CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

USA30

Market Opportunities - 20/05/2022

20 May, 2022

The example below uses Contracts For Difference (CFDs). Calculations are only on the price of the specific instrument on the date below and calculations indicate a possible opportunity for profit or loss. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

USA30 weekly uptrend opportunity based On 1.00 Lot Calculation:

  • DESCRIPTION: The USA30 is a price weighted index of the 30 most prominent companies listed in the United States. Its constituents are all profitable pillars of the American economy. Financial companies make up 18.4% of its value, healthcare related companies account for 16.2%, and energy and chemical related companies comprise 6.9% of the index’s value.

  • RELATIVE VALUE: The USA30 trades at a lower multiple than the USA500 and USA100 indices in the United States. The Price to Earnings ratio of the USA30 is just 17.78 compared to nearly 20.48 for the USA500 and 26.15 for the USA100.

  • USA30 COMPONENTS: The component companies of the USA30 are not dependent on rolling debt to finance their operations. The financial and energy related companies in the index could benefit from a rising interest rate environment. Many of these larger companies will take advantage of their debt soaked competitors and acquire them at good prices when they are unable to rollover their debts.

  • TECHNICAL ANALYSIS: The USA30’s Weekly Relative Strength Indicator (RSI) and Weekly Stochastic Indicators are flashing an oversold signal and the USA30 may be poised for a strong bounce from this level.

USA30, May 20, 2022
Current Price: 31,500.00

USA30

Weekly

Trend direction

UP

Resistance 3

35,500

Resistance 2

34,000

Resistance 1

32,700

Support 1

30,400

Support 2

29,300

Support 3

28,000

Example of calculation base on daily trend direction for 1.00 Lot1

USA30

Pivot Points

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

Profit or loss in $

40,000.00

25,000.00

12,000.00

-11,000.00

-22,000.00

-35,000.00

Profit or loss in €2

37,807.18

23,629.49

11,342.16

-10,396.98

-20,793.95

-33,081.29

Profit or loss in £2

32,075.96

20,047.47

9,622.79

-8,820.89

-17,641.78

-28,066.46

Profit or loss in C$2

51,134.40

31,959.00

15,340.32

-14,061.96

-28,123.92

-44,742.60

  1. 1.00 lot is equivalent of 10 units

  2. Calculations for exchange rate used as of 10:48 (GMT+1) 20/05/2022

Fortrade recommends the use of Stop-Loss and Take-Profit, please speak to your Client Manager regarding their use.

  • You may wish to consider closing your position in profit, even if it is lower than suggested one.

  • Trailing stop technique can protect the profit – Ask your Client Manager for more details.

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  • Friday, 01 July 2022, the Special Administrative Region Establishment Day holiday in the Hong Kong market.
Instrument
Friday
01.07.2022.

Monday
04.07.2022.
ALL FOREX Regular Regular
Indices
Hong Kong 50 Closed Regular
  • Friday, 01 July 2022, the Canada Day holiday in the Canadian market.
Instrument
Friday
01.07.2022.

Monday
04.07.2022.
ALL FOREX Regular Regular
Indices
Canda 60 Closed Regular
Equities
Canadian Equities Closed Regular

Please note: In case of low liquidity in a specific instrument, Fortrade may widen the spreads or even close the instrument for trading. Notifications will be issued regarding any such changes to the trading schedule.

  • The above times may be subject to change.
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  • All times are GMT

Risk Warning and Disclaimer

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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. Be Aware: You can lose all, but not more than the balance of your Trading Account. These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice. This material does not constitute an offer of, or solicitation for, a transaction in any financial instrument. Fortrade accepts no responsibility for any use that may be made of the information and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk. The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
When performing transactions in the OTC Forex market, the possibility of making a profit is inextricably linked with the risk of losses. Conducting transactions can lead to the loss of part or all of the initial investment. Before commencing operations, make sure you understand the risks involved and have sufficient skills to invest. The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
CFDs and margin FX are leveraged products that carry a high level of risk to your capital. You should only trade with money you can afford to lose. Be Aware: You can lose all, but not more than the balance of your Trading Account. You do not own, or have any rights to, the underlying assets. Past performance is no guarantee of future performance. This information is intended to be general in nature and is not financial product advice. Any advice contained on this website or provided to you by Fort Securities Australia Pty Ltd is general advice only and has been prepared without considering your objectives, financial situation or needs. Before acting on any information, you should consider the appropriateness of the information provided and the nature of the relevant financial product having regard to your objectives, financial situation and needs. We encourage you to obtain independent financial advice and consider our Financial Services Guide (FSG), Product Disclosure Statement (PDS) and Target Market Determination (TMD) to determine if this product is suitable for you before deciding to enter into or obtain any financial products issued by us. The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Be Aware: You can lose all, but not more than the balance of your Trading Account. These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice. You do not own, or have any interest in, the underlying assets. Fortrade Canada Limited is an Order Execution Only broker, and does not provide investment advice or recommendation. Fortrade is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and a member of the Canadian Investor Protection Fund (CIPF). Fortrade Canada Limited is authorised to provide CFD trading services in all provinces in Canada except Quebec. Residents of Alberta province are required to be Accredited Investors to trade CFDs.
CFDs are complex and highly speculative instruments, which come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your invested capital. Be Aware: You can lose all, but not more than the balance of your Trading Account. 77% of retail investor accounts lose money when trading CFDs with this provider. These products may not be suitable for all clients, therefore ensure, that you understand the risks and seek independent advice. Should you proceed with investment in CFDs on virtual currencies, please note, that the values are highly volatile and may result in a significant loss for a short period of time. This material does not constitute an offer of, or solicitation for, a transaction in any financial instrument. Fortrade accepts no responsibility for any use that may be made of the information and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk. The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Trading foreign exchange and/or Contracts for Differences (CFDs) on a margin carries a high level of risk, and may not be suitable for all investors. CFDs are complex products, which are highly speculative and very risky, and investing in such products may result is losing all or most of your invested capital.