Get started

Fundamental Analysis

Buy 0883.hk CNOOC LIMITED @ HK $18.1Buy CNOOC here due to the following technical and fundamental reasons: Technical -50% Retracement of the last move up - Support at 50 Day moving average at about $18.00 Fundamental - 2014 Forward PE ratio of 5.5 - Growth in South China sea fields. - Recent China govt policy support of the stock market - Highly supportive dividend yield of 8% - Strong balance sheet - Still a very solid production growth outlook Risks - Extreme geopolitical tension may cause foreigners to be blocked out of trading Chinese equities, even if listed in Hong Kong (Like happened with Gazprom) Target: HK $28 within 1 year Stop: HK$ 15.00 Risk / Reward: 1:3
HKEX:883Long
by kavijh
Warren Buffett Moves to CashWarren Buffett Moves to Cash On August 30, when the price of Berkshire Hathaway's Class B shares (BRK.B) surpassed $465, we noted that: → the stock was forming an ascending channel (shown in blue); → as the price neared $475, the likelihood of a slowdown in the bullish trend increased. Since then (indicated by the arrow): → the price hit the upper channel boundary, → reversed downward after briefly exceeding $475, → and dropped to around $455 by November 1, when Warren Buffett’s Berkshire Hathaway reported Q3 earnings. Analyst forecasts were close to the report’s actual figures: → Earnings per share: forecast = $4.9, actual = $4.7. → Revenue: forecast = $92.2 billion, actual = $92.9 billion. → Berkshire Hathaway’s investment income more than doubled year-over-year, reaching $3.5 billion for the quarter. Meanwhile, some noteworthy news includes: → Berkshire significantly reduced its Apple (AAPL) holdings and refrained from new investments, even as stock indexes hover near historical highs. → Cash reserves reached a record $325 billion. This has led to speculation that Buffett may believe: → stock prices are overvalued; → a market correction could be imminent. Interestingly, Berkshire Hathaway is also holding off on buybacks—could Buffett be expecting a further price drop? Technical analysis of the BRK.B chart suggests: → The price has fallen into the lower half of the blue channel, which remains relevant. → It’s possible that after a bearish reversal from $475 at the upper channel boundary, the stock has been in a correction phase since September (indicated by red lines), resembling the period from February 26 to July 10. Traders may want to watch for demand around: → $445 (previous resistance in July), → the lower boundary of the ascending channel. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NYSE:BRK.B
by FXOpen
1
GBP/USD Turns Bearish: Analyzing the Key Factors Behind DeclineThe GBP/USD pair has recently turned bearish after reaching a significant Supply area around 1.3228. This level, clearly visible on the weekly chart, has proven to be a formidable resistance, halting the pair's upward momentum and reversing its course. As of today, GBP/USD is trading around 1.3125, marking a notable decline from the previous highs. Weekly Chart Economic Calendar and Market Sentiment Today’s economic calendar highlights the USD ISM Manufacturing PMI, a critical indicator of economic health in the United States. As a leading indicator, the PMI reflects the purchasing managers' outlook, which can offer valuable insights into the overall economic sentiment. Businesses tend to react swiftly to market changes, making this data particularly relevant for understanding the current economic landscape. In contrast, the UK's economic calendar is sparse this week, offering little to support the GBP. The lack of high-impact economic data leaves GBP traders focusing on external factors, particularly from the US. The US economic calendar, however, is packed with significant data releases, including the US Purchasing Managers Index (PMI) figures spread throughout the week. However, the spotlight remains on US labor data, with key prints scheduled for Thursday and Friday. Thursday’s US ADP Employment Change will be the first major data release, serving as a precursor to Friday’s highly anticipated Non-Farm Payrolls (NFP). This week's labor market updates are crucial as they represent the last significant data points before the Federal Reserve's rate decision on September 18th. Before these critical releases, the market will also be watching the US JOLTS job openings, scheduled for Wednesday. The JOLTS data is expected to remain steady near 8.1 million for July, closely aligning with the previous month’s figure of 8.184 million. Technical and Sentiment Analysis: Indicators of Further Decline From a technical perspective, the recent rejection