FTSE 100 or the DAX for day trading?

Sidekicker · Oct 6, 2011, 9:36am

Quote:

Originally Posted by kalott

Is it the futures or the stocks that move index (short term)

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That's a complicated relationship, both to some extent even though the futures run as a self contained contract.

FulcrumTrader · Oct 13, 2011, 3:32pm

There is something about the order flow action in the DAX which I definitely prefer over the FTSE 100 or even the FESX. I have traded the DAX for many years now and like the CL it has very good price/order flow action with many intra-session trends to work.

DAX Price/Order flow action -

Images | ChartHub.com

pipmaestro · Oct 17, 2011, 11:14am

the dax is more volatile i have found. however if you like volatility try the ITA 40. its a beast

echizen · Dec 13, 2011, 10:32am

Generally DAX isn't worth trading until after the FTSE opens (in terms of point movement). That being said I still prefer trading the DAX. There is a 'follow the leader' issue as the Dow tracks the DAX which tracks the FTSE until the American markets open properly after lunch. Although I don't normally trade the FTSE I can say that if the DAX hits a pivot or Resistance/Support level, it has a reverberation on the movement on the Dow e.g. if DAX hits Resistance level then the Dow will also slow down or reverse trend with it.

Just my 2 pence

Sidekicker · Dec 13, 2011, 10:39am

Quote:

Originally Posted by echizen

Generally DAX isn't worth trading until after the FTSE opens (in terms of point movement). That being said I still prefer trading the DAX. There is a 'follow the leader' issue as the Dow tracks the DAX which tracks the FTSE until the American markets open properly after lunch. Although I don't normally trade the FTSE I can say that if the DAX hits a pivot or Resistance/Support level, it has a reverberation on the movement on the Dow e.g. if DAX hits Resistance level then the Dow will also slow down or reverse trend with it.

Just my 2 pence

Doesn't anyone trade the eurostoxx? Hardly ever hear it mentioned.

Oct 13, 2011, 3:32pm	#10
FulcrumTrader Junior Member Member Since Aug 2009 42 Posts	Re: FTSE 100 or the DAX for day trading? There is something about the order flow action in the DAX which I definitely prefer over the FTSE 100 or even the FESX. I have traded the DAX for many years now and like the CL it has very good price/order flow action with many intra-session trends to work. DAX Price/Order flow action - Images \| ChartHub.com __________________ TrendScalping site has the new PROX Bars

Oct 17, 2011, 11:14am	#11
pipmaestro New Member Member Since Oct 2011 1 Posts	Re: FTSE 100 or the DAX for day trading? the dax is more volatile i have found. however if you like volatility try the ITA 40. its a beast

Dec 13, 2011, 10:32am	#12
echizen Rookie Member Member Since Oct 2011 12 Posts	Re: FTSE 100 or the DAX for day trading? Generally DAX isn't worth trading until after the FTSE opens (in terms of point movement). That being said I still prefer trading the DAX. There is a 'follow the leader' issue as the Dow tracks the DAX which tracks the FTSE until the American markets open properly after lunch. Although I don't normally trade the FTSE I can say that if the DAX hits a pivot or Resistance/Support level, it has a reverberation on the movement on the Dow e.g. if DAX hits Resistance level then the Dow will also slow down or reverse trend with it. Just my 2 pence

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