ESTX50 and DAX vs. ES and NQ

Here's the 3 min chart from this morning. Times shown are Central US time in both charts.

-Fast

 

Attached is the 5 min. chart for the DAX. Again, all times shown are in Central US time.

-Fast

 

Attached 3-min chart of DAX showing the morning action.

-Fast

 

Well I bought the gap at 3476.. see arrow and sold at top Keltner 3491

 

Great trade, you must be a CPPT!

 

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Hi Fast_Trader,

enclosed is a chart of trading performance for a short-term trading system (trade duration 1-3 days), trading real-time the dax, stxe, es and nq (nq missing in chart) since 1998. please note that the slippages for the system vary widely (4 ticks dax, 2 ticks es and 1 tick stxe).

Even so, Dax still is superior, followed by SP and a nil-performance Stxe. A problem for the Stxe still remains that many cash-markets close at 5:30 pm CET but the future continuos trading until 8pm...

Good trading, Oliver

 

3 point stops in Dax? Well, in 9 times out of 10 you will be stopped out.

 

OK, well tried out the Euros this AM. Paper traded the Dax and made around 20 pts while exiting early on all the trades. Then made a real trade on ESTX50 just for testing my IB acct to make sure it was working with Eurex...got out with a quick 1 pt since this was just a test.

So far, I like it. But the volume on Dax is pretty low. ESTX50 is better and I see 100+ lots going off quite frequently.

-Fast

 

great thread, and very informative. i have been following the es, and have heard positive things about the dax. could someone please provide me with the basic info on the foreign exchanges? like the time they trade (est) , there tick size, the margin required to trade, and the value of a point. love the thread, and the charts that have been provided so far.