🔥 Alex, our expert, has just released a new video where he breaks down the basics of trading. 

This guide will help you avoid common mistakes, choose the right assets, understand price movements, and more.

Find out how to make informed decisions instead of relying on guesswork 💡

▶️ Watch the new video here → https://www.youtube.com/watch?v=KR6aY7tnO6M&ab_channel=OlympTradeGlobal

Like if you can relate 💚

📅 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?
🔥Australia Interest Rate Decision
🤩UK CPI
👍US Manufacturing PMI

🔔 On June 20 at 11:00 AM UTC, the Bank of England will announce its interest rate decision. This is an important indicator of the country’s economic performance.

Here’s how the market could respond:

🔼 Data above 5.25% may drive GBP/USD up.
🔽 Data below 5.25% may drive GBP/USD down.

What’s your forecast?

React with 👍 if you think GBP/USD will go up.
React with 👎 if you think GBP/USD will go down.

🌟 Accelerate your trading success with these tips for avoiding common mistakes.

1️⃣ Emotional trading
Avoid trading based on excitement or fear.
Tip: Stick to a strategy with precise entry and exit rules.
Example: Don’t close your EUR/USD trade the minute it drops down — wait for your Stop Loss to be reached.

2️⃣ Overtrading
Trading nonstop can cloud your judgment, leading to burnout and losses.
Tip: Set a daily trade limit to focus on quality over quantity.
Example: Opening up to 10 trades per day ensures better decision making.

3️⃣ Ignoring risk management
Large trade amounts are risky.
Tip: Never invest more than 10% of your trading account balance on a single trade.
Example: Opt for a fixed sum like $5, or a percentage like 5% of your funds.

4️⃣ Chasing the market
You can’t forecast every market movement.
Tip: Let the market confirm your strategy’s signals.
Example: When an asset price spikes, don’t jump in head-first. Wait for it to stabilize.

Have you had any of these issues?

👎 Yes
😎 No

Last week, all eyes were on Apple’s rising stock price.

📈 Factors behind the growth
Apple announced a collaboration with OpenAI, integrating the ChatGPT chatbot into its products to enhance what its devices can do.

🚀 Price movements
- Year-to-date increase: 2.9%
- Last month’s increase: 8.2%

🔮 Trading insights
Traders remain bullish, actively buying Apple stock. The tech giant’s integration of cutting-edge technologies is expected to further boost both demand and Apple’s revenue.

Trade on Apple via Olymp Trade in Stocks or Forex mode with a 1x, 10x or 20x multiplier to join the party.

💹 Earning potential
Current monthly growth potential: 5% to 7%.

- In Stocks mode, a 1% price change can result in a 1% profit.
- In Forex mode, a 1% price change with a 20x multiplier can result in a 20% profit.

💭 Do you think Apple’s stock price will gain 10% next month?

👍 — if you think it will
👎 — if you doubt it

💡 Challenge time! Think your vision’s sharp?

🧐 Count all the triangles in the picture and react with the right emoji.

❤️ 28
👍 24
🤔 I lost count

📅 Stay informed about the week’s economic highlights with our updated calendar.
It’ll help you prepare for potential market shifts caused by data releases.

Ready to advance your trading?
👍 I’m all in!
👎 Not sure yet

🔔 On June 27 at 12:30 PM UTC, the US will report its Q1 2024 GDP. This is a key indicator of the country’s economic health that affects the national currency value.

Here’s how the market could respond:

🔼 Data below 1.3% may drive EUR/USD up.
🔽 Data above 1.3% may drive EUR/USD down.

Last month, when the US GDP data exceeded expectations, the pair reacted with a 108-point drop in 5 minutes. This decrease allowed traders to earn a 65% profit on their trade amount using a 500x multiplier in FX mode.

What’s your forecast?

React with 👍 if you think EUR/USD will go up.
React with 👎 if you think EUR/USD will go down.

📈 Factors behind the growth
On June 11, Oracle America released its fiscal Q4 2024 earnings report. Despite falling short of some forecasts, the company’s financials have generally improved since the previous quarter and Q4 2023.

🚀 Price movements
Year-to-date increase: 34%
Increase in the last 30 days: 14.4%
Increase on the day of the report: 13.3%

🔮 Trading insights
Traders continue to be bullish, encouraged by the company’s record-breaking sales contracts and growing demand for training large language-AI models within the Oracle Cloud infrastructure 💭

Trade Oracle on Olymp Trade in Stocks or Forex mode to capitalize on the trend.

💰 Current monthly growth potential: 5%

- In Stocks mode, a 1% price change can result in a 1% profit.
- In Forex mode, a 1% price change with a 20x multiplier can result in a 20% profit.

Do you think Oracle’s stock price will reach $175 next month?

👍 Definitely!
👎 That’s too optimistic.

⏳ Worried about deposit and withdrawal delays? We’re here to clear things up!

In our new video, Gaspar sheds light on some of the common transaction issues.

📹 Watch it now on YouTube → https://www.youtube.com/watch?v=ksOHxTZccnE&ab_channel=OlympTradeGlobal

Maybe those pesky dementors will finally leave my Brent alone 🤔

📅 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?
🔥US ISM Manufacturing PMI
🤩Eurozone CPI
👍US Nonfarm Payrolls

On July 5 at 12:30 pm UTC, the US will publish its Nonfarm Payrolls report. This is a crucial economical indicator based on employment outside of the agricultural sector.

Here’s how the market could respond:

🔼 Data below 229,000 may drive EUR/USD up.
🔽 Data above 190,000 may drive EUR/USD down.

When the Nonfarm Payrolls data exceeded expectations last month, the EUR/USD pair reacted with a 600-point decrease.

This decline allowed traders to earn up to a 240% profit using a 500x multiplier in FX mode.

What’s your forecast?

React with 👍 if you think EUR/USD will rise.
React with 👎 if you think EUR/USD will drop.

Ready to open your first trade?

1️⃣ Choose your asset
It’s best to start with popular assets, like major currency pairs or well-known stocks.
💡 Review the asset’s description and the latest news about it on the platform.

2️⃣ Set up an FTT trade
Consider the recent news and apply technical indicators to figure out how the price is likely to move within a certain period. Then, set up your trade based on this analysis.
📌 Example: Positive Eurozone economic data suggests an increase for EUR/USD. Open an Up trade in FTT, setting the duration for 5 minutes and the amount to $10.
💡 Make sure to double-check the trade settings.

3️⃣ Analyze your results
Note which market factors influenced your trade’s outcome and use this insight to improve your decision-making.
📌 Example: If your EUR/USD trade was successful, analyze how the economic data affected your performance.

Which asset would you choose for your first trade?

👍 EUR/USD
🔥 Apple
❤️ BTC
🤩 Other

Bitcoin claimed the spotlight with an 18% drop this month, reflecting the doubts about the Fed’s ability to mitigate interest rates that are at a 23-year high. That said, the superstar of the crypto world is showing a 45% gain year-to-date.

Trading outlook

Bitcoin is currently in a prolonged sideways trend. Technical analysis reveals the Double Bottom pattern, suggesting a potential rise to $70,000 in the coming weeks, targeting the $70,000-$72,000 liquidity pool. Significant growth is anticipated in Q3 and Q4 of 2024.

Earning potential

Monthly price fluctuations of about 15% signal potential profit opportunities. With a 10x multiplier in the Forex mode, a 1% change in price could mean a 10% gain.

Do you think BTC will hit $70,000 again this month?

👍 — if you think it will
👎 — if you doubt that