GMMA shows market sentiment by contrasting short-term and long-term investor perspectives with two sets of EMAs. GMMA ribbons can help traders identify uptrends, downtrends, and consolidation phases by analyzing the interaction and distance between short-term and long-term ribbons. This indicator,
Gold Prices Surge Amid Middle East Tensions – What’s the Actionable Setup?
What’s happening: Gold prices jumped over 1% yesterday (Monday, 10/9/23) in response to the escalating conflict between Israeli forces and Hamas in the Middle East. How this impacts the markets: The mounting political uncertainty driven by the violence in the
October Monthly Newsletter
View Upcoming Government Reports & Holidays for the month. The Global Update blog features various blogs from throughout the month. Key Events That Moved the Market in the previous month are detailed.
Harnessing the 5-8-13 Exponential Moving Average (EMA) Trading Indicator
The 5-8-13 Exponential Moving Average (EMA) combination is a favored tool among day traders, providing a responsive and precise insight into fast moving markets. By applying this EMA trio effectively along with other indicators, you can significantly refine your entry
Does OPEC’s Extended Production Cuts Present a Possible Trading Opportunity?
Saudi Arabia and Russia extend oil production cuts till the end of 2023, causing a spike in global oil prices. The decision might strain Saudi Arabia’s economy, making it potentially vulnerable to a downturn due to its heavy reliance on
September Monthly Newsletter
View Upcoming Government Reports & Holidays for the month. The Global Update blog features various blogs from throughout the month. Key Events That Moved the Market in the previous month are detailed.
Labor Day Holiday
In observance of the Labor Day Holiday, there are revised trading hours. There will be a trading halt at 12:00 PM CST on Monday, Sep 4th for: Equity & Interest Rate Products. There will also be a trading halt that day at 1:30
Speculators vs Hedgers – A Simple Guide
Just about every type of futures account application will ask whether the account holder will be hedging or speculating. Chances are that if the customer is wondering which box to check off, they are almost certainly a speculator. Even if
August Monthly Newsletter
View Upcoming Government Reports & Holidays for the month. The Global Update blog features various blogs from throughout the month. Key Events That Moved the Market in the previous month are detailed.
A Closer Look at Crude Oil – Technical & Fundamental Analysis
The price of Brent crude is heading towards a three-month high, climbing above $83 a barrel, according to Bank of America’s global commodity research team. Despite economic factors that have held the price within a trading band of $70 to