Dax and FTSE volume??
Hi, apologies for the questions. I trade futures, mainly bund, eurostoxx 50 and sandp/dow, with some currencies mixed in for good measure (am intraday swing trader so can handle all the different charts, many of which are related anyway).
Have been looking closer at the Dax and FTSE, and have to say that I like what I see, but in terms of futures volume, there is not much info to be gained as the Dax has VERY thin volume, and the FTSE isn't brilliant. Does anyone know if there is a way to get realtime cash index data on volume, or are the cash indices not traded and just an indicative averaged value which the futures market then packages into a tradeable product through a centralised exchange?
I use volume to determine strong support and resistance levels, and whilst a lot can be gained by common sense (e.g. a swing low created from 8am-9am=high volume), some of the other intraday levels are impossible to gauge without an idea of volume. Any ideas? Am thinking that something like an option (e.g. SPX for SandP) might be another way of viewing interest/participation, but am not sure if there are any active options vehicles for Dax/Ftse markets.
Thanks for any help that can be provided, and sorry for hijacking the thread a bit.
Regards,
Bootsy