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

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Old Oct 17, 2011, 5:14pm   #11
 
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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
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Old Dec 13, 2011, 4:32pm   #12
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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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Old Dec 13, 2011, 4:39pm   #13
 
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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.
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