NexusFi: Find Your Edge


Home Menu

 





Question regarding S/R on Spot and Futures Instrument


Discussion in Traders Hideout

Updated
    1. trending_up 1,316 views
    2. thumb_up 1 thanks given
    3. group 0 followers
    1. forum 3 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
Phlong1337
Frankfurt, Germany
 
Posts: 3 since Nov 2018
Thanks Given: 2
Thanks Received: 0

Hey there!
So I've been paper trading the Mini DAX on TradingView for a while with real time data with my strategy. It's going okay. Still some improvements to do to reduce taking bad trades. I use the Range10 Chart for my entries and previous support/resistance zones for my exit. However, the DAX has made a new year high and the future contract that expires in June '19 doesn't have the price information in the coming price range. (Remember: I use previous future prices as s/r).

How would I now draw the new s/r zone? I could of course check the spot price history (DAX on XETRA) but future price and spot price have a difference in price. So it wouldn't be precise.

I attached a screenshot to show you an example


If it went south no, no problem. But if the trend continues to go up I can't spot the next resistance on that chart.

Any tips would be appreciated.

Thank you!


Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Datafeed for Atas
Platforms and Indicators
Ninjatrader users - good CONNECTIONs post and article fr …
NinjaTrader
Fed Hike Odds at 57% After Warsh: England Surges 12.9%, …
Prediction Markets & Event Contracts
Would a node-based workflow for automated trading be useful?
Traders Hideout
Warsh Drops Easing Bias, December Hike Now Above 50% -- …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Want your NinjaTrader indicator created, free?
5 thanks
Converting NT7 indicators to NT8 for free
1 thanks
FootPrintV2 Chart for NT8
1 thanks
BERN ALGOS algo trading journal
1 thanks
Diary of a simple price action trader
1 thanks
  #3 (permalink)
 tr8er 
Europe
Market Wizard
 
Experience: Advanced
Platform: SierraChart, BookMap
Trading: ES, CL, 6E, 6B
Posts: 688 since Jan 2017
Thanks Given: 230
Thanks Received: 729


To get this levels from the past, you have to use a continuous contract (with not backadjusted data).

For trading the FDXM, I always use the FDAX-chart and execute the FDXM on the DOM.


Reply With Quote
Thanked by:
  #4 (permalink)
Phlong1337
Frankfurt, Germany
 
Posts: 3 since Nov 2018
Thanks Given: 2
Thanks Received: 0


tr8er View Post
To get this levels from the past, you have to use a continuous contract (with not backadjusted data).

For trading the FDXM, I always use the FDAX-chart and execute the FDXM on the DOM.

Merci! This is exactly what I was looking for.


Reply With Quote




Last Updated on April 4, 2019


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts