Cfds
USDBRO Brent Daily Long with 3 TPs with 50 Pips Trilling SLwe believe the First TP should be Triggered in order for the harmonic pattern forms and then it should touch the Second Target for completing the second pattern and henceforth till 3 TP,
keep in mind it is a Buy order with a 50 Pips Trilling Stop loss.
there is a Buy Stop for the 3 TP with 50 pips trilling SL,
If the First TP is broken and passed the First Level we are expecting the Second Target to be our next Goal but If it could not pass the First Level and a Big Retracement happens then we have a Second Scenario and we should look for a reversal...
be careful about your Position Sizing and it should be Proportional to your Account Balance as it is a very long Time Analysis and Trade, each candle is representing a Day so it may take up to a month or more
Entry and Exit points should be considered in a Range of Pips not an exact point.
Enjoy Trading sensibly
please do n't hesitate to Ask us any questions in comments.
Good Luck
CFDs Vs Spread Trading Explained For DummiesIn this issue, we’ll discuss the differences between both CFDs and Spread Trading…
What are CFDs and Spread Trading?
Spread Trading (betting) and CFDs are financial instruments that allow us to do one thing.
To place a bet on whether a market will go up or down in price – without owning the underlying asset.
If we are correct, we stand a chance to make magnified profits and vice versa if wrong.
Both CFDs and Spread Trading, allow us to buy or sell a huge variety of markets including:
• Stocks
• Currencies
• Commodities
• Crypto-currencies and
• Indices.
When you have chosen a market to trade, there are two types of CFD or Spread Trading positions you can take.
1. You can buy (go long) a market at a lower price as you expect the price to go up where you’ll sell your position at a higher price for a profit.
2. You can sell (go short) a market at a higher price as you expect the price to go down where you’ll buy your position at a lower price for a profit.
EXPLAINED: CFDs for Dummies
DEFINITION:
A CFD is an unlisted over-the-counter financial derivative contract between two parties to exchange the price difference between the opening and closing price of the underlying asset.
Let’s break that down into an easy-to-understand definition.
EASIER DEFINITION:
A CFD (Contract For Difference) is an:
• Unlisted (You don’t trade through an exchange)
• Over The Counter (Via a private dealer or market maker)
• Financial derivative contract (Value from the underlying market)
• Between two parties (The buyer and seller) to
• Exchange the
• Price difference (Of the opening and closing price) of the
• Underlying asset (Instrument the CFD price is based on)
EASIEST DEFINITION
Essentially, you’ll enter into a CONTRACT at one price, close it at another price FOR a profit or a loss depending on the price DIFFERENCE (between your entry and exit).
Moving onto Spread Trading.
EXPLAINED: Spread Trading for Dummies
DEFINITION:
Spread Trading is a derivative method to place a trade with a chosen bet size per point on the movement of a market’s price.
EASIER DEFINITION:
Spread Trading is a:
• Derivative method (Exposed to an underlying asset) to
• Place a trade (Buy or sell) with a chosen
• Bet size per point on where you expect a
• Market price will
• Move (Up or down)
• In value
EASIEST DEFINITION:
Spread Betting allows you to place a BET size on where you expect a market to move in price.
Each point the market moves against or for you, you’ll win or lose money based on their chosen TRADING bet size (a.k.a Risk per point or cent movement).
The higher the bet size (value per point), the higher your risk and reward.
The costs you WILL pay with Spread Trading and CFDs
Both Spread Trading and CFDs are geared-based derivative financial instruments.
As their values derive from an underlying asset, when you trade using Spread Trading or CFDs, you never actually own any of the assets.
You’re just making a simple bet on whether you expect a market price to rise or fall in the future.
If you decide to go with the broker or market maker who offers CFDs or Spread Trading, there are certain costs you’ll need to pay.
Costs with Spread Trading
With Spread Trading, you’ll only have one cost to pay – which are all included in – the spread.
The spread is the price difference between the bid (buying price) and the offer (selling price).
EXAMPLE: Let’s say you enter a trade and the bid and offer prices is 5,550c – 5,610c.
The spread, in this case, is 60c (5,610c – 5,550c).
This means your trade has to move 60c to cross the spread in order for you to be in the money-making territory. Also, if the trade goes against you, the spread will also add to your losses.
Why the spread you ask?
The spread is where the brokers (market makers’) make their money.
Costs with CFDs
Brokerage
With CFDs, it can be different.
Depending on who you choose to trade CFDs with, you may need to cover both the spread as well as the brokerage fees – when you trade.
These brokerage fees can range from 0.2% - 0.60% for when you enter (leg in) and exit (leg out) a trade.
NOTE: If the minimum brokerage per trade is R100, you’ll have to pay R100 to enter your trade.
Daily Interest Finance Charge
The other (negligible) cost, you’ll need to cover is the daily financing charges.
If you buy (go long) a trade, you’ll have to pay this negligible charge (0.02% per day) to hold a trade overnight.
However, if you sell (go short) a CFD trade, you’ll then receive this negligible amount (0.009%) to hold a short trade overnight.
The costs you WON’T pay as a Spread Trader
With spread trading (betting), you don’t own anything physical.
When you take a spread bet, you’re simply making a financial bet on where you expect the price to move and nothing else.
