๐ On April 30 at 12:30 pm UTC, the US will release its Q1 GDP.
This key indicator reflects the health of the economy. If GDP grows, the USD strengthens, but if it declines, the USD may weaken.
US GDP:
Previous: 2.4%
Forecasted: 2.3%
Hereโs how the market could react:
๐ผ GDP below 2.4% โ EUR/USD rises.
๐ฝ GDP above 2.4% โ EUR/USD falls.
๐ Last time, the EUR/USD pair rose within 5 minutes after the GDP data release.
๐ก Why did it happen?
The GDP data falling short of expectations was interpreted as a sign of economic slowdown, resulting in a drop in the USD.
โก How to trade on EUR/USD on Olymptrade:
1. Open FT/Flex mode on the day of the report.
2. Select EUR/USD.
3. Set the trade amount and expiration (3โ5 minutes).
4. Use Pending Order for automatic trade opening.
5. Make your forecast.
Whatโs your forecast this time?
๐ โ EUR/USD will rise
๐ โ EUR/USD will fall
This key indicator reflects the health of the economy. If GDP grows, the USD strengthens, but if it declines, the USD may weaken.
US GDP:
Previous: 2.4%
Forecasted: 2.3%
Hereโs how the market could react:
๐ผ GDP below 2.4% โ EUR/USD rises.
๐ฝ GDP above 2.4% โ EUR/USD falls.
๐ Last time, the EUR/USD pair rose within 5 minutes after the GDP data release.
๐ก Why did it happen?
The GDP data falling short of expectations was interpreted as a sign of economic slowdown, resulting in a drop in the USD.
โก How to trade on EUR/USD on Olymptrade:
1. Open FT/Flex mode on the day of the report.
2. Select EUR/USD.
3. Set the trade amount and expiration (3โ5 minutes).
4. Use Pending Order for automatic trade opening.
5. Make your forecast.
Whatโs your forecast this time?
๐ โ EUR/USD will rise
๐ โ EUR/USD will fall
๐8โค1
Ever let emotions push you back into the market after a loss, only to lose even more? Thatโs revenge trading.
Revenge trading happens because of:
๐ฅ Frustration โ You want to recover your losses quickly.
๐ฅ Impatience โ You donโt want to wait for the right market conditions.
๐ฅ Ego โ Youโre unwilling to accept the loss.
Signs youโre revenge trading:
๐จ Impulsive and erratic trades.
๐จ Increasing position sizes to make up for your losses.
๐จ Letting your emotions override your strategy.
๐จ Ignoring risk management rules.
How to avoid revenge trading:
1๏ธโฃ Accept that loss is a part of trading.
2๏ธโฃ Take a break to reset, then come back with a clear plan.
3๏ธโฃ Analyze your trades to learn from your mistakes and avoid repeating them.
Whatโs your experience with revenge trading?
๐ฅ I still fall into this trap sometimes
โค๏ธ Iโve learned to press pause
๐คฉ I keep calm and stick to my plan
Revenge trading happens because of:
๐ฅ Frustration โ You want to recover your losses quickly.
๐ฅ Impatience โ You donโt want to wait for the right market conditions.
๐ฅ Ego โ Youโre unwilling to accept the loss.
Signs youโre revenge trading:
๐จ Impulsive and erratic trades.
๐จ Increasing position sizes to make up for your losses.
๐จ Letting your emotions override your strategy.
๐จ Ignoring risk management rules.
How to avoid revenge trading:
1๏ธโฃ Accept that loss is a part of trading.
2๏ธโฃ Take a break to reset, then come back with a clear plan.
3๏ธโฃ Analyze your trades to learn from your mistakes and avoid repeating them.
Whatโs your experience with revenge trading?
๐ฅ I still fall into this trap sometimes
โค๏ธ Iโve learned to press pause
๐คฉ I keep calm and stick to my plan
โค6๐4๐ฅ2๐คฉ2
Gold surged by 17.4% from April 9 to 21, reaching a record $3,500 per ounce.
๐ Why gold is rising as a safe-haven asset:
- New US tariffs on China have raised fears of global economic instability.
- President Trumpโs criticism of the Federal Reserve has added to uncertainty in the financial market.
- The USDโs drop has made gold more attractive to investors.
๐ Whatโs next?
If the tariff war continues and the dollar stays weak, gold could keep rising. Keep an eye on news related to US interest rate cuts and other economic factors that could impact its price.
๐ Why trade on gold now?
Goldโs high volatility creates excellent short-term trade opportunities. Traders can profit from its daily price fluctuations.
