Introduction: Welcome to the world of trading, where understanding the market’s language is the key to success. One of the fundamental concepts that every trader should understand is market trends. In this post, we’ll dive deep into what market trends are, how to identify them, and why they are crucial in making informed trading decisions. Whether you’re just starting out or looking to brush up on your skills, this guide is designed to provide valuable insights into the dynamics of market trends. Section 1: What Are Market Trends? Market trends refer to the general direction in which the market is … Read More
Happy New Year from CrushProTrading.com!
Dear Members, As the year draws to a close, we at CrushProTrading.com want to extend our warmest wishes to each and every one of you. May the holiday season fill your homes with joy, your hearts with love, and your lives with laughter. This time of year is a perfect opportunity to reflect on the achievements we’ve shared and the challenges we’ve overcome. Together, we’ve navigated the exciting world of trading, learning and growing with every step. Your dedication, enthusiasm, and insightful contributions have been the cornerstone of our community’s success. As we bid farewell to this year and welcome … Read More
A Memorable Evening at the Hedge Funds Club Year-end Networking Event
As we near the end of another eventful year, I am filled with gratitude and joy, particularly for a recent experience that I am eager to share with you all. I had the distinct pleasure of attending the most anticipated event of the year, the Hedge Funds Club Year-end Networking Evening, thanks to the generous invitation from Stefan Nilsson. From the moment I stepped into the venue, the event lived up to its reputation, filled with engaging conversations, insightful discussions, and an ambiance of celebration. The Hedge Funds Club, known for its prestigious gatherings, truly outdid itself this time. The … Read More
US Inflation Numbers Fuel Downside Breakout of Long-Term Triangle Pattern
Introduction: The recent breakout in the financial markets has brought attention to a long-term triangle pattern that began forming in February 2023. On July 12, 2023, the breakout occurred as a response to the release of the year-over-year (YoY) inflation numbers, which came in lower than expected at 3%. This blog post delves into the significance of this technical pattern and how the inflation figures, combined with market expectations of a potential pause in interest rate hikes by the Federal Reserve (Fed), acted as catalysts for the downside breakout. The Formation of the Triangle Pattern: Since February 2023, market participants … Read More
Economic Update: Fourth Quarter 2022 GDP Growth, Inflation, Unemployment, Interest Rates, and Consumer Spending
As we move into Q2 2023, let’s reflect on the US economic performance in Q4 2022. We’ll examine GDP growth, inflation, unemployment, interest rates, and consumer spending. Gross Domestic Product (GDP) Growth: The US economy experienced moderate growth in Q4 2022. Real GDP increased at an annual rate of 2.6%, slightly lower than the previous quarter’s 3.2%. The growth was mainly driven by increases in inventory investment and consumer spending. However, there was a decrease in housing investment. Profits decreased by 2.0% in Q4, indicating some challenges in the business sector. Inflation: Inflation remains a concern, with the Consumer Price … Read More
This week high impact news
Hello Traders! This week is not so busy but has some important press releases coming up. The biggest event of the week is on Tuesday with the Midterm Elections in the US. Monday China’s Balance of trade and Import and Export numbers during the Asian session. Switzerland’s Unemployment numbers, German Industrial Production and Global Construction PMI numbers, UK House Price Index and we have BOE and ECB speeches as well during the European Session. There is nothing big happening during the US session in terms of news releases. Nevertheless, we have some FED speeches towards the end of the day. … Read More
End-of-week news articles
Hello Traders! At the end of a very busy week, I am reading the news out there. Here are some of the articles that caught my attention and my thoughts on them: In the US: https://www.zerohedge.com/markets/something-has-snapped-unexplained-23-million-jobs-gap-emerges-broken-payrolls-report?utm_source=&utm_medium=email&utm_campaign=1045 https://seekingalpha.com/news/3898314-bumper-profits-is-a-windfall-tax-on-energy-producers-a-good-idea In Japan: https://asia.nikkei.com/Business/Finance/Japan-pension-whale-GPIF-suffers-longest-losing-streak-since-2009?utm_campaign=GL_JP_update&utm_medium=email&utm_source=NA_newsletter&utm_content=article_link&del_type=4&pub_date=20221105090000&seq_num=11&si=711156 https://asia.nikkei.com/Politics/Japan-to-rely-on-debt-for-nearly-80-of-200bn-stimulus-package?utm_campaign=GL_JP_update&utm_medium=email&utm_source=NA_newsletter&utm_content=article_link&del_type=4&pub_date=20221105090000&seq_num=14&si=711156 https://asia.nikkei.com/Business/Travel-Leisure/Tourists-return-to-Japan-but-where-are-the-workers?utm_campaign=GL_JP_update&utm_medium=email&utm_source=NA_newsletter&utm_content=article_link&del_type=4&pub_date=20221105090000&seq_num=2&si=711156
Fed Raises Interest Rates: What It Means for the Economy and Markets
Hello Traders, this is Daniel from CPT. In the past week, we have seen several data releases from around the world giving us a better view of how the economies are behaving. Among all of them, the FED meeting was the most awaited event. In this blog post, we’ll take a closer look at the Fed’s decision to raise interest rates and what it means for the economy and markets. Fed’s Decision to Raise Interest Rates As expected, the Fed announced a rise of the interest rate by 75 bps to 4.00% to combat high inflation. Mohammed El Erian reminds … Read More
5 Steps to Becoming a Successful Trader
As a successful independent trader running a private trading group for over 15 years, I have worked with and trained many traders, some very successful and many who never quite make it. Over the years, I have learned the 5 key steps you should take if you are interested in becoming a successful trader. 5 Steps to Becoming a Successful Trader Get Around Like-Minded People Develop a Deeper Understanding Of Trading Learn to Practice Trading Effectively Use a Trading Coach: Get the Most Out of Your Training Develop Your Own Trading Plan: A Trader’s Mindset One thing is for sure, … Read More