This means, there will be no costs to pay as you would with shares including:
• NO Daily Interest Finance charges
• NO Stamp Duty costs
• NO Capital Gains Tax
• NO Securities Transfer Tax
• NO Strate
• NO VAT
• NO Brokerage (all wrapped in the spread).
The costs you WON’T pay as a CFD trader
With CFDs, you’ll notice that there are similar costs with Spread Trading that you won’t have to pay including:
• NO Stamp Duty costs
• NO Securities Transfer Tax
• NO Settlement and clearing fees
• NO VAT
• NO Strate
24-Hour Dealings
The great thing about Spread Betting or CFD trading is that, you can trade markets trade 24/5.
I’m talking about currencies, commodities and indices.
And with Crypto-currencies you can trade them 24 hours a day seven days a week.
I have left out a very important difference between CFDs and Spread Trading… Gearing and how it works in real life… We'll save that for next time.
Do you have any questions or did you find this helpful on CFDs or Spread Trading?
Let me know in the comments below...
Regards,
Timon Rossolimos
Founer, MATI Trader
The DAX30 CFD is still range-bound between 13,100 and 13,300With the thin Economic calendar being as we start the trading week, and the upcoming Thanksgiving holiday on Thursday (for modified Trading Hours please check our website), we don’t expect much volatility in Equity markets and thus in the German DAX30 CFD.
Still, we want to have a look at the technical side after the recent interesting price action over the last week: after the failed attempt to break above 13,300 points last Tuesday, but also below 13,100 points, we expect the DAX30 CFD to stay range-bound in the days to come.
With the latest rise in tensions in the trade dispute between the US and China again (e.g. that the mood in Beijing about a trade deal is rather pessimistic and the strategy from the Chinese now switching to “talk only” and wait due to the recent impeachment developments and uncertainty around the upcoming US election), our neutral picture with an expected choppy price action although has a slight bearish touch.
But even if we get to see a test of the psychological relevant region around 13,000 points, we consider the recent and very dovish stances from the ECB and FED and technically solid support region around 12,980/13,000 points as difficult and sustainably to break in the days to come.
On the upside a break above Friday’s highs around 13,250 points makes a test of the region around 13,300 points and above of the pre-weekly highs around 13,370 an option.
Ready to start trading the live markets? Then open a free account with Admiral Markets - 8,000+ instruments to choose from, some of the market's tightest typical spreads, and the world's #1 multi-asset trading platform. - - admiralmarkets.com
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Will a break at 13,300 push the DAX30 CFD up to all-time highs?After bullish performance over the last week of trading, there seems to be a higher chance of a slow start into the new week.
Due to the “Veterans Day” bank holiday in the US, the US Fixed Income Markets will not be open for regular trading hours, indicating that trading volume will be lower than on average. That’s noteworthy because of the fact that yields have been a principal driver of price action in the last days, and with no impulses to be expected from this end, volatility should stay low.
From a technical perspective, the picture in the DAX30 CFD on H1 stays bullish and the Long sequence stays intact as long as the German index trades above 13,100 points. Only a break lower would darken the technical picture from a short-term perspective, activating the region around 12,970/13,000 points as a first target.
On the upside, the region around 13,300 points stays in focus: a break higher could initiate a Short-squeeze to around 13,500 points in the days to come. One main driver here could be the small expiration in DAX options next Friday. Data from EUREX shows an elevated Open Interest of Short Calls around 13,300 points and then around 13,500 points, meaning that a break above 13,300 could trigger a wave of market participants being in a need to hedge their Short exposure by buying the DAX.
Ready to start trading the live markets? Then open a free account with Admiral Markets - 8,000+ instruments to choose from, some of the market's tightest typical spreads, and the world's #1 multi-asset trading platform. admiralmarkets.com/start-trading/
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GOLD (Prj.Y19.P2.E2).Bullish AccumulationAs per chart, we have the 100 EMA (blue) and the 200 EMA (Orange).
Currently the 100 EMA is required to be the 1st to hold or crumble as support.
On the 0.286 retracement, it seems the GOLD market is still bullish and there is no surprise there.
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If you look at what Russia, China and Turkey have been doing lately is increasing its stocks with Gold for backing its currency when these nations trade with their own currency. As many are moving away from the US Dollar, so local currency needs to be trusted more than just the fiat system (backed by nothing)
The main reason for this is that nations are tired of the USA weaponizing the dollar payment system.
So the Gold and other metals climate has been bullish recently and China is yet to announce its 20K tonne Gold holdings..
So its no wonder Gold is holding up and probably will do so.
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On my chart I have 2 scenarios, which I favour the Blue line movement.
If the 100 EMA does not hold as support, then the 200 EMA would.
I also have used the fib.Circle tool to identify the current channel Gold was in and is about to break. Mind you this is only sideways movement in the upward
channel.
In Short
Go long with Gold.
I have Gold breaking the ATH and going to the 3rd red ring level as resistance in the coming months.
Regards,
S.Sari \ CyrptoProspa.
ESP35 Broke weekly trend line!!!Here got a beatiful set up with a lot of possibilities for a super swing ,we got a break and close above the descending TL that lines up with that AT 38% fib and if we zoom in we got a nice bullish candle pattern and all this after the higher timeframes finished the 5th wave indicating a possible trend reverse that seems to be confirmed after a new weekly high was formed last week