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.

