Currency futures jumped on Monday as the dollar declined after reports of a deal to end the Iran war. The news which came out over the weekend boosted risk appetite and eased inflation concerns. Meanwhile, market participants are gearing up for the FOMC policy meeting. Dollar performance (Source: Bloomberg) The dollar ended last week lower Read More…
Introduction A 21-year-old trader from London has withdrawn $10,111 in just 18 days after getting funded for the first time with OneUp Trader. Having joined the funded trader program only a few months ago, Ali was able to turn that first funded opportunity into a successful withdrawal by scalping the E-mini S&P 500 (ES). Trading Read More…
Oil extended its decline on Thursday as market participants hoped for a near-term supply surge. The decline came despite rising tensions in the Middle East. Furthermore, there was pressure from a rallying dollar after solid jobs data and inflation hitting a three-year high. Tensions in the Middle East escalated last week after Israel renewed its Read More…
Introduction When the first OneUp Trader newsletter was published back in July of 2022, the goal was to give traders useful market insight and talk honestly about futures trading, strategies, and what our traders have achieved. Over the past several years, markets have moved through extreme volatility, aggressive interest rate cycles, AI-driven momentum, commodity rallies, Read More…
Introduction In our previous analysis, we highlighted the $100–$105 region as the key battleground for crude oil futures. We also noted that progress in US-Iran negotiations could continue, removing some of the risk premium that had fueled the rally throughout March and April, and since then, that is mostly what has happened. CL has remained Read More…
Introduction Silver futures continue consolidating and have followed gold for the most part. After reaching highs near 420,000 earlier this year, the market pulled back as profit-taking commenced. The current daily chart shows Silver futures trading around 263,500. While the aggressive selling pressure seen during February and March has faded, buyers have also struggled to Read More…
