Any DAX and/or STOXX traders here

[BlowFish]

Good advice from AgeKay. I'm not sure what exactly a 'small account' is but the DAX can rip through several thousand euros/contract in seconds. It's certainly no place to be with a small account.

I have been trading the FTSE a little recently thats intresting 'feels' more like the DAX than Stoxx. I shelved the DAX several months back as it was just behaving oddly (to me) with strange volumes (block trades probably) and some quite erratic movements.

[Bearbull]

	Quote:	BlowFish
	Good advice from AgeKay. I'm not sure what exactly a 'small account' is but the DAX can rip through several thousand euros/contract in seconds. It's certainly no place to be with a small account. I have been trading the FTSE a little recently thats intresting 'feels' more like the DAX than Stoxx. I shelved the DAX several months back as it was just behaving oddly (to me) with strange volumes (block trades probably) and some quite erratic movements.

Yes Dax does require wider stops and can at times be very volatile, however if you learn to identify the recurring patterns and time your entries etc, it can be managed in time.
How do you find FTSE, tried it many years back but found the market lacked liquidity and was too spikey. Any comments of the Stoxx, appears to have enough liquidity, however am not comfortable with the charts. guess it is a matter of getting used to the instrument.

[BlowFish]

I took a break from dax I guess a couple of months before Xmas there where lots of block trades (messing up any read of volume) actually strange volume in several instances. FTSE I find quite similar to DAX though only been on it it about 2-3 weeks. DAX can be pretty spikey too! They both can be thin it has to be said.

[caribbean]

Thanks for the advise, i have to agree with bearbull the charts and movements don't occur in the same manner between DAX and ESTX.
Back to the chart posted, IMHO nothing works without a good "feel" of the market you are observing and it's "moods", if it's stuck in a range you can ride the oscilations with a wider stop, knowing that even if you don't get the entries exactly right it will come back to a profit, but you will have to be weary of the break that will come eventualy, if in a trend take only the signals to the direction of the trend untill the trend is over, that's indicated with lower lows/ higher highs....but not always of course..

[mjp]

I've been trading the DJ EURO STOXX 50 last few weeks. I begin trading about 4:00am Eastern and go for about three-four hours. Good volume and has a steady beat to it usually. Merely trying a mid-Keltner strategy for now. Just trying to grab 4 or 5 ticks at a time. You can kind of feel it stalling at times, then breaks away. Just learning it at the moment, as it fits my current day/night pattern.

[DC STOXX]

Hello all,

From my name , you can see i trade Eurostoxx mainly but touch the dax occasionally as well.

My advice is, keep it simple, these markets trade quite technically in terms of levels & trend lines. Don't bother trading the Dax seriously unless you have $xx,xxx in your account...minimum.

In my opinion as well, you need to take advantage of the liquidity the Eurostoxx offers...you are trading in volatility for liquidity, so get some size on which fit in with your risk parameters.

I am currently working on a mechanical system for scalping the DAX, if anybody else has done this please contact me so we exchange some ideas.