Hello all: Haven't done any trading today, was up early to have my soul crushed in the cricket...looks like I missed another killer day on the DAX though...is it ever going to settle down??

ALSI 40 Index - Trading the South African All Share Index

And BOOM!!

ALSI 40 Index - Trading the South African All Share Index

Ha ok ok I'm going I'm going but just in case anyone is still out there...a very pretty SHORT at 884...

ALSI 40 Index - Trading the South African All Share Index

And with that a lesson in sound Money Management hits...huge drop off.

ALSI 40 Index - Trading the South African All Share Index

There's my +10. Those with a 'bolder' MM system might do well to hold through this but I'm out with a solid days trading. Take what it gives you.

ALSI 40 Index - Trading the South African All Share Index

907 an unexpected ceiling, thickening up now. Lets watch for a climb on up but not be mad if we end with the +10.

ALSI 40 Index - Trading the South African All Share Index

This could get as high as 929 now, so I am comfortable with my +30 target.

ALSI 40 Index - Trading the South African All Share Index

Righto thats through +20...

ALSI 40 Index - Trading the South African All Share Index

Ok ZERO pain trade, through my +10...

ALSI 40 Index - Trading the South African All Share Index

Watch 887. Key support so if it falls through this, its a dud.

ALSI 40 Index - Trading the South African All Share Index

DAX: LONG 892. (This will be my last trade for the day)

ALSI 40 Index - Trading the South African All Share Index

Closed +2.

ALSI 40 Index - Trading the South African All Share Index

+10...but sloooooow...

ALSI 40 Index - Trading the South African All Share Index

DAX: Short 890.

ALSI 40 Index - Trading the South African All Share Index

Yep, sort of what I thought...I shall stick with XETRA and IG, they are only a point or 2 off.

ALSI 40 Index - Trading the South African All Share Index

(He asks the guy using Range Bar charts...candle??) On the Futures contract I have 947 and on the XETRA I have 916. Big difference. That's not exact it's estimated on my Range Bar.

ALSI 40 Index - Trading the South African All Share Index

Mere minutes! ZA Rhino any idea why PiptheRipper and I are seeing dramatically different prices on our futures (M5) contracts on the DAX?

ALSI 40 Index - Trading the South African All Share Index

Banked another +30. Time for a run!

ALSI 40 Index - Trading the South African All Share Index

'AX M5-DT' and 'FDAX M5-EUX' are now the 'same' futures contract, with the M being the JUNE contract?

ALSI 40 Index - Trading the South African All Share Index

With the new naming convention (FDAX-EUREX) the futures contract is WILDLY out...being new to the DAX I am a bit stumped as to why and I suspect the answer is really simple and someone can point it out?

ALSI 40 Index - Trading the South African All Share Index