We-Spread SP500 vs DAX

Trading Plan for the week 5-9 October 2020

The spread trading  between the 2 stock indices shows us a continuation of the upward curve. This means that the operational choice continues to lean towards the BUY the SP500 versus the SELL of DAX. In fact, considering the week just ended and evaluating an entry on Monday morning at 9:00 the result was:

  • BUY of SP500 in profit of 37 points open at + 1.11%
  • DAX SELL loss of 101 points equal to -0.79%
    with a net profit of + 0.32%

We believe that following the bearish trend of the spread can still be a profitable choice.

Trading Room for spread trading

There are 2 dedicated telegram channels for spread trading updates:

  • FREE telegram channel: https://t.me/spreadtrading24
  • We-Spread PRO telegram channel with monthly subscription: https://www.investing.we-trading.eu/shop/we-spread-pro-trading-room/
  • XMAvaTrade

    We-Spread GOLD vs SILVER

    Trading Plan for the week 5-9 October

    Last week we had seen the spread up and therefore it was time for a reverse. The current movement tends towards a sell of GOLD and a buy of SILVER.

    Evaluating an entrance on Monday at 9:00 the results were the following:

    • GOLD SELL -2.23%
    • BUY by SILVER + 4.71%

    with a net profit of +2.48%

    We believe that following the bearish trend of the spread can still be a profitable choice.

    Intraday scalping levels

    Trading Plan for scalping with Demand & Supply indicator + We-Trend

    For users of the levels with We-Trend and Demand & Supply indicator, the week was commented in the new dedicated trading room (currently free for all) thanks to the collaboration with TheUnknowSoldier.

    The levels studied with the indicators specially created for scalping such as demand & supply (recently available in the Kumo Breakout package HERE) and with the We-Trend have determined these charts to watch out for next week.

    Each intraday comment will be on the trading room and every evening in this article, at the bottom, we will add the updated levels.

    5th Oct 2020 update

    SP500 prices go over 3400… this is the only important thing to be traded tomorrow #spx #sp500 #Resistance #supply #trend #forex #trading #investing #daytrader #intradaytrading

    Nothing of relevant on DAX and GOLD.

    7th October trading plan update

    After the fall of wallstreet yesterday night we need to update levels for intraday trading:

    Leave a Reply

    This site uses Akismet to reduce spam. Learn how your comment data is processed.