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  1. Welcome to Traders Laboratory

    1. Beginners Forum

      Interested in trading but don't know where to start? Post any questions you may have here.

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    2. General Trading

      Anything related to trading and the markets goes here.

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    3. Traders Log

      Forum for EOD trade logs and feedback.
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    4. General Discussion

      Need to take a break? Talk politics, business, entertainment, etc... Anything goes!
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    5. Announcements and Support

      Have any questions regarding the site? Submit a support ticket here and check for important announcements and messages by Traders Laboratory.

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  2. The Markets

    1. Market News & Analysis

      Forum dedicated to news, fundamental outlook, intermarket analysis, and macro & micro analysis.

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    2. E-mini Futures

      S&P, Dow, Nasdaq, Russell, Dax and more - index futures

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    3. Forex

      Discussion forum for Forex traders - all forex pairs

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    4. Futures

      Trading commodities and currency futures

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    5. Stocks

      Stock traders discuss your trading here

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    6. Options

      Options traders discuss all your long and short term options trading here

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    7. Spread Betting & CFDs

      Discuss methods and techniques for spread betting and CFDs

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  3. Technical Topics

    1. Technical Analysis

      The technical discussion forum for traders.

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    2. Automated Trading

      Black box systems, strategy automation, algorithmic trading, etc...
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    3. Coding Forum

      Collaborate, receive help, or discuss indicators and other coding-related topics
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    4. Swing Trading and Position Trading

      Discussion forum for swing trading strategies, ideas, and insights. Shorter term swing trading and longer term position trading.
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    5. Market Profile

      Are you a market profile trader? Post here.
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    6. The Wyckoff Forum

      Welcome to the Wyckoff trading forum.

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    7. Volume Spread Analysis

      Dedicated for VSA method and trading.
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    8. The Candlestick Corner

      All about candlestick charting.

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    9. Market Internals

      Discussion forum on market internals, pit noise/action, and price action to determine the overall strength/weakness of the markets.
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    10. Day Trading and Scalping

      Discuss methods and techniques for intraday trading. Day trading and scalp traders meet here.

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    11. Risk & Money Management

      Risk and money management related topics.

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    12. Trading Psychology

      How do we learn to conquer our fear and greed? Discuss the mental aspects of the game.

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  4. Trading Resources

    1. Trading Indicators

      Share, download, and discuss trading indicators.
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    2. Brokers and Data Feeds

      Discuss brokers and data feeds here - forex, futures, stock, options
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    3. Trading Products and Services

      Section for discussing trading-related products and services.
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    4. Tools of the Trade

      Discussion forum for software, hardware, and computer related topics
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    5. The Marketplace

      Buy, sell, trade. No commercial vendors allowed!
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    6. Commercial Content

      Section for commercial posts and advertisements

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    7. Listings and Reviews

      See trading product listings and reviews. Covers trading platforms, brokers, books, services and software

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    8. Trading Dictionary

      Terms and definitions for active trading, forex, futures, stocks, and options
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    9. Trading Articles

      A collection of articles and resources. Feel free to submit your articles using our article guidelines.
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  • Posts

    • SMMT Summit Therapeutics stock watch for breakout at https://stockconsultant.com/?SMMT  
    • MRO Marathon Oil stock trending higher, watch for a top of range breakout at https://stockconsultant.com/?MRO
    • Date: 19th July 2024.   Global Stocks Tumble as Risk Appetite Plummets!   US ECONOMY The NASDAQ declines for a third straight day and fell to its lowest level for July. Netflix Quarterly Earnings Report unable to support US indices. The Dow Jones loses momentum after 6 straight bullish days. The US Dollar Index attempts to regain losses from earlier in the week and trades 0.65% higher than yesterdays The British Pound comes under pressure from the decline in Retail Sales. However, the New Zealand Dollar continues to be the worst performing currency. GBPUSD   The British Pound against the US Dollar is losing momentum for two reasons. The first is that the exchange rate is largely being driven by the Dollar which has risen in value across the board. The US Dollar Index is attempting to regain loses from earlier in the week and trades 0.65% higher than yesterdays open. This is partially due to the lower price but also the lower investor sentiment as stocks falls over the past 3 trading days.     The second reason is the poor economic data from the UK which is likely to pressure the Bank of England to adjust interest rates at the next meeting. According to economists a 25-basis point cut at the next meeting is not yet certain. However, a cut will take place either on the 1st of August or September 19th unless something drastic changes. The poor data includes the number of new unemployed individuals which has considerably risen over the past 2 months. This morning, the UK government also confirmed Retail Sales has fallen 1.2% which is double the decline previously expected.   For the US, weekly employment data was released yesterday: the number of Unemployment claims rose by 243,000, exceeding both the forecast of 229,000 and the previous figure of 223,000. Additionally, the total number of citizens receiving government assistance increased from 1.847 million to 1.867 million, raising the likelihood of interest rate adjustments in September. According to most analysts, the rate cut for September is fully priced in at around 103.20 for as long as other central banks also adjust.   The US Federal Reserve’s Beige Book, published this week, indicates that economic activity is growing at a moderate pace, but businesses expect a slowdown over the next six months due to the US election campaign and consumers struggling with prices. However, the lower risk appetite is triggering higher demand for the Dollar over the past 48 hours. It’s vital investors continue to monitor the US Dollar Index while analysing the GBPUSD.   The price of the exchange is now trading below the 75-Period EMA and below the 50.00 on the RSI. This indicates low sentiment towards the Pound and bearish control for the time being. Fibonacci retracement levels indicate a sell signal will arise at the 1.29290 price whereas the breakout level indicates 1.29261. however, if the price rises above 1.29400 or the trendline, short-term sell signals become unlikely.   USA100   The price of the NASDAQ has now fallen for 3 consecutive days but did see less downward momentum compared to Wednesday’s collapse. The index has now fully corrected the gains for the first 2 weeks of the month and is trading close to the previous support level. However, as previously mentioned, due to the higher economic risk, investors will most likely need strong earnings data to be tempted to purchase the discount unless the price becomes even more favourable.     The price of Bond Yields has risen during this morning’s Asian session and the VIX is also trading slightly higher. The VIX this week has already added almost 10% which indicates a significant decline in risk appetite. In addition to this, the poor data from the rest of the world’s leading economies can also damage sentiment towards stocks. Currently the biggest indication for short term upward price movement is the lower price and potential upcoming earnings data.   Netflix has released their earnings report overnight. The company’s earnings read 2.40% higher than expectations at $4.88 and revenue was 3 million higher than expectations. However, the stock is yet to see any major volatility or support. Currently the stock trades 0.18% lower.     Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou Market Analyst HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • FOXF Fox Factory stock watch for an upside gap breakout at https://stockconsultant.com/?FOXF
    • ROKU stock nice rally off the 53 support area, watch for a bottom breakout above 66.51 at https://stockconsultant.com/?ROKU  
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