Update on price action The small cap index has dropped 10% since the recent high in RTY, which was $2,015. The price has plunged dramatically and is currently in free fall. Let’s take a look at some technical levels we can watch out for going forward. The main bear target is at $1,738 which is Read More…
Trade Recap Last week Friday, we looked at a potential short trade in GC, and the position has worked out so far, with the first target being hit. The second target is still some way away, but let us look at some developments and see if there is anything we can do to adjust our Read More…
Gabriella is a momentum trader from Macedonia who completed the $50,000 Evaluation. She has been a trader at OneUp trader and a part of their funded trader program for 4 years. Her daily routine consists of checking the economic calendar, support and resistance levels, and possible break-out areas where price may move powerfully in a Read More…
US equities ended Tuesday considerably lower after Federal Reserve Chair Jerome Powell informed Congress that the central bank would probably need to raise interest rates more than initially anticipated. Powell warned US lawmakers that the Fed is prepared to raise rates in more significant increments, sending stock investors running for safety. Future economic data might Read More…
Investors are awaiting this week’s hearing of Federal Reserve Chair Jerome Powell. Investors will be watching for clues about the Fed’s trajectory for rate increases. European Central Bank officials defended the necessity for additional interest rate increases. US equities showed minimal movement on Monday, finishing barely above their session lows. Investors were preparing for this Read More…
Analyzing the trade from last week on YM and seeing if there are any adjustments we can make. Hourly chart entries for traders who still believe in the bullish move. Trader mindset announcement. The trade Last Monday, we looked at a long trade in YM. Let’s go over the updates and see if there are Read More…
