🔔 On May 22 at 6:00 am UTC, the UK will publish its consumer price index (CPI). The indicator tracks price changes in goods and services, reflecting inflation or deflation in the economy and affecting monetary policy decisions.
Here’s what to expect:
🔼 Data above 3.2% may drive GBP/USD up.
🔽 Data below 3.2% may drive GBP/USD down.
Last month, the currency pair saw a 225-point rise within 5 minutes after the CPI’s release. This increase gave traders an opportunity to earn a profit of up to 125% of the trade amount with a 500x multiplier in FX mode.
Will history repeat itself?
React with:
👍 if you think GBP/USD will go up.
👎 if you think GBP/USD will go down.
Here’s what to expect:
🔼 Data above 3.2% may drive GBP/USD up.
🔽 Data below 3.2% may drive GBP/USD down.
Last month, the currency pair saw a 225-point rise within 5 minutes after the CPI’s release. This increase gave traders an opportunity to earn a profit of up to 125% of the trade amount with a 500x multiplier in FX mode.
Will history repeat itself?
React with:
👍 if you think GBP/USD will go up.
👎 if you think GBP/USD will go down.
🤓 The risk/reward ratio is a key tool for any trader who wants to maximize returns while controlling risks.
📌 This crucial metric is calculated by dividing the risk (the difference between the entry point and the Stop Loss level) by the reward (the difference between the Take Profit level and the entry point).
📌 For instance, if you entered a trade on gold at 2160.00, with Stop Loss set at 2145.00 and Take Profit set at 2205.00, your risk/reward ratio would be 1:3. This indicates that the potential reward is three times the risk, meaning one successful trade can offset three that don’t work out.
Stay on top of your trading strategy by consistently monitoring your risk/reward ratio.
Have you used this approach in your trading before?
Yes 👍
No 👎
📌 This crucial metric is calculated by dividing the risk (the difference between the entry point and the Stop Loss level) by the reward (the difference between the Take Profit level and the entry point).
📌 For instance, if you entered a trade on gold at 2160.00, with Stop Loss set at 2145.00 and Take Profit set at 2205.00, your risk/reward ratio would be 1:3. This indicates that the potential reward is three times the risk, meaning one successful trade can offset three that don’t work out.
Stay on top of your trading strategy by consistently monitoring your risk/reward ratio.
Have you used this approach in your trading before?
Yes 👍
No 👎
The e-commerce giant reported mixed financial results for their latest quarter, with revenues surpassing analyst expectations yet still falling short of previous figures. The company's EPS was also lower than expected. Alibaba's shares saw a 7% drop following the earnings report.
📉 Factors behind the decline
Alibaba's financial results disappointed investors, leading to a sell-off. With ongoing concerns about China's economic slowdown and potential regulatory pressures, there is a growing trend toward selling.
🔎 Why trade on Alibaba now?
Given the current economic and regulatory uncertainties, there's an opportunity for significant trading gains. A 1% price change could translate into a 20% profit using x20 leverage in FX mode. Potentially, the share price could could dip to $75.
Do you think Alibaba's shares will drop to $75 this month?
👍 100% yes
👎 No chance
📉 Factors behind the decline
Alibaba's financial results disappointed investors, leading to a sell-off. With ongoing concerns about China's economic slowdown and potential regulatory pressures, there is a growing trend toward selling.
🔎 Why trade on Alibaba now?
Given the current economic and regulatory uncertainties, there's an opportunity for significant trading gains. A 1% price change could translate into a 20% profit using x20 leverage in FX mode. Potentially, the share price could could dip to $75.
Do you think Alibaba's shares will drop to $75 this month?
👍 100% yes
👎 No chance
Gold has been used as a form of currency and store of value for hundreds of years but has no practical applications beyond jewelry and investment.
Anonymous Quiz
78%
True
22%
False
🔔 On May 30 at 12:30 pm UTC, the US will publish its Gross Domestic Product (GDP) for Q1. GDP is a key indicator of economic health. When the GDP is higher than it was in the previous quarter, it generally has a positive impact on the national currency.
Here’s what to expect:
🔼 Data above 1.6% may drive EUR/USD down.
🔽 Data below 1.6% may drive EUR/USD up.
Last quarter, on April 25, 2024, the US GDP caused a 200-point decline for EUR/USD.
What’s your forecast? React with
👍 if you think EUR/USD will go up.
👎 if you think EUR/USD will go down.
Here’s what to expect:
🔼 Data above 1.6% may drive EUR/USD down.
🔽 Data below 1.6% may drive EUR/USD up.
Last quarter, on April 25, 2024, the US GDP caused a 200-point decline for EUR/USD.
