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The ever-changing financial markets can be daunting to navigate. However, with the right tools and strategies, you can tap into the vast potential of the EUR/USD, SPX500, and WTI markets. In this exclusive video, our expert trader unveils a precise trading action plan for the week, utilizing advanced Elliott Wave analysis, smart money concepts, and supply and demand principles. Discover how to maximize your profits and become a more successful trader.

 

Elliott Wave analysis

Elliott Wave theory, developed by Ralph Nelson Elliott in the 1930s, is a powerful technical analysis tool that allows traders to identify and predict market trends by analyzing price patterns. The theory is based on the idea that market movements follow a predictable five-wave pattern, with three impulse waves and two corrective waves. By identifying these patterns, traders can anticipate future price movements and develop effective trading strategies.

Smart money concepts

The term "smart money" refers to the actions of experienced, well-informed market participants who have a proven track record of making successful investment decisions. By analyzing the behavior of smart money, traders can gain valuable insights into market trends and potential price movements.

In the video, our expert trader delves into smart money concepts, revealing how you can leverage this knowledge to identify high-probability trading opportunities. Learn to interpret the actions of institutional investors, hedge funds, and other market movers, and discover how to ride the waves of their buying and selling activity for maximum profits.

Understanding supply and demand

A fundamental principle of economics, supply and demand plays a critical role in determining asset prices. By understanding the forces driving supply and demand in the markets, traders can better predict price movements and make more informed decisions.

DISCLAIMER: No Earnings Projections, Promises or Representations

Trading currencies, stocks, futures, and options implicate significant risk of loss and is not suitable for every investor. The quotes of financial markets may fluctuate, and, as a result, clients could lose more than their investment. The highly leveraged of futures trading means that modest market movements will have a greater shock on your trading account, and this can go against your trading capital, that can result in considerable losses or can benefit your trading capital, resulting in significant gains.

If the price of any financial instrument moves against you, you may result in more massive loss than the original money deposited into your account. You are entirely responsible for all the risks from your trading decisions and resources you use and for a trading system that you are using. You should not make any trading decisions unless you understand entirely the nature of the trades (transactions) you are entering into and your exposure to loss.

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CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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Editors’ Picks

EUR/USD buyers flirt with resistance-turned-support near 1.0730

EUR/USD buyers flirt with resistance-turned-support near 1.0730

EUR/USD remains sidelined around 1.0730-35 as bulls seek more clues to extend the previous day’s recovery from a 10-week low amid Wednesday’s sluggish Asian session. The Euro pair portrays the market’s anxiety as the key European/US data and events stand ready to prod the market’s momentum.

EUR/USD News

GBP/USD returns above 1.2400 as USD Index retreats ahead of US Employment/Fed’s Beige Book

GBP/USD returns above 1.2400 as USD Index retreats ahead of US Employment/Fed’s Beige Book

The GBP/USD pair has rebounded above the round-level resistance of 1.2400 after a steep correction in the early Tokyo session. The Cable has climbed back above 1.2400 as the US Dollar Index (DXY) has retreated from 104.20.

GBP/USD News

USD/JPY consolidates below 140.00, downside seems favored ahead of US labor market data

USD/JPY consolidates below 140.00, downside seems favored ahead of US labor market data

The USD/JPY pair is displaying a back-and-forth action below 140.00 in the Tokyo session. The asset is expected to extend its downside journey as the upside in the USD Index seems restricted till the release of the United States Employment data.

USD/JPY News

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Editors’ Picks

AUD/USD grinds above 0.6500 on hawkish RBA’s Lowe ahead of China PMI, Aussie inflation

AUD/USD grinds above 0.6500 on hawkish RBA’s Lowe ahead of China PMI, Aussie inflation

AUD/USD picks up bids to pare the previous day’s losses around 0.6520, after snapping a two-day uptrend, as Reserve Bank of Australia (RBA) Governor Philip Lowe sounds hawkish on early Wednesday in Asia.

AUD/USD News

EUR/USD buyers flirt with resistance-turned-support near 1.0730

EUR/USD buyers flirt with resistance-turned-support near 1.0730

EUR/USD remains sidelined around 1.0730-35 as bulls seek more clues to extend the previous day’s recovery from a 10-week low amid Wednesday’s sluggish Asian session. The Euro pair portrays the market’s anxiety as the key European/US data and events stand ready to prod the market’s momentum.

EUR/USD News

Gold juggles around $1,960 after a rally inspired by US Dollar’s correction

Gold juggles around $1,960 after a rally inspired by US Dollar’s correction

Gold price has turned sideways around $1,960.00 after failing to extend a rally above $1,963.70 in the early Asian session. A quick rally in the Gold price came after a vertical sell-off in the US Dollar Index (DXY). 

Gold News

Bitcoin mining emission approaches net carbon negative as Texas cancels mining curbing bill

Bitcoin mining emission approaches net carbon negative as Texas cancels mining curbing bill

Bitcoin mining and the narrative around how Proof-of-Work being one of the most energy-consuming processes in the entire world is set to change. With more sustainable mining methods coming to light and awareness spreading, BTC is close to joining the league of blockchains that have achieved carbon neutrality.

Read more

US: Confidence shaken amid early tremors in job market

US: Confidence shaken amid early tremors in job market

Consumer confidence slipped slightly in May, and while the weakening may reflect short-term worries about the debt ceiling, the more interesting developments reveal how the sand is shifting under consumers' feet.

Read more

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