🍪 Cookies

We use cookies to store, access and process personal data to give you the best online experience. By clicking Accept Cookies you consent to storing all cookies and ensure best website performance. You can modify cookie preferences or withdraw consent by clicking Cookie Settings. To find out more about cookies and purposes, read our Cookie Policy and Privacy Notice.

Cookies settings


Cookie Control

What are cookies?

Cookies are small text files that enable us, and our service provides to uniquely identify your browser or device. Cookies normally work by assigning a unique number to your device and are stored on your browser by the websites that you visit as well as third-party service providers for those website. By the term cookies other technologies as SDKs, pixels and local storage are to be considered.


If Enabled

We may recognize you as a customer which enables customized services, content and advertising, services effectiveness and device recognition for enhanced security
We may improve your experience based on your previous session
We can keep track of your preferences and personalize services
We can improve the performance of Website.


If Disabled

We won't be able to remember your previous sessions, that won't allow us to tailor the website according to your preferences
Some features might not be available and user experience reduced without cookies


Strictly necessary means that essential functions of the Website can not be provided without using them. Because these cookies are essential for the properly working and secure of Website features and services, you cannot opt-out of using these technologies. You can still block them within your browser, but it might cause the disfunction of basic website features.

  • Setting privacy preferences
  • Secure log in
  • Secure connection during the usage of services
  • Filling forms

Analytics and performance tracking technologies to analyze how you use the Website.

  • Most viewed pages
  • Interaction with content
  • Error analysis
  • Testing and Measuring various design effectivity

The Website may use third-party advertising and marketing technologies.

  • Promote our services on other platforms and websites
  • Measure the effectiveness of our campaigns

Trader's Diary

Economic calendar

January
2025
Definition of terms:
Earnings
IPOs
Splits
Week 3

USD/CAD – History repeats

Date: 29.3.2023

The US dollar has been in bearish structures since October 2022, representing short trading opportunities in the USD Forex pairs. I spotted one such opportunity on Wednesday morning in the USD/CAD market. The first thing that caught my attention in this market was the fact that the price was at the so-called support. Most retail traders had an open buy position with a stop-loss below this support. Since the dollar has been trending down lately, I wanted to take a sell position and thus go against most retail traders who are statistically at a loss. Given these contexts, my next step was to technically analyse this market and find a suitable place to place my order.

USD/CAD is forming a bullish market structure on the daily time frame, which is an unfavourable aspect, if I am interested in opening a sell position. But when I looked at it in more detail, I found that the price filled the key daily Imbalance zone and created a corrective bullish reaction. That represents an open path for one more wave of downward correction due to the filling of another Imbalance zone from which an impulsive upward movement can potentially begin about the daily trend. 

As I mentioned in the introduction, the price was at support in the one-hour time frame. Around 9:00 a.m. (UTC+2) there were multiple rejections of higher prices, which was reflected by candlestick formations, the so-called shooting star. The price expectedly fell below support (history repeats itself), and at that moment I was convinced that I wanted to sell this market. I set a pending order at the price of 1.36019, representing the one-hour Imbalance zone. I set the stop-loss order above the previous lower high of the structure and the place where the price refused to grow further. As I already mentioned, the price had space for a deeper correction on the daily time frame, so my take-profit was clear. Daily Imbalance zone at the level of 1.35141. 

The trade ended with a profit of 6%.*

Picture1

Chart 1 USD/CAD one-hour time frame 

* Past performance is no guarantee of future results.

Date: 15.1.2025
Nvidia’s Push into Health Care with AI

As I analyze the latest moves in the tech sector, Nvidia Corp. (NASDAQ: NVDA) has once again captured my attention with its ambitious expansion into health care. The company, known for its dominance in AI-focused chips, announced partnerships with industry giants Illumina Inc. and the Mayo Clinic, signaling a strategic push to revolutionize the $10 trillion global health-care market. This development is a clear indicator of Nvidia’s efforts to diversify beyond its core market of AI infrastructure for data centers.

Date: 8.1.2025
Microsoft’s AI Investment Signals a Bold Future

News about Microsoft Corp. (NASDAQ: MSFT) investing $80 billion in data center expansion this fiscal year has caught my attention as both a tech enthusiast and an investor. This staggering figure, more than 50% of which will be spent in the US by June 2025, underscores the immense capital demands of artificial intelligence – a sector that’s rapidly redefining the global tech landscape.

Date: 18.12.2024
Broadcom and Its "Nvidia Moment"

Broadcom Inc.’s (NASDAQ: AVGO) recent surge in the stock market feels like a déjà vu of Nvidia’s breakout in 2023. After posting impressive quarterly results, Broadcom shares skyrocketed 38% in just two days, pushing the company’s market cap close to $1.2 trillion.* The excitement stems from Broadcom’s projection of a $90 billion addressable market for its AI-focused components by fiscal 2027. Investors are asking: could this be the next big player in the AI revolution?

Date: 11.12.2024
TSMC Continues to Lead with Robust AI Demand

As I review my portfolio this month, Taiwan Semiconductor Manufacturing Co. (TSMC) remains a shining star, showcasing exceptional performance driven by surging demand for artificial intelligence (AI) hardware. In November alone, TSMC reported a remarkable 34% increase in sales, reaching NT$276.1 billion ($8.5 billion). These results highlight the company’s critical role as a supplier to major tech giants like Apple and Nvidia, as well as its pivotal position in the AI-driven transformation of data centers.

Date: 4.12.2024
Amazon Strengthens Its Position in Artificial Intelligence

Amazon.com Inc. (NASDAQ: AMZN) was the focus of my investing interest today when it announced significant moves to strengthen its position in artificial intelligence (AI). At its annual re:Invent conference, the company unveiled groundbreaking innovations, including new semiconductors and a large language model, which could significantly impact the generative AI market. These developments present several key considerations for traders and investors alike.

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 91.79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.