As part of our commitment to provide the most reliable service to our clients, there will be VT APP maintenance this weekend.
Maintenance Hours:
8th of June 2024 (Saturday) 00:00 – 02:00 (GMT+3)
Please note that the following aspects might be affected during the maintenance:
1. During maintenance hours, VT APP will not be able to log in. Please log in to the client portal to manage your account during this period.
Please refer to the VT APP for the latest update on the completion and market opening time.
Thank you for your patience and understanding about this important initiative.
If you’d like more information, please don’t hesitate to contact[email protected]
Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.
Please refer to the table below for more details:
The above data is for reference only, please refer to the MT4/MT5 software for specific data.
If you’d like more information, please don’t hesitate to contact [email protected].
US Treasury yields remain in a downtrend, weakening the dollar.
US 2-year yields are nearing a two-month low.
The dollar index trades below key levels: 200-day SMA, 38.2% Fibonacci retracement, and recent trend support.
Friday’s US Jobs Report may temporarily boost the greenback, but medium-term, the index might fall to 103.44 (50% Fib retracement) before testing 102.34.
Gold Recovery:
Gold continues to recoup recent losses.
Currently re-testing the $2,360/oz. level; a break above could signal further gains.
The recent range of $2,280/oz. – $2,450/oz. is expected to hold in the short- to medium-term.
STOCK MARKET
May Jobs Report:
Nonfarm payrolls expected to rise by 185,000 in May, compared to 175,000 in April.
Unemployment rate projected to remain flat at 3.9%.
Average hourly earnings (month-over-month) anticipated to increase by 0.3%, up from 0.2%.
Average hourly earnings (year-over-year) expected to stay at 3.9%.
Average weekly hours worked likely to remain at 34.3.
Market Reaction:
Stock market has hit record highs amid softer-than-expected economic data.
Increased investor confidence that the Federal Reserve might cut interest rates in September.
Markets pricing in a 67% chance of a rate cut in September, up from 50% a week ago (CME FedWatch Tool).
Labor Market Trends:
Economists see the report indicating a healthy, balanced labor market rather than a broader economic slowdown.
Bank of America economist Michael Gapen suggests the “catch-up” effect in hiring is fading, supporting potential for Fed policy easing based on inflation confidence.
Additional Data:
The latest JOLTS report showed job openings fell to their lowest level since February 2021.
Ratio of job openings to unemployed people returned to 1.2, aligning with pre-pandemic levels.
Wage Growth:
April’s year-over-year wage growth fell below 4% for the first time in nearly three years.
Economists expect May’s wage growth to rise slightly on a monthly basis to 0.3%.
Year-over-year wage growth expected to remain at 3.9%.
Key Considerations:
Friday’s report will be scrutinized for signs of either a labor market normalization or an early economic slowdown.
Consistently high wage growth could contribute to persistent inflation.
Oxford Economics chief US economist Ryan Sweet notes the Fed aims for a gradual slowing in job and wage growth trends.
Shares product APH (Amphenol Corp – Class A) is about to conduct a share split after the market closes on June 12, 2024. Starting from the market opening on June 13, 2024, APH expects to provide investor trading in divided contracts.
After the share split, please be aware of the following:
1. The trading volume of APH open positions will become 2 times the original lot size.
2. The “opening price” and “take-profit/stop-loss setting price” of APH’s positions will become 1/2 of the original price.
3. APH’s price at the opening of the market on June 13 is expected to be approximately 1/2 of the closing price on June 12.
4. After the market closes on June 12, all APH pending orders in real accounts will be cancelled.
5. After the market closes on June 12, all APH orders in the demo account will be cancelled, including open positions and pending orders.
The above data is for reference only, please refer to the MT4/MT5 software for specific data.
If you’d like more information, please don’t hesitate to contact [email protected].
As part of our commitment to providing the most reliable service to our clients, there will be a system upgrade this weekend. Please refer to the following details:
Maintenance Hours:
9th of June 2024 (Sunday) 04:00 – 04:30 (GMT+3)
Affected Functions:
Deposit and withdrawal functions will be unavailable during the maintenance (04:00 AM – 04:30 AM GMT+3). We recommend depositing funds in advance to ensure you have sufficient margin in your account.
Trading and other functions will not be affected.
Please be advised that the actual maintenance period for deposit and withdrawal functions may commence earlier or extend beyond the scheduled time.
We sincerely apologize for any inconvenience this maintenance may cause and appreciate your understanding. We will strive to complete the upgrade as quickly as possible to minimize any disruption to your trading experience.
If you’d like more information, please don’t hesitate to contact [email protected].
Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.
Please refer to the table below for more details:
The above data is for reference only, please refer to the MT4/MT5 software for specific data.
If you’d like more information, please don’t hesitate to contact [email protected].
Tips and tricks on how to increase your trading win rate
Every trader enters the financial market with dreams of massive gains, inspired by stories of professional traders making fortunes like a degen.
But here’s a question: do these traders win all the time? The simple answer is no.
Even the best in the business have win rates of only about 50% to 55%.
Embracing losses
In trading, just like in sports, it’s not about winning every single time.
It’s important to realise that losses are part of the game, even for the pros. So, successful trading isn’t about never losing—it’s about making sure your wins outpace your losses.
But how exactly can a trading strategy give you an edge, and what win rate do profitable traders actually achieve?
Balancing your win rate with a good reward-to-risk ratio
Risk-Reward Ratio = Potential Profit / Potential Loss
Believe it or not, professional traders don’t win every trade. Yet, they still manage to rake in significant returns. If you know how to manage your risk, you can achieve consistent profits with a win rate as low as 30% to 50%.
Understanding win rates
So, what’s a win rate? It’s simply the number of successful trades divided by the total number of trades, expressed as a percentage.
For example, a 50% win rate means you win half of your trades.
Many traders get fixated on their win rate because, naturally, everyone wants to be right all the time. But even top athletes like Lionel Messi in football or Maximilian Günther in Formula E racing don’t win every point.
Pay close attention to your reward-to-risk ratio, aiming for scenarios where the potential reward significantly outweighs the risk.
Imagine this: if you win 5 out of 10 trades, your win rate is 50%.
If those 5 wins earn you $1,000 and your 5 losses cost you $500, you still come out ahead with a net profit of $500.
This shows how even a 50% win rate can be quite profitable.
For a deeper understanding on reward and win rates, see this: Forex risk: reward and win rates Risk management plays a huge role here. Professional traders are masters at managing their risk. They use strategies like setting stop-loss orders to limit potential losses and take-profit orders to lock in gains.
“It’s not whether you’re right or wrong, but how much money you make when you’re right and how much you lose when you’re wrong.”
In a nutshell…what does all this mean for you?
It means that being right half the time can lead to substantial profits if you manage your risk and develop a solid strategy with a favourable reward-to-risk ratio.
Not every trade will be a winner, but with smart risk management, your profitable trades can cover your losses and still leave you with an overall gain.
So, remember, it’s not about winning every trade—it’s about making your wins count more than your losses.This will pay off in the long run. With this mindset, you’re on your way to a successful trading journey.
Also, practice makes perfect. Need to backtest your trading strategy?
Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.
Please refer to the table below for more details:
The above data is for reference only, please refer to the MT4/MT5 software for specific data.
If you’d like more information, please don’t hesitate to contact [email protected].
Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.
Please refer to the table below for more details:
The above data is for reference only, please refer to the MT4/MT5 software for specific data.
If you’d like more information, please don’t hesitate to contact [email protected].
Insights 
VT 