from the 1.3228 Supply area signals a potential continuation of the bearish trend. In addition to this, the Commitments of Traders (COT) report reveals an interesting dynamic. Retail traders are currently extremely bullish on GBP, which often serves as a contrarian indicator, suggesting that a reversal might be on the horizon. Seasonal trends also support the bearish outlook for GBP. Historically, this period tends to favor a continuation of the downtrend, aligning with the current market sentiment and technical indicators. Conclusion: A Confluence of Factors Supporting the Bearish Outlook The confluence of technical resistance at the Supply area, bearish seasonal trends, and contrarian sentiment indicators all point towards a continuation of the GBP/USD decline. As the market awaits critical economic data from the US, traders should remain cautious of further downside risks. The alignment of these factors underpins our bearish outlook on GBP/USD, reinforcing the idea that the pair may continue to trade lower in the near term. OUR PREVIOUS FORECAST ✅ Please share your thoughts about GBP/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
CME:6B1!Short
by FOREXN1
1
GBP/USD Soars to 1.2970 as U.S. Employment Data Weighs on DollarIn the early hours of the London session on Monday, the GBP/USD currency pair has jumped toward the 1.2970 mark, aligning with our previous forecast. The U.S. Dollar (USD) is feeling the pressure from sellers, primarily stemming from disappointing Nonfarm Payrolls (NFP) data released for October, which has provided a boost to the major currency pair. Federal Reserve Rate Cut on the Horizon Following a significant 50 basis points (bps) rate cut in September, which marked the beginning of the Fed's easing cycle, market expectations are now leaning towards a further reduction of 25 bps at the upcoming November meeting. Traders are pricing in this possibility with approximately a 97% probability, contributing to the Greenback's decline as investors brace for the upcoming U.S. presidential election and the Fed's critical interest rate decision later this week. Technical Analysis: Demand Zone Bounce From a technical standpoint, the recent price movement indicates a rebound from our identified demand zone. The setup suggests potential for further upside as it aligns with the broader market sentiment. The latest Commitment of Traders (COT) report supports this outlook, showing no significant changes in trader positioning that would alter the prevailing market dynamics. Preparing for Market Volatility As the U.S. elections approach, traders should be prepared for enhanced volatility in the market. The uncertainty surrounding the election outcomes, coupled with anticipated shifts in U.S. monetary policy, could result in considerable fluctuations across various asset classes. The eventual victor of the election could shape expectations for fiscal strategies, regulatory changes, and economic recovery plans, all of which are likely to influence market sentiment and asset performance in the forthcoming weeks. Conclusion The recent movement of the GBP/USD towards 1.2970 highlights the continued impact of economic data and monetary policy expectations on currency pairs. As the market prepares for significant events this week—the U.S. presidential election and the Federal Reserve’s decision on interest rates—traders must remain vigilant. Understanding the interplay between electoral outcomes and monetary policies will be essential for navigating the potential market turmoil that awaits in the days ahead. Previous Forecast ✅ Please share your thoughts about GBP/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Long
by FOREXN1
1
Sell AUD/JPY Bearish ChannelThe AUD/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 100.25, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 99.48 2nd Support – 99.11 Stop-Loss: To manage risk, place a stop-loss order above 100.75. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_FOREX_TRADING
5
