futures io



Dax market profile (FDAX, TPO)


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one kremat0r with 3 posts (2 thanks)
    2. looks_two GFIs1 with 1 posts (2 thanks)
    3. looks_3 SBtrader82 with 1 posts (3 thanks)
    4. looks_4 Pa Dax with 1 posts (2 thanks)
      Best Posters
    1. looks_one SBtrader82 with 3 thanks per post
    2. looks_two GFIs1 with 2 thanks per post
    3. looks_3 Pa Dax with 2 thanks per post
    4. looks_4 kremat0r with 0.7 thanks per post
    1. trending_up 636 views
    2. thumb_up 9 thanks given
    3. group 5 followers
    1. forum 5 posts
    2. attach_file 2 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 150,000 members
  • 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 and simple.

-- Big Mike, Site Administrator

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

View Poll Results: Choose session
Full session 0 0%
Just cash 2 100.00%
Both, profile splited 0 0%
Voters: 2. You may not vote on this poll

 
Search this Thread
 

Dax market profile (FDAX, TPO)

(login for full post details)
  #1 (permalink)
 kremat0r 
Prague, Czechia
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Interactive Brokers
Trading: GBL
 
Posts: 43 since Jan 2019
Thanks: 6 given, 32 received

Hello traders,

I'm trying to implement market profile into my FDAX trading and now I have a question to you guys.

Dax is trading from 1:15-22:05, cash 9:00-17:30 (CET).

Are you guys using full session or just cash?

Generally I prefer to stay just with cash session, because smaller range and there is some fundamental background for it, but "recently" volume on pre/post cash become bigger and bigger and this makes me thinking.

Examples, difference is big


Thank you

Attached Thumbnails
Click image for larger version

Name:	Cash.PNG
Views:	31
Size:	87.2 KB
ID:	329392   Click image for larger version

Name:	full.PNG
Views:	27
Size:	127.9 KB
ID:	329393  
Started this thread Reply With Quote

Can you help answer these questions
from other members on futures io?
DefineDLLFunc C++ Example
EasyLanguage Programming
Import failed: the ninjasceipt archive file may contain …
NinjaTrader
I wonder and I ask you…
Psychology and Money Management
ninja trdaer order blocks, orice action ict
NinjaTrader
Trading instruments in different base currencies - how t …
Brokers
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Big Mike in Ecuador
28 thanks
New NinjaTrader
18 thanks
futures io site changelog and issues/problem reporting
16 thanks
Unsubscribe from Threads
14 thanks
Not enough skin in the game?
10 thanks
 
(login for full post details)
  #2 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 6,363 since Feb 2012
Thanks: 5,954 given, 13,944 received

Hi @kremat0r

Since the beginning of my trading the DAX I just use cash hours.

Reasons:
• stable number of traders
• volumes medium to high
• volatility predictable
• not many influencing from strong indexes - except the US start in the afternoon

• after EOD 17:30 the volume is strongly decreasing
• volatility much higher - especially until 22:00
• no predictable patterns after 17:30

Preparing the day in advance is more important: are there gaps possible before opening cash hour? Are there important news, numbers, speeches during the day?
Can I see patterns of the weekday that are repeating?
Are there holidays during the week or right after the weekend?

Good trades!
GFIs1

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to GFIs1 for this post:
 
(login for full post details)
  #3 (permalink)
 kremat0r 
Prague, Czechia
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Interactive Brokers
Trading: GBL
 
Posts: 43 since Jan 2019
Thanks: 6 given, 32 received


Thank you for your response GFIs1
I read your entire thread

My reasons:
  • Less time to trade
  • Possible gap cash close pattern
  • More time to prepare for next session
  • Good volume, dax is thin so before/after cash sometimes it's risky.

Started this thread Reply With Quote
The following user says Thank You to kremat0r for this post:
 
(login for full post details)
  #4 (permalink)
 Pa Dax 
Price Action Scientist
Netherlands
 
Experience: Advanced
Platform: NinjaTrader, IB TWS
Broker: InteractiveBrokers, CQG
Trading: ES
 
Pa Dax's Avatar
 
Posts: 1,222 since Oct 2017
Thanks: 1,931 given, 6,244 received

I use just cash. 9.00 am till 17.30 CET

Sent using the futures.io mobile app

Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Pa Dax for this post:
 
(login for full post details)
  #5 (permalink)
 SBtrader82 
Market Wizard
Rovigo (ITALY)
 
Experience: Intermediate
Platform: SierraChart, MotiveWave
Broker: Rithmic, Dorman, Interactive Brokers
Trading: Emini, Nasdaq, DAX, Bund, IBEX
 
SBtrader82's Avatar
 
Posts: 561 since Feb 2018
Thanks: 217 given, 1,293 received


kremat0r View Post
Hello traders,

I'm trying to implement market profile into my FDAX trading and now I have a question to you guys.

Dax is trading from 1:15-22:05, cash 9:00-17:30 (CET).

Are you guys using full session or just cash?

Generally I prefer to stay just with cash session, because smaller range and there is some fundamental background for it, but "recently" volume on pre/post cash become bigger and bigger and this makes me thinking.

Examples, difference is big


Thank you

I trade only cash hours, but I have the profile split in two or even 3:
A) DAX PIT SESSIION: 9-17.30
B) DAX OVERNIGHT but Pit Session open in US indexes: 17.30-22.10
C) overnight: 22.10-9.00 (of the next day)

in session B) DAX tend to follow US indexes in some way.
Most of the time I groups B and C.

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 3 users say Thank You to SBtrader82 for this post:
 
(login for full post details)
  #6 (permalink)
 kremat0r 
Prague, Czechia
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Interactive Brokers
Trading: GBL
 
Posts: 43 since Jan 2019
Thanks: 6 given, 32 received

Thank you for response. So I can see more people are into cash.

Started this thread Reply With Quote
The following user says Thank You to kremat0r for this post:


futures io Trading Community Traders Hideout > Dax market profile (FDAX, TPO)


Last Updated on January 27, 2023


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2023 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), 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