Introduction to the VWMA The Volume Weighted Moving Average (VWMA) is a powerful technical analysis tool that provides a more accurate representation of an asset’s average price over time compared to a simple moving average. By incorporating trading volume into its calculation, VWMA gives greater weight to periods with higher trading activity, painting a clearer Read More…
Tag: crude oil futures (CL)
Russell 2000 hold key support—is a breakout coming?
Introduction The Russell 2000 E-mini futures (RTY) are inside a bullish rising channel, despite recent choppy price action. Small-cap stocks have struggled for direction, but the 100-day SMA (2,299.9) trending upward steadily. As of today, RTY is trading at 2,289.2, up +0.17%, hovering near key pivot levels. Bulls are looking for a decisive move higher, Read More…
How a University Student Withdrew over $39,500 Across Multiple Funded Accounts
Introduction Success in trading isn’t just about making the right trades—it’s about discipline, consistency, and a strong mindset. These are qualities often overlooked but incredibly important. While many traders struggle to reach profitability, Cedric, a university student from Baden-Württemberg, Germany, has proven that it’s possible. Through persistence and a methodical approach, he has successfully withdrawn Read More…
Oil Falls 2% on Reports of Russia-Ukraine Peace Deal Under Trump
Oil prices ended 2% lower on Wednesday after news of a likely end to the Russia-Ukraine war under Trump’s administration. At the same time, US inflation data came in higher than expected, dashing Fed rate cut expectations. WTI futures (Nymex) During his campaigns, Donald Trump said he would not allow the Ukraine war to continue Read More…
Has the Euro finally bottomed? Signs of a reversal after Dollar strength
Introduction The Euro (EUR/USD) has shown signs of stabilization after months of weakness driven by a surging U.S. dollar. A strong dollar, fueled by hawkish Federal Reserve policy and resilient U.S. economic data, has kept the euro under pressure. However, recent price action suggests that the euro may have found a bottom, with bullish momentum Read More…
Crude Oil futures (CL) attempt recovery but face trendline resistance
Introduction Crude oil futures have rebounded after testing support, but the long-term downtrend resistance remains intact. As of today, NYMEX WTI crude oil (CL) is trading at $73.00, up 0.94%, as buyers attempt to push prices higher after a recent rejection near $75.30. However, the descending trendline that has capped rallies since mid-2023 remains a Read More…