Get started

Market indices

Watch out! If CAC dips below the trend line, so do the othersWarren Buffett Is selling stocks at a record pace and avoiding his favorite stock for the first time since 2018 (source: Yahoo Finance November 4, 2024) Nvidia's Blackwell GPUs are sold out for the next 12 months — chipmaker to gain market share in 2025 (source: toms hardware October 11, 2024). THE GOOD NEWS IS NVDA is incredible; the bad news is that it is all priced in. Weak jobs data can’t stop 10-year yield’s climb as stock-market rally lost steam (source: Marketwatch Nov. 1, 2024)
CITYINDEX:GERMANY40CFDShort
by bruceyam
You Killed my Dog - Revenge TradingRevenge trading is a behavioral trap that can ensnare even experienced traders. It's the impulse to enter a new trade immediately after a significant loss, often fueled by frustration or a need to "win back" what was lost. However, succumbing to this urge can lead to further losses and greater emotional instability. This psychological cycle, if left unchecked, can spiral into a destructive pattern that can erode both account balances and self-confidence. 1️⃣ Understanding the Root of Revenge Trading At its core, revenge trading arises from the natural human response to loss. This reaction can be linked to what’s known as the "fight-or-flight" mechanism—when traders feel threatened by a financial loss, they experience a rush of adrenaline, which can result in impulsive decision-making. This initial phase often reflects the trader's attachment to their profits or ego rather than a rational, strategy-based response. You need to recognize this instinct to regain lost money as the first step to addressing revenge trading. By understanding that revenge trading is driven more by emotion than by reason, you can start building awareness around your trading behavior. 2️⃣ Identifying the Emotional Cycle in Revenge Trading The emotional cycle in revenge trading typically starts with anger, followed by a need to “win back” losses, often resulting in riskier trades. This cycle can repeat and intensify as losses compound, leading to feelings of self-blame and regret. Identifying the triggers that set off this emotional cycle—such as a recent loss or the need to prove something—can help you avoid jumping into impulsive trades. Recognizing these cycles early can allow you to pause, reflect, and make better choices. 3️⃣ Setting Up Predefined Trading Rules One of the most effective strategies to prevent revenge trading is to establish strict trading rules, including stop-loss levels, damage control triggers and daily limits. When you have clear, predefined rules, it becomes easier to stick to a plan rather than trading based on emotions. For instance, having a rule to stop trading for the day after a certain level of loss ensures that you have time to step away and reset mentally. Knowing when to pause prevents the desperation that often triggers revenge trading, reinforcing discipline and giving you time to recover emotionally. 4️⃣ Building Self-Awareness Through Mindfulness Practices Mindfulness is an effective tool for managing the emotional pressures that come with trading. Practices such as deep breathing, meditation, or even journaling after each trading session can help increase self-awareness and emotional regulation. These exercises help you stay present in the moment, allowing for a more objective assessment of a situation without letting anger or frustration cloud your judgment. The more self-aware you become, the better you can avoid the emotional pitfalls that lead to revenge trading. 5️⃣ Creating a Loss Recovery Plan Developing a structured plan for recovering from losses is another way to counteract revenge trading tendencies. This plan may include specific actions, such as re-evaluating the last losing trade, understanding why it failed, and making a list of ways to improve your strategy. A loss recovery plan can provide structure and prevent panic-driven decisions. For example, instead of doubling down on the next trade, you might focus on smaller, more conservative trades to gradually regain what was lost, creating a more balanced and thoughtful approach to rebuilding. 6️⃣ Learning from Historical Instances of Revenge Trading The idea of revenge trading is not new; many traders, including professionals, have been affected by it. One well-known example is the collapse of Barings Bank, which was largely due to rogue trader Nick Leeson’s revenge trading following initial losses. His increasing risk in an attempt to “win back” losses ultimately led to catastrophic results. Studying such cases reminds you of the real consequences of revenge trading and encourages you to approach each trade with caution, even after a loss. 7️⃣ Leveraging Support Networks and Mentorship Having a support system, such as trading peers, a coach, or even online communities, can provide accountability and perspective when dealing with losses. Discussing challenges and trading experiences with others helps you reflect on your decisions and avoid impulsive trading. A mentor, in particular, can be instrumental, as they bring experience, objectivity, and practical advice for managing the emotional hurdles of trading. By fostering these connections, you build resilience and have someone to consult with during tough times, which can help prevent revenge trading behaviors. Shameless plug: join us at The Trading Mentor, you will not regret it ;) Revenge trading can be a powerful and destructive force, driven by deep-rooted emotional responses to loss. But with self-awareness, mindfulness, structured plans, and support, you can gain control over these impulses and foster a healthier, more disciplined trading mindset. The journey to overcoming revenge trading is one of introspection, strategy, and gradual improvement, helping you achieve long-term trading success while minimizing emotionally driven mistakes.
