We-Spread SP500 vs DAX

Trading Plan for the week 2-6th November 2020

Sp500 go to new low of the month and close the week with a loss of 5%. Something is changing in the structure of the stock markets near the USA election 2020 and also for the new Covid fear in the world.

Considering the week just ended, with the trend suggested in my last study (see here) and evaluating an entry on Monday morning at 9:00 the result was:

  • BUY of SP500 in loss of -150 points equal to -4.37%
  • DAX SELL in profit of +804 points equal to +6.46%
    with a net profit of + 2.1%

We believe that following the bearish trend of the spread can still be a profitable choice untill the curve will give us a new up trend confirmation.

Profits and Losses with We-Spread from September 2020

  • DAX vs SP500  +9,75%
  • GOLD vs Silver +15,39%

You can check all performance in our past blog published and in the charts.

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
    pepperstoneMarkets

    We-Spread GOLD vs SILVER

    Trading Plan for the week 2-6th November 2020

    The current movement tends against our vision (sell of GOLD and buy of SILVER). Infact the new trend is going up. 

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

    • GOLD SELL +1.02%
    • BUY by SILVER -2.20%

    with a net loss of -1.18% or -0.16% with volatility fixing.

    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.

    Update charts level

    We suggest you to follow our social facebook, twitter and youtube to have free daily updates about our intraday scalping levels to trade.

    For now see the video just published here.

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