About: luna
Recent Posts by luna
Week ahead: PCE data to play integral role in Fed rate decisions
The Dow Jones and S&P 500 both ended their multi-week winning streaks, a shift driven by economic data that came in hotter than expected. This unexpected resilience in the economy has prompted many to push back their expectations for Federal Reserve rate cuts, creating greater caution in interest rate-sensitive sectors. Meanwhile, the Nasdaq is set Continue Reading
Degen lifestyle of a forex trader: Living the dream or highway to hell?
Flip, eat, sleep, repeat – such is the degen lifestyle of a forex trader. While majority of people are still debating about on-site jobs, hybrid work or full remote opportunities, degens traders are thriving on market volatility in attempt to tenfold or even hundredfold their small capital, living the dream lifestyle of many. Or at Continue Reading
Week Ahead: Flash PMI to reveal APAC economic health and growth trends
The flash PMI data release slated this week in India, Japan, and Australia will be closely watched by investors and analysts. April’s data highlighted robust growth across these economies. India continued to grow at one of the strongest rates seen in the past 14 years. Australia’s expansion was running close to a two-year high, while Continue Reading
In the EV boom, some traders like this Share CFD better than Tesla
Tesla tends to dominate the headlines in the EV market, but Chinese EV brands could potentially seize the crown. After Tesla’s bumpy Q3 2023 earnings report, traders and investors are starting to scout around for alternatives in the EV market to park their money. Tesla expanded their revenue by a mere 9% YoY, while earnings Continue Reading
Why scalping may be a viable trading strategy for you this year
Imagine this: You’re seated before a bank of screens, each flickering with real-time market data. Your hands poised above the keyboard, ready to make your move. This is the world of scalping in trading—a fast-paced, high-stress arena where fortunes can be made in the blink of an eye. Scalping isn’t just a trading strategy; it’s Continue Reading
