scalping in europe Eurostoxx, mini-sp 500, ftse 100

[dsalas]

Hi guys i am from Spain, recently trading stocks in the us market now a i want to move to futures. I have tested in simulated trading the mini sp 500 but the volatility spikes are huge, and also it is kind of a drag the time difference with the US.
-Do you consider eurostoxx 50 or ftse 100 to be a better future to trade.
-Which is the one you like the most ? Is it the mini sp, mini-dow, eurostoxx, ?
-From experience which one has been the easiest in terms of volatility in 3 min charts?

I have tried mini-sp 500, eurostoxx, ftse 100. For me the eurostoxx was kind of easier than mini sp 500, slower movements, following mini-sp. More tidy and organized.

Let me know guys, thanks
Daniel

 

[Bolimomo]

-Which is the one you like the most ? Is it the mini sp, mini-dow, eurostoxx, ?

I have only traded mini S&P and mini Dow. Mini Dow doesn't have much liquidity. The price moves skip points. Mini S&P on the otherhand has much higher liquidity. But they move only in a .25 point. The advantage is if you want to get out, the slippage is not too much. 1 SP point is roughly about 10 Dow points. I prefer SP over Dow for liquidity reasons. But if you want finer subdivision (e.g. to scale in), Dow might be better. They pretty much move in tandem with each other.

 

[One Eyed Shark]

Dont know how many ticks you are scalping for, but the issue I have found scalping the FTSE is that the spread does sometimes push out to 2-3 ticks, so if you are only working for 2/3 then you are looking for a 5 tick move to hit target.

Tight speads on the Eurostoxx and very predictable , though usually doesnt have the volatility.

Take a look at the Euro/$ ( 6E ) tight spreads, good trading hours, lots of movement and pretty straight forward to trade.

 

[larry081721]

Hi,

DAX Futures is a wild big contract, i will not advice it to a beginner.

For quick scalp with small profit target, you should try the EUROSTOXX or as mention above the EC. I have found the EC easier to scalp than the spot EURUSD.
just bear in mind that you will need a bigger account, 1 point= $12.5 instead of $10.

Good luck,
Larry

 

[legend4life]

What size stops, targets, win rate%, reward/risk ratio, and % of account to risk per trade is good for scalping 6E? How about daily max loss and profit limits?

 

[fireflyer]

Hello,
I prefer scalping the DAX and the euro-FX !!
Do scalp as me ? Or do you have other technics.
Thanks.

 

[japantrader]

Hello,
I prefer scalping the DAX and the euro-FX !!
Do scalp as me ? Or do you have other technics.
Thanks.

I don't scalp but I love the background music. Who is it??

 

[monkey180]

Hello how is your scalping going?

 

[legend4life]

I don't scalp but I love the background music. Who is it??

Yes, love it! Wondering the same, who is it?

 

[monkey180]

It is Monkey, please what is your strategy for scalping?

 

[monkey180]

What broker do you use for scalping? How many pips do you get out? Trader per day?

 

[Als]

could you advise a broker for dax scalping?

 

[monkey180]

Yes please advise me and Als.