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Posted by Mark Meadows, TopstepFX on July 29, 2019

Could a 'Hawkish Cut' Lead to the Next Major $USD Rally?

In November 2017, the Bank of England hiked interest rates for the first time in 10 years. The market dubbed that a “dovish hike,” encapsulating the idea that though the BoE hiked interest rates, it...

Posted by TopstepTrader on July 25, 2019

Gold Poised for Breakout Move: Higher or Lower is the Question

Gold has been rallying in 2019, but the advance ran out of juice in recent days and prices have come down from six-year highs near $1450 seen last week. It’s not clear if the recent dip is just a...

Posted by TopstepTrader on July 24, 2019

7 Greatest Trades of All-Time: How Jesse Livermore Made $100-Million Shorting the Crash of 1929

(AP photo via Wikimedia Commons)

In honor of the 7th anniversary of TopstepTrader, we'll be releasing a series of blogs that breakdown the 7 Greatest Trades of All-Time. That's right — from bartering...

Posted by TopstepTrader on July 23, 2019

Crude Oil Advances on Geopolitical Unrest, But Turns Away from Key Resistance

Crude oil prices moved higher Monday as events in the Straight of Hormuz continue to raise concerns about possible disruptions in supply. Yet, at $56.25 per barrel, prices remain well below levels of...

Posted by TopstepTrader on July 22, 2019

Take a Look at the Up and Down Dollar Action Ahead of a Fed Rate Cut

The dollar is experiencing notable ups and downs amid changing interest rate expectations lately. The volatility comes ahead of the Federal Reserve’s next rate announcement, which happens just a few...

Posted by TopstepTrader on July 17, 2019

Whale Trader Makes Huge Bet on Silver. What's Next for the White Metal?

Silver is sizzling. The white metal is on a four-day 5% rip and moving to its best levels since February. Yet, it still lags gold by a large margin and the ratio of gold prices to silver reached...

Posted by TopstepFX on July 15, 2019

Learn to Profit from Volatile Forex Markets: Mark Meadows Joins the DailyFX Podcast

Mark Meadows is our forex trading guru here at the Topstep headquarters. Perhaps you have heard some of his sage insights on the  Limit Up! podcast or read his scorching-hot takes in the now-retired...

Posted by TopstepTrader on July 15, 2019

Earnings Take Spotlight with S&P 500 in Rally Mode

Here come earnings. Several large companies report over the next few days and then the floodgate on second quarter results opens wide next week. The S&P has been in rally mode heading into the...

Posted by TopstepTrader on July 13, 2019

S&P 500 Hits 3000: The Good, the Bad and the Ugly

We finally went ahead and did the damn thing! The S&P 500 broke through the 3,000 level for the first time ever this past Wednesday following some favorable talk on rate cuts from Federal Reserve...

Posted by TopstepTrader on July 10, 2019

Look Out Below: Can Sterling Hold Support?

The bearish funk continues for Sterling. The British currency is falling to two-year lows amid weak economic data and a looming Brexit deadline. Political disputes with the United States and China...

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