ESTX50 and DAX vs. ES and NQ

[lojze]

Quote from Fast_Trader:

OK, well tried out the Euros this AM. Paper traded the Dax and made around 20 pts while exiting early on all the trades. Then made a real trade on ESTX50 just for testing my IB acct to make sure it was working with Eurex...got out with a quick 1 pt since this was just a test.

So far, I like it. But the volume on Dax is pretty low. ESTX50 is better and I see 100+ lots going off quite frequently.

-Fast

Hi, FT,

Did you gather any more experience in trading DAX since last time?

 

[EMini-Player]

Quote from lojze:



Hi, FT,

Did you gather any more experience in trading DAX since last time?

I think it's a great instrument but I can't wake up at 2 AM to trade it. It trends pretty well. Watch the 5 min chart and enter on 1 min. retracement in the direction of the 5-min. Works almost every time and is usually good for at least 5-10 pts, sometimes more. I've had some trades where I've made 5-8 pts in less than a minute. DAX really moves! Paper-trade it for a week and see how you like it. I'll be focusing on ES only for now.

-Fast