021

    What You Didn't Know About Data Releases

    In this podcast, I talk about my experiences with data releases, from my early days collecting data for publishing to a few trading ideas for data days. Interesting stuff.    -------------------------------------------------------------  To learn more about order flower and spread trading, grab a nice little discount here: https://masterclasstrader.com/specials Follow me on TradingView and get a discount on a paid plan: https://tinyurl.com/tradarienTV Get cool Tradarien Trading Merch here: https://streamlabs.com/gb5150/merch Join the Email group and learn more about expert trader training: https://tradarien.com/ Join the Telegram for updates: https://t.me/tradarien    -------------------------------------------------------------    ----Stuff I use for Audio & Video Production: -----  Elgato Stream Deck XL: https://amzn.to/3u4Dmcw - highly recommended! I have two XLs. Blue Yeti Microphone: https://amzn.to/3u4Dmcw - Love this! I have two of these too. OBS - Streaming software. Philips Hue Lights. Easy to buy too many of these! https://amzn.to/3omAjud Roccat AIMO keyboard: https://amzn.to/3eRTvNl  Various graphics platforms.    -------------------------------------------------------------    ----Stuff I use for Trading: ----- TradingView and Sierra Charts. Seasonalgo.com for seasonal data (paid and current customers receive 20% off). Various web based crypto platforms and news channels.    -------------------------------------------------------------  Music: Various tracks from Kevin MacLeod (incompetech.com). Licensed under Creative Commons: By Attribution 4.0 License http://creativecommons.org/licenses/by/4.0/. Plus Streambeats royalty free on Spotify.

    16 min
  3. New Micro Treasury Yield Futures - Get In There!

    06/10/2021

    New Micro Treasury Yield Futures - Get In There!

    This one is for all our DOM MasterClass Students and others interested in the interest rate markets. The CME have just announced a series of new rate contracts. The new contacts are quoted in yield, not the usual price format. That alone is interesting and takes a small complexity out of the trading process. And hot of off the heels of heels of the popular micro equity contracts, these ones will also be micro sized. There are 2yr, 5yr, 10yr and 30yr contract each with a $1 tick size, being 1/10th of a basis point. That makes a DV01 of $10, compares with the current Ultra Bond $345. Like the micro equity contracts, that means good potential to trade spreads or simply scalp the long end without the potential bottom line volatility. They launch mid-August, and we will look at them more then. Hopefully they will be something we will add to the trading kit. If you are new to, or rusty on, Treasury futures, please check out my other podcasts. DOM MasterClass Specials: https://masterclasstrader.com/specials/ ------------------------------------------------------------ Follow The Tradarien on TradingView and get a discount on a paid plan: https://tinyurl.com/tradarienTV Get cool Tradarien Trading Merch here: https://streamlabs.com/gb5150/merch Join the Email group and learn more about expert trader training: https://tradarien.com/ Join the Telegram for updates: https://t.me/tradarien My Trading MasterClasses: www.MasterClassTrader.com ------------------------------------------------------------ Stuff I use for trading: Sierra Charts and TradingView. Seasonalgo.com for seasonal data (masterclasstrader.com users receive 20% off). Various web based crypto platforms and news channels. ------------------------------------------------------------ Music: Various tracks from Kevin MacLeod (incompetech.com). Licensed under Creative Commons: By Attribution 4.0 License http://creativecommons.org/licenses/by/4.0/. Plus Streambeats royalty free on Spotify.

    5 min

Ratings & Reviews

4.7
out of 5
3 Ratings

About

GB’s podcasts are short and sharp educational broadcasts looking at market trivia, stats, specs, opinions and experience trading the markets. In the latest series, we look at one market at a time.