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Wednesday 7 February 2024

Stock Market Update: Dow Jones Poised for a Steady Start

US stocks wrapped up Tuesday’s trading session on a positive note with the Dow Jones Industrial Average (^DJI) spearheading the gains and rising approximately 0.3%. 


The S&P 500 (^GSPC) was also in the green, recording a modest climb of around 0.2%, while the Nasdaq Composite (^IXIC), despite early losses, managed to finish the session favorably.

Dow Jones Daily Chart

Dow Jones Daily Chart

Key Takeaways

  • Solidion Technology Inc., Sagimet Biosciences Inc., Reborn Coffee, Inc., FibroBiologics, Inc., and DDC Enterprise Limited experienced significant losses in their share prices.
  • The highest loss was witnessed by Solidion Technology Inc., with a decrease of 30.69%.
  • Palantir Technologies Inc. saw a substantial increase in their share prices by 30.80%.
  • New York Community Bancorp, Inc.’s shares declined by 22.22%.
  • Tesla, Inc. and Ford Motor Company experienced a slight increase in their share prices by 2.23% and 4.14% respectively.
  • High trading volumes were seen for Palantir Technologies Inc. and New York Community Bancorp, Inc.
  • Tesla, Inc. has the largest market capitalization at $589.50B.

Top Gainers

CompanyTicker% GainPriceTrading VolumeMarket Cap
Zenvia Inc.ZENV52.14%$1.786,452,422$32.17M
Immunome, Inc.IMNM36.91%$23.111,947,733$987.49M
Adverum Biotechnologies, Inc.ADVM30.89%$2.506,453,400$252.57M
Palantir Technologies Inc.PLTR30.80%$21.87417,791,209$47.57B
Sonida Senior Living, Inc.SNDA24.04%$11.2525,526$92.00M

Top Losers

CompanyTicker% LossPriceTrading VolumeMarket Cap
Solidion Technology Inc.STI-30.69%$2.10194,585$32.30M
Sagimet Biosciences Inc.SGMT-30.37%$6.355,886,194$202.54M
Reborn Coffee, Inc.REBN-29.17%$2.72180,942$36.07M
FibroBiologics, Inc.FBLG-28.26%$10.3384,226$291.90M
DDC Enterprise LimitedDDC-27.27%$2.00275,672$38.10M

Most active

CompanyTickerTrading VolumePrice% ChangeMarket Cap
Palantir Technologies Inc.PLTR417,791,209$21.8730.80%$47.57B
New York Community Bancorp, Inc.NYCB145,867,274$4.20-22.22%$3.03B
Tesla, Inc.TSLA119,233,688$185.102.23%$589.50B
NIO Inc.NIO86,035,909$6.0312.08%$9.47B
Ford Motor CompanyF83,842,760$12.074.14%$47.46B

Earnings Updates

Ford (F) shares experienced an upward trajectory of more than 6% in after-hours trading following the car manufacturer’s 2024 adjusted Ebit guidance, which surpassed Wall Street expectations. On the other hand, Snap (SNAP) didn’t fare as well, with shares plummeting 30% in after-hours trading due to the company falling short of revenue estimates.

Other Performers

Earlier in the day, Spotify (SPOT) shares surged on the back of strong guidance, and Eli Lilly’s (LLY) stock also saw an stock uptick following a profit forecast for 2024 that exceeded estimates. However, shares of New York Community Bank (NYCB) took a hit, dropping more than 22%.

Market Trends

Despite uncertainties surrounding when the Fed will implement interest rate cuts and the impact of the Federal Reserve maintaining interest rates at historic highs, earnings have yielded an above-average beat, bolstering recent stock market advancements.

Housing Stocks and Fed Rate Cuts

Housing stocks were under pressure on Tuesday as hopes for Federal Reserve rate cuts starting next month began to wane. Companies like Toll Brothers (TOL), D.R. Horton (DHI), and Lennar (LEN) each saw a drop of more than 1% in afternoon trading.

Fed Chair’s Statements

Investors were busy digesting remarks from several Federal Reserve officials regarding potential interest rate cuts, as well as absorbing a new wave of quarterly results.

Fed Chair Jerome Powell reiterated on Sunday that the chances of the Fed initiating a process of interest rate cuts next month were slim. Despite the average rate on a 30-year mortgage remaining above 6.6%, Powell stated that these costs are part of the journey back to price stability.

