[brownsfan019]

Seeing that I am trading at 7am EST with the EC, I've been taking a look at the DAX and STOXX Charts to give me another option or two to trade during the hours leading up to the US open.

Just wondering if anyone here is trading the DAX or STOXX futures contracts and your thoughts on these markets.

I'm not looking for strategies on how to trade them as I am simply going to do what I am currently doing, but just wondering if there's some idiosyncrasies I should be aware of.

Note to my buddy Pivot - you may want to look at these with your WRB analysis... Just an idea.

[The Bear]

No but let me know if you find out what the equivalent market internals are for the DAX that equte to the TICK & the TRIN.

I haven't been able to find them. Do they exist?

[brownsfan019]

No idea as I don't use Tick or Trin. Maybe someone else can chime in.

[momentom]

I've been trading the DAX for years. Its probably one of the hardest markets to master, but the most rewarding.

Its become two markets now: The european one from 8am German time until about noon. Then lots of U.S. players join and it gets more volatile with autotrading by computers changing its nature.

Can be a VERY whippy market but you can make 100 euro on a 1 lot in a blink if you are a scalper. Usually, trading in 5 lots works for scalping for me.

I paid a lot to learn this market and know many who could not get profitable before they quit.

Volume now is very good.

There is no tick or trin that i know of but I wouldn't use them anyway.

STOXX follows DAX more or less. These two are like ER2 and YM.

Hope this helps.

[brownsfan019]

Thanks momentom, I appreciate the info.

[notouch]

I've observed DJ STOXX 50 and "random walk" was the phrase that sprung to mind on an intraday basis although on a daily basis it trends nicely. Because the underlying stocks are such a wide variety, different factors can pull it one way or the other. On the positive side the volume is a lot higher than any US stock index future.

I've also traded the FTSE - mainly longer term swings and scalps off of UK economic data.

[torero]

I don't trade DAX yet, but am very interested. Unfortunately, TS is not very receptive with European markets. I may have to find another platform to observe for a while before even considering trading it. Any platform in Europe or US that is acceptable if not excellent for Eurex markets?

[Blu-Ray]

Originally Posted by torero »

I don't trade DAX yet, but am very interested. Unfortunately, TS is not very receptive with European markets. I may have to find another platform to observe for a while before even considering trading it. Any platform in Europe or US that is acceptable if not excellent for Eurex markets?

torero

You can now get Eurex data through tradestation, however you can't trade via them yet, so it is possible to observe it. I'm also waiting for the FTSE data to be released on TS, as I'm based in England , daytrading DAX and FTSE in the morning really appeals.

As Brownsfan says he's up trading at 7am, it's hard work for me having to have a nice lie in til 10-11 before the US start of 2.30pm.