What's EURO STOXX 50 Trading System? - Tutorial Guide to Trade EURO STOXX 50 Index
EURO STOXX 50 Trading Chart
EURO STOXX 50 chart is shown & displayed & shown below. On the example below this financial instrument is named as EU50CASH. As a trader you want to find a broker that provides EURO STOXX 50 chart so that you can begin to trade it. The example That is illustrated below is that of EURO STOXX Stock Index on MetaTrader 4 Forex and Platform Software.
Strategy for Trading EURO STOXX 50 Stock Index
EURO STOXX 50 is comprised of blue chip stocks choosen from best performing sectors in the EuroZone: hence a good index trade strategy to trade EURO STOXX 50 is to trade long most of the times. This is because in general the best stocks in Europe will generally keep moving up & up because the companies behind these stocks are the best and most profitable companies in Europe.
EURO STOXX 50 is also revised every year so that if a stock isn't doing well then it is replaced with another stock that is doing good. This ensures that most of the times EURO STOXX 50 will keep going up.
As a trader you want to be biased & keep buying as the index moves upward. When European economies are doing well this upwards trend is more than likely to be ruling. A good index trade strategy would be to buy the dips.
During Economic Slow-Down & Recession
During economic slow-down and recession times, firms begin to report lower profits and lower business growth prospects. It is because of this reason that investors begin to sell stocks of companies that arereporting lower profits and hence stock index tracking these particular stocks will also start to move downward.
Therefore, during these times, market trends are likely to be moving downward & as a trader you should also adjust your trading strategy accordingly to fit the prevailing downwards trends of the stock market index that you are trading.
Contracts and Specifications
Margin Requirement Per 1 Lot - € 40
Value per 1Pip - € 0.1
NB: Even though general trend is generally move upward, as a stock indices trader you have to factor in daily market volatility, on some days the stock index may move in a range or even retrace, market retracement might also be significant at times and hence as a trader you need to time your trade entry precisely when using this trade strategy: Indices trade strategy & at the same time use proper money management rules just in case of more unexpected volatility in the market. About money management rules courses: What's index money management & money management methods.
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