Market analysis and trading signals for the week
11/01/2020 – 15/01/2021
* Please note – perform futures symbol rollover to September 2020 contracts.
* Please note – changes in stock exchange times for the 2021 New Year celebrations Holiday Schedule . Details here.
* Attention – we start trade on December 2020 contracts. Symbol: ESZ0, NQZ0, YMZ0, RTYZ0, etc.
This week the market opened on Monday with a rise and the creation of a new record and continued the day with a strong decline. Later in the week the market went up again and closed with positive momentum with rising peaks. Finally the market closed the week up 68.75 points from last week’s close at 3748.75 points.
Weekly support lines:
Support line: 37749.00?
Support line: 3717.25?
Support line: 3644.25!
Support line: 3597.50
Support line: 3543.25
Resistance lines on a weekly level:
Resistance line: 3877.25?
Resistance line: 3936.75!
Resistance line: 4049.25!
The ATR20 shows a movement of 52.25 points, an increase of 10 points from last week’s volatility.
Daily fluctuation declines are rising and daily fluctuations are decreasing. Remember, the multi-year average of the contract is 22 pts.
* Weekly Tip – 7897% return in one year
Want to earn such a return on your money? And all this from a $ 5000 calculator only!
This is the simple mathematical calculation someone did after reading the $ 100 headline per day of a $ 5000 calculator.
$ 100 in a double day 20 trading days equals $ 2000 profit. Yields 40% per month.
And this is what he continued to calculate, 40% yield per month in calculating interest de interest.
Those who have experience in trading know that this is not how future profit potential is calculated. Simply in trading we as traders are not able to double in the same ratio of exposure to the size of our trading account. We are all limited in the leverage we can make.
So a $ 100 profit target from a $ 5000 account will not be made same on a $ 1000 daily target with a $ 50,000 account.
$ 100 per day will remain $ 2000 per month, so too when the account grows. That is, as the trading account grows, so the return will decrease.
Anyone considering learning capital market trading is important to know the reality and the weak link in this game. That are the traders, because we are first and foremost human beings.
The thing that affects the trade the most is two very powerful forces and they are: greed and the fear of loss.
Only someone who knows how to control emotions and follow the trading rules he has set accurately will be able to make a lot of money over the years.
Those who do not place the emphasis on personal development and place the emphasis only on the search for trading methods, may consider changing professions.
Wishing health, happiness and success to all of us.
Great week friends,
Which group of people do you want to belong to?
This week the market opened with a strong decline on Monday and in the following days rose continuously while creating a new record.
I do not know what is the reason for optimism at the moment, since the statistics show that by mid-January the market is rising and after that start a certain technical correction downwards.
Long-term traders need to consider the periodicity of the market before adding investments to their trading portfolio.
It is recommended to switch to Demo trading these days for those who have no experience in trading real money and micro contracts for small trading account holders.
* Trade in the trend:
Buy when there is a valid approval for stocastic and DMI and the market reaches a price level of 3543.00 points to a price level of 3644.00 points.
Sell when there is a stocastic overlapping and DMI and the market reaches a price level of 3936.00 points to a price level of 3817.00 points.
Entry 1 Long Contract at 3774.50? Pts. when there is overlapping approval stocastic and DMI.
Entry 1 Long Contract at 3717.25! Pts. when there is overlapping approval stocastic and DMI.
Entry 1 Long Contract at 3597.75! Pts. when there is overlapping approval stocastic and DMI.
Exit 1 contract at 3820.00 points, exit 1 contract at 3750.00 points, exit 1 contract at 3644.25 points at the end of a trend or toward the end of the day.
Entry 1 Short Contract Price 3877.25? Pts. when there is overlapping approval stocastic and DMI.
Entry 1 Short Contract Price 3936.00! Pts. when there is overlapping approval stocastic and DMI.
Exit 1 contract at 3820.00 points, exit 1 contract at 3850.00 points, at the end of a trend or toward the end of the day.
* Buy and sell prices are based on a weekly forecast in advance. Decisions must be made on a daily basis each day, based on what the market did during the previous five days and the last day.
** Receiving a password for the demo software will be done by contacting Geva Gazit personally and with the approval of TransAct support.
*** Futures trading involves risk and is not suitable for everyone. The signals and reviews on this site are personal opinions and should not be considered as an automatic recommendation to perform any trade on the basis thereof. Responsibility for performance of trading positions is only by the trader.
Geva Gazit – CEO Geva International Trading
An active trader in futures contracts, a mentor, a coach and an amazing lecturer