Market Snapshot

The Dow Jones Industrial Average made gains Tuesday morning, while Palantir Technologies (PLTR) enjoyed a surge thanks to its robust artificial intelligence business positively influencing the company’s quarterly results. Meanwhile, Tesla shares rebounded after an analyst downgrade.

Following the opening bell, the Dow Jones Industrial Average rose 0.4%, the S&P 500 increased 0.3%, and the tech-heavy Nasdaq Composite climbed 0.2%. In the realm of U.S. exchange-traded funds, the Nasdaq 100 tracker Invesco QQQ Trust (QQQ) gained 0.2%, and the SPDR S&P 500 ETF (SPY) was up 0.3%.

Spotlight on Alibaba, Walt Disney, TotalEnergies, and Uber Technologies

In the world of earnings reports, investors are keenly awaiting results from several industry giants today. Alibaba Group Holding Limited, with a market cap of $191.48 billion, is anticipated to share its latest financials. The e-commerce titan has been navigating through regulatory hurdles in its home country of China, making this report particularly significant for market watchers.

Similarly, The Walt Disney Company, with a market capitalization of $176.9 billion, is slated to release its earnings report. As the entertainment industry continues to recover from pandemic-related disruptions, analysts will be eager to see how Disney’s diverse portfolio, especially its streaming services, have performed.

TotalEnergies SE, a French multinational integrated oil and gas company valued at $167.28 billion, is also on deck to reveal its quarterly results. With fluctuating energy prices and the global push toward renewable energy sources, the company’s performance and future strategies will be under scrutiny.

Finally, Uber Technologies, Inc., with a market cap of $141.97 billion, will disclose its financials. As the ride-hailing and food delivery service continues to adapt to changing consumer behaviors and regulatory landscapes, investors will be closely monitoring its growth trajectory and profitability.

These earnings reports will offer valuable insights into the health and future prospects of these key players across various sectors. Stay tuned for further updates.

Read next:


Disclaimer:

All information has been prepared by TraderFactor or partners. The information does not contain a record of TraderFactor or partner’s prices or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may read it. Past performance is not a reliable indicator of future performance. 

FOLLOW US

Author

  • Zahari Rangelov

    Zahari Rangelov is an experienced professional Forex trader and trading mentor with knowledge in technical and fundamental analysis, medium-term trading strategies, risk management and diversification. He has been involved in the foreign exchange markets since 2005, when he opened his first live account in 2007. Currently, Zahari is the Head of Sales & Business Development at TraderFactor's London branch. He provides lectures during webinars and seminars for traders on topics such as; Psychology of market participants’ moods, Investments & speculation with different financial instruments and Automated Expert Advisors & signal providers. Zahari’s success lies in his application of research-backed techniques and practices that have helped him become a successful forex trader, a mentor to many traders, and a respected authority figure within the trading community.

Tuesday 6 February 2024

Forex Market Imbalance and How to Use It

Are you looking to enhance your profitability in Forex trading? Understanding forex market imbalance is a crucial step to achieving this goal. The Forex market is constantly changing, and identifying market imbalances can help traders make profitable decisions.

In simple terms, a forex market imbalance occurs when there is an excess of demand or supply for a particular currency pair. A trader who can identify these imbalances and react accordingly can profit from the market’s movements.

In this discussion, we will delve deeper into the concept of market imbalance forex and show you how to use them to increase profitability. We’ll share examples of real-world trading scenarios and provide insights into the different trading strategies that traders can employ.

So, whether you are a novice or an experienced trader, this guide will provide the necessary information to improve your Forex trading skills. Read on;

Forex Market Imbalance

Overview: Forex Market Imbalance

Market imbalance, also known as supply and demand imbalance, is a situation in the forex market where the number of buyers and sellers is unequal, creating an opportunity for traders. Here’s an explanation using currency pairs:

Identifying Imbalances with Currency Pairs

Let’s take the EUR/USD pair as an example. You, as a trader, are constantly analyzing charts to identify areas where significant buying or selling has occurred – these are your demand (support) and supply (resistance) zones respectively.

If you notice that at a certain price level, say 1.2000, the EUR/USD pair has consistently fallen in the past, this level is considered a supply zone. It means that at this level, there’s an excess of supply (sellers) over demand (buyers) causing the price to fall.

