S&P 500's Best Week in Months One Speech




The S&P posted its best weekly gain in four months, up 3.4%, and the March 31 Morning Star reversal had traders thinking the bottom was in. Then Trump's Iran speech hit on April 2 and erased the entire surge in hours. Oil jumped 5.8% to $104 in that same session, a death cross had already printed on March 29, and the 200-day EMA has now rejected three straight recovery attempts. NFP lands tomorrow.
Trade S&P 500 volatility with CFDs on Deriv MT5. 0.25% margin, 0.36-point spread, built for swings like this.


Comments

Post a Comment

Popular posts from this blog

How To Make $500 A Day Trading Forex - Strategy

Image
  Making $500 a day trading Forex is possible, but it's important to approach trading with the right mindset, skills, and strategies. Here are some tips to help you work towards achieving this goal: Tips to Make $500 a Day Trading Forex : 1. Education and Skill Development: Before aiming to make a specific amount of money per day, focus on building a solid foundation of knowledge and skills in Forex trading. Understand how the market works, learn about different trading strategies, risk management techniques, and practice using a demo account. 2. Start Small: Begin with a realistic goal and gradually increase your trading size as you gain experience and confidence. Setting a goal to make $500 a day from the beginning may lead to unnecessary risk-taking and overtrading. 3. Risk Management: Protecting your capital should be a top priority in Forex trading . Implement proper risk management techniques such as setting stop-loss orders, using appropriate position sizing, and diversifyin...
Read more

7 Steps To Become A Very Dangerous Trader

Image
  90% of traders can't trade 1 single setup. 7 steps to become a very dangerous trader: 1. Focus on 1 setup - You don't need to catch every market movement, you just need to become great on 1 setup - From now on, your setup = your edge "I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times." - Bruce Lee 2. Save 3-4 examples of your edge - Print some copies next to your PC - Take notes with instructions and details - You will need them to remind yourself the best execution 3. Trade - Follow your edge - Never break your rules - Record at least 10-20 trades Start. Build data. Gain experience . 4. Your trades vs your edge - Compare every trade with your edge - Take notes on mistakes and missed details - Trading mistakes are the best teachers to become a better trader 5. Repeat trades - Trade - Win / Lose - Learn from your mistakes - Repeat A trader who is addicted to repetition is a disciplined trader. 6. Build ...
Read more

Support and Resistance In Forex Trading : A Complete Guide .

Image
  Support and Resistance in Forex Trading: A Complete Guide Support and resistance levels are among the most fundamental concepts in forex trading , serving as the cornerstone of technical analysis. These price levels help traders identify potential entry and exit points, manage risk, and understand market psychology. Whether you're a beginner or an experienced trader, mastering support and resistance is essential for developing a successful trading strategy. What Are Support and Resistance Levels? Support is a price level where a  currency pair  has historically found buying interest, preventing the price from falling further. Think of it as a "floor" that catches falling prices. When price approaches a support level, buyers typically step in, creating upward pressure. Resistance is a price level where a currency pair has historically encountered selling pressure, preventing the price from rising higher. It acts as a "ceiling" that caps price advances. Wh...
Read more