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Munic/Germany
Experience: Intermediate
Platform: Sierra Chart, Bookmap
Trading: ES, 6E, FGBL
Posts: 3 since Mar 2015
Thanks Given: 13
Thanks Received: 10
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Hi form Germany,
based on my personal experience in the last years FDAX is very difficult to trade by DOM due to its ultra thin order book. You often have just 1-2 contracts per level and if algos are active it's a wild up and down which is great if you're on the right side, but if not the tick-size of 12,50 € can harm your account very seriously. FDAX-Mini is a little bit thicker, but also huge and fast moves you don't want to be on the wrong side. I would suggest to have a multiple DOMs open with FDAX, FDAX-Mini, FESX (fat order book), FGBL and 6E to find out which one fits to your risk management and more important to see how these markets correlate to each other i.e. FDAX + FESX + EMini S&P (1. Half of Eurex session) have the tendency to go into the same direction and FGBL and by time 6E into the opposite one. You can use FDAX and it's fast reaction to trigger trades in thicker markets like the FESX or counter position in FGBL.
You may want to have a look at the videos from axiafutures on youtube. They share a lot of insides for the Eurex market and many of their traders focus on FGBL as one of their markets...
All the best
subsession
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