Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
i did ok money wise with it but its change in directions was too volitale for me. prices would gap on my charts and it was tough to get accurate fills.
Can you help answer these questions from other members on NexusFi?
Anyone have any idea what's happened to the FDAX spreads recently : always used to be a solid 1 tick - except very briefly around news - but lately it often widens to several ticks which is screwing with my very tight stop approach & causing a lot of slippage. Take a look at my second trade this morning : entry @ 5980.5, stop was already @ b/e+1 and fill was 5979.0. I've reduced from 4 (optimal imho) to 2 and am now back to a single contract for this market.
I know the EU is in a mess, but it feels like trading an expired contract !?
Edit : to clarify, the spread widening is momentary, but can take out a stop 5 or 6 ticks away.
Edit2 : for the first time, I've looked seriously at FGBL & FESX this morning. Huge vol & apprently rock steady 1 tick spread. In the past, they seemed to move about as fast paint drying, but very nice range today, so any of you guys also trade these markets & care to share your experience, please ? I see there's a 2.5:1 margin advantage, but obviously far less intraday range... I remember sharky used to trade ZN for something like 4 ticks but with very large size....
I like to know what data feed do you use for Eurex markets.
From what i read , looks like brokers offers just a low level data feed from Eurex(in the terms of tracking the cumulative delta,orderflow,etc.---a good feed from Eurex could be much expensive).
DTN IQ is a good feed for Eurex ? Worth the money ? Any opinions & sugestions ?
Thanks
the widening of the fdax spreads happened already some time ago. i think a reason for that is the increased volatility. adr is around 200 points at the moment.
regarding to your second trade: as you for sure know, a stop order becomes a market order once stop price is hit, so the slippage is a sign of how quick market is moving in my opinion.
regarding to fgbl: one of the most liquid markets with huge volume --> 1 tick spread
as all markets have an increased volatility, the fgbl is not an exception, but "normally" moves like a snail.
Hi Philpp
I have been trading 6E, 6A, FESX & FGBL over the last few years with some small success.
They just about make me go to sleep most nights though as i generally trade during their quiet period.
Recently started trading FDAX in Sim on NT7 using Range charts and fairly standard indicators.
Have made reasonable progress so far but still experimenting with values, indicators etc to
optimize the the market moves. Certainly keeps you on your toes - so far a real neat instrument
to trade, just a matter of getting it right. Being in NZ the time zone also suits as i can trade early evening
here, make my money then off to sleep. Can also catch the market at the end of your day if i trade some
more.
Cheers for now Global
My question to fellow Dax traders is if they are using Ichimoku
for their big picture or for trading decisions.
As I am using it daily I would appreciate some exchange of thoughts.
I have been successfully day trading the DAX for most of this year taking 5 to 10 points off the major chart patterns, double top, head and shoulders etc.