What’s your forecast? React with
👍 if you think EUR/USD will go up.
👎 if you think EUR/USD will go down.
📈 Why is Ethereum growing?
After a sharp jump by 20% on Monday, May 20th, Ethereum (ETH) rose another 9% to $3,800 on Tuesday. ETH spiked sharply after rumors that the SEC might approve a spot ETH ETF this week. Since the announcement on May 20, the price has surged from $3,150 to $3,800.
📊 Should you invest in Ethereum?
🟢 Traders are optimistic about buying Ethereum.
🟢 Prometheum, a US-based custodial service for storing ETH, has received a license to operate with ETH as a security and is preparing to launch.
🟢 If Ethereum receives approval from the SEC, the price is likely to rise another 20-30% in the coming months.
💼 How much can you earn on Ethereum?
With a 1% change in the Ethereum price using a 10x multiplier, the potential profit for a trader in FX trading mode can be +10% of the deal amount. Ethereum is expected to reach $4,500.
📈 Do you think ETH will rise to $4,500 within a month? React with
👍 if yes
👎 if no
After a sharp jump by 20% on Monday, May 20th, Ethereum (ETH) rose another 9% to $3,800 on Tuesday. ETH spiked sharply after rumors that the SEC might approve a spot ETH ETF this week. Since the announcement on May 20, the price has surged from $3,150 to $3,800.
📊 Should you invest in Ethereum?
🟢 Traders are optimistic about buying Ethereum.
🟢 Prometheum, a US-based custodial service for storing ETH, has received a license to operate with ETH as a security and is preparing to launch.
🟢 If Ethereum receives approval from the SEC, the price is likely to rise another 20-30% in the coming months.
💼 How much can you earn on Ethereum?
With a 1% change in the Ethereum price using a 10x multiplier, the potential profit for a trader in FX trading mode can be +10% of the deal amount. Ethereum is expected to reach $4,500.
📈 Do you think ETH will rise to $4,500 within a month? React with
👍 if yes
👎 if no
On your trading journey, a strategy is your compass that won’t let you get lost. To build a strategy, follow these steps.
1️⃣ Pick an asset
Start with something you’re interested in, like AUD/USD if you’re into currencies and trends.
2️⃣ Spot the market phase
Is your asset trending? For AUD/USD, consider following the trend direction.
3️⃣ Calculate the trade amount
Never risk more than 1–5% of your account balance on a single trade.
4️⃣ Plan your entry and exit
Use indicators and signals to find the right moment. For instance, in the Average Intersection strategy:
- Jump in when the SMA 4 crosses above the SMA 60 and the Parabolic SAR is below the candlesticks.
- Close the trade when the Parabolic SAR dots shift above the candlesticks.
5️⃣ Manage risks
Set Stop Loss and Take Profit to manage your risk and lock in your gains.
6️⃣ Practice first
Test your strategy on a demo account to make sure it works.
Do you stick to the rules or follow intuition in trading?
👍 Rules
🤔 Intuition
1️⃣ Pick an asset
Start with something you’re interested in, like AUD/USD if you’re into currencies and trends.
2️⃣ Spot the market phase
Is your asset trending? For AUD/USD, consider following the trend direction.
3️⃣ Calculate the trade amount
Never risk more than 1–5% of your account balance on a single trade.
4️⃣ Plan your entry and exit
Use indicators and signals to find the right moment. For instance, in the Average Intersection strategy:
- Jump in when the SMA 4 crosses above the SMA 60 and the Parabolic SAR is below the candlesticks.
- Close the trade when the Parabolic SAR dots shift above the candlesticks.
5️⃣ Manage risks
Set Stop Loss and Take Profit to manage your risk and lock in your gains.
6️⃣ Practice first
Test your strategy on a demo account to make sure it works.
Do you stick to the rules or follow intuition in trading?
👍 Rules
🤔 Intuition
Have you ever felt confused by dozens of conflicting answers to your trading questions?
Gaspar, our seasoned expert, is here to clarify things for you. He has compiled the most asked questions on Google into a single video, offering clear, experience-based answers.
Streamline your learning curve with trusted advice!
Watch the video → https://www.youtube.com/watch?v=8vcf_8H2teY&ab_channel=OlympTradeGlobal
Gaspar, our seasoned expert, is here to clarify things for you. He has compiled the most asked questions on Google into a single video, offering clear, experience-based answers.
Streamline your learning curve with trusted advice!
Watch the video → https://www.youtube.com/watch?v=8vcf_8H2teY&ab_channel=OlympTradeGlobal
YouTube
Our expert comments on traders’ top Google searches | Olymp Trade
In his new video Gaspar, our expert, guides you through the most frequent Google searches related to online trading.