Conversely, if at a price level of 1.1000, the EUR/USD pair has historically risen, this level becomes a demand zone. This suggests that at this price, there’s more demand (buyers) than supply (sellers), pushing the price up.

Trading on Imbalances with Currency Pairs

Once these supply and demand zones are identified, you wait for the price to return to these levels.

If the price of the EUR/USD pair approaches the supply zone (1.2000), you would look to sell, expecting that there will be an excess of sellers which will drive the price down. Conversely, if the price approaches the demand zone (1.1000), you would look to buy, predicting that an excess of buyers will push the price up.

Managing Risk with Stop Loss and Profit Targets

As with any trading strategy, it’s important to manage risk by setting stop loss levels and profit targets. A stop loss is typically set just outside the supply or demand zone – if the price breaks through this level, it suggests that the imbalance may be shifting.

For instance, if you’ve sold at the supply zone (1.2000), you might place a stop loss at 1.2050. This means if the price goes against your prediction and starts to rise, your trade will automatically close at 1.2050, limiting your loss.

A profit target is set based on your assessment of potential price movement. For example, if you’ve bought at the demand zone (1.1000), you might set a profit target at 1.1500. If the price reaches this level, your trade will close, securing your profit.

How Imbalances of Forex Affect the Market

Market and global imbalances drive volatility in the Forex market. Understanding how they impact the global economy, investors, and central banks is crucial for traders looking to make informed decisions.

By staying up-to-date on market news and trends, traders can navigate these global imbalances and succeed in Forex trading.

Forex Market Imbalance

Changes in Exchange Rates

Market imbalances often lead to changes in exchange rates that can have far-reaching effects on the economy and monetary policy. For example, a sudden increase in the value of a particular foreign currency may cause its exports to become more expensive. This, in turn, may decrease the demand for such exports, leading to a trade deficit.

Conversely, a decrease in the value of another foreign or domestic currency can make exports from many countries cheaper, thereby boosting the global economy and currency prices.

Shifts in Market Sentiments

Market imbalances can also bring about shifts in emerging market sentiments. Investor confidence plays a critical role in the Forex of emerging market currencies. During times of uncertainty, investors tend to flock towards safe-haven currencies like the US dollar, while riskier currencies, like emerging market currencies, fall out of favour.

These shifts in sentiment can create significant volatility in the foreign exchange of emerging markets, leading to wild swings in the exchange rates and interest rates.

Central Bank Intervention

Central banks use various tools to manage their currency’s value, such as setting interest rates or buying and selling currencies in the market. When central banks intervene, economists say they can affect the economy, investor sentiment and outlook toward other countries’ economies and influence exchange rates. For example, economists say if the Federal Reserve raises interest rates, inflation may please foreign investors and cause the US dollar to appreciate relative to other currencies.

Economic Impacts

Market imbalances can have significant economic impacts beyond the Forex market. Changes in exchange rate rates and global imbalances between currencies, countries and economies can lead to inflation or deflation, affecting the purchasing power of consumers. Trade imbalances between an economy country or countries can also create economic distortions, such as when a country or economy imports more than it exports, leading to a trade deficit.

Forex Market Imbalance

Types of Forex Market Imbalances

The world Forex and other external assets, debt and credit market is constantly in flux, with exchange rates and demand for foreign currencies and other external assets and debt also continually changing. Several global imbalances also can occur in various countries, the euro debt and dollar debt market, each having distinct impacts on world foreign currency and external debt and credit trading.

Order Imbalances

Order imbalances occur when a significant difference exists between the number of buy and sell orders for a particular currency pair. These imbalances can cause price disruptions that trigger chain reactions, resulting in sudden price movements. For example, if there are more buy orders than sell orders for a currency pair, it could increase its value.

Supply/Demand Imbalances

Supply/demand imbalances occur in economies when there is an excess supply of domestic currency or demand for a particular currency pair. These imbalances can result in significant price movements in domestic currency, potentially leading to inflation and increased market volatility. For example, a weaker dollar and a high demand for dollars or a weak euro in a currency pair could lead to a weaker dollar or an increase in its value.

Liquidity Imbalances

Liquidity imbalances occur when there is insufficient trading volume for a particular currency pair. Low trading volume can lead to wider bid-ask spreads, which increases transaction costs. This can create challenges for traders looking to enter or exit a position in that currency pair. For example, liquidity imbalances can occur during holidays or weekends when trading activity is low.

