HOW TO SUCCESSFULLY TRADE GLOBAL EQUITY INDEXES/CFDS
HOW TO SUCCESSFULLY TRADE GLOBAL EQUITY INDEXES/CFDS
Feeling generous. This article can change your finances if you're a trader.
If you want to trade Us30, here are tips. So investors invest in stocks if they believe the economy is doing well. Google Risk On Risk Off, RORO investing. The efficient way to invest in stocks of a country is through the equity index of the country.
Australia is Aus200 - 200 largest Australian coys, Nikkei or JPN225 is 226 largest Japanese coy etc, FTSE 100 is UK 100 largest coys, US 30 aka Dow Jones and S&P 500 for US , etc Even Naija has hers- NSE ASI, NSE30 etc.
If US stock markets are doing well, other global stock markets should do well, vice versa.
Asian stocks start the move during the Asian session, that is Aus200, Nikkei225, China 50, and then the European markets (EurStox 50, France 40, Dax & FTSE 100) will continue that sentiment if there is no major news to change sentiment. If Asia and Europe are trending, America should too. And this will show in S&P500, Dow Jones & Nasdaq100. It's like a relay race, passing of the baton from continent to continent. Then at New York open, wait to see if the highs /lows are broken, then trade the retest.
See how they all look the same! Left charts are Asian stocks, midcharts are European UK stocks, right charts are US stocks,
D1 Only!