Whatโs your forecast?
๐โ Gold will keep rising
๐โ Gold will reverse soon
๐ Why gold is rising as a safe-haven asset:
- New US tariffs on China have raised fears of global economic instability.
- President Trumpโs criticism of the Federal Reserve has added to uncertainty in the financial market.
- The USDโs drop has made gold more attractive to investors.
๐ Whatโs next?
If the tariff war continues and the dollar stays weak, gold could keep rising. Keep an eye on news related to US interest rate cuts and other economic factors that could impact its price.
๐ Why trade on gold now?
Goldโs high volatility creates excellent short-term trade opportunities. Traders can profit from its daily price fluctuations.
๐ก Example trade in FX mode:
A $30 buy trade with 200x leverage could yield a 200% profit ($60) if the price rises by just 1%.
$30 ร 1% ร 200 = $60 (+200%)
Whatโs your forecast?
๐โ Gold will keep rising
๐โ Gold will reverse soon
๐7โค3๐ฅ2
The price of this commodity is heavily impacted by weather conditions, especially in the winter. Itโs commonly transported either through pipelines or in liquefied form.
Anonymous Quiz
25%
Brent
40%
Gold
35%
Natural gas
๐5โค2๐ฏ1
Thatโs where the CCI + DeMarker comes in.
Getting ready
Signals to enter the track (Buy)
Signals to pull back (Sell)
Closing the trade
Set your trade duration to 2โ3 times the chartโs timeframe. For a 15-minute chart, consider a duration of 30 to 45 minutes.
Have you ever tried CCI and DeMarker Trend Reversal?
๐ Sure
๐คฉ Not yet
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Can you improve your trading by not doing something? ๐ค
You absolutely can! ๐
๐ฌ Watch the video about 5 common trading mistakes and start increasing your gains! โ https://www.youtube.com/watch?v=fHUNXH5kR8s
You absolutely can! ๐
๐ฌ Watch the video about 5 common trading mistakes and start increasing your gains! โ https://www.youtube.com/watch?v=fHUNXH5kR8s
YouTube
5 big trading mistakes to avoid | Olymptrade
Many traders can easily improve their results if they simply avoid some of the common trading mistakes. This video showcases them. After watching it, you will learn:
โซ๏ธ If trading gurus are trustworthy.
โซ๏ธ If analyzing the highest volume of price dataโฆ
โซ๏ธ If trading gurus are trustworthy.
โซ๏ธ If analyzing the highest volume of price dataโฆ
โค8๐4๐1
๐
Our freshly updated economic calendar is ready.
Check out the key events of the upcoming week that are likely to affect major currency pairs.
Which event do you think will have the biggest impact?
๐ฅCanada trade balance
๐คฉUS interest rate decision
๐UK interest rate decision
Check out the key events of the upcoming week that are likely to affect major currency pairs.
Which event do you think will have the biggest impact?
๐ฅCanada trade balance
๐คฉUS interest rate decision
๐UK interest rate decision
๐8โค3๐คฉ3๐ฅ1
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๐ On Wednesday, May 7 at 6:00 pm UTC, the Federal Reserve will announce its interest rate decision.
This decision impacts the cost of borrowing in the US and influences currency markets. A rate hike strengthens the dollar, while a rate cut weakens it. If thereโs no change, market reactions will depend on the Federal Reserveโs commentary.
Hereโs how the market could respond:
๐ Rate hike โ EUR/USD rises.
๐ Rate cut โ EUR/USD falls.
The interest rate:
Forecasted: 4.50%
Previous: 4.50%
Last month, the Federal Reserve kept the rate at 4.50%. EUR/USD rose in the first 5 minutes after the announcement.
How to trade on Olymptrade:
Use a Pending Order in FT mode at 6:00 pm UTC.
Whatโs your take this time?
๐ โ EUR/USD will rise
๐ โ EUR/USD will drop
This decision impacts the cost of borrowing in the US and influences currency markets. A rate hike strengthens the dollar, while a rate cut weakens it. If thereโs no change, market reactions will depend on the Federal Reserveโs commentary.
Hereโs how the market could respond:
๐ Rate hike โ EUR/USD rises.
๐ Rate cut โ EUR/USD falls.
The interest rate:
Forecasted: 4.50%
Previous: 4.50%
Last month, the Federal Reserve kept the rate at 4.50%. EUR/USD rose in the first 5 minutes after the announcement.
How to trade on Olymptrade:
Use a Pending Order in FT mode at 6:00 pm UTC.
