Best Trading Platform for Day Trading: Tradestation Our second pick for the best day trading platform for beginners is Tradestation. Tradestation is a multi-asset, award-winning trading platform. I am new to elitetrader and would like to share my strategies on Dax futures trading. My method is quite simple and seems to work very well. On 1 min chart, I use Keltner bands, volume and sto 14/3/3. I only enter a trade on pullbacks from the major trend when sto is overbought (75) or oversold (25). My stoploss is always 4 pts and target is 8 pts.
Dax Trading: The Basics. is one of the world’s most widely followed and traded index es. Dax news and analysis can inform DAX trading strategy, and using common technical patterns. When trading Dax traders should use a stop loss and little to no leverage.Why trade the Dax 30?The is one of the world’s most actively traded indices and provides traders with a high degree of liquidity, tight trading spreads and long trading hours. The FSE trading hours for the DAX are 09:00 GMT to 17:45 GMT and most providers will also give pre and post-market indications. This is to help traders gauge where markets are expected to open and where they are quoted after the official market has closed.Dax trends can be easy to spot making it a favourite market to trade. Additionally, Dax traders find the technical patterns to be clean on a multitude of time frames.
Due to these factors, traders from around the world follow the Dax and use it to gain exposure or hedge their exposure to equities.Traders should look to trade Dax 30 when the market is at its most liquid. Trading in low-liquidity conditions leaves traders at risk of low-volume ‘spikes’ or ‘blips’ that can break outside of normal trading patterns. For example, the chart below shows how the intraday Dax volumes increase near the open and the close of the cash market. This indicates when the liquidity is generally higher for trading Dax 30.Data source: Bloomberg from August 13-18, 2018, DAX futures What moves the Dax 30?When trading the Dax, a number of variables come into play and traders must be aware of their potential impact and the effect they will have on the value of the index. About your FOREX.com Demo AccountA demo account is intended to familiarize you with the tools and features of our trading platforms and to facilitate the testing of trading strategies in a risk-free environment. Results achieved on the demo account are hypothetical and no representation is made that any account will or is likely to achieve actual profits or losses similar to those achieved in the demo account.
Conditions in the demo account cannot always reasonably reflect all of the market conditions that may affect pricing and execution in a live trading environment. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits.
We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.FX Publications Inc (dba DailyFX) is registered with the Commodities Futures Trading Commission as a Guaranteed Introducing Broker and is a member of the National Futures Association (ID# 0517400). Registered Address: 32 Old Slip, Suite 803; New York, NY 10005.