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 info@vtmarkets.com.
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 info@vtmarkets.com.
Overview of Market Trends: In the past week, gold prices spiked, the U.S. dollar soared, and the EUR/USD and GBP/USD pairs slumped.
U.S. Inflation Developments: U.S. inflation rates have risen, leading to a reduction in expectations for interest rate cuts. Originally anticipated rate cuts are now expected no earlier than the third quarter.
U.S. Dollar and Treasury Yields: The reassessment of U.S. interest rates has resulted in a sharp increase in the U.S. dollar and multi-month highs in U.S. Treasury yields.
Gold and Silver Prices: Despite high U.S. interest rates, gold reached new all-time highs before experiencing a significant drop. Silver also displayed high volatility, peaking before falling by the end of the week.
Currency Pairs Analysis: Renewed strength in the U.S. dollar has pushed the EUR/USD and GBP/USD to five-month lows.
Key Economic Events Next Week: Important upcoming events include U.S. retail sales, UK inflation and labor data, and economic sentiment indicators from Germany and the Euro Area.
Special Mention – Apple: Apple’s stock rose sharply after announcing an update to its MacBook line with the new M3 chip, approaching a key resistance level.
STOCK MARKET:
Key Market Insights for the Week:
Anticipation of more bank earnings including those from Bank of America, Goldman Sachs, and Morgan Stanley.
Netflix and United Airlines will also present their quarterly reports.
A focus on retail sales with the March update scheduled for release on Monday.
Economic Climate Overview:
Increased market anxiety due to persistent inflation may delay Federal Reserve rate cuts.
Economists are now predicting the Fed to hold interest rates steady until at least fall 2024, with a potential rate cut possibly delayed until December.
Bank Earnings Reports:
Recent earnings from JPMorgan Chase, Wells Fargo, and Citigroup showed a dip in net interest income, underwhelming market expectations.
Upcoming earnings from additional major banks will provide further insights into the impact of higher interest rates on the financial sector.
Consumer Spending Trends:
Despite previous declines, retail sales are expected to have risen by 0.4% in March, following a rebound in February.
Continued strong wage growth suggests consumer spending might remain robust.
Market Strategy and Expectations:
Financial markets and strategists are closely monitoring company earnings for signs of demand resurgence and revenue growth, which are critical for sustaining the market rally.
Earnings performance this season is deemed “critical” for market optimism, amidst a backdrop of cautious economic forecasting.
As the third week of April 2024 approaches, financial markets and policymakers around the globe are gearing up for a series of important economic reports. These releases are expected to provide valuable insights into the state of inflation, employment, and retail activity across major economies. Each day brings a new set of data that could influence global economic policies and investment strategies. Here’s a detailed breakdown of the key reports to watch each day:
Canadian inflation rate
The focus on Tuesday will be on Canada, where the annual inflation rate in February 2024 slowed to 2.8% from 2.9% in January, marking the lowest rate since June 2023. Analysts are projecting a further decline to 2.7% for March, with these figures set to be released on 16 April. This data could influence future monetary policy decisions by the Bank of Canada as it navigates economic stability.
UK inflation rate
Attention shifts to the United Kingdom on Wednesday, where the inflation rate showed a reduction to 3.4% year-on-year in February 2024, down from 4% in the previous months. With analysts forecasting a further drop to 3.1% in March, the upcoming release will be critical for policymakers and could impact the Bank of England’s monetary strategies.
Australia employment change
Midweek will bring insights from down under, as Australia reports its employment data. February saw a robust increase in employment by 116.5K. However, projections for March are more conservative, with an expected rise of only 7.2K. This data, crucial for assessing the health of the Australian economy, is set to be released on 18 April and will likely influence the Reserve Bank of Australia’s future decisions.
UK retail sales
The week continues with more data from the UK, specifically retail sales figures on Friday. Following a stable February with unchanged retail sales volumes after a 3.6% increase in January, analysts are predicting a modest increase of 0.3% in March. This indicator will provide further clues about consumer confidence and spending, which are essential for economic recovery assessments.
Each of these indicators not only reflects the economic conditions within their respective countries but also contributes to the broader global economic narrative. As policymakers, investors, and analysts await these updates, the implications for global financial markets and future economic policies will be significant. The data released throughout the week will offer vital clues on the direction of global economic recovery and growth in 2024.
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 info@vtmarkets.com.
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 info@vtmarkets.com.
As part of our commitment to provide the most reliable service to our clients, there will be server maintenance this weekend.
Maintenance Hours :
13th of April 2024 (Saturday) 00:00 – 02:00 (GMT+3);
the trading hours is postponed to open at 10:00 (GMT+3);
13th of April 2024 (Saturday)19:00 – 14th of April 2024 13:00 (GMT+3)(Only VT Markets APP, MT4/MT5 can log in normally and are not affected);
Please note that the following aspects might be affected during the maintenance:
1. During the maintenance hours, Client portal and VT Markets App will be unavailable, including Deposit/Withdrawal and all the other functions will be limited.
2. During the maintenance hours, the price quote and trading management will be temporarily disabled during the maintenance. You will not be able to open new positions, close open positions, or make any adjustments to the trades.
3. There might be a gap between the original price and the price after maintenance. The gaps between Pending Orders, Stop Loss and Take Profit will be filled at the market price once the maintenance is completed. If you don’t want to hold any open positions during the maintenance, it is suggested to close the position in advance.
4. Following the maintenance, it is important to note that the latest version will be 1415. If your MT4 version is below 1415, it is suggested that you download the latest version on the official website by navigating to “Trading” → “MetaTrader 4”.
