Any DAX and/or STOXX traders here

[momentom 10]

I think that's the idea. Great opportunity for us.

[monad 10]

Sooner the better, Daxmini will certainly reflect any moves on the FDAX , yesterday FDAX plummetted nearly 200pts.

[BlowFish 10]

If they are fungible (they surely must be?) then it has to increase liquidity and participation from the smaller guys. (Having said the many have turned to spread betting the FTSE it seems).

 

Back to the original discussion does any one fine the DAX pretty schizoid? Here's what I mean you can trade it for a while (maybe months) and it plays pretty 'technical' respecting levels moving in a reasonably ordered fashion. When it trends and corrects, very tradeable. At others it just turns 'maniac' shooting all over the place, you have the massive spikes we talked of earlier it will congest in a tight narrow band and then just 'plunge' or surge, corrections are either non existent or it will actually correct 105% in seconds (catching stops). I dunno how to put it other than schizoid. Maybe its just me?

[HAKUNA 10]

Look forward to Daxmini

[monad 10]

Yes Blowfish, Dax has tendency to do just that, found it easier to trade during latter half of 2008, when prices were tumbling, it was easier to get on(short) any retracements on low vol.

 

However introduction of Daxemini should improve situation when more traders participate as in Eurostoxx.

 

Ftse used to be spikey as well, even now there are not many orders on the DOM compared to Eurostoxx.

[TraderJean 10]

Hi All,

 

First I've heard of the miniDax. Looking forward to it, but I'm sure it will take some time for the volume to reach decent levels. It will be interesting to have 2 electronic contracts trading at the same time one full size and one mini. It will allow scaling in or out of trades which could offer a pretty unique trading opportunity.

 

I am not a big fan of the thinner markets like YM, TF, or DAX. It's easy to get in a trade but can be hard to get out. I've seen too much of my hair turn grey trading the YM.

 

If the miniDax turns out to be something like the ES then I'll probably trade it.

 

just my 2euros,

 

Jean

[ESTRDR 10]

totally agree to the poster above

trading low vol markets can be a pain in the butt regarding volatility....BUT i used to love trading the GBPJPY before i fully switched to ES

[stockmaster 10]

I Trade the dax for many years now.

 

I do agree there is some volatility on it that is "unusual" compared to ES or other american index.

 

The question i ask is, with current ES range and total lack of flow, how can any daytrader make any money in them instruments.

 

Although risk is slightly higher on dax, the rewards are good. Very good indeed if traded properlly. One can make on one day of dax trading the same ammount of money that ES takes a Week to provide.

 

I would like to know what type of strategies you guys are using on dax. Swing? Scalping?

 

Best Regards

[Gillou 10]

my trading videos ...