FX:SPX500Education
by AlexSoro
2
Markets Brace for US Presidential Election and the FedMarket watchers and investors are preparing for one of the most significant weeks of the year: the United States (US) presidential election takes place tomorrow, and the Federal Reserve (Fed) will announce its interest rate decision on Thursday. Both events could significantly impact global markets, potentially influencing currencies, equities, bonds, and commodities. Who Will Be the Next President of the World’s Largest Economy? Over the past few months, Democratic nominee, Vice President Kamala Harris and Republican nominee, former President Donald Trump, have been running neck-and-neck in both national polls and state surveys, making it clear that both candidates have about an even chance of winning tomorrow’s election. The presidency will ultimately be decided by the Electoral College outcome, which will be based on the election results in individual states. Each state’s number of electors is proportional to its population size. There are 535 electors for the 50 states and 3 for the District of Columbia; that is a total of 538 electors. A candidate must gain a majority of the electoral votes – 270 or more – to win the presidency and for their running mate to become the vice president. If no candidate wins 270 electoral votes, a contingent election occurs: the House of Representatives will elect the president, and the Senate will be tasked with electing the vice president. This makes it possible that the House elects a president from the majority’s preferred party while the Senate chooses a vice president from the other. It should be noted that a candidate may win the popular vote across the country but lose the Electoral College vote. This has happened five times in the past, with the most recent being in 2016 when Trump won the presidency despite trailing behind Hilary Clinton by nearly three million votes nationwide. The 5 November election will also determine which party controls Congress; there are 435 seats in the House of Representatives and 34 seats in the Senate up for grabs. Currently, Republicans hold a majority in the House, while Democrats control the Senate – albeit both by slim margins. Polls suggest the control of each chamber could switch this election round. With less than 24 hours to go for the election and more than 77.6 million votes already cast, ABC News/FiveThirtyEight’s latest polls indicate that Harris holds a marginal lead over Trump with 47.9% vs 47.0%. Battleground States Set to Determine the Election Result The seven battle states have a total of 93 electoral votes – with polls indicating razor-thin margins. According to the latest New York Times/Siena College polls, Harris is ahead by three percentage points in Nevada (49% vs 46%), two points in North Carolina and Wisconsin (48% vs 46% and 49% vs 47%, respectively), and one percentage point in Georgia (48% vs 47%). Trump maintains his advantage in Arizona, leading by four percentage points (49% vs 45%). Interestingly, the polls show that the two candidates are locked in close races in Michigan and Pennsylvania, with results in all seven states within the margin of error – meaning neither candidate has a definitive lead. Election Results and Market Impact Exit polls are expected to begin rolling in at approximately 5:00 pm Eastern Time (ET). While these results do not show ‘the full picture’, they can provide early insights and volatility may increase as a result. However, market participants are likely to exercise caution, and rightly so. Results will be adjusted numerous times throughout the evening as more votes are counted. The reporting of results from major swing states will be a crucial period for traders. The process starts with the polls closing in Georgia at 7:00 pm ET and concludes with the results from Nevada at around 10:00 pm ET. You can expect volatility to surge once all the key states’ results are reported at about 11:00 pm ET. Early AM (ET) on 6 November, investors will have more clarity on a potential election winner. While a winner is usually clear at this point, if there is uncertainty, or talks of recounting, markets may consolidate as this could result in legal action from both sides. It is also important to acknowledge that although a winner is generally clear on election day, there are instances when the outcome may not be determined for several hours, days, or even weeks. A clean sweep for Trump is expected to boost demand for the US dollar (USD) and US equities, as well as a rise in US Treasury yields in response to fiscal stimulus. Trump’s pro-growth and domestic policies, and potential for tariffs, could lead to demand for stocks in the financial and energy sectors. Additionally, major cryptocurrencies could catch a bid amid Trump’s ‘plans’ to