Check your MT4 software version with the following steps:
※ PC: Open the MT4 software > Help > About;
※ Android: Open the MT4 app > About;
※ iOS: Open the MT4 app > Settings > Settings.
Please refer to MT4/MT5 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 info@vtmarkets.com
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 info@vtmarkets.com.
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 info@vtmarkets.com.
In the dynamic world of forex trading, having a well-organised and efficient trading screen can significantly enhance your ability to make informed decisions and navigate the markets with confidence.
Whether you are a novice trader just starting out or someone looking to optimise their trading setup, understanding how to structure your trading screens is essential.
In this comprehensive guide, we’ll walk you through the process of setting up your trading screens to maximise clarity, focus, and efficiency.
Why is it important?
Before we delve into the specifics of setting up your trading screens, it’s crucial to understand why a well-organised layout is so important.
Your trading screen is essentially your cockpit, where you monitor market movements, analyse data, and execute trades. A cluttered or disorganised screen can lead to confusion, missed opportunities, and potentially costly mistakes.
By streamlining your trading screen and prioritising key information, you can improve your ability to spot trends, identify entry and exit points, and ultimately, increase your profitability.
A clean and organised screen fosters clarity of thought and allows you to maintain focus on the factors that matter most in your trading journey.
Planning your screen layout
Number of screens
One of the first decisions you’ll need to make when setting up your trading screens is whether to use a single monitor or multiple monitors.
While a single monitor setup may be sufficient for some traders, others may benefit from the additional screen real estate provided by dual monitors.
Single monitor
Pros: Simplicity, cost-effectiveness.
Cons: Limited space for displaying multiple charts and data simultaneously.
Dual monitors
Pros: Increased screen space for multitasking, easier to monitor multiple assets.
Cons: Requires additional hardware investment, potential for distraction.
Ultimately, the decision between single and dual monitors will depend on your personal preferences, trading style, and budget constraints.
Prioritise information
Regardless of whether you opt for a single or dual monitor setup, it’s essential to prioritise the information displayed on your screens based on your trading style.
For example, scalpers who thrive on short-term price movements may prioritise real-time data and quick order execution, while swing traders may focus more on longer-term trends and market analysis.
Consider dividing your screen real estate into different sections dedicated to charts, market data, news feeds, and order management to ensure easy access to the information you need most.
Essential elements for your forex screens
Now let’s take a closer look at the key components that should be included in your trading screens.
Charts
Charts are the visual backbone of your trading analysis, providing valuable insights into price movements and market trends. When setting up your charts, consider using a reputable charting platform such as MetaTrader or TradingView.
Setting up charts:
Choose your preferred currency pairs and timeframes (e.g., M15, H1).
Incorporate basic chart indicators like moving averages, RSI (Relative Strength Index), and MACD (Moving Average Convergence Divergence) to aid your analysis.
Customise chart settings such as colour schemes and chart types (candlestick, line, bar) according to your preferences.
Market watch
The market watch window allows you to track the prices of various currency pairs in real-time. It’s essential to include frequently monitored currency pairs along with their bid/ask prices and percentage change.
Customising market watch:
Add currency pairs by right-clicking on the market watch window and selecting “Symbols.”
Arrange currency pairs according to importance or trading frequency for quick access.
Customise display settings to show additional information such as spread and high/low prices.
News feed
Staying informed about economic news and events is crucial for forex traders. Integrate a reliable news feed into your trading platform to receive timely updates on market-moving events.
Selecting news sources:
Choose reputable financial news sources or plugins that provide real-time updates on economic indicators, central bank decisions, and geopolitical events.
Customise news feed settings to filter information based on relevance to your trading interests.
Order management window
The order management window is where you place and manage your trades. Keep this window readily accessible but avoid cluttering your screen with unnecessary details. Focus on essential information such as order type, size, and execution price.
Optimising order management:
Familiarise yourself with order types such as market orders, limit orders, and stop orders.
Customise order entry settings to predefine trade parameters such as lot size and stop-loss levels.
Utilise trade management tools like trailing stops and take-profit orders to automate trade execution.
Additional considerations
Customisation
Don’t be afraid to customise your trading screens to suit your preferences and trading style. Experiment with different colours, layouts, and settings until you find what works best for you.
Customisation options:
Adjust chart colours, fonts, and background themes for optimal visibility and aesthetics.
Create custom templates for different trading strategies or asset classes.
Explore third-party plugins and add-ons to enhance the functionality of your trading platform.
Focus and clarity
Maintaining a clean and clutter-free screen is essential for staying focused and avoiding information overload. Remove any distractions and only display the information that is relevant to your trading decisions.
Tips for clarity:
Minimise unnecessary chart overlays and indicators to reduce visual clutter.
Organise screen elements in a logical and intuitive manner for easy navigation.
Regularly review and streamline your trading screen layout to eliminate redundant or outdated information.
Multiple strategies
If you employ multiple trading strategies, consider creating separate screen layouts for each strategy. This will allow you to switch between different approaches seamlessly and avoid confusion.
Managing multiple strategies:
Customise screen layouts and chart templates to align with specific trading strategies or timeframes.
Use workspace-saving features like tabbed windows or virtual desktops to organise different trading setups.
Maintain clear documentation and records of each strategy’s rules, parameters, and performance metrics for evaluation and optimisation.
In conclusion, setting up your trading screens is a fundamental aspect of forex trading that should not be overlooked. By organising your screens thoughtfully and prioritising key information, you can enhance your ability to make informed decisions and navigate the markets with confidence. Remember, there is no one-size-fits-all approach to setting up your trading screens. Take the time to experiment and customise your setup until you find what works best for you.
VT 
