DAX gap

This is a discussion on DAX gap within the Indices forums, part of the Trading Choices category; pimplico - are you trading this, how are you getting on ?...

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Old Jun 2, 2011, 8:27am   #9
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Default Re: DAX gap

pimplico - are you trading this, how are you getting on ?
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Old Mar 25, 2013, 4:53pm   #10
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Default Re: DAX gap

have a look at the ''dax breakfast club''

they do this successfully.

I'm wondering whether trading dax (dbf) out of hours can use the 1630 close as a magnet/target on the swing trend.

Looks like high probability trades when you're swinging back. Kind of like a pivot point.

Has anyone else noticed this and checked the statistical probability of it?
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Old Mar 25, 2013, 10:17pm   #11
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Default Re: DAX gap

He doesn't mean an ''actual gap'' on the chart (like an empty space drop down),
he basically means trading in the direction of hoping for a reversal of what the Dax did during the overnight asian session.

For example if Dax cash closes at 5pm UK time at 7,830,
during USA and Asian overnight session it rises to 7,860 at 6:59am,
next day at 7am when it 'officially' reopens it will be at 7,860.

And so he would then short-sell it with a target of 7,830.
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