Eurex
MICRO DAX comming this weekafter many request from Eurex ,now eurex adding micro dax (like cme micro sp500) now all CFD and metatrader and low money can trade dax fut with 200-300$ margin directly in EUREX frankfurt exchange with clear execute and spread=0.5 point witout pay swap per day (point value will be 1euro per 1 lot,,,however i hope they make it lower to 0.1 euro per point)
www.eurex.com
i predict micro dax will be more famous than big dax on Ninjatrader brokrage
if you are new on index
if you are new on dax ,we advice go to ninjatrader and practice with it (dax need min 3 year demo,until you can turn 1000$ with SL and 0.01lot) metatrader and CFD is dangrous ,Option is trash and scam(becouse profit is limited)
if you have any question,send me massage,i will answer soon
DAX30 triple witching–a trigger for a break above 13,400 points?As we approach the weekly close, and the last trading day of the year which carries a realistic chance of seeing some elevated volatility before the holiday season kicks off (Trading Hour Schedule for the 2019 Christmas & New Year Holiday Period), we want to take a look at the DAX30 CFD again.
Traders could see some heavier swings in the German index today since today is the last big expiration in the DAX-Future with data from the EUREX showing that there is relatively high interest at the 13,400 point mark.
Price action over the last days has clearly shown that market participants are interested in holding the DAX30 CFD below 13,400 points.
But if bulls gain control and we get to see an attack and break before 12pm GMT (this time Futures and Options expire at the EUREX), a short-squeeze could be the result, pushing the German index in an expected thin market environment up to 13,600 and into the region of current all-time highs.
In general, and from a technical basis, this stays an option as long as the DAX30 CFD trades above 13,080/100 points, and if we don’t get to see such a push higher today (which seems likely, given the fact that the DAX30 CFD currently trades substantially below 13,400 points), such a run has an elevated chances to be seen into the start of 2020.
Ready to start trading the live markets? Then open a free account with Admiral Markets - 8,000+ instruments to choose from, some of the market's tightest typical spreads, and the world's #1 multi-asset trading platform. www.admiralmarkets.com
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Dax daily: 07 Jun 2019 Yesterday’s resistance at 12 064 functioned absolutely exemplary. There was even an intra-day high formed at this level and the price bounced some 170 points southward. Dax has eventually found some buyers just before the support retest at 11 861 and closed the day mid-range.
Important zones
Resistance: 12 139
Support: 11 861, 11 790
Statistics for today
Detailed statistics in the Statistical Application
Macroeconomic releases
14:30 CEST – USD – Non-Farm Payrolls
Today’s session hypothesis
Today’s probabilities are quite strong to close the gap and we estimate this to happen yet in the London trading session. All our zones are relatively distanced so in the end, the price doesn’t need to reach any. From the Price Action perspective, the price is rather to continue long towards 12 139 where the shift of power is likely. Beware of today’s labour market news from the United States and Canada being released at 14:30 Central European Summer Time – CEST, as these fundamental news could trigger some volatility for Dax.
DAX targets 14200 long termAscending triangle was broken up with target at 14200 EUR
10000 is important support now, quit if price fall below.
Risk is about 1200 vs reward about 3000 = 1:2.5
Monthly chart
Intelligent trades!