Index
GER40 — DAX 40
0.8 – 3 points · 180 – 400 points
GER40 (DAX) is Europe's most traded index: export-heavy, sensitive to energy prices and the euro, and known for strong opening-hour momentum.
Risk first
Numbers below are typical ranges, not guarantees — spreads, swaps and volatility differ per broker and market regime. Size every position from your stop distance and account risk, never from a fixed lot habit.
Contract specifications
| Spec | Value |
|---|---|
| Contract size | 1.00 lot = 1 EUR per point (broker dependent) |
| Pip / tick value | 1 point → 1 EUR / 1.00 lot |
| Typical spread | 0.8 – 3 points |
| Typical daily range | 180 – 400 points |
| Best trading hours | Frankfurt open 07:00 UTC to US close |
What moves this market
- ▸ECB policy and euro-area data
- ▸Energy costs and industrial demand
- ▸US index direction in the afternoon
Correlations to watch
- ▸High to EU50 and to US indices in the overlap
- ▸Sensitive to Chinese demand via exporters
How traders approach it
- ▸Opening-range breakout at 07:00–08:00 UTC
- ▸Trend continuation into the US open
- ▸Close intraday positions before the evening thin hours
Typical mistakes
- ▸Using FX-style 20-point stops
- ▸Ignoring the overnight gap between cash sessions
Related instruments
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