Market analysis and trading signals for the week
23/03/2020 – 27/03/2020
* New – posting daily trading signals for S&P 500 contract also on this website – Click here.
* Please note – changes in stock exchange times for 2019 Memorial Day Holiday Schedule . Details here.
* Attention – we start trade on December 2019 contracts. Symbol: ESZ9, NQZ9, YMZ9, RTYZ9, etc.
The Corona virus is driving the world crazy and things are only getting worse. The markets are losing altitude every week and the daily average fluctuation is increasing every day. The market began to fall sharply, but continued to widen without significant change. Finally, the decline of more than 400 points closed from last week’s close at 2288.50 points.
Weekly support lines:
Support line PIVOT POINT.
Resistance lines on a weekly level:
Resistance line PIVOT POINT.
The ATR20 shows a movement of 193.84 pts, up more than 50 points from last week’s fluctuation.
Daily fluctuation declines are rising and daily fluctuations are decreasing. Remember, the multi-year average of the contract is 22 pts.
* Weekly Tip – Why not every day is vacation?
How do you feel after two or three days at home? How do you feel about being closed without a job?
It’s getting exhausting, isn’t it ?!
So this is exactly the situation for those who have been in this situation for years.
People ask me why I teach, why I need it if trading is so good.
Exactly like you feel right now. How long can you sit at the screens without talking or meeting people?
When the livelihood is not dependent on going to work or other people, you can seemingly be on permanent leave. But how long can it be done? Even when everything is open and can be spent abroad, how long can you relax?
We still have family and friends, the kids. With everyone, we want to be in touch.
Humans are social beings who live in the community, you cannot be isolated. And so the connection with other people adds interest and happiness.
Yes, it is fun to do what interests you, what you are good at, what you can give and lots of other people.
It’s really normal to want to be in touch with people. This vacation is not just walking away and living on a far beach. Think how long can you lay on your back?
The difference in today’s situation in which we are all asked to shut up involuntarily because of an external factor, exacerbating the feeling of distress, the desire to go outside, it is difficult to be closed. Compared to the option to live days or agendas according to your personal choice, it is significant. Think about what life looks like when choosing your agenda. It is to revive on vacation or freedom to do the things that really make you fun.
Living as a successful trader is living in freedom, freedom from dependence on other people. They are not detached from other people or the desire to be at sea or on yachts all day. Trading is just a tool for generating income, it is not a lifestyle according to anyone’s thinking.
There are traders who choose to continue to work as employees in their regular work, some who choose to study, some who choose to financially help other people, volunteer, and more.
Why am I teaching? Because I can’t live in isolation from the world, from other people. Because trading allows me to live just as much fun as I do and not like a slave who depends on someone else.
Great week friends,
Geva Gazit
Which group of people do you want to belong to?
* Checklist:
This is a fascinating time that will be explored much in the years to come, as happened after the 2008 fall.
The world is dealing with something that has not yet been experienced, or at least not acted to this day. In closing entire states for entry or exit, this is an extraordinary thing that affects everyone.
And when that happens, markets are rampant. At this stage, it is difficult to know what else will happen, everything to do with the US. The market is at an average of 193.84 pts on a trading day, similar to the average that the market was at the peak of the 2008 fall in November-December 2008.
Pay attention to your leveraging and take full advantage of the possibility of trading micro-contracts.
It is recommended to trade in demo these days for small trading account owners and inexperienced with real money.
* Trade in the trend:
Buy when there is a valid approval for stocastic and DMI and the market reaches a price level of 00 points to a price level of 00 points.
Sell when there is a stocastic overlapping and DMI and the market reaches a price level of 00 points to a price level of 00 points.
Financial management:
Entry 1 Long Contract at ? Pts. when there is overlapping approval stocastic and DMI.
Entry 1 Long Contract at ? Pts. when there is overlapping approval stocastic and DMI.
Entry 1 Long Contract at ? Pts. when there is overlapping approval stocastic and DMI.
Exit 1 contract at 00 points, exit 1 contract at 00 points, exit 1 contract at 00 points, at the end of a trend or toward the end of the day.
Entry 1 Short Contract Price ? Pts. when there is overlapping approval stocastic and DMI.
Entry 1 Short Contract Price ? Pts. when there is overlapping approval stocastic and DMI.
Exit 1 contract at 00 points, exit 1 contract at 00 points, at the end of a trend or toward the end of the day.
* People who read the review were also interested in the GOLD Course.
* 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.
Successfully,
Geva Gazit – CEO Geva International Trading
An active trader in futures contracts, a mentor, a coach and an amazing lecturer