Here’s what he covers:
0:00 – Intro
0:22 – How to start online trading
00:35 – How does online trading work, and how can you make a profit…
Here’s what he covers:
0:00 – Intro
0:22 – How to start online trading
00:35 – How does online trading work, and how can you make a profit…
🔔 On June 6 at 12:15 pm UTC, the European Central Bank will announce its interest rate decision. This is a key indicator of inflation and economic growth that is crucial for price stability.
Here’s how EUR/USD could respond:
🔼 Data above 4.5% may drive EUR/USD up.
🔽 Data below 4.5% may drive EUR/USD down.
What’s your forecast?
React with 👍 if you think EUR/USD will go up.
React with 👎 if you think EUR/USD will go down.
Here’s how EUR/USD could respond:
🔼 Data above 4.5% may drive EUR/USD up.
🔽 Data below 4.5% may drive EUR/USD down.
What’s your forecast?
React with 👍 if you think EUR/USD will go up.
React with 👎 if you think EUR/USD will go down.
The Moving averages crossover/RSI strategy has your back amidst wild price swings. Here’s what you need to know.
✅ Setting up
1. Pick FTT and a volatile asset (like the Composite Index).
2. Apply the fast EMA 10 and the slow SMA 50.
3. Add RSI with the default period of 14.
4. Opt for 5 to 15 minute timeframes.
🔼 Opening an Up trade
– The EMA 10 exceeds the SMA 50.
– Confirm the trend/signal with RSI 14 if its signal line moves upwards above 50.
🔽 Opening a Down trade
– The EMA 10 crosses below the SMA 50.
– Confirm the trend/signal with RSI 14 if its signal line moves downwards below the 50 level.
💰 Closing a trade
Choose an expiration time at least 2 to 3 times the timeframe of your chart (so for a 5m chart, choose an expiration of 15 to 30 minutes).
❗ With its focus on short- to medium-term price movements, this strategy is perfect for FTT. Use it to maximize earnings on 5, 10 and 15-minute timeframes.
Have you used this strategy before? React with:
👍 if yes
👎 if no
✅ Setting up
1. Pick FTT and a volatile asset (like the Composite Index).
2. Apply the fast EMA 10 and the slow SMA 50.
3. Add RSI with the default period of 14.
4. Opt for 5 to 15 minute timeframes.
🔼 Opening an Up trade
– The EMA 10 exceeds the SMA 50.
– Confirm the trend/signal with RSI 14 if its signal line moves upwards above 50.
🔽 Opening a Down trade
– The EMA 10 crosses below the SMA 50.
– Confirm the trend/signal with RSI 14 if its signal line moves downwards below the 50 level.
💰 Closing a trade
Choose an expiration time at least 2 to 3 times the timeframe of your chart (so for a 5m chart, choose an expiration of 15 to 30 minutes).
❗ With its focus on short- to medium-term price movements, this strategy is perfect for FTT. Use it to maximize earnings on 5, 10 and 15-minute timeframes.
Have you used this strategy before? React with:
👍 if yes
👎 if no
🚀 The semiconductor industry giant NVIDIA got into spotlight, sending its stock price soaring by 10% in a single day after a 10-to-1 stock split announcement. The split is scheduled for June 7.
This move aims to attract more retail investors and may pave the way for NVIDIA's inclusion in the Dow Jones Industrial Average index.
📈 Price impact
Since the announcement on May 23, NVIDIA's stock has spiked 12%, rising from $950 to $1060. Since the start of 2024, its shares have more than doubled in value.
💡 Trading insights
- Traders are eagerly investing in NVIDIA as the stock split is expected to make shares more accessible, potentially driving prices even higher.
- Trade on NVIDIA in the Forex mode with a x20 multiplier. A 1% increase in stock price can yield a 20% profit based on the transaction amount.
🔮 Do you think NVIDIA’s stock will rise by 20% in June? Vote with:
- 👍 if you think it will.
- 👎 if you doubt that.
This move aims to attract more retail investors and may pave the way for NVIDIA's inclusion in the Dow Jones Industrial Average index.
📈 Price impact
Since the announcement on May 23, NVIDIA's stock has spiked 12%, rising from $950 to $1060. Since the start of 2024, its shares have more than doubled in value.
💡 Trading insights
- Traders are eagerly investing in NVIDIA as the stock split is expected to make shares more accessible, potentially driving prices even higher.
- Trade on NVIDIA in the Forex mode with a x20 multiplier. A 1% increase in stock price can yield a 20% profit based on the transaction amount.
🔮 Do you think NVIDIA’s stock will rise by 20% in June? Vote with:
- 👍 if you think it will.
