YM Journal

nope not me. but i'll tell you something i've noticed about the european markets. during the morning u.s. time, there are a few hours of overlap between the u.s. markets and european markets. during this period, the relative change in price seems to tell you something about where the ES is heading. for example, the ES is going up and down equally, but the european markets seem to be much more sensitive to only one side of the movement.

this is not based on empirical evidence so it may be my selective memory.
 
dax. not sure if it matters because i think that they all correlate with each other when their hours overlap. when the ES opens, ES is likely the dominant market and any other market that's trading will likely correlate with ES.

that's my theory...better decide for yourself

Quote from Adamned:

Hey, bid ask

When you say Euro marekts which one are you looking at Stoxx50, Dax, CAC, AEX, or MIB
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thats most of the time true but many times certain euro indexes have and mind of their own. I personally despise the DAX its a very very difficult index to trade. But the CAC, AEX and Stoxx 50 have much better and kind attitude. I personally like the AEX. If you look on this chart I attached the setup i have been talking about this whole journal would of worked quite well. Long 1 @ 506.7 Long 2 507.2
 

Attachments

I'm not sure why the dax is so hard. It has a very erratic attitude and it seems that they really run the stops on that market.
 
on the n100 you broke the swing (1-2-3 setup) at 991.5 I would be looking for the retest to 991.5 for a long

Aex broke the swing at 507.2 and retested, then surged
 
i don't know what the heck is going on. if 507.2 is a swing point and price penetrated from the top, aren't you looking to go short?

Quote from Adamned:

Aex broke the swing at 507.2 and retested, then surged [/B]
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