Stocks scenario still bullish

Bulls still not completely out of the woods for now even if good reaction EOW. I will be very very patient and nimble for the days to come, October is coming and it’s last month before US Election, I will expect volatility on the short/mid term.

Very important is not to lose those very important supports I mentioned and highlighted in my twitter profile last week. As usual, better have confirmations and be patient. Very important week is coming.

In this scenario the spread trading strategy is a good solution.

We-Spread DAX vs SP500 Daily TimeFrame

From early September there were 2 very good signals PROFITS +0.56 % and +3,23 %

The first one invited us to sell SP500 and buy DAX and the second in reverse (in profit and not yet closed). We note that the spread had compressed on the lower part and is currently looking for a maximum to complete the bullshitting cycle. For those who spread trading, daily analysis is essential and then transfer operation even to minor timeframe like H1.

I invite you to follow the insights you can find here https://www.investing.we-trading.eu/spread-trading-how-to-start/

XMAvaTrade
pepperstoneMarkets

GOLD vs SILVER spread trading scenario Daily Timeframe

The spread curve showed a phase of transition from the low to the high one while realizing 2 important profitable signals between August and September. Profits +1 % and + 10 % with 2 simple trades indicated by the We-Spread trading system. The second signal is actually still being executed even if the spread is already in a high end to suggest closing and taking profit. In trading room we will also evaluate trades intraday on minor timeframe such as trading room or H1.

For more information please visit https://www.investing.we-trading.eu/spread-trading-how-to-start/

September 28 Trading Journal

Today we saw a return of bullish strength on the SP500, DAX and GOLD. A possible bullish figure on the markets is confirmed.

Resistance levels (supply levels)

DAX: res1 at 12915 and res2 at 13245

SP500: res1 atn 3397 and res2 at 3423

GOLD: res1 at 1897 and res2 at 1916

Support levels (demand levels)

DAX: sup1 at 12550

SP500: sup1 3334 and sup2 3310

GOLD: sup1 at 1852

For intraday trading scalping levels i suggest you to use these tools https://www.investing.we-trading.eu/shop/intraday-trading-scalping-full-tools-pack/

September 29 Trading Journal

Today all levels studied yesterday have reached and for tomorrow will remain the same.

Resistance levels (supply levels)

DAX: res1 at 12915 and res2 at 13245

SP500: res1 at 3397 and res2 at 3423

GOLD: res1 at 1897 and res2 at 1916

Support levels (demand levels)

DAX: sup1 at 12550

SP500: sup1 3334 and sup2 3310

GOLD: sup1 at 1852

For intraday trading scalping levels i suggest you to use these tools https://www.investing.we-trading.eu/shop/intraday-trading-scalping-full-tools-pack/

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