- 👎 if you doubt that.
🔔 On June 12 at 12:30 pm UTC, the US Bureau of Labor Statistics will release the Consumer Price Index (CPI).
The CPI measures changes in the price of goods and services. It’s a key indicator of changes in purchasing trends and inflation in the US.
Here’s what to expect:
🔼 Data above 3.4% may drive EUR/USD down.
🔽 Data below 3.4% may drive EUR/USD up.
Last month, the CPI was lower than the forecast, resulting in a 415-point rise for EUR/USD.
Potential profit from a correct forecast:
In FTT mode: 82% (within 5 minutes)
In FX mode: 166% (with a 500x multiplier applied)
What’s your forecast? React with:
👍 if you think EUR/USD will go up.
👎 if you think EUR/USD will go down.
The CPI measures changes in the price of goods and services. It’s a key indicator of changes in purchasing trends and inflation in the US.
Here’s what to expect:
🔼 Data above 3.4% may drive EUR/USD down.
🔽 Data below 3.4% may drive EUR/USD up.
Last month, the CPI was lower than the forecast, resulting in a 415-point rise for EUR/USD.
Potential profit from a correct forecast:
In FTT mode: 82% (within 5 minutes)
In FX mode: 166% (with a 500x multiplier applied)
What’s your forecast? React with:
👍 if you think EUR/USD will go up.
👎 if you think EUR/USD will go down.
📈 Why is Starbucks growing?
Gryphon Financial Partners LLC increased its stake in Starbucks Co. (NASDAQ) by 96.3% in Q4, according to its latest SEC filing. By the end of the last quarter, the investor’s holdings in Starbucks were worth $508,000.
Since the announcement on June 2, Starbuck’s stock price has risen by 4.7% from $79.70 to $83.40. In the last 30 days, it has increased by 13%.
📊 Why invest now?
📌Traders are continuing to invest in Starbucks. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $96.43.
📌Other major investors have also boosted their stakes in the company.
📈 Potential profit from growth
There is still a growth potential of +15%. To profit, you can open Up trades on Olymp Trade in Stocks of FX mode using 1x, 10x, or 20x multipliers.
In Stocks mode, the profit/loss ratio is 1:1, where a 1% price change yields a 1% profit/loss in the trade amount.
Will Starbucks stock rise by 20% in June?
👍 Yes
🤔 Not sure
Gryphon Financial Partners LLC increased its stake in Starbucks Co. (NASDAQ) by 96.3% in Q4, according to its latest SEC filing. By the end of the last quarter, the investor’s holdings in Starbucks were worth $508,000.
Since the announcement on June 2, Starbuck’s stock price has risen by 4.7% from $79.70 to $83.40. In the last 30 days, it has increased by 13%.
📊 Why invest now?
📌Traders are continuing to invest in Starbucks. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $96.43.
📌Other major investors have also boosted their stakes in the company.
📈 Potential profit from growth
There is still a growth potential of +15%. To profit, you can open Up trades on Olymp Trade in Stocks of FX mode using 1x, 10x, or 20x multipliers.
In Stocks mode, the profit/loss ratio is 1:1, where a 1% price change yields a 1% profit/loss in the trade amount.
Will Starbucks stock rise by 20% in June?
👍 Yes
🤔 Not sure
Having trouble assessing the profit potential of a currency pair? Calculating its interest rate differential (IRD) could be the key.
🧮 How to calculate IRD
Simply subtract the quote currency’s interest rate from the base currency’s interest rate.
How IRD helps predict price movements:
📈 A positive IRD suggests the currency pair may go up.
📉 A negative IRD suggests the currency pair may go down.
📍 Example: AUD/USD
Australia’s interest rate: 3.6%
US interest rate: 5.375%
IRD: -1.775% (3.6% – 5.375%)
Forecast: The negative IRD here indicates that USD might strengthen against AUD, as investors might sell AUD to hold USD for the higher interest returns.
Calculating IRD is a simple way to understand market dynamics better and make informed trading decisions.
❤️ React if this info was useful.
🧮 How to calculate IRD
Simply subtract the quote currency’s interest rate from the base currency’s interest rate.
How IRD helps predict price movements:
📈 A positive IRD suggests the currency pair may go up.
📉 A negative IRD suggests the currency pair may go down.
📍 Example: AUD/USD
Australia’s interest rate: 3.6%
US interest rate: 5.375%
IRD: -1.775% (3.6% – 5.375%)
Forecast: The negative IRD here indicates that USD might strengthen against AUD, as investors might sell AUD to hold USD for the higher interest returns.
Calculating IRD is a simple way to understand market dynamics better and make informed trading decisions.
❤️ React if this info was useful.