Dax trading
I've often thought that a DAX trading thread would be an interesting project. The trouble is, as with all threads on T2W, it seems to degenerate into a slanging match. Posting trade entries and stops is interesting in the moment, but its not very helpful. This is not a "live trade room" Why is it that there are 101 "live trade rooms" for the US e-minis, but virtually nothing in the UK. Yet there are legions of spreadbetters here, looking for guidance. The trouble is, most of the time in day trading, there is nothing to do, so we get bored.
The question is, where do we go from here. After 2 spectacular days, we have had a couple of quiet days, with MLK day and now waiting for the "state of the union address" and it looks like a "doji" today. My bet is, based on the disparity between US markets being down, and the Dax being 'UP' at all time highs, we'll see more up side as the US markets head north.