Introduction Today, we’re excited to share the story of Furkan, a funded trader from Germany, who recently made an impressive $24,700 in withdrawals after just eight days of trading! Furkan trades a scalping strategy, which we will explore in more detail later, but for now, let’s learn more about this talented trader and his journey Read More…
Interest futures rose on Thursday and Friday as Treasury yields dropped despite upbeat US economic data. Nevertheless, prices remained near recent lows and will likely end the week down due to a shifting Fed rate cut outlook and the looming US presidential election. 10-year US Treasury yield (Source: Bloomberg) Data on Thursday showed that the Read More…
Introduction Its been exactly 400 days since the the 50 simply moving average crossed back above the 200 simple moving average in a 100% rally from bottom to the top in NQ. The index has rallied hard and technicals are still pointing to higher prices as the bulls over power the bears. Technical analysis though Read More…
Introduction Technicals on the Euro have once again shown that the range the price has been stuck in is a very difficult one to break. 6E futures have painted 16 red sessions in the past 18 as the Dollar staged a comeback. Some investment banks are becoming bearish on the Euro as Donald Trump leads Read More…
Gold prices rose by 1% to a record high on Tuesday and extended the move Wednesday due to safe-haven demand. Market participants are flocking to gold amid political uncertainty ahead of the US election. At the same time, developments in the Middle East have raised demand for the yellow metal. Spot gold (Source: Bloomberg) The Read More…
Equities ended in the red on Monday as Treasury yields rose, reflecting a decline in Fed rate cut expectations. Experts observed that market participants were likely taking profits before a week full of earnings reports from major companies such as Tesla and Coca-Cola. US Treasury yields hit a 12-week high on Monday, signaling growing expectations Read More…
