SPX and DAX - CFDs are the place to be | Page 156 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

NAS100 NASDAQ100 ONLY (ND and NQ Futures and CFDs) 227 replies

NAS100 NASDAQ100 Only (ND and NQ Futures and CFDs) 3 replies

Best Way To Track The S&P: SPX or SPY? 1 reply

finding good trades with Nasdaq, dow, spx, and dax 43 replies

US$/SPX/CL/HKG and Chinese Trading 1 reply

Attachments: SPX and DAX - CFDs are the place to be
Exit Attachments

SPX and DAX - CFDs are the place to be

  • #3,101
  • Sep 26, 2014 1:58am Sep 26, 2014 1:58am
Thank you Ata-Turkoglu and Thank you Islander

I do use Metatrader 4,

My current market watch list contains FDAX.Z14 (Future DAX , Dec '14, Calculation: Futures, Trade: Full)
The one that expired was FDAX.U14 (according to broker's email)

There is no other DAX symbol apart from this FDAX.Z14, so no there is no continuous cash contract. There's only the future symbol.
  • #3,102
  • Sep 26, 2014 1:58am Sep 26, 2014 1:58am
Quoting geomoon
{quote} GM Captain, is there a book or a place ,website that can have such rules for trading ? Cheers
Easy, thanks to Wikipedia:
Futures: http://en.wikipedia.org/wiki/Futures_contract
CFDs: http://en.wikipedia.org/wiki/Contract_for_difference
Options: http://en.wikipedia.org/wiki/Option_%28finance%29
FX Market: http://en.wikipedia.org/wiki/Foreign_exchange_market
Stock Market: http://en.wikipedia.org/wiki/Stock_market

Happy Trades
Focus only on what truly matters!
  • #3,103
  • Sep 26, 2014 2:09am Sep 26, 2014 2:09am
Quoting dmfx
Thank you Ata-Turkoglu and Thank you Islander I do use Metatrader 4, My current market watch list contains FDAX.Z14 (Future DAX , Dec '14, Calculation: Futures, Trade: Full) The one that expired was FDAX.U14 (according to broker's email) There is no other DAX symbol apart from this FDAX.Z14, so no there is no continuous cash contract. There's only the future symbol.

an alternative is to open a demo with say A l p a r i or F X C M - both of which have the cash option.....
Trading Levels with WRBs
  • #3,104
  • Sep 26, 2014 2:13am Sep 26, 2014 2:13am
Fdax (1 min)

Bullish pennant seems to be broken.. price can go up for a while..

Happy Trades
Focus only on what truly matters!
  • #3,105
  • Sep 26, 2014 2:20am Sep 26, 2014 2:20am
Yes, I see what you mean - that way I can look at previous S/R levels.
I'm also going to ask the broker to include the cash option. They have been co-operative so far.
If they include it, I'm all set. If they don't, I'll leave them.

On another note, I've just started trading CFDs (being trading forex all the while before) and
I find CFDs less frustrating than forex ( so far ).
However, I'm bad at money and emotion management so even though I make make profits
in the morning, I lose them all at night.
Thinking that if I could withdraw profits as and when I make them, ( say at the end of the day ),
I'd probably survive this game and live off trading. That is why I looked for a broker allowing
fast withdrawal multiple options and chose xglobal.
But if they do not include the cash option for DAX when I ask them, then I would think they're out to fleece newbies.
I mean why would I even have to 'ask' for something like that ?
Thanks!
  • #3,106
  • Sep 26, 2014 2:34am Sep 26, 2014 2:34am
Quoting Ata-Turkoglu
Fdax (1 min) Bullish pennant seems to be broken.. price can go up for a while.. Happy Trades
9547 was the target equal to the flag pole of last pennant.. I am expecting a fight to climb above 9575.. if not then continuation of main downtrend..

Happy Trades
Focus only on what truly matters!
  • #3,107
  • Sep 26, 2014 2:38am Sep 26, 2014 2:38am
Quoting dmfx;7763973However,[B
I'm bad at money and emotion management so even though I make make profits in the morning, I lose them all at night.[/b]
You need to have set targets both forward & back. When your target is hit, do not trade again until you have found another target either in the same direction or back.
It's easy to win & even easier to lose
  • #3,108
  • Sep 26, 2014 2:43am Sep 26, 2014 2:43am
One long trade.
EP@9490 when find the divergence in H1 M30 M15.
TP @9540 when PA touching the down trendline + 80% ADR on my chart.
Attached Image (click to enlarge)
Click to Enlarge Name: M30.jpg Size: 130 KB

Attached Image (click to enlarge)
Click to Enlarge Name: M1DAX.jpg Size: 131 KB
  • #3,109
  • Sep 26, 2014 2:47am Sep 26, 2014 2:47am
Quoting capetown
{quote} From where You get info about options expiring and etc..good source, a lot of people write about it....options expire as good affect of price.
Time (GMT) Country Data
10.15 UK FTSE 100 futures and options expire
11.00 EU EuroStoxx 50 futures and options expire
12.00 DE Dax futures and options expire
14.30 US US equities futures and options expire