Information forex market Imbalance

Information imbalances occur when one party has access to more information than others. This information can be used to make informed trading decisions ahead of other market participants, leading to increased volatility in the market.

For example, suppose a central bank announces an unexpected change in its interest rate or rates. In that case, market participants who have access to that information can use it to their advantage by entering or exiting trades before others.

Strategies for Navigating Forex Market Imbalance

Traders and investors can use several strategies to navigate market imbalances. One approach is to implement stop-loss orders, which can limit potential losses in case of sudden price movements.

Technical analysis can also help traders identify patterns in the market that can inform their trading decisions. Monitoring market news and events can also help traders stay informed about factors that may impact the Forex market.

Techniques for Identifying Forex Market Imbalance

Identifying imbalances in the Forex market is crucial for traders looking to make informed decisions. By understanding market movements and patterns, traders can take advantage of imbalances in the market to maximize their gains.

Price Action Analysis

Price action analysis involves studying and using historical price movement patterns to predict future price movements. This technique analyses candlestick charts, support and resistance levels, and chart patterns. Traders can use price action analysis to identify trends, reversals, and breakouts, which can provide insights into potential imbalances in the market.

Volume Analysis

Volume analysis involves studying trading volume data to identify imbalances in the market. High trading volume indicates strong market sentiment and increased buying or selling pressure. Traders can use volume analysis to identify potential trend reversals, breakouts, and trading opportunities.

Low trading volume can also indicate liquidity imbalances, which can lead to wider bid-ask spreads and increased transaction costs.

Order Book Analysis

Order book analysis involves studying outstanding orders for a particular currency pair. This technique provides a real-time view of supply and demand imbalances in the market.

Traders can use order book analysis to identify potential price levels where large orders are present, which can act as support or resistance levels. By monitoring order book imbalances, traders can make informed decisions and take advantage of market movements.

News Analysis

News analysis involves monitoring the latest news and events that may impact the Forex market. Economic releases, geopolitical events, and central bank announcements can significantly impact foreign exchange rates and investor sentiment.

By staying up-to-date on market news and events, traders can anticipate potential imbalances in the foreign exchange market and adjust their trading strategies accordingly.

Trading Strategies That Take Advantage of Forex Market Imbalances

Forex imbalances occur in the global financial crisis and markets when there is a significant difference between the number of buys and sell orders for a one-dollar or particular currency pair, resulting in higher price disruptions, financial instability and volatility in the market. 

Order Flow Trading

By closely examining the foreign exchange imbalance using capital flows using world financial markets and monitoring the current account balance, trade and buying and selling behaviour of foreign currencies in almost all countries and market participants, you can spot potential market imbalances.

With careful analysis of order book, capital flows, current account balance and volume data, you can pinpoint areas of liquidity disparities between economies and countries.

Armed with this valuable information, you can strategically enter trades in the direction of the imbalance, capitalizing on potential price fluctuations.

Imagine the opportunities when you identify a significant order imbalance on the currency side, with more buy orders than sell orders. This insight could lead to a profitable long position on the trade of a currency pair, anticipating a price rise or surge.

Advantages

  • Can provide insights into potential market movements
  • It can be used in conjunction with other trading strategies

Disadvantages

  • Requires advanced knowledge of order book analysis
  • It may not be suitable for all traders due to its complexity

News Trading

News trading involves monitoring economic releases, geopolitical events, financial instability, monetary policy, financial markets and central bank announcements to anticipate potential market movements.

This advanced strategy involves scrutinizing how news events, monetary policy and financial markets may affect the Forex market and making precise trades based on that analysis.

Picture this: a promising economic release for the dollar suggests an outlook for robust dollar growth – seize the opportunity by using dollars and going long on the currency in dollar question, anticipating a dollar rise and a surge in dollar inflation, imports and dollar demand.

Advantages

  • Can provide opportunities for high-profit trades
  • It can be used in conjunction with other trading strategies

Disadvantages

  • Requires quick reactions to breaking news
  • This can lead to increased volatility and risk in the market

Mean Reversion Trading

Mean reversion trading involves identifying currency pairs that have deviated from their long-term average and entering trades in the opposite direction, anticipating a price correction.

By analyzing technical indicators, this strategy helps identify opportunities when a currency pair is either overbought or oversold. When a pair becomes overbought, you can enter a short position, taking advantage of predicting a potential price correction.

