Any successful intraday Dax traders here?

Discussion in 'Index Futures' started by Aj2014, Mar 3, 2015.

  1. Aj2014

    Aj2014

    I've been trading the NQ with a little success but am based in Europe at the moment and would like to trade the Dax.
    However, I've been demo trading it for a while now and I can't get a thing right with it.

    The way I read the price action on the NQ doesn't seem to work on the Dax.

    I always thought that Price action work on all markets, but with the Dax I get stopped out again and again.

    Can any successful Dax traders give any hints or maybe share a few days wirth of charts with entries etc to give me an idea? I tend to use mainly a 5min chart, as well as a longer timeframe for general trend ideas, and a tick chart to try to fine tune entries.
     
  2. Ditch

    Ditch

    Why not ESTX50, less spikey than DAX, from what I recall.
     
  3. RedDuke

    RedDuke

    There is a really good thread from about 10-11 tars back on DAX, by a guy named Scientist. It is very long, and has tons of useful info. Read it. I personally traded DAX about 7-8 tears ago. Its moves are fantastic, but it is too thin for me.
     
  4. Anyone got a link to this day thread ??
     
  5. Handle123

    Handle123

    Dax trades as it does cause of volume, which is less than US Nasdaq and Dow, so any time volume less, you have to risk more, it is like lunch time in ES. How bout Ditch suggested Euro Stoxx 50 and Euro Bund and Euro Bobl

    Can be how you entering, if you doing breakouts that requires much more protective stops
    and often where you getting it, those who got in on deeper retracements are getting out where you getting in.
     
  6. pak

    pak

    I live in Bulgaria and the Dax is all I do everyday Aj...
     
  7. Joe6Pack and ucf_student like this.
  8. Aj2014

    Aj2014

    Someone told me to place 100 trades and then see how it looks.
    Took me about 1 month.
    I'm green, but the numbers don't scream 'edge' to me.
     
  9. barcadia

    barcadia

    You're doing better than me!
    I just find it impossible.
    Can anyone suggest any daytrading methods that don't include charts/TA, as I tend to do a LOT worse than random when I use technical analysis.
    Today, for example! Only 1 trade got even close to my target. (7th trade which had a MFA of 30)
     
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  10. wrbtrader

    wrbtrader

    barcadia,

    Have you backtested your trade method on other trading instruments to determine if something else is more suitable to trade than the FDAX futures ?
     
    #10     May 7, 2015