​​🎢 Folks, looks like the WTI oil price is sliding down, what do you think? The recent highs and lows on the H4 chart get perfectly aligned into an equilateral channel like the one you see down there. If that's the case, we might see it slow down to $51 by the end of January ⚓
📶 See it in FBS Trader if you like https://bit.ly/3m4aJrg 📱

​​😏 Sneaky gold... Well, we were wrong to think that it would follow an uptrend similar to the one in December - it's down to 1 845 now. Fine, let's trade the downtrend and wait for it to reverse and challenge the resistance of 1 875 later on 😎
👉 Check it out here: https://bit.ly/3qUlIGv ⭐

​​📣📣📣 Everyone, join the webinar (https://bit.ly/3cegl0J) in 30min about trading stocks this earnings reports season! 😎

​​🌵Remember we were speaking about exotic currency pairs? Here is the layout for the Russian ruble and the Mexican peso - both pairs seem to be in a local downturn after bouncing off the resistance; check it out: https://bit.ly/39i2mFo 🌴💰

​🇺🇸 The first Fed statement of the year is almost here! Are you ready?

💰 The Fed will post its statement and an update on the interest rate at 21:00 MT time. The Press Conference with the Fed Chair Jerome Powell will be at 21:30 MT time. What to expect? The Fed claimed that it has learned its lessons from taper tantrum in 2013, which refers to collective reactionary panic that triggered a spike in US Treasury yields. That’s why the Fed pledged to warn the markets about policy changes well in advance. Since no changes are expected this time, investors will mainly focus on economic projections from Jerome Powell and the tone of his speech. If he is optimistic and hopes for economic stabilization soon, the US dollar may rise. In the opposite scenario, the negative forecast will drive the USD lower. Follow the event and catch the overall market flow! Big price swings are expected!

📈 LOG IN to trade on the Fed meeting: http://bit.ly/2NH9X88

​​🔊 Hi everyone, have you checked the above webinar recording (https://bit.ly/3ppJFW1)? One of the approaches to trade stocks is to buy the lows: you buy after a local drop and then sell when a stock or an index rises. Now is exactly that drop - watch the S&P down there; also, check Google, Netflix, Disney, other stocks - a lot of them dropped. Your strategy is to wait for the drop to end, and to enter the market at the beginning of the bullish reversal. 👍🎆

​​📉 Folks, seems we were right about WTI oil before - it's sliding down. What do you think, will it drop to $52 and $51 in the mid-term ❓

​​⭐ An interesting incident in Forex among primary currencies - have a look at USD/CAD: https://bit.ly/3pvLRLy - you have all the levels you need there 👍

⬆ Regarding the above image: folks, buy or sell depends on your trading tactics. Examples.
1⃣ On the H4, you see that USD/CAD broke the resistance of 1.28. You check on smaller timeframes if there is no reversal chart formation and buy, or you wait for local correction and then buy: in this scenario, you go with bulls betting that the currency pair's next step is reaching and challenging the resistance of 1.29.
2⃣ Alternatively, on the H4, you see that USD/CAD broke the resistance of 1.28 and you assume that a significant correction will happen next. Therefore, you watch for reversal chart formations on smaller timeframes, and if you see a bearish reversal actually begin, you sell - in expectation that the pair will drop to 1.28 or lower in a correction.
✅ So, what to do depends on your trade scenario. You may prepare for both scenarios if you like but the one who decides is you 😎

​​😎 In fact, you'd be interested to check the Daily Forex Update over here, in line with some observations on the market today: https://bit.ly/3acwgdf ⚡⚡

​​🚀 The WTI oil price is above $53 now. Here are the scenarios ⬇
1⃣ Bearish: it cedes the gains and reverts to the downside: in this scenario, you'd see the support channel of 52.20 - 52.40 crossed first
2⃣ Sideways: it keeps floating around $53 going below and above this level as the time goes by - don't get misled by breaking the resistance of $53 in this case
3⃣ Bullish: it goes above $53 - in this scenario, you'll started gradually seeing candles with their lower shades at and above $53; until that happens - assume that it's either scenario 1 or 2.
✳ Note: by the time you read this post, the price will be already above $53 - still, think of those scenarios. One long bullish candle on H4 doesn't necessarily mean that bulls have taken over the scene and that the larger trend has changed.

​​🌇 Good day, folks! Seems we were quite right about WTI oil yesterday: it made a really deep incursion into the upside above $53 but eventually ceded all the gains and succumbed to the downside gravity. Currently, it's at $52.20. So, we are now left with scenarios 1 (bearish, down to $51.50 and $51) and 2 (sideways, around $52.20). Possibly, it's going to be the first one, what do you think? 🎢

​​🚀🚀🚀 Folks, we know there is this GameStop frenzy and all that thing but there are assets behind the scene which we can really benefit from - and these assets are providing really spectacular performance. Look at silver (XAG/USD)! Don't you think that with this kind of volatility you can have enough room for any trading strategy? 👍
⭐ Here is the analysis: https://bit.ly/2Yp1dFH 🙌

​​💥 For sure, you've read a lot about GameStop - and it will definitely stay in the headlines for a while; here you go with an article on it: https://bit.ly/3oyKIRX - and a nice tweet below just to give you good spirits for the day and wisdom of trading 😏

​​🌇 Good day, dear traders! Let's start with a brief Forex review and some key levels. Pay attention to silver - it's a celebrity asset these days! 🚀⚡⭐

​​📺 Folks, the RBA meeting is tomorrow: apart from the interest rate, we might have important information on the economic outlook in Australia that may affect the AUD: read the article (https://bit.ly/3cxjsB4) get prepared! 😎

​​⭐ You often ask us about FBS Trader, our mobile trading platform. We’ve decided to tell you more about it.

☀ To start with, FBS Trader was designed to encompass the perks of its predecessors but be simpler. In 2020, the platform was installed more than 4.000.000 times, proving it was the right decision.

👍 Same like MetaTrader, FBS Trader provides:

1⃣ Real-time statistics, detailed order information.
2⃣ Trading Forex, stocks, crypto, metals and commodities.
3⃣ Easy deposits and withdrawals, etc.

😎 But FBS Trader also has something more:

⚡ Cashback. On every order and for trading almost all assets it has.
⚡ Simplicity. FBS Trader is way more user-friendly.
⚡ Everything is neatly organized and easily accessible.
⚡ 24/7 multilingual chat support right in the app.
⚡ Quick Start bonus for beginners to trade easily.

To get to know the platform, install it from Google Play or App Store and create an account (note that you cannot log in with your MetaTrader account).

📜 Folks, here are the stocks that'll see their Q4'2020 earnings reports tomorrow - these are the big ones! See the articles about them:
1⃣ Pfizer https://bit.ly/3ag13py
2⃣ Google https://bit.ly/3oD2TGf
3⃣ Amazon https://bit.ly/3j46DzD
4⃣ Electronic Arts https://bit.ly/3r9oHLf

✅ As you already understood, apart from MT5, all of them are available in FBS Trader▶ https://bit.ly/3j5wDKR.

Let's trade some earnings reports! 🚀🚀🚀