USDJPY Analysis: Anticipating a Slight Bearish Bias on November USDJPY Analysis: Anticipating a Slight Bearish Bias on November 4, 2024 Introduction On November 4, 2024, the USDJPY (US Dollar to Japanese Yen) currency pair is showing signs of a potential slight bearish bias. A mix of fundamental factors, including recent economic data from the United States and Japan, is influencing the current outlook for USDJPY. In this article, we’ll analyze the latest drivers and market conditions impacting USDJPY today to help traders make informed decisions. To ensure visibility on TradingView and search engines, we’ve included essential keywords for better SEO optimization. Key Drivers Impacting USDJPY Today 1. US Dollar Weakness Following Economic Data - The US dollar has shown signs of weakening after recent economic reports painted a mixed picture of the US economy. Non-farm payroll data released last week fell short of expectations, suggesting a slowdown in job growth. Additionally, the latest PMI (Purchasing Managers' Index) data came in weaker than forecasted, hinting at a potential softening in the manufacturing sector. This weaker data weighs on the USD, allowing for a possible downside in USDJPY. 2. Bank of Japan’s Stable Policy and Economic Outlook - The Bank of Japan (BoJ) has maintained a steady approach to monetary policy, signaling no immediate changes. With inflation remaining below target, the BoJ has resisted pressures to tighten rates aggressively. However, Japan’s economy has recently shown slight signs of improvement, with better-than-expected GDP and consumer spending data. This stability may lend some support to the Japanese yen, creating downward pressure on USDJPY. 3. Interest Rate Expectations - Interest rate differentials remain a significant factor for USDJPY. While the Federal Reserve recently suggested that it will maintain interest rates in the near term, markets are beginning to price in potential rate cuts in 2024 due to softening US economic data. This shift in sentiment could favor the Japanese yen over the US dollar, as investors seek safe-haven assets like the yen amid concerns over slower US growth. 4. Geopolitical Factors and Safe-Haven Demand - Recent geopolitical developments have increased demand for safe-haven assets, with the Japanese yen benefiting as a result. Investors tend to turn to the yen in times of uncertainty, and with global tensions on the rise, the yen may see an uptick in demand. This safe-haven appeal could contribute to a bearish outlook for USDJPY as investors look to reduce exposure to the USD. 5. Technical Analysis and Key Levels - Technically, USDJPY shows signs of potential downside pressure. The currency pair is approaching a support level near 147.50, with resistance around 149.00. The Relative Strength Index (RSI) indicates a near-neutral level but is trending downward, signaling possible bearish momentum. Should USDJPY break below the 147.50 support, it could pave the way for further declines. Conclusion Given the above factors, USDJPY is likely to experience a slight bearish bias today. The combination of weaker US economic data, stable policies from the Bank of Japan, changing interest rate expectations, and rising safe-haven demand supports a bearish outlook. As always, it’s essential to keep a close watch on any new economic releases or geopolitical developments that could influence USDJPY in the coming hours. Stay tuned to TradingView for real-time updates and in-depth USDJPY analysis. --- SEO Keywords for USDJPY Article SEO-KEYWORDS: #USDJPYforecast #USDollartoJapaneseYen #USDJPYanalysis #ForextradingUSDJPY #USDJPYbearishtrend #USDJPYtodaysoutlook #BankofJapanpolicyimpact #USDollarweakness #Safehavencurrency
Short
by PERFECT_MFG
DXY Under Pressure: Analyzing Economic Signals Ahead U.S. Elect.The U.S. Dollar Index (DXY) is currently showing intriguing movements as it deals with a mix of economic data and looming political changes. After a Friday marked by disappointing economic indicators—such as the ISM Manufacturing PMI and the Non-Farm Employment Change—the DXY appears to be entering a potential reversal phase. This was further reflected in its negative opening on Monday, which had a noticeable impact on trading in London. Economic Backdrop and Market Sentiment The DXY's recent performance has been influenced by a combination of economic releases and trader sentiment. The mixed results from significant economic indicators have created a sense of cautious uncertainty among investors. The less-than-ideal ISM Manufacturing PMI and Non-Farm Employment Change figures have raised concerns about the strength of the U.S. economy, prompting traders to reassess their positions. As market participants analyze these economic signals, it’s evident that the DXY is acting in response to established price levels and supply zones. Recent price actions suggest a critical juncture; the dollar seems to be encountering resistance as it approaches these key areas. Insights from the COT Report A deeper look at the market dynamics through the latest Commitment of Traders (COT) report reveals a noteworthy divergence. Retail traders continue to maintain long positions, likely influenced by previous bullish sentiment surrounding the