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Here an explanation. DAX future is trimmed on a restricted time from 9:00 to 17:30 - (with exceptions depending on the provider) running behind the markets that dictate the pre and after floating with Asia and American markets.
L&S is - as you know - from 7:30 to 22:30 open and takes advantage of being also outside of the normal DAX trading hours.
Here in this thread I am mostly using IB (30m) plus rules to find my points on the table.
Watching today's moves on L&S in the morning (having already a red bias) I could have made some positive points while on DAX future there was not the same price range. Thus a negative resulted.
Of course my system runs fine since 2012 on the DAX future itself - I am looking for a parallel trade with both suppliers.
Might give some extra punch - yes?
As my trading (in this thread) is 99% is based on one trade per day - one could move with L&S certainly one or more better or adjacent moves. But this is not that good for the readers following from trade 1 to today in this journal.
A strong point for L&S is swinging more than the DAX future itself. Means for last week HIGH in L&S was 16002 and killed the 16k line while the DAX future came on a high of 15998. So L&S had more volatility - just some points more during normal market time.
To sum it up - experimenting a bit more to find out what is the best.
Hope this helps.
GOOD TRADES
Good morning @GFIs1,
I understand now, the DAX index is leading (or L&S), and not the FDAX future.
(The DAX index reached 15998 that day, the FDAX future reached 16044).
Thank you,
Deetee
DAX long 9:00 to 17:30 changed to 16:00 because of the speed up. Some take profit ahead by then...
entry @ 16008
exit @ 16171
result + 163 points
GFIs
9:00 - Start with gap up - Inflation data good for Germany, interest numbers should decline now
9:22 - battle @ 16k seems won: rally to end of Nov tomorrow with new ATH?
Asia 4:2 red - Top Mumbai + 1.47%, Flop NIKK - 0.7%
Gold up @ 2082 btc$ up up @ 41435 !!
Numbers: none
Speeches: EU 3 ECB speeches from 2 members + president Lagarde 15:00: This now will be an important moment to steer the interests in the EU and will
influence the DAX in a positive mode!
DAX pre cash 7:30 @ 16421 - started with gap up again...
