US index basket weekly special report based On 1.00 Lot Calculation:
● EVENT: BLACK FRIDAY, November 24, 2023. Black Friday is a colloquial term for the Friday after Thanksgiving in the United States. It traditionally marks the start of the Christmas shopping season in the United States. Many stores offer highly promoted sales at discounted prices and often open early, sometimes as early as midnight or even on Thanksgiving.
●EVENT: CYBER MONDAY, November 27, 2023. Cyber Monday is a marketing term for e-commerce transactions on the Monday after Thanksgiving in the United States. It was created by retailers to encourage people to shop online.
●EVENT: HOLIDAY SEASON IN THE US. Holiday season in the US starts on Thanksgiving and lasts until the end of the year. In that period, Christians celebrate Christmas, Jews celebrate Hanukkah. During that time, customers buy gifts for their family members, hence, shopping is significantly increased.
● POSITIVE MARKET SENTIMENT FROM THE MIDDLE OF OCTOBER TILL THE END OF THE DECEMBER: Historically, the period from the middle of October till the end of December proves to be positive for US stock market indexes. In period from 2019 until 2023, on average, between October and December price on US 500, US 100 and US 30 rose 14,60%, 16,88% and 14,13% respectively
(Source: MT4)
Please note that past performance does not guarantee future results.
#USA500, November 21, 2023
Current Price: 4,557.00
|
USA500 |
Weekly |
|
Trend direction |
|
|
5,000.00 |
|
|
4,900.00 |
|
|
4,800.00 |
|
|
4,320.00 |
|
|
4,230.00 |
|
|
4,200.00 |
Example of calculation base on weekly trend direction for 1.00 Lot1
|
Pivot Points |
||||||
|
Profit or loss in $ |
4,430.00 |
3,430.00 |
2,430.00 |
-2,370.00 |
-3,270.00 |
-3,570.00 |
|
Profit or loss in €² |
4,144.56 |
3,209.00 |
2,273.43 |
-2,217.29 |
-3,059.31 |
-3,339.98 |
|
Profit or loss in £² |
3,599.64 |
2,787.08 |
1,974.52 |
-1,925.76 |
-2,657.07 |
-2,900.84 |
|
Profit or loss in C$² |
6,089.08 |
4,714.57 |
3,340.06 |
-3,257.59 |
-4,494.65 |
-4,907.00 |
1. 1.00 lot is equivalent of 10 units
2. Calculations for exchange rate used as of 09:20 (GMT+1) 11/21/2023
Fortrade recommends the use of Stop-Loss and Take-Profit, please speak to your Senior Account ManagerClient 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 Senior Account ManagerClient Manager for more details
#USA100, November 21, 2023
Current Price: 16,087.00
|
USA100 |
Weekly |
|
Trend direction |
|
|
16,800.00 |
|
|
16,600.00 |
|
|
16,400.00 |
|
|
15,800.00 |
|
|
15,600.00 |
|
|
15,400.00 |
Example of calculation base on weekly trend direction for 1.00 Lot1
|
Pivot Points |
||||||
|
Profit or loss in $ |
7,130.00 |
5,130.00 |
3,130.00 |
-2,870.00 |
-4,870.00 |
-6,870.00 |
|
Profit or loss in €² |
6,670.60 |
4,799.46 |
2,928.33 |
-2,685.08 |
-4,556.21 |
-6,427.35 |
|
Profit or loss in £² |
5,793.55 |
4,168.43 |
2,543.31 |
-2,332.04 |
-3,957.16 |
-5,582.28 |
|
Profit or loss in C$² |
9,800.26 |
7,051.24 |
4,302.22 |
-3,944.84 |
-6,693.86 |
-9,442.88 |
1. 1.00 lot is equivalent of 10 units
2. Calculations for exchange rate used as of 09:20 (GMT+1) 11/21/2023
Fortrade recommends the use of Stop-Loss and Take-Profit, please speak to your Senior Account ManagerClient 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 Senior Account ManagerClient Manager for more details
#USA30, November 21, 2023
Current Price:35,188.00
|
USA30 |
Weekly |
|
Trend direction |
|
|
36,830.00 |
|
|
36,200.00 |
|
|
35,550.00 |
|
|
34,900.00 |
|
|
34,500.00 |
|
|
34,300.00 |
Example of calculation base on weekly trend direction for 1.00 Lot1
|
Pivot Points |
||||||
|
Profit or loss in $ |
16,420.00 |
10,120.00 |
3,620.00 |
-2,880.00 |
-6,880.00 |
-8,880.00 |
|
Profit or loss in €² |
15,362.02 |
9,467.94 |
3,386.75 |
-2,694.43 |
-6,436.70 |
-8,307.84 |
|
Profit or loss in £² |
13,342.22 |
8,223.10 |
2,941.46 |
-2,340.17 |
-5,590.41 |
-7,215.52 |
|
Profit or loss in C$² |
22,569.45 |
13,910.04 |
4,975.73 |
-3,958.59 |
-9,456.63 |
-12,205.65 |
1. 1.00 lot is equivalent of 10 units
2. Calculations for exchange rate used as of 09:20 (GMT+1) 11/21/2023
Fortrade recommends the use of Stop-Loss and Take-Profit, please speak to your Senior Account ManagerClient 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 Senior Account ManagerClient Manager for more details