dollar. Meanwhile, institutional investors, often referred to as the "smart money," are taking a more bearish stance, gradually shifting their positions lower. This unsettling divergence raises important questions: Will the enthusiasm of retail traders sway the market, or will the more cautious strategies of institutional investors prevail? This situation highlights the potential for volatility that characterizes these transitional phases in the market. Retail traders may find themselves at risk if the smart money's strategies prove to be more prescient. Seasonal Trends Indicate a Bearish Outlook Adding another layer of complexity, seasonal patterns historically suggest that a bearish trend may be on the horizon during this time of year. Price movements often align with established seasonal patterns, prompting traders to consider the implications for future market performance. The Impending U.S. Elections: A Prelude to Volatility With U.S. elections fast approaching, market volatility is expected to rise significantly. History shows that political events can greatly influence currency and asset prices, leading traders to adjust their positions in anticipation of results. This environment is likely to see retracements across various indices and currencies, creating turmoil across the financial landscape. As market participants prepare for the immediate aftermath of the elections, substantial fluctuations are anticipated. The uncertainty surrounding the potential outcomes and the resulting policy shifts will drive considerable movement across asset classes. Conclusion The DXY’s trajectory is complex as it navigates a potential reversal amidst mixed economic signals, diverging trader positions, and impending political changes. With the elections on the horizon, traders should brace for increased volatility and be ready to adapt to rapid shifts in momentum. Staying informed about economic indicators, seasonal trends, and overall market sentiment will be crucial for navigating this challenging landscape. Ultimately, success in these uncertain times will hinge on understanding market psychology while remaining agile in response to both data releases and geopolitical developments. Initial Idea: ✅ Please share your thoughts about DXY in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
TVC:DXYShort
by FOREXN1
1
Nu Holdings (NU) AnalysisCompany Overview: Nu Holdings NYSE:NU , a leading digital bank in Latin America, is rapidly expanding its footprint across the region, leveraging innovative fintech solutions to drive growth in underbanked markets. With a mission to offer simple and accessible financial services, Nu Holdings continues to strengthen its presence, especially in key markets like Mexico and Colombia. Key Developments: Expansion in Latin America: Nu has successfully launched checking accounts in Mexico and Colombia, showcasing strong customer demand. The company has attracted $3.3 billion in deposits in Mexico and $220 million in Colombia, underscoring its ability to effectively penetrate new markets. This expansion opens up significant growth potential for Nu, as the digital banking revolution in Latin America continues to gather momentum. Strong Customer Engagement: Nu's active user base continues to grow, with an impressive record-high activity rate of 83%, marking the 11th consecutive increase in user engagement. This high level of customer activity demonstrates Nu's ability to retain and engage its users, a crucial factor for long-term profitability in the fintech sector. Accelerating Revenue & Profitability: In addition to customer growth, Nu has shown consistent acceleration in revenue and profitability, solidifying its position as a top contender in the fintech space. The company's unique combination of digital banking services, credit offerings, and low-cost structure sets it apart from traditional banks and other fintech competitors. Investment Outlook: Bullish Outlook: We are bullish on NU above the $13.50-$14.00 range, driven by its successful market expansion, strong customer engagement, and accelerating financial performance. Upside Potential: Our price target for Nu Holdings is set at $23.00-$24.00, reflecting its potential for continued regional growth and increasing profitability as it scales operations across Latin America. 🚀 NU—Transforming Banking Across Latin America! #FintechGrowth #LatAmBanking #DigitalRevolution
NYSE:NULong
by Richtv_official
