Jump to content
  • 0

Wall Street spread bet DFB exact underlying market?


John G

Question

What is the exact underlying market that the Wall Street spread betting DFB market on IG is replicating?

I'm trying to backtest some ideas on this but any price data sources I see don't match the IG prices, not even really that close. 
Is the the E-Mini Dow Future (YM) ? Or some sort of derived  price from the actual DJI index? 

If anyone knows and can also point me to where I can purchase historical 1 min data it would be a big help! 

Link to comment

1 answer to this question

Recommended Posts

  • 0

Good question John. I am in the same position back testing various systems on Multicharts with IQFeed as a data source.

Did you ever get an answer (obviously not here) or find a solution to your back testing.

I am using E-Mini Dow Jones $5 (on IQFeed it is @YM#C) as a proxy but it is way out from IG's Wall Street.

IG appear to follow the underlying index (DJIA) whilst it is open, but not sure what they do outside the index session times.

Any more info would be appreciated.

 

 

 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      21,648
    • Total Posts
      91,946
    • Total Members
      41,934
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Amirpouya
    Joined 28/03/23 00:58
  • Posts

    • For more up to date news on how markets will open, the latest earnings and economic news, watch IGTV live in the platform at 07:30am UK. Today’s coverage: Indices: Europe expected mixed after gains yesterday on a rebound in DBK. Wall St mainly up although NDAQ saw a drop. Asia mixed HSI best performer as China mkts rebounded FX: AUD climbed or held recent gains as retail sales came in marginally better than forecast, but economists now expecting a pause in Aussie rates next time. USD down for a second day Equities: Earnings – OCDO BWY WG WGBA MU  Commods: NY Cocoa at 3yr highs on tight supplies. Gold little moved. Oil holding yesterday’s marked gains       
    • Elliott Wave Analysis TradingLounge Daily Chart, 28 March 23,   TRON /U.S.dollar(TRXUSD) TRXUSD Elliott Wave Technical Analysis Function: Follow trend     Mode: Motive Structure: Impulse Position: Wave III Direction Next higher Degrees: wave (I) of Impulse Wave Cancel invalid Level: 0.045 Details: Wave II is likely to end at the level of 0.055 and a five-wave rise from this level will confirm it. TRON /U.S.dollar(TRXUSD)Trading Strategy: Although a sharp drop has yet to break the price structure in an uptrend, TRON is once again standing above MA200. May lead to the 1.618 level of wave I at 0.10586. TRON /U.S.dollar(TRXUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators below Zero-Line momentum are Bearish. TradingLounge Analyst: Kittiampon Somboonsod, CEWA Source : Tradinglounge.com get trial here!     Elliott Wave Analysis TradingLounge 4H Chart, 28 March 23,   TRON /U.S.dollar(TRXUSD) Tuesday 28 March 23 TRXUSD Elliott Wave Technical Analysis Function: Follow trend     Mode: Motive Structure: Impulse Position: Wave ((3)) Direction Next higher Degrees: wave III of Impulse Wave Cancel invalid Level: 0.045 Details: Wave II is likely to end at the level of 0.05688 and a five-wave rise from this level will confirm it. TRON /U.S.dollar(TRXUSD)Trading Strategy: Although a sharp drop has yet to break the price structure in an uptrend, TRON is once again standing above MA200. May lead to the 1.618 level of wave I at 0.10586. TRON /U.S.dollar(TRXUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators below Zero-Line momentum are Bearish.
    • Content: SP500 - NASDAQ 100 - RUSSELL 2000 - DOW JONES Stock Market Summary: Even though the markets can move higher, our focus is on the short trade setups. The tech stocks that have been leading higher can now be at risk of turning lower and of course this will bring the general market lower. Elliott Wave SP500 resistance 4000 Nasdaq 13000. The markets can move above these numbers, but it doesn’t mean support, or a bullish trend, patience and time is our solution to getting the timing right.  Trading Strategies: Short new lows. Video Chapters 00:00 S&P 500  23:03 NASDAQ (NDX) 26:22 Russell 2000 (RUT) 31:34 Dow Jones (DJI) 35:11 thanks for supporting Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com  Level Up - Test the Trial Service!  
×
×
  • Create New...