Less than one week ago i was posting on another thread how forex is soo illiquid compared to stock indices, we all have seen the fx market hugely impacted from various "news", that of course is nothing bad at all, it's just how currency market work.
I love forex, i've traded forex for 10 years now and it gave me a great time, great profits, and it made possible for me to have a great lifestyle, i've a big sense of thankfulness for this wonderful market that give soo many oportunities to the average Joe.
However, life is always new, always changing, and i found myself right now migrating from the loved fx market to a new (for me) market, more liquid, less "spiky", more calm one: the stock index markets.
I don't trust the us stock indices, they looks to me as "spiky" and illiquid as the fx market, and as the whole point here is to trade a market that is very liquid, looking around i've found what is my choice:
(from wikipedia)
- German Dax
The DAX (Deutscher Aktienindex (German stock index)) is a blue chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange.
- Euro Stoxx 50
The EURO STOXX 50 is a stock index of Eurozonestocks designed by STOXX, an index provider owned byDeutsche Brse Group and SIX Group. According to STOXX, its goal is "to provide a blue-chip representation of Supersector leaders in the Eurozone". It is made up of fifty of the largest and most liquid stocks. The index futures and options on the EURO STOXX 50, traded onEurex, are among the most liquid such products in Europe and the world.
Both have 1pip spread (on my broker), and we have an average daily range for dax that goes from 200 to 300pips, and Euro Stoxx around 100-120pips.
Their charts are very similar, perhaps the dax is a little bit more volatile and prone to wild moves than euro stoxx, yet nothing crazy compared to fx.
***Update:
- FTSE100
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" /ˈfʊtsiː/, is a share index of the 100 companieslisted on the London Stock Exchange with the highest market capitalization.
- CAC40
The CAC 40 (French: CAC quarante [kak kaʁɑ̃t]) (Cotation Assiste en Continu) is a benchmark French stock market index. The index represents a capitalization-weighted measure of the 40 most significant values among the 100 highest market caps on theEuronext Paris (formerly the Paris Bourse).
Both the ftse100 and the cac40 have a 1pip spread (on my broker) and an average daily range of around 140pips for CAC40 and 100pips for ftse100.
So we have 4 good stock indices to trade, they all looks very similar.
What about this thread:
This thread is open to anybody that do trade either the dax, the eustx50, the ftse100 and the cac40, everybody is free to post his/her trade calls, charts, analysis, ideas, opinions, comments, executed trades etc.
I will also post my opinions, trade calls, analysis, ideas, opinions, comments, and executed trades.
Every trading style is welcome (from the long-term trader to the 1pip scalper).
The only rule (please read carefully and observe this rule, otherwise there is a sure ban):
Only post about the above markets, no forex, no commodities, no anything else.
Best wishes to you!
I love forex, i've traded forex for 10 years now and it gave me a great time, great profits, and it made possible for me to have a great lifestyle, i've a big sense of thankfulness for this wonderful market that give soo many oportunities to the average Joe.
However, life is always new, always changing, and i found myself right now migrating from the loved fx market to a new (for me) market, more liquid, less "spiky", more calm one: the stock index markets.
I don't trust the us stock indices, they looks to me as "spiky" and illiquid as the fx market, and as the whole point here is to trade a market that is very liquid, looking around i've found what is my choice:
(from wikipedia)
- German Dax
The DAX (Deutscher Aktienindex (German stock index)) is a blue chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange.
- Euro Stoxx 50
The EURO STOXX 50 is a stock index of Eurozonestocks designed by STOXX, an index provider owned byDeutsche Brse Group and SIX Group. According to STOXX, its goal is "to provide a blue-chip representation of Supersector leaders in the Eurozone". It is made up of fifty of the largest and most liquid stocks. The index futures and options on the EURO STOXX 50, traded onEurex, are among the most liquid such products in Europe and the world.
Both have 1pip spread (on my broker), and we have an average daily range for dax that goes from 200 to 300pips, and Euro Stoxx around 100-120pips.
Their charts are very similar, perhaps the dax is a little bit more volatile and prone to wild moves than euro stoxx, yet nothing crazy compared to fx.
***Update:
- FTSE100
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" /ˈfʊtsiː/, is a share index of the 100 companieslisted on the London Stock Exchange with the highest market capitalization.
- CAC40
The CAC 40 (French: CAC quarante [kak kaʁɑ̃t]) (Cotation Assiste en Continu) is a benchmark French stock market index. The index represents a capitalization-weighted measure of the 40 most significant values among the 100 highest market caps on theEuronext Paris (formerly the Paris Bourse).
Both the ftse100 and the cac40 have a 1pip spread (on my broker) and an average daily range of around 140pips for CAC40 and 100pips for ftse100.
So we have 4 good stock indices to trade, they all looks very similar.
What about this thread:
This thread is open to anybody that do trade either the dax, the eustx50, the ftse100 and the cac40, everybody is free to post his/her trade calls, charts, analysis, ideas, opinions, comments, executed trades etc.
I will also post my opinions, trade calls, analysis, ideas, opinions, comments, and executed trades.
Every trading style is welcome (from the long-term trader to the 1pip scalper).
The only rule (please read carefully and observe this rule, otherwise there is a sure ban):
Only post about the above markets, no forex, no commodities, no anything else.
Best wishes to you!