Advantages

  • Can provide opportunities for high-profit trades
  • It can be used in conjunction with other trading strategies

Disadvantages

  • Requires advanced knowledge of technical analysis
  • It may not be suitable for all traders due to its complexity

Breakout Trading

Breakout trading involves identifying key support and resistance levels in the market and entering trades when these levels are broken. Here, it would help if you analyzed price action patterns to identify potential breakout points.

For example, a currency pair has been trading weak or within a range for a while. When the upper resistance level or higher price finally breaks, a trader could seize the moment and enter a long position, expecting a surge in demand for that particular currency pair.

Advantages

  • Can provide opportunities for high-profit trades
  • It can be used in conjunction with other trading strategies

Disadvantages

  • It may require patience to wait for breakout points to occur
  • This can lead to increased volatility and risk in the market

Scalping

Scalping involves entering and exiting trades quickly to take advantage of short-term price movements in the market. By analyzing charts and identifying potential imbalances, you can enter and exit trades quickly, all while minimizing risk with tight stop-loss orders.

For example, if there is a sudden price spike or fall in the balance of a currency pair, a trader may enter a short-term trade in the direction of the imbalance, taking profit after a small price movement.

Advantages

  • Can provide opportunities for high-frequency trading
  • It can be used in conjunction with other trading strategies

Disadvantages

  • Requires quick reactions and advanced knowledge of technical analysis
  • It may not be suitable for all traders due to its risks and complexities

forex market imbalance

Risks Associated With Trading Forex Imbalances

Forex imbalances occur when a significant difference exists between the number of buy and sell orders for a particular currency pair. These imbalances can cause price disruptions and volatility in the market, leading to risks for traders. Traders need to be able to identify potential imbalances before making trades.

Market Volatility

Market volatility is a significant risk associated with currencies in many countries with forex imbalances. Imbalances can lead to sudden price movements and increased volatility in the market. Traders must be prepared for the potential risks of market volatility and ensure they have appropriate risk management strategies.

These include; implementing stop-loss orders, setting profit targets, and using appropriate position sizing to manage market volatility.

Liquidity Risk

Liquidity risk is another potential risk that traders need to be aware of when trading forex imbalances. Imbalances can lead to liquidity issues in the market, resulting in wider bid-ask spreads and increased transaction costs. Traders should consider liquidity risk and ensure they have adequate capital to enter and exit trades. You can also monitor bid-ask spreads to ensure they are not excessively wide.

Counterparty Risk

Counterparty risk refers to the risk that a counterparty may default on a transaction. This risk is particularly relevant for over-the-counter (OTC) transactions, which are not traded on an exchange. Traders should carefully consider the creditworthiness of their counterparties and ensure they have appropriate risk management strategies in place. Also, ensure you have appropriate insurance or collateral in place.

Regulatory Risk

Regulatory risk refers to the risk of regulatory changes that may impact the forex market. Traders must stay up-to-date with regulatory developments and comply with all applicable regulations. Also, seek legal advice when necessary.

Technology Risk

Technology risk refers to the risk of technological failures or cyber-attacks that may impact trading platforms or systems. Traders should ensure they have appropriate security measures to protect their trading accounts and systems. This includes using two-factor authentication and regularly updating passwords.

Forex Market Imbalance VS. Price Inefficiencies

Forex imbalance and price inefficiency are two distinct concepts in the realm of Forex trading, but they are interconnected.

Forex imbalance refers to a situation where the number of buyers and sellers in the market is unequal. For instance, a bullish imbalance occurs when there are more buyers than sellers, which can drive prices up. Conversely, a bearish imbalance is when there are more sellers than buyers, pushing prices down.

On the other hand, price inefficiency refers to situations where the current price of a currency does not reflect all available information[^6^]. These inefficiencies can occur due to various factors such as delays in disseminating information, irrational behavior of market participants, or gaps in price and full body candles.

The connection between these two concepts is that imbalances in the Forex market can lead to price inefficiencies. For example, a sudden surge of buying orders (creating an imbalance) can result in the price quickly increasing beyond its intrinsic value, creating a temporary price inefficiency. Traders who identify these inefficiencies can potentially profit by trading on them before the market corrects itself and the price returns to its efficient level.

However, it’s important to note that both imbalances and inefficiencies can be challenging to identify and trade on due to the dynamic and unpredictable nature of the Forex market. Therefore, these strategies should be used with caution and appropriate risk management measures.

