SP500, DAX, GOLD trading scenario for 28 September 2020 week

admin September 27, 2020 September 29th, 2020

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/

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/