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Economics Student Turned Funded Trader withdraws $24,700!

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…

Fundamental Analysis

Equities Slide as Rising Yields Reflect Diminishing Rate Cut Bets

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…

Technical Analysis

Gold Futures (GC) Technical Analysis 18/10/2024

Introduction Price Action Overview (Past Four Weeks) Over the past few weeks, we see a strong uptrend with price action making higher highs and higher lows. This follows the standard theme this year for gold futures. The price is currently approaching the R1 pivot resistance level (2744.5), which could act as a short-term ceiling. This Read More…