Earnings season is once again rolling in. Itโ€™s that time of the year when companies report their financial performance, setting the tone for the market.

This week, keep an eye on these earnings reports:

๐Ÿ“Œ Goldman Sachs
๐Ÿ“Œ Morgan Stanley
๐Ÿ“Œ Johnson & Johnson
๐Ÿ“Œ IBM
๐Ÿ“Œ Netflix
๐Ÿ“Œ Procter & Gamble

Which company do you think will post the highest profits? Vote with an emoji:

โค๏ธ Goldman Sachs
๐Ÿ‘ Morgan Stanley
๐Ÿ”ฅ Johnson & Johnson
๐Ÿคฉ Netflix
๐Ÿ˜ Other
On April 17 at 9:00 am UTC, the Eurozone will release its Consumer Price Index (CPI) โ€” an inflation indicator used to calculate the cost of living.

Hereโ€™s how it may affect the market:

๐Ÿ”ผ Data above 2.6% may drive EUR/USD up.
๐Ÿ”ฝ Data below 2.6% may drive EUR/USD down.

Whatโ€™s your forecast?

๐Ÿ‘ EUR/USD will go up.
๐Ÿ‘Ž EUR/USD will go down.
โš–๏ธ Calculating your trading budget is about finding the balance between investing enough to see returns and managing your risks.

Hereโ€™s my guide for FTT traders:

1๏ธโƒฃ Figure out how much profit youโ€™d like to make per trade. Be realistic!
2๏ธโƒฃ Determine what percentage of your account balance youโ€™re willing to risk on one trade. Itโ€™s best to keep it between 1โ€“5%.
3๏ธโƒฃ Use this formula:

Desired profit / Profitability = Trade amount
Trade amount / Risk percentage = Optimal account balance

This formula helps you understand what investment best aligns with your trading plan ๐Ÿ’ฐ

๐Ÿงฎ Example:

Desired profit: $10
Profitability: 80%
Trade amount: $10 / 0.80 = $12.5

If youโ€™re okay with risking 5% of your balance per trade, your optimal account balance should be:
$12.5 / 0.05 = $250

๐Ÿ”„ Adjust your desired profit or risk percentage until you find the right balance for you.

What trading budget did you start with? Vote with a reaction:

๐Ÿ”ฅ $50โ€“150
โค๏ธ $150โ€“300
๐Ÿ‘ $300โ€“500
๐Ÿคฉ $500+
๐Ÿ”ฅ In the first week of April, the cryptocurrency EOS showed remarkable growth, reaffirming its position as a high-performance platform for decentralized applications.

Whatโ€™s behind the trend

โš™๏ธ The EOS platform has massively improved scalability, security and overall performance with the launch of the EOSIO 5.0 blockchain. Now, it accommodates millions of commission-free transactions every second.

๐Ÿ’ฐ EOS has raised $4.15 billion on a record-breaking ICO and secured support from key market players.

๐ŸŽฉ The EOS token is widely present on major exchanges and enjoys stability backed by high market capitalization.

Why invest now

๐Ÿ“ˆ The number of dApps hosted on the EOS platform is steadily increasing, showing potential for further growth.

Will you consider trading EOS?

โค๏ธ Yes
๐Ÿ‘ No
๐Ÿค” Maybe
๐Ÿ”ฅ As the Bitcoin halving approaches, seize the opportunity to boost your trading.
Join the 68,000+ users trading on the Crypto Composite Index with over 85% profitability.

๐Ÿ“Œ The Crypto Composite Index aggregates leading cryptocurrencies by market capitalization, including BTC, ETH, USDT, BNB, SOL, XRP, USDC, ADA, AVAX and DOGE.
The index offers 24/7 trading on the crypto marketโ€™s dynamic movements.

Have you traded on this index before? React with

๐Ÿ”ฅ if yes
โค๏ธ if no
Did switching to live trading feel like this for you? ๐Ÿ˜Ž

Give us a โค๏ธ if you can relate.
Last week, the financial markets saw significant drops across various sectors, offering savvy traders excellent profit opportunities. Letโ€™s explore some of the major movements.

