EuroStoxx 50 Timeframes

[eurotrader 10]

I've been looking at a multitude of differnt time periods from time based to tick, volume, etc. with out coming to any firm conclusion. I would appreciate any advice or feedback from other Euro Stoxx 50 traders as to an intraday time period that seems to work best on a consistent sort of basis for the Stoxx, i.e. 5 min, 233 tick, etc. Many thanks.

[shrike 10]

I've seen eurostoxx50 too , but I've noticed that it moves following USA market as all another markets here in Europa they do.

So simply I changed and i trade only USA market,CME emini

[sevensa 10]

I've been looking at a multitude of differnt time periods from time based to tick, volume, etc. with out coming to any firm conclusion. I would appreciate any advice or feedback from other Euro Stoxx 50 traders as to an intraday time period that seems to work best on a consistent sort of basis for the Stoxx, i.e. 5 min, 233 tick, etc. Many thanks.

 

This is a very vague question. This is like asking what is the best car for me. How can anyone answer that without knowing what I need a car for? Without saying what kind of trading you do, I don't think anyone can even try to answer your question. And once you define exactly what you need it for, you probably would be able to answer your own question.

[eurotrader 10]

Markets have their own rhythms as I'm sure you are aware. A couple of years ago the FESX seemed to have nice flow or rhythm on a 199 or 233 tick chart (we are obviously talking intraday here). Since the market crash this flow seems to have shifted dramatically, if not disappeared. I have yet to find a time period in which this flow is evident so was looking for input from other Euro Stoxx 50 traders.

[BlowFish 10]

Decide what size swings you want to capture (working out roughly how big the swings actually are will help, do it by eyeball or more quantitative methods). Also decide if you want to take the major intraday swings or the smaller fluctuations. This will allow you to pick a TF chart that lets you see what you need to see to clearly identify those swings. Some people pick a larger chart for context and a smaller one for a trigger.

 

I guess in short I am saying change your emphasis. Decide what you want and pick tools that let you achieve it. Sounds like you might be heading down the right path however, this is one of the few things we can control so it is worth devoting some effort to (imho).

[electroniclocal 10]

Try 5 point range bar. It gets rid of a lot of noise and is consistent unlike tick and time charts. See examples on my blog electroniclocal.blogspot.com - nothing for sale.

[eurotrader 10]

Many thanks BlowFish. I scalp the first third at a set target, take the next third off at the second target, and let the remainder ride. I haven't found a tick setting, or a minute based chart under 5, that gives the flow as it use to. At the moment I've settled on the 5 minute while I continue the search. Will also have to have a look at range charts as per electroniclogical's reply. Cheers.

[eurotrader 10]

Thanks electroniclocal. I've haven't really looked at range based charts closely but will experiment with them to see how they compare with tick and minute charts. Had a quick squint at your blog. Looks very interesting and will have a much closer read through this coming week. Cheers.