Coinbase (COIN) AnalysisCompany Overview: Coinbase NASDAQ:COIN is one of the largest and most recognized cryptocurrency exchanges globally, offering a wide range of services, from retail trading to institutional crypto solutions. The company has focused on strengthening its position in the crypto ecosystem by targeting both retail and institutional investors. Key Developments: Institutional Adoption & BlackRock Partnership: Coinbase’s strategic partnership with BlackRock allows Aladdin clients to access cryptocurrency trading and custody services via Coinbase Prime, which caters to institutional investors. This partnership has the potential to drive significant institutional capital into the platform, thereby increasing transaction volumes and boosting revenue. Diversification Efforts: Coinbase has successfully reduced its dependence on trading fees by growing its subscription and services revenue, which saw a 34% year-over-year increase in Q2 2023. This revenue diversification helps mitigate the impact of the volatile trading environment often seen in the cryptocurrency space. Regulatory Compliance: With regulatory scrutiny tightening across the crypto industry, Coinbase’s strong focus on compliance gives it a competitive advantage. As regulatory hurdles increase, the company is likely to capture market share from less compliant competitors, positioning itself as a trusted platform in an evolving regulatory landscape. Product Innovation: Coinbase continues to innovate with new offerings like the Ethereum layer-2 network and enhanced staking services. These product launches not only enhance Coinbase’s competitive edge but also position the company well for future growth in decentralized finance (DeFi) and staking markets. Investment Outlook: Bullish Outlook: We are bullish on COIN above the $180.00-$185.00 range, driven by institutional adoption, diversification of revenue streams, and strong regulatory positioning. Upside Potential: Our price target for Coinbase is set at $370.00-$375.00, reflecting its potential to capture more institutional market share and sustain growth through innovative product offerings. 🚀 COIN—Leading the Way in Institutional Crypto Adoption! #CryptoInnovation #InstitutionalAdoption #CryptoCompliance
NASDAQ:COINLong
by Richtv_official
BTC/USD "BITCOIN" Market Money Heist Plan on Bullish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist BTC/USD "BITCOIN" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss 🛑 : Recent Swing Low using 4h timeframe Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
COINBASE:BTCUSDLong
by Thief_Trader
1
XAU/EUR "Gold Euro" Market Money Heist Plan on Bullish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist XAU/EUR "Gold Euro" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss 🛑 : Recent Swing Low using 2h timeframe Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
SAXO:XAUEURLong
by Thief_Trader
Is This the Final Chapter in Buffett's Tech Journey?Warren Buffett’s once unshakeable partnership with Apple seems to be reaching a critical juncture, leaving market watchers with more questions than answers. For years, Buffett and his Berkshire Hathaway embraced Apple, with Buffett even calling it “the greatest trade of all time.” Yet, with Berkshire’s recent decision to reduce its stake by a staggering 67%, the dynamic is shifting. While initial statements attributed the sales to tax planning, the sheer scale hints at a deeper strategy. This raises the question: is this a calculated portfolio rebalancing or the beginning of a more profound shift in Buffett’s investment philosophy? The timing of these sales isn’t random. Apple now faces several hurdles, from slower growth projections in a competitive smartphone market to increasing regulatory scrutiny in the U.S. and Europe. The conglomerate’s move coincides with Apple's potential weaknesses, suggesting Berkshire is not immune to the broader industry concerns, such as competition in China and challenges in artificial intelligence—a field where Apple appears to be lagging. Interestingly, some experts speculate that the recent passing of Charlie Munger may have influenced Buffett’s decision. Munger, who historically favored Apple, played a pivotal role in Berkshire’s tech investments, balancing Buffett’s more cautious stance on technology. Now, Berkshire’s shift could signal a strategic return to its foundational values, preferring stability over tech’s unpredictable currents. As Berkshire Hathaway maneuvers through these adjustments, Apple remains its largest equity holding, hinting that Buffett hasn’t fully turned his back on the tech giant. But with record cash reserves and a keen eye on emerging opportunities, the next steps Berkshire takes could redefine not just its portfolio but perhaps even broader investment trends in the years to come.
