Simple question here.. does the DAX generally move better during European or New York hours?

imho in the european day during the cash session ... from 9:00 am to 17.30....
and often, after the us market open from 15.30, it can follow wallstreet...

sorry, I didn't really phrase the question very well.

I meant - European morning or European Afternoon? i.e. Europe when NY is sleeping or Europe when NY is in the market as well?

The DAX represents the 30 largest companies in Germany, so you can be sure that the FDAX moves more realistic during the German cash-session.

ycomp 

sorry, I didn't really phrase the question very well. I meant - European morning or European Afternoon? i.e. Europe when NY is sleeping or Europe when NY is in the market as well?

eh eh the answer is not changing too much. During the European morning , as I said, you have a lot of movement ...it is just quiet sometimes between 12:00 and 14:00 but it is traded all day since the 17:30 ... after that hours the volume goes down

and of course during 15:30 - 17:30 it can be influenced by wallstreet....

so you can trade it in both timeframes...

thanks.. I was wondering because the last few times I looked at the charts the DAX didn't seem to be moving much in euro morning but was moving well in US morning

Do yourself a favour and do the following. It takes discipline but it'll save you a lot of grief.
Only trade the Dax from 8am (when it opens in my timezone) to about 10.30am. Sometimes earlier. It is the most liquid time when it will move the most. Not to say it won't move after this time, but in general that's when you want to be trading it. make your own observations, maybe it can stretch to 11am but you'll find that after that it tends to enter a dead zone where you will be entering trades based on what you think will be momentum but actually it's no longer there as people aren't trading.

Only trade US markets i.e. the SandP or Dow, from 2.30 pm which is when they open in my timezone. Same thing-trade the first two hours and that's it. If you trade news then obviously trade the announcements before the US open. You can keep an eye on the Dax but the US markets rule the roost in the afternoon. If you see a massive short developing on the Dax in the afternoon, but US markets are heading higher, then it just isn't the same trade so is best to just focus on them. Well, that's my opinion anyway.

Keab 

Do yourself a favour and do the following. It takes discipline but it'll save you a lot of grief. Only trade the Dax from 8am (when it opens in my timezone) to about 10.30am. Sometimes earlier. It is the most liquid time when it will move the most. Not to say it won't move after this time, but in general that's when you want to be trading it. make your own observations, maybe it can stretch to 11am but you'll find that after that it tends to enter a dead zone where you will be entering trades based on what you think will be momentum but actually it's no longer there as people aren't trading. Only trade US markets i.e. the SandP or Dow, from 2.30 pm which is when they open in my timezone. Same thing-trade the first two hours and that's it. If you trade news then obviously trade the announcements before the US open. You can keep an eye on the Dax but the US markets rule the roost in the afternoon. If you see a massive short developing on the Dax in the afternoon, but US markets are heading higher, then it just isn't the same trade so is best to just focus on them. Well, that's my opinion anyway.

What US indices do you prefer and why?

Dow or SandP. I trade with a specific edge that might occur in either market so I cover both.