BlackBull Markets - The Expert Trader Series: Recent Episodes
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BlackBull Markets was founded with the vision of becoming the world’s leading online investment brokerage. It specialises in shares, forex, commodities, CFDs serving a range of clients all over the world. Multi-award winning for three consecutive years, BlackBull Market recently placed in the Deloitte Fast 50 index 2021.
The company was initially founded in Auckland, New Zealand in 2014. Prior to this, the company had a background in institutional forex trading and boasted over 10 years of experience in the field.
After establishing its advanced technological and pricing offers, the company focused on providing a professional service to its clients, such as personal account management, daily market condition updates and specialised analysis tailored to its clients’ needs locally and globally.
This is what has allowed BlackBull Markets to provide an overall superior product when compared to its competitors, which by itself is no mean feat. Since its inception, the company’s popularity has skyrocketed worldwide, allowing it to pursue rapid growth in a relatively short space of time.
Step into your trading potential in Shares, Forex, CFDs and Commodities at blackbullmarkets.com
Obsessed with Trading? So are we!
This is the final episode in this podcast mini-series, 20-year expert trader Steve Ruffley and one of our team Eric talk risk and about what they see in our traders.
After knowing our clients we see what their behaviours and patterns are and that allows us to know what type of trading decisions they tend to make.
We hope you enjoy this final episode of the BlackBull Markets and that this has helped you reach your trading potential.
Remember all opinions on this podcast are not to be taken as trading advice.
If you are ready to start a live trading account, visit BlackBullMarkets.com
Obsessed with trading? So are we! That's why we launched our mini-series, a podcast for traders, by traders.
For this entertaining episode, we talk to 20-year expert trader Steve Ruffley about building your confidence.
Learn how to understand your personal personality type and how that can influence the certain decision-making you make in the markets.
Steve talks about his clients, and how being overconfident can be sometimes equally as bad as being underconfident.
Obsessed with trading? So are we! That's why we are launching our Expert Series, a podcast for traders, by traders.
For this exceptional episode we talk about trading stigmas and are they true?
Think of a day trader. Do you see constant hawk-eyeing, multiple screens, all-nighters? Or trading floors and paper waving?
Either way, whether you are one yourself, or whether you are thinking of what that lifestyle could look like, our expert, 20-year trader and mentor Steve Ruffley, talks about whether you need to be a slave to the screen, and the habits he sees in good traders.
blackbullmarkets.com
Obsessed with trading? So are we! That's why we are launching our Expert Series, a podcast for traders, by traders.
For this unmissable episode, we delve into how the market has changed, and on starting and scaling a business for traders, by traders.
Expert trader of 20 years Steve Ruffley interviews the CEO and founder of BlackBull Markets, Michael Walker on how business is like trading.
Expect to hear how an entrepreneurial mindset and a trader mindset are one and the same, how Michael's limitless mindset has allowed him to make a global machine and how Steve Ruffley has done the same for himself based on using trading accounts.
Also hear about what traders are looking for to be able to scale including using leverage, and making the most of every pip.
Obsessed with trading? So are we! That's why we are launching our mini-series, a podcast for traders, by traders.
We talk to 20 year trader and mentor Steve Ruffley about everything from trader mindset to how he made it his day job.
In this first episode Steve Ruffley, a lead trader with more than two decades trading experience shares the wisdom he gained on the way to scaling his trading account from a couple hundred dollars to six figures.
Join us on this exciting audio journey as we explore a different subject from the trading world every week, including:
- Episode One: Real Trader, Real Results
- Episode Two: How To Scale Your Trades Like You Scale A Business
- Episode Three: Can You Be A Day Trader With A Day Job
- Episode Four: Building Trader Confidence
- Episode Five: Insider Scoop, What We See From Our Traders
Please note: All opinions on this podcast are not to be taken as trading advice. Trading Derivatives is risky.
We welcome you to subscribe to this series on Spotify, Apple, Google Podcasts and where all good podcasts are found.
The Pound against the U.S. Dollar broke 1.38, a critical psychological support/resistance level that gives bulls confidence to attack the 1.40 level.
The recent tailwind in the Pound has mainly come from the number of initial doses the U.K. has distributed amongst its citizens. More than 10 million people in the U.K. have received at least one dose of the Coronavirus vaccine, prioritizing the elderly and frontline workers.