NASDAQ:AAPLShort
by signalmastermind
What Is a Trading Journal, and How Traders Keep One?What Is a Trading Journal, and How Traders Keep One? For traders, keeping a trading journal is an important activity that helps them improve their trading skills. A trading journal is a systematic record-keeping tool that is used to document trades, strategies, and outcomes. It is a way to track performance by recording the entry and exit points, the reasons for entering the trade, and the results. This FXOpen article discusses the way traders track their progress, identify patterns, and learn from mistakes. You’ll learn about the types of trading journals and their benefits and find out exactly what to record. Types of Trading Journals Here are three trading journal examples. You can choose a format that works best for you, whether it’s handwritten notes in a notebook, a trading journal online spreadsheet, or a specialised app. The key is to be consistent in recording your activity. - Use a notebook . Simply record the details of each trade on a new page or divide the page into convenient columns. - Create a spreadsheet to keep track of your trades. Consider including columns for the entry and exit points, reasons, and outcomes. - Choose trading journal software from the multiple options available. Apps make it easy to record and analyse trades. Some popular ones include Edgewonk and Tradervue. Benefits of Keeping a Trading Journal Keeping a journal has several benefits. The most important thing is that by using this tool for self-analysis and learning, you can increase your chances of success in markets and make data-driven improvements. Let’s break down why it can be useful. - Identifying patterns. By keeping a record, you can identify patterns in your behaviour. For example, you may notice that you tend to enter trades at certain times of the day or that you have a tendency to hold losing trades for too long. - Learning from mistakes. If you review your losing trades, you may identify what went wrong and how you can avoid making the same mistake in the future. - Tracking progress. A trading journal is a way to track your progress. You can see how much you’ve improved. It’s also a means to reflect on your decisions. - Improving discipline. Recording your activities can help you improve your discipline. By stating the reasons for entering the trades, you hold yourself accountable for your decisions. - Controlling emotions. A journal can serve as a therapeutic outlet to express your thoughts and feelings. This allows you to separate your emotions from your decisions and make them more logical and reasonable. Whether it’s a forex trading journal or one for stocks, crypto* or indices, the benefits will be the same. The usefulness of keeping a record will be self-evident. How to Keep a Trading Journal It’s to be expected that over time, a journal will become an invaluable resource for improving skills, minimising risk and achieving more consistent effectiveness in the financial markets. The hardest part is getting started, although keeping a journal is actually easy. Here are the five steps you can follow. 1. Choose a Format Decide whether you want to keep a physical trading journal book, use a digital spreadsheet, or employ specialised software. Choose a format that you’re comfortable with, and that aligns with your needs. If you’re using a spreadsheet or digital document, you can create a trading journal template that includes the key information you plan to record for each trade. 2. Record Your Trades Record the details of each trade you make. You can include the date and time, as this information is essential for tracking the timing of trades and assessing how different market conditions may affect your decision-making. Recording your strategy or approach is a great idea. Regardless of whether it is based on technical, fundamental, or combined analysis, be sure to state your methodology. You may also want to detail the risk management techniques you used, such as stop-loss and take-profit orders. On the TickTrader trading platform, you can find various tools for risk management. After using them, you can evaluate how effectively they protected your capital. 3. Record Reasons and Your Emotional State Consider writing down the reasons that prompted you to enter the trade. What factors or indicators influenced your decision? For example, if you prefer currencies, did you enter the trade because of a certain technical pattern or a country’s GDP report? Documenting your emotional state before and during the trade is also important. Were you confident, anxious or fearful? An honest self-assessment of your emotions is critical to identifying emotional triggers that can influence you. 4. Review Your Trades Think about reviewing your trades and indicating the final result — profit or loss. Be sure to write down the actual numbers so that you can accurately assess your results. When documenting your trades, it’s crucial to remain objective. Do not justify bad decisions or self-glorify successful ones. The purpose of keeping a journal is to learn and improve. You can schedule a regular review of your trades. This can be done weekly or monthly, depending on how often you trade. During these reviews, you are likely to find patterns and identify areas for improvement. 