Hey everyone, just wanted to update you on some major movements in the oil market that could impact your trading strategies. Oil futures are down over 6% this week, marking the biggest decline since early September. This drop is largely due to China’s economic slowdown and reduced global oil demand forecasts from OPEC and the International Energy Agency. Brent crude is now trading around $73.56, and U.S. crude is at $69.72. China has also implemented stimulus measures, injecting 800 billion yuan into their markets, but concerns about demand recovery remain. Additionally, tensions in the Middle East are still being monitored, which could create sudden price spikes. Stay alert to these changes as they could lead to short-term opportunities, especially in commodities trading. **Source : https://www.reuters.com/business/energy/oil-edges-up-track-biggest-weekly-loss-over-month-2024-10-18/

One day, I’ll drop some deep insights on all things trading probabilities… but for now, I’ve got a question for you 😁 Are you more into high win rates, or do you live by the risk/reward ratio? 🤔 And when those negative strikes come knocking, how do you manage to keep calm and stick to your strategy? 😅 I’d love to hear your thoughts in the comments! 💬👇

Hey everyone! 👋 I am back with a new question 😁, what’s one strategy or tool you’ve recently started using that’s made a difference in your trading or investments? How has it changed the way you operate? I’d love to hear your experiences😄

$2680 was a strong bearish momentum zone. If you've watched our free course, you'll recognize that this trade followed the exact steps we provided. We've just hit the 2.2RR, and now our stop-loss is set at the entry point. A follow-up update will be provided soon. If you'd prefer a more hands-off approach, consider using our trading bots—they handle all the heavy lifting for you.