Amongst U.S. Dollar strength across the board coming into 2021, the Euro has come roaring back on further optimism on the vaccine, alongside asset markets strength.
The headline says it all – market euphoria has reached an all-time high. However, given the events that have occurred in 2020, it feels like it is just another day at the office. For the most part, it is.
In the early 1600s, Tulips first arrived on the shores of Holland from Turkey. The flower was exotic, beautiful, and nothing like any other flower that grew in Holland at the time.
If there is a time for a currency to be relatively weak, it’s during recessionary periods. A stronger currency entails a rougher time for goods and services to be exported out of the country as those exports are more expensive due to the stronger currency.
We have a relatively light data week ahead regarding the amount of significant data points coming out. However, the economic events are extremely significant in determining the state of their respective economies. Hope you all are staying safe. Here is your week ahead.
Here are two fun facts from equities in 2020.
· The NASDAQ returned 46% from the start of 2020. If you purchased at the peak of the recessionary period in mid-March, you would’ve made a return on investment of 85%. · Meanwhile, the S&P500 only returned 17% from the start of 2020. · The average price/earnings ratio for stocks in the NASDAQ was pushing 23 · The best performing stock that is in the S&P 500 and NASDAQ was Tesla, providing a 743% Return.
With that in mind, what are we expecting for stocks coming into 2021?
The Dollar has been experiencing some love coning into the new year, with the DXY up just under 1%. However, is this just a technical rebound, or is there substance for a further rally?
With the new strain of the Coronavirus causing concern across the world, many countries that continue to battle the Coronavirus hope that the vaccine gives them a head start before the strain does any more damage. This week will also see a new President take office, Democrat Joe Biden, on the 20th January US Local time. Here is your week ahead.
1.45 is a very specific target for GBP/USD. However, it’s a significant target as that’s where the Pound was before the Brexit referendum. Now the Brexit deal is done, what will push it back to that level again?
24th February 2020 was when the last time we saw oil hovering around the $55.80 mark. The Oil markets were hammered in 2020, taking investors and traders back to their economics 101 classes.
However, unlike traditional markets, the Oil markets have something traditional markets do not – controlled supply.
Hello! I hope you guys had a good Christmas and a Happy New Year, refreshed for the trading year. Before your week ahead, here is what you may have missed over the break.
- Vaccine rollouts have started all across the world, primarily in the United States and in the United Kingdom
- OPEC+ Implemented a surprise cut that has become a tailwind for the price of oil, reaching a recent high of $56
- Tesla stock continues to skyrocket, with Tesla up 631% from the start of 2020. This has made Elon Musk the wealthiest person in the world, with an estimated net worth of around $250 Billion when you take into account Elon’s other investments
- Bitcoin touched $40,000
- An attack on congress, while trying to ratify the electoral votes, took place a couple of days ago by Pro-Trump Protesters, resulting in 4 deaths.
- GBP/USD Touched 1.37
Let’s hope this year we can go past the Coronavirus and onto more positive things. Here is your week ahead.
Margaret Keenan. At 90 years old, she was the first patient in the United Kingdom to receive the Pfizer-BioNTech. The CEO of England’s NHS, Simon Stevens, stated that “I think there’s every chance that we will look back on [Tuesday] as marking a decisive point in the battle against the Coronavirus” You would have thought we should have seen a massive spike in the markets.
However, the market was relatively calm today, even though the S&P 500 broke all-time highs. Interestingly enough, the second person to get the Vaccine in the UK was an 81-year-old man called William Shakespeare.
All eyes will be on the UK’s rollout of the Pfizer-BioNtech vaccine this week ahead, as the first western country to approve a Coronavirus vaccine starts to vaccinate front line workers. However, the NHS medical director warned the vaccine distribution would be a “marathon, not a sprint” and that it will take “many months” to vaccine everybody who needs it. Is this the beginning of the end? Here’s your week ahead.
Is this the beginning of the end? The UK announced yesterday that they have provisionally approved Pfizer’s Coronavirus vaccine. This makes the UK the first country to approve a vaccine, which they state will be available to individual members of the public by next week.