5. Be Consistent Consistency is key. You can develop a routine for recording trades. Make sure you thoroughly document all of them, regardless of their size or perceived importance. If it’s too difficult to do this yourself, you can use an automated trading journal. This is a great solution for those who have a hard time making habits. Final Thoughts Keeping records of your trades is a way to have a structured and systematic approach to monitoring and evaluating trading activity. This leads to better-informed decisions and improved performance. By recording details of trades, strategies, emotions, results, and risk management techniques, you can gain valuable insights into your behaviour and patterns. If you want to engage in trading in over 600 markets, you can open an FXOpen account. *At FXOpen UK, Cryptocurrency CFDs are only available for trading by those clients categorised as Professional clients under FCA Rules. They are not available for trading by Retail clients. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Education
by FXOpen
4
USD/CAD "The Loonie" Bank Money Heist Plan on Bearish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑💰 This is our master plan to Heist USD/CAD "The Loonie" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰. Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High Stop Loss 🛑: Recent Swing High using 1h timeframe Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
Short
by Thief_Trader
Gold Shines Amid Political and Geopolitical UncertaintiesGold trades in positive territory on Monday, supported by risks surrounding the upcoming U.S. presidential election and ongoing geopolitical tensions in the Middle East. These uncertainties enhance gold's appeal as a traditional safe-haven asset, attracting investors looking to shield their portfolios. In the short term, these factors are likely to keep gold’s price elevated. However, the upside for gold is capped by renewed demand for the U.S. dollar and rising U.S. Treasury yields, which make non-yielding assets like gold less attractive. Higher yields increase the opportunity cost of holding gold, thereby limiting its potential for significant gains. Investors are closely monitoring the presidential election on Tuesday, as well as the Federal Reserve’s upcoming rate decision on Thursday. Market expectations lean toward a moderate 25-basis-point rate cut from the Fed, reflecting caution amid electoral uncertainties. This approach could further temper gold’s gains if the dollar remains strong. In summary, while political and geopolitical risks lend support to gold, its upside is constrained by a strong dollar and rising yields, making investors cautious about heavy positioning ahead of key events this week.
COMEX:GC1!Long
by KingHamma
Gold rebounds ahead of U.S. elections, market cautious on Fed.Gold prices have halted their adjustment from the record high of $2,790 set on Friday, as the U.S. dollar faces strong selling pressure. The gap opened lower following the latest poll results regarding the U.S. elections, which showed Kamala Harris surpassing Donald Trump in Iowa, marking a significant shift. The presidential race between the two candidates is intensifying, with Americans set to vote on Tuesday. Additionally, U.S. Treasury yields are also declining due to market caution and expectations that the Fed will cut interest rates by 25 basis points on Thursday, which has supported non-yielding gold prices. Personal opinion: Gold prices are heavily influenced by the U.S. elections and the economic situation. Kamala Harris leading in the polls might make investors feel more optimistic. The drop in bond yields also indicates that people are looking for safe places to invest, increasing gold's appeal during this uncertain time. Pay attention to price levels: Buy zone: 2727 - 2725 SL: 2720 Sell Zone: 2747 - 2749 SL: 2754 Sell Zone: 2760 - 2762 SL: 2767
OANDA:XAUUSDLong
by Chana-Trading
Fundamental Market Analysis for November 4, 2024 GBPUSDThe GBP/USD pair saw a notable increase in value on Monday, reaching 1.29700 amid a weaker US dollar in Asian trading hours. The US dollar (USD) continues to face selling pressure following the release of weaker-than-expected US Non-Farm Payrolls (NFP) data for October, which provided some support for the major pair. Following a 50-basis-point cut to rates in September, the US Federal Reserve (Fed) is anticipated to implement a further 25-basis-point reduction in its discount rate at its November meeting. The probability of this outcome is estimated by the markets to be around 97%. The US dollar is experiencing a decline as traders anticipate the US presidential election and the Federal Reserve's interest rate decision this week. Analysts anticipate that Donald Trump's policies on immigration, tax cuts and tariffs will exert upward pressure on inflation, Treasury yields and the US dollar, while Kamala Harris is regarded as a potential successor. "There is a widespread view that a Trump victory would have a positive effect on the US dollar, although many believe that such an outcome has already been priced in," said Chris Weston, an analyst at brokerage Pepperstone. Conversely, the Bank of England (BoE) is expected to reduce interest rates on Thursday, despite predictions that the Labour budget could result in higher inflation in the UK next year. Market sentiment is that the Bank of England will announce its second 25 bp rate cut this year, taking it down to 4.75 per cent. Trading recommendation: We follow the level of 1.30000, if it is fixed above we consider Buy positions, if it bounces back we consider Sell positions.
