<eurostoxx 50, ftse and dax> which of these 3 gives the tightest and widest spreads during trading hours in the last month or so and which has the most and least volume and open interest ?
SethArb "but at this time its not worth it - why bother when you have the sweet dream of the emini s&p, backed up with the nasdaq, eurostoxx 50, ftse and dax" Were u refering to my quote above when u said 3 - there are 4 of the "back ups" there all good, but there are a lot of prop room scalpers working the eurostoxx 50, so its probably the best i dont care about the exact technicals - since to a degree, that sort of data could be misleading - best to go by practical experience based on key trading periods i say data can be misleading,since there are some contracts which are very tradeable, but appear to have low volume according to statistics, when i fact they have recognisable high volume at certain points in sector cycles, when they are good to trade, although more applicable to arbitrage opportunities
I will investigate the eurostox , dax , and ftse this month for trading opps. while continuing to use the mini dows nas and sp I sometimes find myself scalping USD / EUR ... tight spread on globex .... but FX is another animal ... different ballgame
I have been actively trading it for several months with good results. Reminds me of NQ during the bubble. Less franticthan today's ES/NQ, less jumping around, kind of trendy. just keeps going in one direction - the herds seem to be liking it. It trades on the Eurex starting at 3am EST. I love trading it!
Forgot these: Euro Stoxx is very liquid - 1.5 - 2x the volume of NQ. The DAX futures is a a LOT less liquid, crazy, buyers/sellers chasing each other. But pays well. FTSE futures very illiquid. Hope this helps.
the ftse is ok if you choose the right time periods and then support resistance levels are made out of steel
dont be worried about having to trade the DAX and Eurostoxx 3:30am EST- there is plenty of trade left at 9:30 when the US market opens I wouldnt trade much beyond 11 or 11:30 EST, but the swings are GREAT anytime Eurostoxx have always been a little less whippy, also helps that the tick size is smaller on point moves -10 euros versus 25 for the DAX I highly recommend you start watching the correlation between the DAX and ES...while the US market has always been a leader, it seems that the ES is the leader of all things these days good luck
Because it is very illiquid, it is a mere manipulating tool during before hour and after hour the market. When Dow future is red or green during offmarket hour, other indices also follow it. I guess it is made iliquird for purpose by big bros......2cents