Each index has its own "personality." The US30 (Dow Jones) is known for
its heavy weighting and "respect" for key psychological levels, making it a favorite for
institutional-style price action traders. Meanwhile, the NAS100 (Nasdaq) is a volatility monster, driven by tech sentiment and prone to massive momentum runs
that can leave non-believers in the dust.
The DAX40 offers a unique window into European market sentiment, often
providing clean trends during the London session before the New York chaos begins. To
master these markets, you cannot treat them as generic charts. You need to track your
edge specifically on each.
- ● Correlation Analysis: Track how your performance shifts when indices
are highly correlated versus when they diverge.
- ● ATR Sensitivity: Identify if you are over-leveraged when the Daily
ATR spikes on the Nasdaq.
- ● Liquidity Gaps: Journal how you handle 'slippage' and 'gap fills'—common
occurrences in the indices world.