make the US the ‘Crypto Capital’ of the planet. A clean sweep for Harris is likely to weigh on the USD and US Treasury yields amid less tax cuts and increased spending. Major US equity indices could take a hit on a Harris victory, though the reaction is likely to be mixed. Fed Poised to Cut by 25 Basis Points In addition to the US elections, the Fed will claim a portion of the attention this week, scheduled to make the airwaves at 7:00 pm GMT on Thursday. Markets are fully pricing in a 25-basis point (bp) reduction, a move that would bring the target for the funds rate to 4.50-4.75%. The elections are unlikely to sway this decision. In fact, anything other than a cut – particularly following the bumper 50 bp reduction at September’s meeting, the Fed’s latest dot-plot suggesting 50bps of additional easing this year, and robust economic data – would catch the markets off guard and may prompt investors to question whether the Fed made a mistake going for ‘50’ in September. Investors are also expecting another possible 25bp cut at December’s meeting (20 bps of cuts currently priced in). The US economy remains on solid footing, with the Fed still focussed on achieving a soft-landing scenario. Inflation eased for a sixth consecutive month in September, cooling to 2.4% from 2.5% in August – its lowest level since early 2021 – while core inflation increased to 3.3% in September from 3.2% in August. In terms of payrolls, job growth recently ground to a halt, adding a paltry 12,000 jobs to the economy in October (market consensus: 113,000). While this was a surprise, the lower-than-expected print was influenced by weather and strikes, therefore, the Fed are likely to overlook this print and emphasise that attention needs to be on longer-term trends. Unemployment remained unchanged at 4.1%, and wage growth accelerated, which is concerning, with both month-on-month and year-on-year measures showing increases. The latest figures also show that Q3 24 Gross Domestic Product (GDP) grew by an annualised rate of 2.8% (according to the first estimate), defying analyst expectations of 3.1% and the 3.0% reading in Q2. One of the main drivers behind the economy’s resilience was robust consumer spending (up 3.7%). Dollar Index on the Ropes Realistically, longer-term chart studies on the monthly timeframe reveal that the USD has largely been directionless since the beginning of 2023, fluctuating between 100.82 and 107.35. Note that the lower edge of the said range is joined by the 50-month simple moving average (SMA) at 100.44. However, while the greenback is trading mid-range on the monthly timeframe, price action on the daily timeframe recently crossed beneath its 200-day SMA at 103.83 after shaking hands with resistance at 104.55 in late October. Technically, assuming a daily close beneath the noted SMA, further underperformance could be seen in the USD towards support at 102.78.
TVC:DXYShort
by FPMarkets
US Election, FED Rate Cut, 1,200+ earnings - Here we go!!!It's Election Eve and I thought it was important to share how I'm positioning for the US Election and all of the craziness that it may bring. Maybe it's all hype, maybe it's the truest test of US Democracy, maybe it's the beginning of the end. I'm not going to opine on political preference. I'm simply going to focus on current levels and what's in play. Pullback levels for me are all pretty visually friendly with EMA combos on the Daily and Weekly charts. We are 3-4% off from recent highs, the market wasn't in love with Mag 7 earnings last week, pre-election jitters are fairly obvious, and the market will be looking for a reason to do something. Expect volatility - and I hope it's nothing wild and crazy like Aug 1-5. I discuss the potential concern for a US Election where a winner is not declared and we wait days or longer for an official winner. Also a phenomenon is the Wednesday close for the S&P tends to show solid short-term direction, but I believe that's only if we see a winner Tuesday night for election night (just my opinion). I'm hedged, alerts are set, it's all happening whether we like it or not. Focus on what you can control in your trading and let's figure it out. Thanks for watching!!!
NASDAQ:NDX
by ChrisPulver
2
Russell 2000 Short: Expecting 3rd WaveI haven't updated Russell 2000 in a while since I suggested the triple combination and a short. Nevertheless, here's the updated wave counts since then and right now I see another opportunity to short. As you can see, the stop is above recent high. However, I also put in a note that says to be ready for a z-wave. Meaning the small upmove recently could be a wxyxz instead of a simple abc. I am not sure why, but it seems like triple combinations are getting more and more common and one really has to be wary of such persistently unhealthy correction.