by Fresh-Forexcast2004
Gold price will reach 2800 this weekLast week, gold's direction was strongly influenced by concerns surrounding the race for the White House by former President Donald Trump and Vice President Kamala Harris and the conflict in the Middle East and expectations of the US Federal Reserve. (Fed) will continue to cut interest rates at the upcoming policy meeting. This week, the US election and the US Central Bank's interest rate decision will dominate the sentiment in this precious metals market. Both experts and retail investors say that it is difficult to predict the direction of gold this week, because this precious metal is still influenced by the situation in the Middle East, the US election and the civil war. Fed policy meeting. SIA Wealth Management market strategist Colin Cieszynski said that gold is at $2,750 an ounce and appears to be starting a normal consolidation process, but the underlying long-term uptrend remains intact until now. Now. However, the appeal of this precious metal is still maintained and the price reached 2,800 USD/ounce last week. This shows the strong resistance of this precious metal.
TVC:GOLDShort
by FalCol_TradingMaster
Singapore’s EV Market Poised for Leadership in Southeast Asia?Singapore is set to become Southeast Asia’s largest electric vehicle (EV) market, with an estimated 80% of its passenger vehicles expected to be electric by 2040, according to BloombergNEF. This significant market shift underscores Singapore’s commitment to sustainable transportation, placing it far ahead of regional peers, where the average EV market share will likely reach just 24%. The Lion City already leads Southeast Asia in EV adoption, with EVs making up about 32.1% of new car registrations within the first seven months of 2024. In 2023, EVs comprised 19% of total vehicle sales, highlighting the growing consumer shift towards cleaner energy vehicles. Singapore also boasts the highest density of EV charging infrastructure in the region, with one public charger for every three EVs. By comparison, Thailand has a charger for every 16 EVs, Malaysia one for every 38, and Indonesia one for every 42. This extensive charging network alleviates concerns around charging accessibility, a common challenge in EV adoption, and demonstrates Singapore’s proactive steps to support its EV market expansion. Driving Factors: Falling Battery Prices and Policy Support A key enabler of EV adoption is the reduction in battery prices, the most expensive EV component. BloombergNEF projects that battery prices will fall by 17% every time the cumulative number of batteries produced doubles, significantly decreasing EV costs. From 2010 to 2023, battery pack prices dropped by 90%, making EVs more affordable and competitive with petrol-powered vehicles. Supportive government policies also bolster Singapore’s EV market growth. Policies include banning new diesel-powered cars and taxis from 2025, implementing a certificate of entitlement (COE) system to encourage vehicle turnover every ten years, and mandating that all new car and taxi registrations from 2030 must be cleaner-energy models. These strategies align with Singapore’s Green Plan, which aims for 60,000 EV charging points by 2030 and 100% clean-energy vehicles by 2040. Comparative Growth and Regional Trends Across Southeast Asia, the EV market has been expanding, driven in part by Chinese automakers such as BYD, Great Wall Motor, and GAC Aion, which are setting up manufacturing facilities in Thailand. Although Thailand currently leads the regional EV market in sales numbers, with over 86,000 EV units sold in 2023, Singapore is expected to lead in market share percentage. In total, Southeast Asia saw more than 153,500 passenger EV sales in 2023, including 5,734 units in Singapore. Transport economist Professor Walter Theseira attributes Singapore’s rapid EV adoption to the COE system, contrasting it with other Southeast Asian countries where vehicles are often kept for longer. Singapore’s vehicle turnover model, coupled with policies promoting EV use, has created a supportive environment for sustained EV growth. Future Opportunities for EuroSports Global Ltd. and Nio Inc. As the demand for EVs continues to rise in Singapore, companies like EuroSports Global Ltd. and Nio Inc. stand to benefit. EuroSports Global, a local leader in luxury and performance vehicle distribution with its own in-house Scorpio Electric Vehicle brand, has the potential to leverage Singapore’s growing market for high-performance EVs. Meanwhile, Nio Inc., a prominent Chinese EV manufacturer, could find new opportunities to expand its presence and meet demand in Singapore, given the city-state's openness to international EV brands and its alignment with clean energy goals. With its robust infrastructure, government support, and ambitious clean-energy targets, Singapore is well on its way to becoming Southeast Asia’s leading EV market, setting a compelling example for neighbouring countries aiming for sustainable growth.
5Long
by HASHInvests200