Short DAX at 7740

Quote from carl0215:

I also like to look at relative strength in the DAX against the ES. However, I found the spread moved too much to hedge effectively.

What I came to realise is that you can foresee ES with DAX on 1 minute chart's oscillations (some times) and vice versa. There are 2 types:

1) If either one has a more definite pattern and is during its RTH then go with that one;

2) FDAX starts to shift sometimes a couple of seconds before ES goes into gear. To be able to follow that ImO I would need to anticipate a move off a longer term chart like 10 minute one as ES is sluggish on short term charts, in actual fact I stopped trading ES altogether.
 
you are completely right. One might assume, that sometimes the tail swings the dog...
I think the truth is that sometimes in ES in low volume environment before they start a buy program or a small fake move they begin to collect some Fdax positions for some aditional gain.
For example if ES is falling and Dax falling and it looks like a realy ugly day bud suddenly the dax is collected and does not confirm new low then its time to get to the long side, and if only for a few minutes.

Another option is to use panic moves in Dax just some seconds before the dax close at 10p.m. local time and hedge extreme spreads with ES. Works very very good long term.



Quote from JSSPMK:

What I came to realise is that you can foresee ES with DAX on 1 minute chart's oscillations (some times) and vice versa. There are 2 types:

1) If either one has a more definite pattern and is during its RTH then go with that one;

2) FDAX starts to shift sometimes a couple of seconds before ES goes into gear. To be able to follow that ImO I would need to anticipate a move off a longer term chart like 10 minute one as ES is sluggish on short term charts, in actual fact I stopped trading ES altogether.
 
Quote from Topsurfi:

...sometimes in ES in low volume environment before they start a buy program or a small fake move they begin to collect some Fdax positions for some aditional gain.

Bingo! That is exactly why I try to be in before the move, they can't hide accumulation whilst preserving support zones AND hiding it away from histogram, at times when they can it becomes an opportunity missed, not dosh lost :)

My biggest enemy is my occasional inability to wait out a better pattern than the one I am looking at at the time, impatient I am. Still lots to learn!
 
Short 3

All out + 12 and Long 3 will post chart

not liking histogram now, but not enough to reverse/stop

MACD still rising bit by bit
 
Quote from JSSPMK:

Short 3

All out + 12 and Long 3 will post chart

not liking histogram now, but not enough to reverse/stop

MACD still rising bit by bit

scaled out 2 +9

3 minute's histogram is like a coiling spring, ImO upside break
 
Quote from Topsurfi:

you are completely right. One might assume, that sometimes the tail swings the dog...
I think the truth is that sometimes in ES in low volume environment before they start a buy program or a small fake move they begin to collect some Fdax positions for some aditional gain.
For example if ES is falling and Dax falling and it looks like a realy ugly day bud suddenly the dax is collected and does not confirm new low then its time to get to the long side, and if only for a few minutes.

Another option is to use panic moves in Dax just some seconds before the dax close at 10p.m. local time and hedge extreme spreads with ES. Works very very good long term.

Did you observe the contrary pattern when FDAX is not going higher despite ES making new highs....Just my observation in the last couple of minutes....20:35 C.E.T.

GL + GT
 
Quote from JSSPMK:

My biggest enemy is my occasional inability to wait out a better pattern than the one I am looking at at the time, impatient I am. Still lots to learn!

Invest into a premium bottle of VODKA ! Thereafter no problem with patience ! :D
 
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