EUR/USD hit 1.20 on the last trading day before bouncing off the strong psychological resistance level. This is due to further dollar weakness alongside investors pricing in aggressive quantitative easing from the Fed outpacing the European Central bank. The EUR/USD is up around 2.3% this month.
As Europe enters into the late stages of their respective lockdowns, it looks like the Coronavirus story may be starting to reach its end. Worldwide cases have started to plateau, with only a couple of countries where the Coronavirus cases continue to rise. For example, the United States broke the grim record of 200,000 cases per day, and Brazil’s cases continue to increase. This week ahead contains a plethora of data releases from various countries, so stay tuned.
The Oil markets have been seeing the light as of late. Oil prices have reached an eight-month high, with WTI and Brent Crude trading around $45 and $48. This is from the recent positive vaccine news, alongside better than expected EIA data and geopolitical supply-side tensions.
Gold continues to fall on positive vaccine news, as both Pfizer and Moderna reveal trials that show 90%+ efficacy vaccines against the Coronavirus.
Two main fundamental factors depressed the GBPUSD for the past couple of years—Brexit, and now recently, the Coronavirus.
The trade is relatively simple – once there is a vaccine for the Coronavirus, alongside certainty on Brexit talks, a good case can be made for the pair to reach its Pre Brexit/Pre Coronavirus levels around 1.45
The dollar has fallen from grace from the peak of the Coronavirus. The dollar index is down 10% from its yearly high in March, where traders and investors went to cash.
However, with two strong positive results from two vaccine makers Pfizer and Moderns with their 90% efficacy with their vaccine trial, solid news on when we will get a vaccine will solidify a bull trend and a rotation into value and cyclical stocks.
This week is relatively light regarding data coming out from countries. However, investors and traders will be focusing on one essential item – clarification on the Pfizer vaccine’s efficacy and timeline. Anthony Fauci stated that the Pfizer vaccine has an “extraordinarily high degree of efficacy – more than 90%, close to 95%” and that the U.S. may begin offering the vaccine to priority groups at the end of December. This hope of a vaccine before year-end boosted risk on sentiment last week. But further clarification of the vaccine’s timeline may solidify its move upwards, not to mention an additional step back to normalcy in the world.
Let’s hope that the vaccine comes sooner rather than later, so we can focus on rebuilding the economy instead of listing deaths like a statistic. Here is your week ahead.
Are we going to see the NZD/USD at 0.74? With Joe Biden most likely to be the next President, many predict a de-dollarization to occur as the opportunity cost of investing in the United States is expected to decrease, placing pressure on the greenback downwards.
Stocks are up on positive vaccine news from a collaborative effort from Pfizer and BioNTech SE, showing that it prevented 90% of symptomatic infections in the trial of thousands of volunteers. Pfizer shares rose as much as 15% on intraday trading.
When all is well and good, Joe Biden is most likely to be the 50th President of the United States. We can finally put the election behind us and focus on the recovery of the economy stemming from the effects of the Coronavirus. Here is your week ahead.
One of the most anticipated days for the markets, the Election has approached us in the midst of one of the most turbulent years in the past decade. It is important to note the critical factors that the markets look for and a general overview of the markets.
With over 93 Million US Citizens voting early, surpassing two-thirds of all 2016 and consisting of 43% of registered voters, the United States election is finally two days away this week ahead. Many regard this as one of the most important Presidential Elections in history, possibly changing society’s fabric in the United States for the foreseeable future.
Although the Presidential Election will probably get most of the attention, this week continues to be eventful with a lot of data being released. Here is your week ahead.
Dates are in NZDT.
It is no surprise that Oil has had a rough couple of patches this year, with the Coronavirus shattering oil demand. What will it take for Oil to push back past $45 a barrel?
Stimulus, or lack of, has been the talk of the markets recently. The main indexes are showing its most substantial decline since the start of September. Dow Jones, the worst performer of the US session, is down around 3.2%. At the same time, the S&P 500 and NASDAQ are down around 3%, respectively.
With the last full week away from the election, alongside stimulus talks dragging along, uncertainty in the markets are at an all-time high. This is not taking into account the Coronavirus state in the United States, recording over 85,000 new cases yesterday. If the Coronavirus were stock (ticker symbol, USCVD), the stock would be up 85% year to date.
