Forex Trading News and Signals

⭐️You asked ㅡ we answered! These 5 tips can help you spot retracements and use them to your benefit.

1️⃣ Use the Fibonacci levels
1. In an uptrend, drag it from the bottom to the right, extending it to the top of the trend.
2. Focus on the key retracement areas at levels 0.236, 0.382 and 0.618.
3. Open an Up trade within these areas.

2️⃣ Look for reversal patterns
A Bullish hammer, Bullish engulfing or another reversal pattern improves your chances of a successful Up trade.

3️⃣ Apply indicators
Oscillators like MACD and RSI can provide confirmation for your trade.
Example: MACD has reached its lowest point and is moving towards 0. It’s an extra signal that the price is likely to rise.

4️⃣ Follow risk management rules
✔️Keep the trade amount below 10% of your account balance.
✔️When trading in FX, use SL and TP with risk/reward ratios like 1:2 or 1:3.

5️⃣ Be patient
Waiting for a good entry point is a strategy that can lead to exceptional results.

📉Link to register 👉 https://olymp.gl/BuOqg
✨ @olymptradersignal

From May 1 to 27, Tesla (TSLA) stock surged 29.6%, jumping from $280 to $363 — the strongest monthly gain this year 🚀

Reasons behind the rise:
🤖 Robotaxi launch. Tesla announced a limited robotaxi service starting in June, boosting interest in the company leading autonomous transport.
📈 FSD subscriptions. Over 200,000 active Full Self-Driving (FSD) subscriptions are providing steady revenue and positive investor sentiment.
🚗 Strong deliveries. Tesla delivered over 520,000 cars in Q1, beating revenue expectations.

How to trade on Tesla’s volatility:
- Its daily moves of 3% to 6% are great for short-term trades.
- Use strategies based on support and resistance levels.
- Follow sales reports, tech updates and Elon Musk’s statements.

⚡ Example trade on 💚💚💚💚:
Deposit: $100
Trade amount: $30
Leverage: 20x

If the price changes by 3% with 20x leverage, you coud make a profit that’s 60% of your trade amount:
$30 × 3% × 20 = $18 (+60%)


📌 Link to register 👉 https://olymp.gl/BuOqg
✨ @olymptradersignal