Trading Dax without indicators

[jjrvat]

Scalping the DAX

I wonder if it is possible to succesfully trade dax intraday without the use of any indicators, use only a 5 min bar chart, what's the opinion of the bigger Dax traders out there?

What about only using depth of market and time and sales as your guide, are there any succesful traders out there with this methodology?

Any answers greatly appreciated

Flytrade

Yes you can succesfully scalp the DAX without fancy indicators.... This was one of my last week trades....

1 Contract / 13 minutes/ 19.5 full points / 5 Sec charts (I usually use 7 tick charts)

jjrvat

 

[jtrade]

daxdaytrader ebook

I trade 2-minute chart 7 period Bollingers with 2 sd. Set-ups are typically on hammer like bars.

ps. I am writing an eBook at the moment explaining how to trade the DAX.

daxdaytrader,

Did you ever write your book ?

J.

 

[daxdaytrader]

daxdaytrader,

Did you ever write your book ?

J.

Hi,

I started and then ran into difficulties reproducing some of my charts. In any case, books take a great deal of effort to produce often for humble returns.

So instead I am now focused on developing some commerical offerings. This includes a specialised chatroom complete with paper trading system and statistics with its own trading strategy, and I am also developing a seperate swing trading strategy.

I hope to have both ready by the end of March.

best regards,
John

 

[jtrade]

Hi,

I hope to have both ready by the end of March.

best regards,
John

Thanks for the response, John - please keep us informed !

J.

 

[jtrade]

Is anyone aware of or using equivalents to ADV / DECL, TICK , TIKI or TRIN (as used with US index futures) when trading the DAX, please ?

J.

 

[mofe2006]

I've recreated the tiki on the dax and have to say I find it of little use, the smaller componets trade much less frequently the the small dow componets. I've also created a pan-european tick index, while it provides some value, it does not act like the tick index on the NYSE.

In addition for the most part I trade without indicators, i trade off volume, levels, intra-market relationships, and a few patterns that give me a bias for the direction i want to be trading in for the near term.

I've posted this link on here before, but I'll post it again for anyone who missed it. It is a link to some youtube videos of me trading the Dax. YouTube - mofe2006's Channel


YouTube - mofe2006's Channel

 

[jamesfx]

Hi,

This is cool one, well i trade DAX with this settings:

15min tf:
MACD 12, 26, 9
Stoch 21, 9,9

Good use of trendlines for support and resistant.

At the Cross of macd, make sure stoch is in aggrement with it and before u take ur trade try to ensure that u have no trendline barrier to affect the move. then you can place your trade at spotting a 123 formation on lower time frame like 5min or even 1min

I go for 1000pips daily on Marketiva trading platform.

Hope this will help.

James
[email protected]

 

[jamesfx]

Trade DAX

Hi,

This is cool one, well i trade DAX with this settings:

15min tf:
MACD 12, 26, 9
Stoch 21, 9,9

Good use of trendlines for support and resistant.

At the Cross of macd, make sure stoch is in aggrement with it and before u take ur trade try to ensure that u have no trendline barrier to affect the move. then you can place your trade at spotting a 123 formation on lower time frame like 5min or even 1min

I go for 1000pips daily on Marketiva trading platform.

Hope this will help.

James
[email protected]

The MIND is the TRADE

 

[Blu-Ray]

Hi,

This is cool one, well i trade DAX with this settings:

15min tf:
MACD 12, 26, 9
Stoch 21, 9,9

Good use of trendlines for support and resistant.

At the Cross of macd, make sure stoch is in aggrement with it and before u take ur trade try to ensure that u have no trendline barrier to affect the move. then you can place your trade at spotting a 123 formation on lower time frame like 5min or even 1min

I go for 1000pips daily on Marketiva trading platform.

Hope this will help.

James
[email protected]

1000pips............ I know .........the Dax is way to volatile nowadays

or should it say

I go for 1000pips daily on Marketiva trading platform.......... but I don't get there.

 

[jamesfx]

i have a personally modified version for 1min time frame. cool one that i study on MT4 platform and execute trades on Marketiva.

settings above but add RSI 21 and trade breaks on 50 levels, your 1000pips daily on the average will complete.

Cheers

 

[jamesfx]

Yes you can succesfully scalp the DAX without fancy indicators.... This was one of my last week trades....

1 Contract / 13 minutes/ 19.5 full points / 5 Sec charts (I usually use 7 tick charts)

jjrvat

View attachment 29318

Hello,

Nice chart, please how do u identify entry and exit points on this kind of rainbow chart.

James.

 

[Gul]

I trade 2-minute chart 7 period Bollingers with 2 sd. Set-ups are typically on hammer like bars.

ps. I am writing an eBook at the moment explaining how to trade the DAX.

Hi Daxdaytrader,
I am very interested i getting information on Dax Trading.

Please let me know if could shar some information.

Thanks

Gul

 

[cu20052003]

Hi, my 5 pence worth

I am a user of Fundamentals and TA, coupled with some other analysis ( as an ex-IT manager, I have to take into account of frauds and hacking )as well.

So, downtime and security analysis is also important. I mean, we can't trade if the telephone trunk line is down, right? Because, we can't make outgoing calls through the landline and the Internet connection would be down as well. Of course, mobile phone calls still can be made to the brokerage.

As you know that if there is nothingness, and nothing is created or added, what you get is still nothingness. So, I am forecasting bear for DAX and FSTE in the long term. But DAX would not be as bad as the FTSE. It is however, to my conclusion that it will be wiser to Stop way before it bottoms! 'Cos there is no bottom that I can see yet!

Fundamentals are good for the long term! Use it well and the indicators would be useful for intraday trades! Remember that you can get a good grasp of what is to come if you use some combinations of analysis and also the mental ability to discipline a trade!

S K

Yes you can succesfully scalp the DAX without fancy indicators.... This was one of my last week trades....

1 Contract / 13 minutes/ 19.5 full points / 5 Sec charts (I usually use 7 tick charts)

jjrvat

View attachment 29318

 

[DocG24]

Very insightful... I agree that discipline is the key. I have had many days of being up 20+ points only to give it away because I wasn't disciplined enough to stop and wait til tomorrow.

PATIENCE + DISCIPLINE = "A Fighting Chance"