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DAX Futures December 2020

  • #1,421
  • Oct 14, 2020 2:01pm Oct 14, 2020 2:01pm
Quoting Brixen
{quote} DAX CFDs are referred to DAX CASH INDEX price. Then you know CFD spread is not the same of FDXM/FDAX, specially current time of the day, I mean after hours Europe. So I have to manage 2 different prices as I underlined often on my charts, for instance DAX Futures are roughly 15 pts lower than DAX CASH INDEX price.
yes .. too complex, but you often mentioned that you have a talent for numbers. i had a broker that offered CFDs for both markets, xetra dax and fdax.
but do you use the same platform for futures and CFDs? so you see at one glance the total of your positions?
or is it two separate platforms?
  • #1,422
  • Oct 14, 2020 2:08pm Oct 14, 2020 2:08pm
Quoting Brixen
{quote} DAX CFDs are referred to DAX CASH INDEX price. Then you know CFD spread is not the same of FDXM/FDAX, specially current time of the day, I mean after hours Europe. So I have to manage 2 different prices as I underlined often on my charts, for instance DAX Futures are roughly 15 pts lower than DAX CASH INDEX price.
Evening Brixen, does your broker CFD provider offer a CFD onb the DAX Futures price though?

Mine does, so it offers a CFD for both the DAX Cash and the DAX Futures December contract. Spread is 1.0 on the Cash and 2.0 on the Futures. They have confirmed to me (and I have observed it) that the Futures CFD is a direct feed from the Eurex Futures data. Whereas they explained to me that the CFD on the Cash Index is not exactly the Stock Exchange Index - it is an algorithm that emulates it. They said to me that all CFD providers use an emulated Cash Index??
  • #1,423
  • Oct 14, 2020 2:11pm Oct 14, 2020 2:11pm
Quoting karuner
{quote} yes .. too complex, but you often mentioned that you have a talent for numbers. i had a broker that offered CFDs for both markets, xetra dax and fdax. but do you use the same platform for futures and CFDs? so you see at one glance the total of your positions? or is it two separate platforms?
That's right, same platform for DAX CFDs, FDXM and FDAX. Then if you take into account I can manage intraday and overnight postions Futures , I have 5 different choices same time, same plaftorm.
The only way to survive here, at the speed of light sometimes we have on rollercoaster day.
I call upon my father's spirit , watching over me
  • #1,424
  • Oct 14, 2020 2:15pm Oct 14, 2020 2:15pm
Quoting steve2222
{quote} Evening Brixen, does your broker CFD provider offer a CFD onb the DAX Futures price though? Mine does, so it offers a CFD for both the DAX Cash and the DAX Futures December contract. Spread is 1.0 on the Cash and 2.0 on the Futures. They have confirmed to me (and I have observed it) that the Futures CFD is a direct feed from the Eurex Futures data. Whereas they explained to me that the CFD on the Cash Index is not exactly the Stock Exchange Index - it is an algorithm that emulates it. They said to me that all CFD providers use an emulated...
No, CFDs only referred to DAX CASH INDEX, but this is good for me, otherwise I go crazy for all these numbers and quotes Steve......

then on rollover futures weeks you have to amplify for 2 .....I must have a calculator instead of a brain.....

A couple of decades ago, it was unthinkable to have all these features available for trading, for an ordinary man, as me, as you.....
I call upon my father's spirit , watching over me
  • #1,425
  • Oct 14, 2020 2:16pm Oct 14, 2020 2:16pm
Quoting steve2222
{quote}Whereas they explained to me that the CFD on the Cash Index is not exactly the Stock Exchange Index - it is an algorithm that emulates it. They said to me that all CFD providers use an emulated Cash Index??
to my knowledge there are some brokers that guarantee true xetra-DAX prices for their CFDs. but it makes no real difference.
there are several dax prices, not only xetra. xetra closes at 17.30 and we still trade CFDs after that time. there are other dax price feeds that are reliable (e.g. deutsche bank, lang+schwarz etc.). dax is calculated on the basis of 30 german stock prices and as long as stocks are traded, one can calculate a price for the dax. i wouldn't call it emulation..
  • #1,426
  • Oct 14, 2020 2:18pm Oct 14, 2020 2:18pm
Quoting Brixen
There's nothing to trade here, imho, I mean on DAX. So done my day:+5+19+2+10=TOTAL +36 pips FDXM.
OK, done my day:+36+17+10=TOTAL + 63 pips FDXM.

