FTSE 100 or the DAX for day trading?

This is a discussion on FTSE 100 or the DAX for day trading? within the Indices forums, part of the Markets category; I think it will ultimately come down to your personal preference and depend on what you can read better. Have ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Oct 6, 2011, 3:28pm   #8
 
Nexas's Avatar
Joined Oct 2011
Re: FTSE 100 or the DAX for day trading?

I think it will ultimately come down to your personal preference and depend on what you can read better. Have you also looked at S&P, Dow or Nasdaq?
Nexas is offline   Reply With Quote
Old Oct 6, 2011, 3:36pm   #9
 
Sidekicker's Avatar
Joined Aug 2011
Re: FTSE 100 or the DAX for day trading?

Quote:
Originally Posted by kalott View Post
Is it the futures or the stocks that move index (short term)

News Headlines
That's a complicated relationship, both to some extent even though the futures run as a self contained contract.
Sidekicker is offline   Reply With Quote
Old Oct 13, 2011, 9:32pm   #10
 
FulcrumTrader's Avatar
Joined Aug 2009
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
FulcrumTrader is offline Trading system vendor   Reply With Quote
Old Oct 17, 2011, 5:14pm   #11
 
1 Posts
Joined Oct 2011
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
pipmaestro is offline   Reply With Quote
Old Dec 13, 2011, 4:32pm   #12
Joined Oct 2011
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
echizen is offline   Reply With Quote
Old Dec 13, 2011, 4:39pm   #13
 
Sidekicker's Avatar
Joined Aug 2011
Re: FTSE 100 or the DAX for day trading?

Quote:
Originally Posted by echizen View Post
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.
Sidekicker is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
ftse 100 trading.com scoptions First Steps 65 Jan 4, 2014 3:01am
How Dow, FTSE 100, Nikkei 225 etc trade 24 hours a day? kingfisher3210 Futures & Options 3 Jul 6, 2010 10:34pm
Correlation between FTSE 100 and FTSE 100 Future slyone Futures & Options 8 Sep 1, 2008 5:28pm
Twin Success day trading the FTSE & DAX Adester Spread Betting & CFDs 2 Oct 4, 2006 7:08pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)