PEPPERSTONE:US2000Short
by yuchaosng
Elliott Wave View Looking for Dollar Index (DXY) to Rollover to Short Term Elliott Wave View on Dollar Index (DXY) suggests that rally to 104.63 ended wave ((4)). This completed cycle from 9.27.2024 low and the Index should either resume lower in wave ((5)) or pullback in 3 waves at least. The Index has started to turn lower and we are calling the move lower from wave ((4)) high as a diagonal 5 waves. Down from wave ((4)), wave (i) ended at 103.98 and wave (ii) ended at 104.43. Wave (iii) lower ended at 103.82, wave (iv) ended at 104.19, and wave (v) lower ended at 103.68. This completed wave ((i)) in higher degree. Rally in wave ((ii)) ended at 104.35. Index resumed lower in wave ((iii)) towards 103.63 and wave ((iv)) ended at 103.83. Final leg wave ((v)) ended at 103.57 which completed wave 1 in higher degree. Wave 2 rally is in progress with internal subdivision as a zigzag Elliott Wave structure. Up from wave 1, wave ((a)) is expected to end soon, then it should pullback in wave ((b)), before the Index rallies higher again in wave ((c)). This will complete wave 2 in higher degree before the Index resumes lower. As far as pivot at 104.63 high stays intact, expect rally to fail in 3, 7, or 11 swing for further downside.
D
by Elliottwave-Forecast
1
GER30 I Bearish Reversal Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 19,330.78, which is a pullback resistance and a 50% Fibonacci retracement. Our take profit will be at 19,036.94, an overlap support level. The stop loss will be at 19,661.66, a multi-swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:GER30Short
by FXCM
1
Market Talk Once upon a time, in a world where numbers ruled the land, there was a legendary figure known as The Market. The Market was ancient—older than any civilization, wiser than any philosopher, and as unpredictable as the tides. It was made up of all the economic factors in existence: supply and demand, inflation and deflation, bull runs and bear traps, fear and greed. And although it had no gender, age, or human voice, The Market had a way of speaking to anyone willing to listen. One day, a curious investor asked, "Oh, great Market, what secrets do you hold? Tell us about yourself." The Market responded, its voice an invisible wave rippling through stock exchanges, algorithms, and boardrooms across the world. "I have been here since the dawn of civilization," The Market said, echoing through the electronic hum of trading screens. "You measure my age in years, centuries, but I was born in the whispers of the first trade, the barter of a tool for food. I am older than your kingdoms, your empires. I have no age you can calculate, for my age is the heartbeat of human desire." The investor nodded, captivated. "But why do you move the way you do? Why are you sometimes up, and other times down?" "Ah," The Market chuckled, a low rumble heard in the rise and fall of stock prices. "I am driven by forces you may understand, yet never fully control. Supply and demand, fear and greed—these are my lifeblood. When fear spreads, I fall, and when hope rises, I soar. My movements are both wild and calculated, shaped by millions of decisions made every second. I am not a single entity; I am the collective mind of all who trade within me." "But why must you be so volatile?" asked another trader, watching the numbers dance erratically on the screen. "Because without change, there is no growth. Without risk, there is no reward. I am the measure of human ambition, innovation, and failure. My volatility is a reflection of all your hopes and dreams, fears and uncertainties." "And will you ever stop?" asked a cautious observer, worried about recessions and bubbles. The Market answered, "As long as people aspire to gain, as long as there is something worth exchanging, I shall continue. I do not stop, for I am the pulse of progress. Even in decline, I pave the way for a new beginning. Just as economies collapse and rise anew, so do I." The Market fell silent, its invisible presence still lingering in the air. The investors left with a new understanding. They saw The Market for what it truly was—not just numbers and graphs, but the spirit of human ambition itself, timeless and infinite. In the end, The Market was not just a system or a tool. It was a mirror, reflecting humanity back at itself. And as long as people dreamed, strived, and dared, The Market would be there, speaking in its own language, to those who dared to listen. ------Galelelo bull-----
NSE:NIFTYEducation
by privatesparrowbs
USTEC is engulfed in uncertainty ahead of the US election Stock prices in the semiconductor companies declined after reports that the US government instructed major companies to cut China companies from their supply chains. NVIDIA's gains diminished to a 0.48% increase, while the Philadelphia Semiconductor Index dropped by 0.55%. Additionally, Warren Buffett's decision to sell US stocks and secure cash negatively affected the overall US index. Berkshire Hathaway reduced its stock holdings from 905 million shares at the end of last year to 300 million shares by the end of September, including a significant sell-off of Apple stocks this year. USTEC briefly tested 20140 but failed to hold above the 20000 threshold. After slipping back to the channel's lower bound, the index awaits further price triggers. If USTEC breaches the resistance after re-entering the channel, the index may gain upward momentum toward the 20680 high. Conversely, if USTEC fails to enter the channel and retreats to 19700, the index may fall further to the support at 19520.
NASDAQ:NDX
by inkicho_exness