I was too shy at 95..zone this evening, but frankly I expected a crash towards 850 zone.
But as we all know, better don't think too much in this job and better follow the waves.....
I call upon my father's spirit , watching over me
  • #1,427
  • Oct 14, 2020 6:14pm Oct 14, 2020 6:14pm
Quoting karuner
{quote} ... i know your position on this virus. but one can not accept how they shut down and denigrate critical and dissent voices in our countries. don't know about italy. but in germany this is no good thing.
So not to leave that uncommented. When these 'critical voices' downplay the virus or equate it with the flu, it is a good thing not to give them a stage and to contradict them clearly. But this is the wrong place for this discussion.
Back to trading.
It could be worse.
  • #1,428
  • Oct 15, 2020 1:03am Oct 15, 2020 1:03am
914 bought 1 FDXM together 1 DAX CFD 930 zone now
I call upon my father's spirit , watching over me
  • #1,429
  • Oct 15, 2020 1:07am Oct 15, 2020 1:07am
Quoting Brixen
914 bought 1 FDXM together 1 DAX CFD 930 zone now
900 and 901 added now
I call upon my father's spirit , watching over me
  • #1,430
  • Oct 15, 2020 1:09am Oct 15, 2020 1:09am
Quoting Brixen
{quote} 900 and 901 added now
Now I have 3 FDXM 904,5 + 2 DAX CFD 923.
I call upon my father's spirit , watching over me
  • #1,431
  • Oct 15, 2020 1:15am Oct 15, 2020 1:15am
DAX CASH INDEX official yd lows stands at 12975, so an huge gap in sight at 9CET.
I call upon my father's spirit , watching over me
  • #1,432
  • Oct 15, 2020 1:16am Oct 15, 2020 1:16am
Quoting Brixen
{quote} Now I have 3 FDXM 904,5 + 2 DAX CFD 923.
893 added now
I call upon my father's spirit , watching over me
  • #1,433
  • Oct 15, 2020 1:18am Oct 15, 2020 1:18am
Quoting Brixen
{quote} 893 added now
Now I have 4 FDXM 901.
and 2 DAX CFD923 FOR NOW
I call upon my father's spirit , watching over me
  • #1,434
  • Oct 15, 2020 1:42am Oct 15, 2020 1:42am
I have 3 DAX CFD 916,5 NOW.
I call upon my father's spirit , watching over me
  • #1,435
  • Oct 15, 2020 1:52am Oct 15, 2020 1:52am
877 AND 878 ADDED NOW 2 fdxm +890 zone added 1 DAX CFD
I call upon my father's spirit , watching over me
  • #1,436
  • Oct 15, 2020 1:57am Oct 15, 2020 1:57am
I have now 6FDXM 892,5 + 4 DAX CFD 909,5.

On possible spikes up after the official open I will reduce something, as usual.

few additionals below my entry price and until 84..zone.

I have to understand, or better say try to understand if they want a one way day trade or if they wil try to cover yd gap in place.
I call upon my father's spirit , watching over me
  • #1,437
  • Oct 15, 2020 1:59am Oct 15, 2020 1:59am
862 added 2 FDXM now
I call upon my father's spirit , watching over me
  • #1,438
  • Oct 15, 2020 1:59am Oct 15, 2020 1:59am
and 870 zone added 2 DAX CFD now
I call upon my father's spirit , watching over me
  • #1,439
  • Oct 15, 2020 2:04am Oct 15, 2020 2:04am
Quoting Brixen
and 870 zone added 2 DAX CFD now
800 zone now added 4 FDXM
I call upon my father's spirit , watching over me
  • #1,440
  • Oct 15, 2020 2:07am Oct 15, 2020 2:07am
and added 4 DAX CFD 820 ZONE
I call upon my father's spirit , watching over me
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