I trade FDAX short term (1 - 100 min) and I have often heard that it would be important to observe the FGBL.
So I've been watching the FGBL for a few weeks now.

I have tried to use it as a filter for my set-up, Not good.

I've tried to take him into account in position management: Hold or take? Even worse!

I don't understand what this guy trys to tell me?

Question: Do you use the FGBL in FDAX short term trading? If so, for what?

Willbur

This is just a classic/logical/standard interpretation, if equities (FDAX, ES...) move up, financials (FGBL, ZB...) should move down and vice versa. This is called correlation. This happens very often, but not all the time.

I also find these correlation / inverse correlation adding a lot of noise on very short term trading.
If the other instrument is in a period when it is leading, fine, but if it's lagging, you'll miss trades waiting for confirmation.

I end up watching the order flow of my instrument: if money is pulled / added it will show in order flow.