Mira wrote:LeMercenaire wrote:My usual morning DAX trade was as simple as simple gets today.
DAX30H1simpleDAXmoveassimpleascanget22ndMar18.png
DAX30H1stilltruckin22ndMar18.png
NB: Please note that this charting broker is one of the simple souls who close their DAX desk overnight and so these candles jump from the 20:00 to the 07:00. I use this one as it has the S+D and Pivot info on it - but I don't place trades here. The live-trade broker I use shows the overnight info.
AH
Do you mean that the DAX is open at night?
I’m sorry, ignorance is a bad btch
I use Avatrade (honestly I don’t know how bad it is lol) as broker and it has the 20.00-9.00 close..
Thanks Lem!
Well, yes and no.
For instance, The Eurex runs futures from 07:00 - 21:00 uk time, however unless I am hallucinating every morning, I am seeing data on price movements in the hours before that.
The Frankfurt Stock Exchange shows trading hours as 10:00 - 18:45.
Most brokers will list DAX trading from 07:00 - 21:00.
The availability of price info doesn't mean you can trade it though, as most if not all brokers will not
allow you to place trades until at least 07:00.
My comment was a nod to the fact that while I cannot
trade it before 07:00, I will have an 06:00 - 07:00 candle to base my method off of (plus all the overnight ones previous), whereas brokers like the one whose chart I used above don't even bother to offer that, simply showing a gap between their own evening close at 20:00 and the 07:00 candle.
My own broker breaks their candles between 20:00 - 22:00. If I
do want to go in in the hour before the official UK Open, then my spreads are double by the way.