๐Ÿš˜ Tesla stock price decreased by 8.7% on the news of planned workforce reductions aimed at cost optimization, according to Elon Musk.

๐Ÿ’ธ AUD/USD declined by 3.1% due to concerns about persistently high US interest rates. Additionally, growing tensions in the Middle East are boosting the demand for the US dollar as a safe-haven currency.

๐Ÿ”— Uniswap plummeted by 35.7% after its parent exchange received a warning from the SEC about a possible lawsuit.

Which of these assets do you think will reverse soon? Cast your vote:
๐Ÿ‘ Tesla
๐Ÿ”ฅ AUD/USD
โค๏ธ Uniswap
Being informed about key economic events is vital for trading on the news.

๐Ÿ“… Our calendar offers a snapshot of the weekโ€™s most important market shakers.

Do you plan to trade on any of these releases?
Yes ๐Ÿ‘
No ๐Ÿ”ฅ
๐Ÿ“ƒ The earnings season continues, offering us more insights into the financial health of leading corporations.

For traders, this data is essential, as it directly impacts stock prices, often creating profit opportunities ๐Ÿ’ฐ

Who will top the profit charts this week? Vote with an emoji:

โค๏ธ Tesla
๐Ÿ‘ Meta
๐Ÿ”ฅ Google
๐Ÿคฉ Amazon
๐Ÿ˜ Other
๐Ÿ”” On April 25 at 12:30 pm UTC, the US will publish preliminary GDP data for Q1. This GDP figure is a primary indicator of economic health.

A higher GDP relative to the previous period generally has a positive impact on the national currency.

Hereโ€™s what to expect:

๐Ÿ”ผ Data above 3.4% may drive EUR/USD down.
๐Ÿ”ฝ Data below 3.4% may drive EUR/USD up.

Last time, the EUR/USD pair responded with a 34-point rise.

Whatโ€™s your forecast? React with

๐Ÿ‘ if you think EUR/USD will go up.
๐Ÿ‘Ž if you think EUR/USD will go down.
๐Ÿ“ˆ Why is gold growing?

Gold reached a record price of $2,431.53 per ounce on Friday, April 12, shortly before Iran executed a drone and missile strike on Israel.

However, the US dollarโ€™s rally has capped the rise in gold prices, as expectations for the US to maintain high interest rates have led to higher Treasury yields.

๐Ÿ“Š Why invest now?

While a strong dollar is tempering the gains, goldโ€™s safe haven appeal remains. Itโ€™s further supported by central banksโ€™ purchases of gold last year, especially in emerging markets, amid growing concerns about a global economic slowdown in 2024.

The price now stands at $2,350 and has the potential to hit $2,500.
Do you think gold will continue its rise?

๐Ÿ‘ Definitely
๐Ÿ‘Ž Not sure
Worn out from making tough trading decisions? Take a break with a fun puzzle!
Which company gets the trophy? ๐Ÿ†

React with
โค๏ธ for Tesla
๐Ÿ‘ for BMW
๐Ÿ”ฅ for NVIDIA
Discover the prime hours for EUR/USD trading.

๐Ÿ•’ Check out our chart to see the top times for price action, represented in points. A point is the smallest price move in a currency pair, and for EUR/USD, itโ€™s 0.00001.

๐Ÿ“ˆ Statistically, those peak hours align with the European and US sessions or major economic news releases.

๐ŸŽ“ Knowledge is power! Now you can trade smarter and target the hours with the greatest profit potential.

Does your trading schedule align with the periods of peak EUR/USD activity?

๐Ÿ‘ Yes
๐Ÿ‘Ž No
๐Ÿ”Ž Whatโ€™s the difference between FX and FTT?
๐Ÿ”Ž Can you trade in the Stocks mode without owning any shares?
๐Ÿ”Ž What are the key risks and benefits of each trading mechanic?

