so, you trade 2 DAX contracts at a time per trade?...do you use market or limit orders????...what are the time duration per trades?...1,5,10 minutes?...longer?
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
The Ultimate DAX Scalping Discussion Thread!
- Thread starter Scientist
- Start date
I have really come to love the DAX. I started on the mini dow but it is so wild much like the mini nQ and es. The ftse is where I cut my teeth but it doesn't have the movement of the DAX most of the time. I use a long/short MA crossover method to catch intra day moves. It works pretty well for me (200+ points this morning 10/24). Do any of you ever see the DAX becoming as "unstable" as the US stock futures?
Quote from increasenow:
Red-Duke...I just began looking at the DAX again since months ago and I noticed this same thing...what is going on?...it use to be about .5 to 1.5 spread with 1.5 spread being LARGE at that time (2-4 months ago)...what has happened?...I've noticed that the daily volume is still good but????thanks!
Typical in high volatility markets as we currently are experiencing. If you look at the DOM you will see it is VERY thin most of the time - very few contracted bid or offered at each price level. Just a few contracts traded can empty the book at a couple of price levels, which has the effect of widening the spread.
Quote from vrtrop22:
...Do any of you ever see the DAX becoming as "unstable" as the US stock futures?
You may want to compare the charts of the Eurex DAX futures with the U.S. Emini futures.
Simply, if you consider one unstable than the other is unstable.
Yet, you haven't defined your use of the word unstable.
Mark
Dax_scalper08...............
Hi there.What front end do you use? (Software provider) ETC..
Thanks
Hi there.What front end do you use? (Software provider) ETC..
Thanks
Quote from mrtrader:
Hi Redduke,
We at evoi are just offering an alternative to how the markets are traded today, some old timers and new traders like to be able to see what other traders are doing at any given time, to see whether it helps with their trading positions, we believe by showing each other our trades will make us trade better.
This is certainly the case with our new traders who have joined in the last 12 months.
As regards the cost, we believe that it is minimal in the over all scheme of things, as one of our new traders have said
'' it pays for it self by doing one good trade''
But anyway for newcomers there is no charge for 3 months, so people can try and if they like they can stay, if not leave, no problem.
Hope this helps.
It is not the cost, which I agree is not big at all. It is the fact that the trades are getting exposed.
But no one should judge something before he actually sees how it works.
I agree it is interesting what you are doing. Do you mind sending me PM with details for trial?
Thanks,
redduke
Quote from increasenow:
so, you trade 2 DAX contracts at a time per trade?...do you use market or limit orders????...what are the time duration per trades?...1,5,10 minutes?...longer?
I trade with working limit order. It is really a market order but if the market jumps too far when I try to enter the trade the limit level on MD is the max I want to get in at.
The trade duration could be from seconds to 10 min+ (this is very rare though). I trail the trade as long as it move in my favor.
just a visual glance at the movement of say the mini dow to the DAX will show you that the DAX moves much slower. Also good luck trying to get a price close to your stop on the mini dow, es, or nq. I guess I should have said the speed/volume of those markets vs the DAX instead of instability.
Quote from vrtrop22:
just a visual glance at the movement of say the mini dow to the DAX will show you that the DAX moves much slower. Also good luck trying to get a price close to your stop on the mini dow, es, or nq. I guess I should have said the speed/volume of those markets vs the DAX instead of instability.
Is it really this bad on US futures. I only trade DAX, but ES book is still pretty deep. Do you really get a lot of slippage on ES?