Jumat, 26 Maret 2010

Taming the DAX

I haven't traded the DAX (Eurex stock index) for about 4 years. It can be a very volatile market and you can make a small fortune - out of a large one - if you are not very structured in your trading plan. On the other hand, the DAX provides great opportunities, so if you have the deep pockets and capital for this market, it may be worth a look. But ONLY after extensive SIM and CP in SIM. This market is pushed around by the big money and "they" routinely fake out many traders.

Having looked at charts for a few days and running the FloBot, I am looking forward to trading this market again as it provides more volatility on days when the other markets don't.

 Click to enlarge

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