In their new video, Gaspar and Alex provide a brief overview of FTT, FX and Stocks, with straightforward explanations and examples.

๐Ÿงญ Perfect for beginners seeking clarity and direction!

๐Ÿ“น Watch it now โ†’ https://www.youtube.com/watch?v=MYnByYpAdjs&ab_channel=OlympTradeGlobal
React with ๐Ÿ‘ if youโ€™ve been there too.
Last week brought some unexpected turns in various sectors, from entertainment to energy. Letโ€™s unpack the most significant market moves.

๐Ÿ“บ Netflixโ€™s stock dropped 10.1% following news that the company will cease quarterly subscriber counts starting in 2025.
๐Ÿ“Œ This decrease gave traders an opportunity to earn a profit of 202% of the trade amount with a 20x multiplier in FX mode.

๐Ÿ”— Solanaโ€™s price grew 13% amid the Bitcoin halving, which took place on April 20.
๐Ÿ“Œ This increase gave traders an opportunity to earn a profit of 130% of the trade amount with a 10x multiplier in FX mode.

๐Ÿ›ข๏ธ Brentโ€™s price fell 4.2%, with no further escalations in the Middle East and rising oil inventories in the US.
๐Ÿ“Œ This decrease gave traders an opportunity to earn a profit of 210% of the trade amount with a 50x multiplier in FX mode.

Which of these movements surprised you the most? Vote with an emoji:
๐Ÿ‘ Netflix
๐Ÿ”ฅ Solana
โค๏ธ Brent
Being informed about key economic events is vital for trading on the news.

๐Ÿ“… Our calendar offers a snapshot of the weekโ€™s most important market shakers.

Do you plan to trade on any of these releases?
Yes ๐Ÿ‘
No ๐Ÿ”ฅ
๐Ÿ’ธ The third week of the earnings season is underway. Several major corporations from various sectors are set to release their earnings reports.

๐Ÿ’ฐThis data isnโ€™t just numbers โ€” it can be your next big profit opportunity.

Whose report will shine the brightest? Vote with an emoji.

โค๏ธ Apple
๐Ÿ‘ 3M
๐Ÿ”ฅ Coca-Cola
๐Ÿคฉ Mastercard
๐Ÿ˜ Other
๐Ÿ”” On May 3 at 12:30 pm UTC, the US will release its monthly unemployment rate data.
A high rate suggests labor market weakness, whereas a low rate signals strength and is viewed as a positive sign for the US economy, potentially bolstering the US dollar.

Hereโ€™s what to expect:

๐Ÿ”ผ Data above 3.8% may drive EUR/USD up.
๐Ÿ”ฝ Data below 3.8% may drive EUR/USD down.

Last time, the pair reacted to the news with a 300-point increase in 5 minutes.

Which way will EUR/USD go this time?

React with

๐Ÿ‘ if you think EUR/USD will go up.
๐Ÿ‘Ž if you think EUR/USD will go down.
โญ What are the benefits of swing trading?

โœ”๏ธ When you hold trades longer, you donโ€™t need to make as many stressful decisions โ€” thereโ€™s more time to reflect on each trade.
โœ”๏ธ Swing trading doesnโ€™t require continuous market monitoring, so it can be more compatible with a full-time job or other time commitments.

๐Ÿ“Œ Example:

๐Ÿ“‰ EUR/USD has been going down for a while, and now itโ€™s approaching the key support level of 1.0700. Moving Averages and MACD signal that the price is about to rebound.

Hereโ€™s what you can do in this situation:

1๏ธโƒฃ Open an Up trade at 1.0720.
2๏ธโƒฃ Set a Stop Loss at 1.0690.
3๏ธโƒฃ Set a Take Profit at 1.0800, targeting the next resistance level.

๐Ÿ“ˆ Days later, EUR/USD surges on positive economic data, hitting your target and resulting in a profitable trade ๐Ÿ’ฐ

โค๏ธ React if this info was useful.
2024/04/30 20:55:04
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