It's better to be out wishing to be in... than to be in wishing to be out!
Swing Trades DAX/DOW/NQ/GOLD
- #3,822
- Sep 10, 2019 3:16am Sep 10, 2019 3:16am
- Joined Jul 2012 | Status: Trader | 31,795 Posts
It's better to be out wishing to be in... than to be in wishing to be out!
- #3,824
- Edited 5:13am Sep 10, 2019 4:59am | Edited 5:13am
- Joined Jul 2012 | Status: Trader | 31,795 Posts
Can anyone explain to me why volatility has completely dried up on the DAX the past few weeks? As far as I can tell, it's not holiday season, so what's the deal....? Cheers
As I wrote already: the DAX is waiting for the ECB on Thursday. Rate decision and QE Yes/No.
Also the rollover to the new contract somewere next Week. That all keeps traders on the sideline. Including me.
The DAX made a nice rally/up move started Aug 28/29 and now last few Days they scratch there heads and wait for further develoments/news.
There is no single reason to keep going up in the DAX. Bad numbers in Germany/Econ slowing down, so the only reason the DAX went up last few Weeks is the hope for (new) helicopter money. Not because of the good German data
It's better to be out wishing to be in... than to be in wishing to be out!
- #3,825
- Sep 10, 2019 5:46am Sep 10, 2019 5:46am
{quote} Hi As I wrote already: the DAX is waiting for the ECB on Thursday. Rate decision and QE Yes/No. Also the rollover to the new contract somewere next Week. That all keeps traders on the sideline. Including me.
I scalp the DAX so I'm generally quite ignorant of fundamentals and larger tf issues.
Does the market always slow at contract rollover like this, as I hadn't noticed it before? (3rd Friday of the month isn't it?)
Also, since I've been back trading the DAX again, I've noticed that it doesn't seem to move much at all on news - certainly far less than it used to a few years ago. As a scalper this suits me fine, but any reason for this? Are there any specific news events other than ECB rate decisions that actually move the index significantly?
- #3,826
- Sep 10, 2019 5:58am Sep 10, 2019 5:58am
- Joined Jul 2012 | Status: Trader | 31,795 Posts
It's better to be out wishing to be in... than to be in wishing to be out!
- #3,827
- Edited 6:43am Sep 10, 2019 6:06am | Edited 6:43am
- Joined Jul 2012 | Status: Trader | 31,795 Posts
It's better to be out wishing to be in... than to be in wishing to be out!
- #3,828
- Sep 10, 2019 6:14am Sep 10, 2019 6:14am
- Joined Jul 2012 | Status: Trader | 31,795 Posts
It's better to be out wishing to be in... than to be in wishing to be out!
- #3,829
- Edited 6:38am Sep 10, 2019 6:25am | Edited 6:38am
- Joined Jul 2012 | Status: Trader | 31,795 Posts
It's better to be out wishing to be in... than to be in wishing to be out!
- #3,831
- Sep 10, 2019 6:29am Sep 10, 2019 6:29am
- Joined Aug 2014 | Status: Trader | 85,189 Posts
I call upon my father's spirit , watching over me
- #3,832
- Sep 10, 2019 6:36am Sep 10, 2019 6:36am
- Joined Jul 2012 | Status: Trader | 31,795 Posts
{quote} Any reason you use Ninja and not PRT? Btw did we ever find out what caused the IG blackout last week?
I use Ninja for at least 6/7 Years now. Made nice software for N8 which I don't want to make on PRT.
Last time I checked PRT there were no good RENKO charts.
Only advantage CFDs is hedging option and no roll over
Blackout no idea. Happens to me as well sometimes without a reason.
It's better to be out wishing to be in... than to be in wishing to be out!
- #3,833
- Sep 10, 2019 6:46am Sep 10, 2019 6:46am
{quote} I use Ninja for at least 6/7 Years now. Made nice software for N8 which I don't want to make on PRT. Last time I checked there were no good RENKO charts on PRT. Blackout no idea. Happens to me as well sometimes without a reason.
Was the first time I've experienced an IG blackout, everything just dead for like 45mins. I'm sure they're still cleaning up the mess lol.
Do you have anywhere outside of this thread that details your trading style, successes, etc?
- #3,834
- Sep 10, 2019 6:48am Sep 10, 2019 6:48am
{quote} Last ECB meeting, on 25th july, DAX and DAX Futures had more 300 pips range in less than 2 hours, but in the past you can check several ECB Meetings where we saw 4/5% day range or even 7% on that day ( march 2016)...I guess is it enough to destroy or to explode any trader account! Pure dynamite...... Regards from Brixen, the survivor......
- #3,835
- Sep 10, 2019 7:01am Sep 10, 2019 7:01am
- Joined Jul 2012 | Status: Trader | 31,795 Posts
It's better to be out wishing to be in... than to be in wishing to be out!
- #3,836
- Sep 10, 2019 7:02am Sep 10, 2019 7:02am
- Joined Aug 2014 | Status: Trader | 85,189 Posts
{quote} Last ECB meeting, on 25th july, DAX and DAX Futures had more 300 pips range in less than 2 hours, but in the past you can check several ECB Meetings where we saw 4/5% day range or even 7% on that day ( march 2016)...I guess is it enough to destroy or to explode any trader account! Pure dynamite...... Regards from Brixen, the survivor......
Then they recovered all losses in a couple of days, wild horse is terrible!
I call upon my father's spirit , watching over me
- #3,837
- Sep 10, 2019 8:34am Sep 10, 2019 8:34am
- Joined Jul 2012 | Status: Trader | 31,795 Posts
It's better to be out wishing to be in... than to be in wishing to be out!
- #3,838
- Sep 10, 2019 8:47am Sep 10, 2019 8:47am
- Joined Jul 2012 | Status: Trader | 31,795 Posts
It's better to be out wishing to be in... than to be in wishing to be out!
- #3,839
- Sep 10, 2019 8:51am Sep 10, 2019 8:51am
- Joined Jul 2012 | Status: Trader | 31,795 Posts
It's better to be out wishing to be in... than to be in wishing to be out!