Corrolation DAX and SP Emini - Traders Hideout | futures io social day trading
futures io futures trading


Corrolation DAX and SP Emini
Updated: Views / Replies:811 / 7
Created: by dph1 Attachments:1

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Corrolation DAX and SP Emini

  #1 (permalink)
Elite Member
Gothenburg Sweden
 
Futures Experience: Intermediate
Platform: NT7/NT8
Broker/Data: Esignal, CQG (NT)
Favorite Futures: ES, CL, GC, ZB
 
dph1's Avatar
 
Posts: 5 since Sep 2015
Thanks: 6 given, 11 received

Corrolation DAX and SP Emini

Strong intraday corrolation between DAX and SP Emini. How to setup and trade?
Are the chart getting me fooled? autoscale? Fixed? Should I look intraday, 2 days? weekly

Am I completly wrong? I need closure on this

http://i.imgur.com/p5XcQKE.jpg


Last edited by dph1; March 16th, 2016 at 12:21 PM. Reason: Adding image
Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Market Wizard
Germany
 
Futures Experience: Intermediate
Platform: Other
Favorite Futures: ES, YM, 6E
 
Posts: 2,644 since Feb 2013
Thanks: 4,902 given, 6,438 received
Forum Reputation: Legendary

Answer
This post has been selected as an answer to the original posters question Answer


Quite normal for all major indices and basically all time frames.

fyi a longer-term pic of the rolling correlations up to yesterday - measured by ETFs in this case to avoid e.g.
rollover data dicontinuities; just to give an impression of the time (in)stability of this correlation.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following 4 users say Thank You to choke35 for this post:
 
  #4 (permalink)
Elite Member
Leeds UK
 
Futures Experience: Intermediate
Platform: FXTrade
Broker/Data: Interactive Brokers, CapitalSpreads, Oanda
Favorite Futures: GBP/USD
 
Tymbeline's Avatar
 
Posts: 401 since Apr 2015
Thanks: 894 given, 486 received


dph1 View Post
Strong intraday corrolation between DAX and SP Emini.


All the major generalised indices are to some extent correlated.



dph1 View Post
How to setup and trade?


I don't think the reality of those correlations are in themselves indicative of "set-ups" at all?

Reply With Quote
 
  #5 (permalink)
Elite Member
Helsinki, Finland
 
Futures Experience: Intermediate
Platform: Sierra
Broker/Data: InfinityFutures, IB
Favorite Futures: M6E, 6E, M6B, 6B
 
Sam21's Avatar
 
Posts: 87 since Sep 2015
Thanks: 166 given, 60 received

It can be used as a ticker during night session.

Reply With Quote
 
  #6 (permalink)
Elite Member
London England
 
Futures Experience: Intermediate
Platform: NT
Favorite Futures: EU
 
Posts: 4 since Apr 2012
Thanks: 0 given, 1 received

Answer
This post has been selected as an answer to the original posters question Answer

Yes but what is interesting, and useful, is that the dax will often react/turn at the same time as S & P when S & P hits a clear SD/SR level, even if there is no apparent level on Dax

It seems from brief observation that correlation of turns/pivots is higher than strength of moves, especially during europe pm, NY am

So imo, it pays to analyse S & P/ES for levels as well as Dax as part of pre trade routine for trading Dax in europe morning

Reply With Quote
 
  #7 (permalink)
Elite Member
Paris France
 
Futures Experience: Beginner
Platform: TradingView
Broker/Data: CQG
Favorite Futures: ES1!, CL1!, DY1!
 
Pharmakon's Avatar
 
Posts: 45 since Jan 2016
Thanks: 115 given, 26 received


NKE12 View Post
Yes but what is interesting, and useful, is that the dax will often react/turn at the same time as S & P when S & P hits a clear SD/SR level, even if there is no apparent level on Dax

It seems from brief observation that correlation of turns/pivots is higher than strength of moves, especially during europe pm, NY am

So imo, it pays to analyse S & P/ES for levels as well as Dax as part of pre trade routine for trading Dax in europe morning

Hi !

Did you see that many times. I mean do you think, S&P could be a good signal to anticipate DAX movements ?

Cheers,
P.

Reply With Quote
 
  #8 (permalink)
Elite Member
London England
 
Futures Experience: Intermediate
Platform: NT
Favorite Futures: EU
 
Posts: 4 since Apr 2012
Thanks: 0 given, 1 received

Hi

I suggest you pull up 5 min charts of the two instruments, side by side and watch them for a few weeks - and then form your own conclusions - and whether it helps you or not

it helps me

regards


Pharmakon View Post
Hi !

Did you see that many times. I mean do you think, S&P could be a good signal to anticipate DAX movements ?

Cheers,
P.


Reply With Quote

Reply



futures io > > > Corrolation DAX and SP Emini

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
forum on dj sp nas occocc Emini Index Futures Trading 3 December 11th, 2014 05:46 PM
SP contract Mondrakete EasyLanguage Programming 3 July 12th, 2011 06:01 PM
SP Bovespa realtime? azbarroso Traders Hideout 4 February 1st, 2011 07:36 AM
Best time to trade emini sp masood Traders Hideout 8 January 18th, 2010 07:00 PM
How to find trend in Global emini sp masood Traders Hideout 2 January 16th, 2010 09:25 PM


All times are GMT -4. The time now is 10:38 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-13 in 0.12 seconds with 34 queries on phoenix via your IP 54.226.113.250