Welcome to a three-part series on intra-day trading, a focused and fast-paced trading approach that, when executed with precision, can sharpen your trading skills and deepen your market understanding. We’re starting with mean reversion, a method centred on spotting price overextensions and profiting from quick corrections. What is Intra-Day Trading? ...
EUR/USD has taken on the role of an election barometer, reflecting the tug-of-war between the dollar’s fluctuations and shifting poll dynamics. With the U.S. presidential race on a knife-edge, let's take a look at how this currency pair is navigating election day, and the key technical levels that could shape its path in the days ahead. Why EUR/USD is an...
With the U.S. election right around the corner, the markets are primed for a week of intense action. As traders settle in for what could be a wild ride, we're zeroing in on the S&P 500’s most important support and resistance zones. Anticipated Surge in Volatility and Volume As election day arrives, expect a surge in both volatility and volume, especially in...
Stock selection is a game of fine margins but understanding a few key factors can tilt the probability of success in your favour. By focusing on these crucial elements, you can ensure that when it comes to buying stocks, you’re sailing with the prevailing tailwinds rather than fighting against them. 1. Don’t Fight the Market Ever heard the saying, “a rising...
USD/CAD is hovering just below a key resistance zone, setting the stage for potential high volatility as the Bank of Canada prepares for its next rate decision. Let’s break down what this could mean for the pair, from both a fundamental and technical perspective. BoC Expected to Slash Rates as Inflation Continues to Cool On Wednesday, the Bank of Canada...
Netflix just gave investors a new plot twist. After a brief pullback leading into earnings, the streaming giant delivered a standout performance, sending its shares soaring and reigniting momentum in its long-running uptrend. A Strong Showing in Netflix’s Earnings Netflix’s numbers comfortably beat market expectations. The company reported a 16%...
Successful day trading in the forex market requires more than just technical analysis and a good strategy—it involves having a clear roadmap for the trading day ahead. One of the best ways to build that roadmap is by focusing on five key prices that can serve as critical reference points for your trades. Understanding how price interacts with these levels...
Tesla’s latest “We, Robot” event failed to live up to the market’s high expectations, causing the shares to gap lower. With investors shifting focus to short-term challenges rather than long-term dreams, let's take a look at what’s next for Tesla. Cybercab: A Vision With No Immediate Payoff Tesla’s much-anticipated Cybercab ended up as more of a damp firework...
In late September, we published a piece titled China A50 Stimulus Surge, detailing how Beijing’s aggressive fiscal and monetary policies could spark a powerful rally in the China A50 index. At its peak, the index gained more than 40%, breaking free from months of downward pressure. However, the rally has lost momentum in recent days, with the index now down 16%...
Adapting to subtle changes within a trend is a key element of successful trading. It's not enough to recognise that a trend exists; to stay ahead, you need to understand how trends evolve. From the initial surge to the steady grind, each phase of a trend carries its own characteristics—and knowing how to react to these transitions is what separates a prepared...
Oil prices surged past critical technical levels last week as escalating Middle East tensions raised fears of significant supply disruptions. As bullish momentum builds in response to geopolitical risks, let’s explore the key levels to watch, where short-term gains could face resistance from lingering long-term weakness. Geopolitical Tensions Fuel Oil's Rally...
EUR/USD broke through a key level of support following Friday’s non-farm payrolls, confirming a double-top reversal pattern on the daily chart. With the dollar strengthening on the back of solid U.S. economic data, the pair’s recent price action signals further downside may be ahead. A Textbook Double Top Meets Strong U.S. Data The double top pattern on...
Da inizio anno il petrolio sta guadagnando solo il 2% ma se ci concentriamo sui massimi di aprile 2024, dove il prezzo del petrolio ha raggiunto gli 88$ al barile, i prezzi sono scesi di oltre il 25%. Nel 2022, post pandemia, abbiamo assistito a picchi che non si registravano dal 2008, intorno ai 120$ al barile per poi cominciare una lenta discesa fino ai giorni...
Welcome to our 2-part series on adapting to change in trading, where we dive into the art of staying flexible in dynamic market environments. In Part 1, we’ll explore how traders can effectively navigate consolidation phases and avoid the pitfalls of rigid analysis. The Trap of Over-Defining Consolidation: Price Action is Fluid, Not Fixed One of the biggest...
With gold pulling back from trend highs, we take a look at how deep the retracement is likely to be and how short-term swing traders can time their entry. Why Gold Is on the Rise in 2024 Gold has been on a strong upward surge this year, with a combination of global demand, favourable interest rate expectations, and significant moves by central banks,...
Short-term momentum has realigned with the long-term downtrend in USD/JPY. Friday’s price action formed a bearish engulfing pattern, signalling that the recent rally may have come to an end, as sellers regained control. Why USD/JPY Has Been Trending Lower Since July USD/JPY has been in a steady decline since the Bank of Japan's (BoJ) unexpected shift in...
When it comes to Forex trading, technical analysis often dominates the conversation. Charts, indicators, and price patterns are essential tools, but they only tell part of the story. To truly gain a multi-dimensional view of Forex markets, it’s crucial to look beyond the technicals and consider the broader picture—specifically, macroeconomic trends and...
China has announced a blockbuster stimulus package, sending the China A50 index surging higher. Let’s take a look at how this move is reshaping market momentum and what it could mean for the broader economic landscape. Beijing's Bold Move to Boost Growth In a bid to counter slowing growth, China has unleashed a wave of stimulus measures, including cuts to its...