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Dax market profile (FDAX, TPO)


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View Poll Results: Choose session
Full session 0 0%
Full session
0 0%
Just cash 2 66.67%
Just cash
2 66.67%
Both, profile splited 1 33.33%
Both, profile splited
1 33.33%
Voters: 3. You may not vote on this poll

 
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Dax market profile (FDAX, TPO)

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  #1 (permalink)
 kremat0r 
Prague, Czechia
 
Experience: Intermediate
Posts: 69 since Jan 2019
Thanks Given: 12
Thanks Received: 58

Hello traders,

I'm trying to implement market profile into my FDAX trading and now I have a question to you guys.

Dax is trading from 1:15-22:05, cash 9:00-17:30 (CET).

Are you guys using full session or just cash?

Generally I prefer to stay just with cash session, because smaller range and there is some fundamental background for it, but "recently" volume on pre/post cash become bigger and bigger and this makes me thinking.

Examples, difference is big


Thank you

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  #2 (permalink)
 GFIs1 
Switzerland
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Hi @kremat0r

Since the beginning of my trading the DAX I just use cash hours.

Reasons:
stable number of traders
volumes medium to high
volatility predictable
not many influencing from strong indexes - except the US start in the afternoon

after EOD 17:30 the volume is strongly decreasing
volatility much higher - especially until 22:00
no predictable patterns after 17:30

Preparing the day in advance is more important: are there gaps possible before opening cash hour? Are there important news, numbers, speeches during the day?
Can I see patterns of the weekday that are repeating?
Are there holidays during the week or right after the weekend?

Good trades!
GFIs1

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  #3 (permalink)
 kremat0r 
Prague, Czechia
 
Experience: Intermediate
Posts: 69 since Jan 2019
Thanks Given: 12
Thanks Received: 58


Thank you for your response GFIs1
I read your entire thread

My reasons:
  • Less time to trade
  • Possible gap cash close pattern
  • More time to prepare for next session
  • Good volume, dax is thin so before/after cash sometimes it's risky.

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  #4 (permalink)
 
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 Pa Dax 
Netherlands
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I use just cash. 9.00 am till 17.30 CET

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  #5 (permalink)
 
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 SBtrader82   is a Vendor
 
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kremat0r View Post
Hello traders,

I'm trying to implement market profile into my FDAX trading and now I have a question to you guys.

Dax is trading from 1:15-22:05, cash 9:00-17:30 (CET).

Are you guys using full session or just cash?

Generally I prefer to stay just with cash session, because smaller range and there is some fundamental background for it, but "recently" volume on pre/post cash become bigger and bigger and this makes me thinking.

Examples, difference is big


Thank you

I trade only cash hours, but I have the profile split in two or even 3:
A) DAX PIT SESSIION: 9-17.30
B) DAX OVERNIGHT but Pit Session open in US indexes: 17.30-22.10
C) overnight: 22.10-9.00 (of the next day)

in session B) DAX tend to follow US indexes in some way.
Most of the time I groups B and C.

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  #6 (permalink)
 kremat0r 
Prague, Czechia
 
Experience: Intermediate
Posts: 69 since Jan 2019
Thanks Given: 12
Thanks Received: 58

Thank you for response. So I can see more people are into cash.

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Last Updated on January 27, 2023


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