Frequently Asked Questions About Forex Market Imbalance

What Is Forex Market Imbalance?

The forex market is a decentralized global marketplace where currencies are traded 24/7. The exchange of currencies takes place among various financial institutions, governments, corporations, and individuals worldwide.

In the forex market, imbalances occur when there is an excess of buy or sell orders for one dollar a euro a dollar, one dollar to euro a dollar, or dollar to one dollar, euro a dollar or euro a dollar particular currency pair. This overbalance leads to price fluctuations and volatility in the market.

What Are The Causes of Forex Market Imbalance?

Several factors can cause forex market imbalances. These factors include changes in economic conditions, political events, central bank policies, and various interest rate put rates and interest rate call differentials. Other factors contributing to imbalances include technical trading patterns, news releases, and order flow imbalances.

What Is The Impact of Forex Market Imbalance on Trading?

Forex market imbalances can present trading opportunities for traders looking to make profitable trades. Traders can take advantage of imbalances by entering trades in the direction of the imbalance and making profits as the market corrects itself. However, investing and trading with imbalances also come with risks, including increased volatility and liquidity risk. Therefore, traders need to be aware of the risks associated with investing and trading forex market imbalances and implement sound risk management practices.

What Are The Key Indicators of Forex Market Imbalance?

Traders and economists can identify potential forex market imbalances by analyzing technical indicators, prices, trading volumes, emerging market currencies, and order books. A good platform for this is TradingView or the Forex Factory. Some common indicators of a potential emerging market forex market imbalance include sudden price movements, increased trading volumes, and unusual spikes in market depth.

What Are The Benefits of Trading with Forex Market Imbalance?

Trading with forex market imbalances can allow traders to make profitable trades. By identifying potential imbalances and entering trades in the direction of the foreign exchange market imbalance, exchange rate or market imbalance, or the foreign currency such as Japanese yen or South Korean currency. Traders can take advantage of potential price movements and profit from their own currency or foreign investors.

What Are The Strategies for Trading with Forex Market Imbalance?

Some strategies traders can use to trade with forex market imbalances include order flow trading, news trading, breakout trading, and mean reversion trading. These strategies involve analyzing technical indicators, news releases, and order flow imbalances to identify potential trading opportunities.

What Are Risks Associated with Forex Market Imbalance Trading?

Trading with forex market imbalances comes with increased volatility, currency risk, liquidity risk, counterparty and currency risk, regulatory risk, and technology risk. Traders should implement sound risk management practices to mitigate these risks, including setting stop-loss orders, using appropriate position sizing, and carefully vetting counterparties.

What Are The Best Practices for Trading with Forex Market Imbalance?

To trade successfully with forex market imbalances, traders should stay up-to-date with market developments, monitor technical indicators, and focus on currency prices, current account deficit and trading volumes. They also need to have a solid understanding of their own currency, time the trading session to trade and currency risk management strategies. Traders should diversify their trading strategies across currencies and not rely solely on trading with forex market imbalances.

Conclusion

Forex market imbalances can present profitable trading opportunities for traders. However, it’s important to understand the risks associated with trading with forex market imbalances and implementing sound risk management practices. Traders must analyze technical indicators, trading volumes, and order books to identify potential imbalances and use appropriate trading strategies to exploit potential price movements. By staying informed, diversifying trading strategies, and practicing good risk management, traders can use forex market imbalances to succeed in the highly competitive market.

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Disclaimer:

All information has been prepared by TraderFactor or partners. The information does not contain a record of TraderFactor or partner’s prices or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may read it. Past performance is not a reliable indicator of future performance. 

FOLLOW US

Author

  • Zahari Rangelov

    Zahari Rangelov is an experienced professional Forex trader and trading mentor with knowledge in technical and fundamental analysis, medium-term trading strategies, risk management and diversification. He has been involved in the foreign exchange markets since 2005, when he opened his first live account in 2007. Currently, Zahari is the Head of Sales & Business Development at TraderFactor's London branch. He provides lectures during webinars and seminars for traders on topics such as; Psychology of market participants’ moods, Investments & speculation with different financial instruments and Automated Expert Advisors & signal providers. Zahari’s success lies in his application of research-backed techniques and practices that have helped him become a successful forex trader, a mentor to many traders, and a respected authority figure within the trading community.