Whatโs your take this time?
๐ โ EUR/USD will rise
๐ โ EUR/USD will drop
๐8๐2โค1
Netflixโs stock saw a 15% increase in April, becoming the asset of the month ๐
Reasons for the growth:
๐ Netflix reported strong financial results, leading to higher investor confidence.
๐ฌ The company keeps developing popular shows and movies, maintaining its leading position in the streaming market.
๐ค Netflix signed new exclusive contracts with major studios, expanding its content library.
Whatโs next:
If Netflixโs successful projects continue and subscriber growth remains high, the stock could keep on rising.
How to profit:
Netflix stocks show great volatility, with daily price fluctuations of 6% to 7%, providing excellent opportunities for short-term trades.
Whatโs your forecast for Netflix?
๐ โ I think more growth is ahead
๐ โ A downturn is possible
Reasons for the growth:
๐ Netflix reported strong financial results, leading to higher investor confidence.
๐ฌ The company keeps developing popular shows and movies, maintaining its leading position in the streaming market.
๐ค Netflix signed new exclusive contracts with major studios, expanding its content library.
Whatโs next:
If Netflixโs successful projects continue and subscriber growth remains high, the stock could keep on rising.
How to profit:
Netflix stocks show great volatility, with daily price fluctuations of 6% to 7%, providing excellent opportunities for short-term trades.
Example trade on Olymptrade:
- Deposit: $100
- Trade amount: $30
- Leverage: 20x
For example, a 3% price increase with 20x leverage could result in a 60% profit from the trade amount: $30 ร 3% ร 20 = $18 (+60% profit)
Whatโs your forecast for Netflix?
๐ โ I think more growth is ahead
๐ โ A downturn is possible
๐7โค1๐1
Services, like iCloud and Apple Music, generate more revenue for Apple than iPhones.
Anonymous Quiz
68%
True
32%
False
๐6๐4๐คฉ2
Looking to boost your profit potential without investing extra capital? A multiplier, when used responsibly, can be a game changer.
๐ฆพ How it works
The multiplier increases your trade size by a set factor, like 10x, 20x or 50x.
Tips
โ๏ธShort-term traders might use higher multipliers (like 50x or 100x) to capitalize on quick market movements.
โ๏ธ Long-term traders often prefer lower multipliers (like 10x) to keep their risk in check.
๐ก Risk management
โ Always set a Stop Loss
โ Never risk more than 2% to 5% of your capital per trade
โ Avoid risking too much capital on high-multiplier trades
How do you use a multiplier?
โค๏ธ Itโs a game-changer for me
๐ I prefer low-risk multipliers
๐ฅ I avoid it
Ready to boost your trade?
๐ฆพ How it works
The multiplier increases your trade size by a set factor, like 10x, 20x or 50x.
๐ธExample:
You open a $10 buy trade using a 10x multiplier. If the price moves 5% in your favor, your profit increases to $5 ($0.50 ร 10).
โ ๏ธ If the price moves against you, your loss will increase proportionally with the multiplier.
Tips
โ๏ธShort-term traders might use higher multipliers (like 50x or 100x) to capitalize on quick market movements.
โ๏ธ Long-term traders often prefer lower multipliers (like 10x) to keep their risk in check.
๐ก Risk management
โ Always set a Stop Loss
โ Never risk more than 2% to 5% of your capital per trade
โ Avoid risking too much capital on high-multiplier trades
How do you use a multiplier?
โค๏ธ Itโs a game-changer for me
๐ I prefer low-risk multipliers
๐ฅ I avoid it
Ready to boost your trade?
๐9โค7๐ฅ4
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๐ Today, May 13 at 12:30 pm UTC, the US Core CPI will be released. Core CPI measures changes in the price of goods and services, excluding food and energy. Itโs a key indicator of inflation in the US that can directly impact the US dollar.
Core CPI data:
Previous: 2.4%
Forecasted: 2.5%
How the market could react:
๐ผ CPI below expectations โ EUR/USD rises.
๐ฝ CPI above expectations โ EUR/USD falls.
๐ Last month, the core CPI was lower than expected, and EUR/USD rose in the first 5 minutes.
๐ก Why this reaction?
Traders saw the lower US core CPI as a sign of slowing inflation, which reduces the likelihood of an interest rate hike, weakening the dollar.
โก How to trade on EUR/USD on Olymptrade:
1. Open FT mode on the day of the report.
2. Select EUR/USD.
3. Set the trade amount and time (3 to 5 minutes).
4. Use a pending order to open the trade automatically.
5. Make your forecast!
Whatโs your take this time?
