Trade Forex Trading

Germany DAX30 Index

The DAX 30 represents Germany's Market Index of the top Blue Chips Stocks. This Index represents Top 30 Most Traded Stocks which trade on the Frankfurt Stock Exchange Market. Because Germany is the biggest economy in the Euro Zone, the DAX30 Index is one of the popular Index traded by the traders.

Just like currencies, the Germany DAX30 Index also has a chart representation & the chart can be traded and transacted & interpreted by traders. Traders can open a buy or sell order and trade this index using standard lots.

Strategy for Trading Germany DAX30 Index - Germany DAX30 Index - Strategy for DAX30 Index

The Germany DAX30 Index Chart

The Germany DAX30 Index chart is displayed above. On the illustration put on display above this trading instrument is named as GER30CASH . As a fx trader you want to find a broker that provides this The Germany DAX30 Index chart so that you as a trader can start to trade it. The example above is of Germany DAX30 Index on the MT4 FX and Indices Platform .

Other Info about Germany DAX30 Index

Official Symbol - DAX:IND or GDAXI

The 30 component stocks that make up the Germany DAX30 Index are revised a few times a year to determine if to change this composition or not. Stocks which aren't doing & performing well and good might be replaced with other stocks which are doing well and good.

Strategy for Trading Germany DAX30 Index

The Germany DAX30 Index is comprised of blue chip stocks that trade in the Frankfurt Stock Exchange picked from the best performing sectors in Germany; therefore a good strategy to trade the Germany DAX30 Index is to trade long most of the times. This is because in general the best stocks in Frankfurt Stock Exchange will in general keep moving up and up because the corporations behind these stocks are the best and most lucrative corporations in Germany.

The Germany DAX30 Index is also revised a few times every year so that as if one stock is not doing well then it is replaced with another blue chip that is performing well. This ensures that most times the Germany DAX30 Index will keep going upwards.

As a index trader you want to be more biased and keep buying as the stock index heads and moves upward. When the German economy is doing well (most of the times it is performing well) this upwards trend is more likely to be ruling. A good strategy would be to buy the dips.

Contracts and Specifications

Margin Required Per 1 Lot - € 85

Value per 1 Pip(Point) - € 0.1

Note: Even though the general and overall trend is in general upwards, as a forex trader you have got to factor in the daily market volatility, on some days the stock may oscillate or even retrace, the retracement might also be substantial sometimes & hence as a forex trader you need to time your trade entry precisely using this strategy: Indices strategy and at the same time use the proper & appropriate money management guidelines and methods just in case of more unexpected volatility in the market trend. About equity management techniques lessons: What's money management and equity management methods.

More Tutorials and Topics:

Forex Malaysia Seminar

Forex Thailand Seminar

Forex Broker