Options Expiration Calendar 2014 http://www.marketwatch.com/optionscenter/calendar

Hope that helps - AK
Be Greedy
Dices Return This Week: na
  • #3,110
  • Sep 26, 2014 2:51am Sep 26, 2014 2:51am
Quoting xiaoxin
One long trade. EP@9490 when find the divergence in H1 M30 M15. TP @9540 when PA touching the down trendline + 80% ADR on my chart. {image} {image}
Hi brother.. did you took the trade or will you? If you tell us what you did then I don't know what we should do with that info

Happy Trades
Focus only on what truly matters!
  • #3,111
  • Sep 26, 2014 3:02am Sep 26, 2014 3:02am
Quoting Ata-Turkoglu
{quote} Hi brother.. did you took the trade or will you? If you tell us what you did then I don't know what we should do with that info Happy Trades


Same confusion from my side...
  • #3,112
  • Sep 26, 2014 3:08am Sep 26, 2014 3:08am
Quoting sunaif
{quote} Same confusion from my side...
I would like to KINDLY remind all of you what doggette requested on post 1:

HINDSIGHT NOT ALLOWED!!!!
SHOULDA WOULDA COULDA has no place in trading.
DISRESPECTFUL posts won't be tolerated either.

That's what she wanted.. so let's continue the party

Happy Trades
Focus only on what truly matters!
  • #3,113
  • Sep 26, 2014 3:12am Sep 26, 2014 3:12am
Quoting mv6
{quote} http://www.tradersdaytrading.com/ell...ve_theory.html http://blogtradera.pl/edukacja/korekty :nerd: http://www.esignal.com/support/advan...ott_wave2.aspx Irregular Corrections In this type of correction, Wave B makes a new high. The final Wave C may drop to the beginning of Wave A or below it. {image} {image} {image}

Interesting topic and thank you for sharing you view.

I guess with all technical analysis it comes down to your individual beliefs and ideas of market movements. From my experience I personally do not consider flats to be a corrective wave and generally I would see the formation as consolidation, showing strength for a continuation in the direction of the impulse wave.
  • #3,114
  • Sep 26, 2014 3:17am Sep 26, 2014 3:17am
Quoting Ata-Turkoglu
{quote} Hi brother.. did you took the trade or will you? If you tell us what you did then I don't know what we should do with that info Happy Trades
Hi, AT,
I have done this trade.
I should make clear that we should pay attention to the down trendline.
You mean that we'd share more info to prepare a trade?
In my view, posting charts of a close trade is also a kind of sharing trading ideas.
Ms xiaoxin
  • #3,115
  • Sep 26, 2014 3:19am Sep 26, 2014 3:19am
Another bullish pennant is building itself on 1 minute.. uptrend correction still may continue..

Happy Trades
Attached Image
Focus only on what truly matters!
  • #3,116
  • Sep 26, 2014 3:22am Sep 26, 2014 3:22am
Quoting xiaoxin
{quote} Hi, AT, I have done this trade. I should make clear that we should pay attention to the down trendline. You mean that we'd share more info to prepare a trade? In my view, posting charts of a close trade is also a kind of sharing trading ideas. Ms xiaoxin
Ok suit yourself but you will never see me doing that on this thread

Happy Trades
Focus only on what truly matters!
  • #3,117
  • Sep 26, 2014 3:33am Sep 26, 2014 3:33am
Quoting Doh
{quote} You need to have set targets both forward & back. When your target is hit, do not trade again until you have found another target either in the same direction or back.
Yes - thats what I do in Demo Live trading takes all my skills out the window In demo I look at technical analysis, but in Live I look at the current loss
My money management is not good at all, I trade high leverage with little capital, hope a lot and let my losses run till I'm broke.
  • #3,118
  • Sep 26, 2014 3:46am Sep 26, 2014 3:46am
Fdax

Be careful of the 9536 barrier.. tiny but strong!!!

Happy Trades
Focus only on what truly matters!
  • #3,119
  • Sep 26, 2014 3:52am Sep 26, 2014 3:52am
Quoting Islander
{quote} I don't know - try a search in FF or in google. The fact that the closing price is the third input for the daily pivot calculation tells you that it is important and watched by the pros PS: check my old thread....I've posted an indy there that may help...

maybe it's my mistake as I didn't make my question clear, I meant that I noticed that have good separated rules for trading DAX, some rules based on Gaps, day close, Price action, Fibo......
what I meant is that : is there a place,a book, website.... that have many rules in one place for trading Dax successfully based on someone experienced trader like yourself ?
Cheers
  • #3,120
  • Sep 26, 2014 4:09am Sep 26, 2014 4:09am
Quoting Ata-Turkoglu
Fdax Be careful of the 9536 barrier.. tiny but strong!!! Happy Trades
Now we could go back to 9485 again
Focus only on what truly matters!
5 traders viewing now