CFD trading how to earn on S&P 500 index

  • Sep 26 2022
  • by
  • Analyst AZA
CFD trading how to earn on S&P 500 index

CFD trading how to earn on S&P 500 index

Shares of many companies fell in price on the stock market after the release of economic news last week. The stronger US dollar is changing the rules of the game for many trends. If you do not yet know how to trade stocks on the stock market, then you can follow our trading tips. This trade recommendation is based on the fact that the price of the S&P 500 index has reached a strong support level. You need to be patient and open a short position only when this level is broken down.

Symbol: S&P500
Order Type: Pending Order - Sell Stop
Entry Price at 3645.0
Take Profit at 3600.0
Pips Earning: 45

Trading options for beginners:
EURUSD sell at the price of 0.9550
USDJPY buy at the price of 144.40
GBPUSD sell at the price of 1.0320
USDCHF buy at the price of 0.9930

The result of the trading recommendation.

The result of the trading recommendation for the S&P 500 index from AZAforex

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The profit can be $450.00 if the trading volume of 10 USD (1 Lot).

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