Top trade of the week

The Euro Crashes on Lira Collapse

The Euro crashed to one a year low on Monday driven by a collapse in the Turkish Lira.

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GBPUSD Breaks 1.30 on Brexit Woes!

GBPUSD has broken the 1.30 level hitting a low of 1.2952 in early morning trading.

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Facebook Shares Implode!

Facebook shares dropped by over 20% last Wednesday due to a revenue miss and a future outlook of higher costs and a further slowdown in profits.

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Is the EURUSD heading down this week?

The EURUSD pair has been stuck in a 100 pip range for about 3 weeks now and it is only a matter of time before it breaks out one way or the other.

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Is Brexit close to the finishing line?

Two high profile resignations, an 82 page “white paper” and a blessing from Angela Merkel makes a Brexit agreement more likely to happen soon.

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Sterling Ignores Brexit Calamity

The British pound continues to rise even though Theresa May’s chief Brexit negotiator David Davis has resigned. The euro sceptics in her cabinet are not happy with what they see as a “weak” Brexit plan that she is pushing.

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Oil surges on OPEC decision

The price of oil surged from $65.64 to $69.07 on Friday after OPEC members agreed to supply the markets an additional 700k barrels of oil a day.

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Draghi Kills the Euro!

Mario Draghi, the head of the ECB, killed the euro last week.
He has been responsible for pumping trillions into the Eurozone over the last 10 years in an attempt to stimulate growth and what has he got for his efforts? Very little!

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The Rand Weakens Against the US Dollar

The rand continues to weaken against the US dollar touching $13.28 on Friday, its lowest level since December 18.

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EURUSD clips 1.150, where to next?

The EURUSD pair was just a few pips short of 1.150, last week. All the signs point to the pair heading much lower over the next few months, with a few unknowns along the way.

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Oil Prices Plunge

Oil plunged last week after both Saudi Arabia and Russia indicated that they will increase the supply of oil to the market in the second half of 2018.

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The EURUSD Continues to Fall Further

The EURUSD fell further last week as the downward trend looks to push the price closer to the 1.1550 level. The temporary pullback the previous week did not last long as traders stick with the bearish view resulting in a 5-month price low for the pair.

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The S&P 500 Rises on Iran and Fed Statement

The US stock market (the S&P) rose by 2.4% last week to 2728 offering a decent buy trade for those tuned in to what moves the markets.

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Is the EURUSD pair heading towards 1.1550?

The EURUSD has dropped by approximately 400 pips over the last two weeks (1.23 to 1.19). After a decade of zero interest rates, money printing and corporate bond purchases, the most recent inflation rate in the Eurozone is still only paltry a 1.2%.

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Sterling Gets Hammered Again

Economic data from the UK continues to deteriorate with a weak preliminary GDP number last Thursday of 0.1% (expected 0.3%).

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Sterling Gets Crushed on Weak UK Data

The GBPUSD pair fell by over 350 pips last week due to weak UK economic data which reduced the likelihood of a rate rise next month.

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Is Oil Heading for $80?

Crude Oil hit its highest level since December 2014 last week to $67.62 a barrel on the back of the USA threatening to bomb Syria and the actual follow through on this threat happening on Friday night (13th April) with the participation of the UK and France.

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The NFP Aftermath - GBPUSD Reins Supreme

GBPUSD buyers profited from a weak US employment number on Friday. New jobs created for the month of March were expected to come in at 188,000 but instead came in at a paltry 103,000.

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Trade of the Week – USDJPY

We had the long awaited FOMC meeting in the USA last Wednesday. The FOMC (Federal Open Market Committee) meets eight times a year and they decide on what action they will take to maintain a strong economy.

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TECHNICAL TRADING AT ITS PURIST – OPPORTUNITIES CONTINUE!

From a technical perspective, there is nothing more gratifying then watching the market play out repetitive technical analysis formations. To many people who are first exposed to traditional technical analysis many questions arise to its validity.

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Sellers Profit from Crypto Currency Crash

All of the major crypto currencies crashed last week offering sellers some of the best trading opportunities available the markets.

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TRADER’S PARADISE

The most important ingredients to a great trading opportunity is VOLATILITY & LIQUIDITY. Volatility is defined as the increase or decrease of a symbol over a specific time-period and liquidity is defined as the degree of availability to which a symbol can be bought or sold.

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DON’T FIGHT THE TAPE – READ THE TAPE

Reading the tape (THE PRICE ACTION) is one of the most important tools in anticipating future movement in the markets. The concepts behind setting up Support & Resistance lines is for the purpose of giving a trader the potential pivot points to where a symbol can either bounce off or break through.

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When Trading the Range becomes a Clear Breakout

The Dollar rose boosted by a fall in the Euro. Month, quarter and year-end (Japan) factors forced traders to buy back their short Dollar positions. 

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Trade of the Week – Crude Oil

Last week we had a bloodbath on the stock markets and I could have picked any of the major stock indices (DOW, FTSE, DAX. S&P, Nikkei) as the trade of the week.

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Where doing your homework (chart work) pays off BIG $$$$ Simple Breakout Trade!

Last week we experienced a historical moment when the Dow Jones Industrial plummeted over 750 points!!!! This great trading opportunity was in the making for a few days prior to the major event of last Friday.

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Trade of the Week - EURUSD

Our clients know that our mantra is “A prepared trader is a profitable trader”, that said our clients witnessed firsthand after joining our “Make Me a Trader Course” how to take advantage of news events to their favor and profit from it.

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GBPUSD surges by over 200 pips on Friday

Friday the 12th of January saw a surge in the GBPUSD forex pair with a 200+ pip move, reaching its highest level since June 2016.

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GOLD

Markets were closed across the board on New Year’s day. When they re-opened on Tuesday we saw a big move to the upside in gold from about $1,306 to $1,318. Gold continued its fine form and had been pushing upwards for over 2 weeks up to this point.

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Trading Foreign Exchange (Forex) and Contracts for Differences (CFD’s) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin.

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