Introduction We are excited to celebrate a big milestone this week at OneUp Trader! This marks the 100th newsletter hitting your inbox! Our Goal With The Newsletters From the very first newsletter, our mission has been clear: to provide educational trading content on recent market news, OneUp Trader updates, and a platform traders can trust. Read More…
Introduction Gold bulls were hoping for a rally through the all-time high last week, but it looks like they will need to sit on the sidelines for a while longer before that happens. Gold futures have performed well so far in 2024. Gold prices have risen approximately 15% year-to-date, reaching new highs. J.P. Morgan’s research Read More…
Economic Data Recent positive data from the Eurozone, such as higher-than-expected GDP growth and industrial production, have supported the Euro but this is not very evident on the chart because at the same time the Dollar has many factors contributing to its strength too. Recent US inflation data showing a cooling trend has led to Read More…
Introduction What if you are long stocks and the price only went up? What if the RSI was overbought ALL THE TIME? Would you think its time for a retracement? No, you wouldn’t because euphoria is striking, and that is dangerous. It is even difficult to do technical analysis because the price only goes up Read More…
Recap We covered the underperformance in RTY futures a few weeks ago and said that we were getting close to the time that RTY needs to catch up to the greater market. It looks like we are finally at that time now and RTY is on its way up. You can read the previous analysis Read More…
CL Volatility We havent seen much volatility after the very uncomforting attempt on former US President Donald Trumps life this morning. The week ahead could be a very hostile one after this event on the weekend as well as OPEC monthly report and EIA report this week. Let’s see if we can position ourselves properly Read More…
NQ Drops 2.8% in a day NQ drops 2.8% in a day, and everyone gets scared. The markets have been going up and only up, so a pullback is due at some point. If you look at the NQ chart you will see nothing but green candles all the way and an RSI that has Read More…
The decline in DXY: The DXY index has seen a recent decline, trading at around 105.125, primarily due to the strengthening of the euro and a weaker yen. The euro’s rise was driven by the results of France’s parliamentary elections, which alleviated concerns over aggressive fiscal policies and boosted European stocks and bonds (FX Empire). Read More…
The U.S. stock market continued to surge last week. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all hit new highs again. On Thursday, the Dow increased by approximately 0.57%, while the S&P 500 rallied 1.8% and the Nasdaq saw gains of 3.57% (Nasdaq) (Investopedia). What is driving this rally besides free money? Read More…
OneUp Trader has just hit a major milestone as we reached 1,000 reviews on Trustpilot! Join us as we celebrate this achievement and tell you a little more about the traders who have succeeded in our funded trader program. Over 1,000 Reviews on Trustpilot Our stellar 4.7-star rating shows the quality and reliability of the Read More…