๐ โ EUR/USD will rise
๐ โ EUR/USD will fall
Core CPI data:
Previous: 2.4%
Forecasted: 2.5%
How the market could react:
๐ผ CPI below expectations โ EUR/USD rises.
๐ฝ CPI above expectations โ EUR/USD falls.
๐ Last month, the core CPI was lower than expected, and EUR/USD rose in the first 5 minutes.
๐ก Why this reaction?
Traders saw the lower US core CPI as a sign of slowing inflation, which reduces the likelihood of an interest rate hike, weakening the dollar.
โก How to trade on EUR/USD on Olymptrade:
1. Open FT mode on the day of the report.
2. Select EUR/USD.
3. Set the trade amount and time (3 to 5 minutes).
4. Use a pending order to open the trade automatically.
5. Make your forecast!
Whatโs your take this time?
๐ โ EUR/USD will rise
๐ โ EUR/USD will fall
๐11โค2
Confidence is key in trading, but overconfidence is a one-way ticket to a rude awakening.
Youโre overconfident if you think:
๐ญ โI canโt lose โ this is my lucky day.โ
๐ญ โI know where the marketโs going.โ
๐ญ โI deserve this win!"
๐ญ โThese successful trades are a sign that Iโm due for a big win.โ
Signs youโre riding the overconfidence wave:
๐จ You start risking more than you should.
๐จ You donโt set a Stop Loss because you think the market will follow your forecast.
๐จ You ignore your strategy.
How to avoid it:
1๏ธโฃ Remember that any trade can take an unexpected turn.
2๏ธโฃ Trade within the limits youโve set.
3๏ธโฃ After multiple wins, step back to ensure excitement doesnโt drive your next decision.
How do you feel after a few successful trades?
๐ฅ โ Itโs hard to stay calm
โค๏ธ โ I stick to my strategy
๐คฉ โ I donโt know yet
Example:
After 4 successful FT trades, a trader increases their position size from 2% to 10%. Then the market reverses, wiping out their profit.
Youโre overconfident if you think:
๐ญ โI canโt lose โ this is my lucky day.โ
๐ญ โI know where the marketโs going.โ
๐ญ โI deserve this win!"
๐ญ โThese successful trades are a sign that Iโm due for a big win.โ
Signs youโre riding the overconfidence wave:
๐จ You start risking more than you should.
๐จ You donโt set a Stop Loss because you think the market will follow your forecast.
๐จ You ignore your strategy.
How to avoid it:
1๏ธโฃ Remember that any trade can take an unexpected turn.
2๏ธโฃ Trade within the limits youโve set.
3๏ธโฃ After multiple wins, step back to ensure excitement doesnโt drive your next decision.
How do you feel after a few successful trades?
๐ฅ โ Itโs hard to stay calm
โค๏ธ โ I stick to my strategy
๐คฉ โ I donโt know yet
โค9๐5๐ฅ4๐1๐ฏ1
From April 28 to May 2, Microsoftโs shareperice surged by 11% ๐
Reasons for the growth:
๐ฐ Microsoftโs Q3 earnings report showed $70.07 billion in revenue and $25.8 billion in net income, exceeding analyst expectations.
โ๏ธ Azureโs growth has resulted in a 35% revenue increase, driven by demand for AI-powered solutions.
๐ค Microsoft is actively integrating AI products like Copilot in Microsoft 365 and new cloud features, attracting investors who believe in the potential of AI.
How to profit from this volatility:
๐ต Microsoft shares show daily fluctuations of 2% to 4%. This provides excellent opportunities for both intraday and intraweek trading, especially after important news releases.
Whatโs your forecast for Microsoft this week?
๐ โ The price will rise
๐ โ The price will fall
Reasons for the growth:
โ๏ธ Azureโs growth has resulted in a 35% revenue increase, driven by demand for AI-powered solutions.
๐ค Microsoft is actively integrating AI products like Copilot in Microsoft 365 and new cloud features, attracting investors who believe in the potential of AI.
How to profit from this volatility:
Example trade on๐ ๐ ๐ ๐ :
Deposit: $200
Trade amount: $50
Leverage: 20x
If the price moves by 3% and your forecast is correct, your potential profit will be 60% of the trade amount: $50 ร 3% ร 20 = $30 (+60%) profit.
Whatโs your forecast for Microsoft this week?
๐ โ The price will rise
๐ โ The price will fall
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