…And that excuse is the devaluation of the dollar. Gold is not immune to fundamental events. However, recently has been sideways for the most part of two months.
We are 13 days away from the election. Many polls state that Biden is winning the votes – however that’s what happened in the 2016 election. With big banks citing a decline in the Dollar over a Biden win, what will happen to commodity currencies such as the Australian Dollar and the Canadian Dollar against the US Dollar?
The Australian Dollar against the US Dollar has had a strong comeback, up 30% from its March lows. This was due to Australian commodity prices such as copper, nickel, and iron rebounding as manufacturing restarted worldwide.
Who else feels like this year has gone by so quickly? Each week ahead article, I have been talking about how the election is coming and how volatile times are coming ahead. Now we are neck-deep into election season, with the first one in New Zealand granting Jacinda Ardern and her party a landslide victory, enabling them to govern themselves. All eyes now are on the Presidential Election in the United States and the Brexit outcome between the UK and the EU. Here is your week ahead.
Coronavirus. Vaccine? Biden. Next President? Brexit. Done in our lifetime? With a lot of uncertainty and volatility in the markets, what party do the markets want?
Volatility lies ahead as we head into the election season. One of the places investors and traders like to park their money is the iconic Safe Haven, the Japanese Yen.
Markets today bounced back as stimulus talks have come back into question. The NASDAQ is up around 0.7%, while the S&P 500 and the Dow Jones were up 0.8% and 0.43%, respectively.
We saw a retest of the 0.92 mark in early September when the Swiss Franc against the U.S. Dollar rallied as investors embraced the currency’s safe-haven status. Will we see a further strengthening of the Swiss Franc?
AUD/USD has been a strong performer in the currency markets, returning just under 30% since its March lows. We talked about how the Australian dollar was poised for a rally on a market recovery earlier this year.
The market has recovered, and the Australian dollar has recovered with it. This was due to the Australian dollar being mainly a “commodity currency,” with manufacturing worldwide slowly starting to pick up, specifically in China. Erik Nelson from Wells Fargo stated that “If you consider some of the fundamentals in Australia, you can justify the valuation of the Australian dollar at current levels” and that Australia is “very well positioned right now” about its exports to China.
However, the AUD/USD has fallen over 3% in the past couple of days. This has been on a multitude of factors, the US Dollar strengthening on Donald Trump’s recovery, recent weakness in the oil prices, and the tremulous Coronavirus situation in Australia have pushed the Aussie lower.
Gold is up nearly 3% in the past couple of days as President Donald Trump’s hospitalization due to him contracting the Coronavirus shook the markets. Like many times this year, Gold has been an anchor on volatility, providing stability in a portfolio when markets dive. However, what about the factors that are usually discussed to propel Gold past its previous highs?
We talked about the tailwinds for Gold previously; its link with inflation, dollar devaluation, future volatility, and positive sentiment. Are we starting to see these catalysts come into fruition?
Just as you think things couldn’t get weirder – arguably the most powerful man in the world, President Donald Trump, and the First Lady contracted the Coronavirus. This is after their aide, Hope Hicks, was stated to have contracted the Coronavirus the day before their announcement. This week ahead could be interesting.
The largest oil consumers are both the United States and European Union – making up around 34% of the worldwide 100 Million demand (before the Coronavirus). Both Countries / Continents have seen daily increases in their Coronavirus case count. The United States currently has 7.1m Coronavirus cases, while Europe has around 5 million cases. Coincidentally (or not) – this makes up 36% of the total global Coronavirus cases. In other words, the future of the price of oil is heavily influenced by how these two nations handle the Coronavirus. Europe has to deal with individual countries governed by different styles of government to manage the Coronavirus. The United States, unfortunately, has all but given up.
A revival of the Dollar? As we get closer to the election, investors and traders can see one thing in the future – uncertainty. Therefore, we can see market participants start preparing for the unknown.
It is officially five weeks out until the United States Election. Expect an increase in volatility in the markets as we get closer to the official election dates. It is interesting to note that New Zealand’s elections will be held two weeks after the US elections – throwing an extra spanner in the works. Here is your week ahead.
Silver has had a legendary run this year, and is heavily correlated with Gold. However, that was only in regards to the movement.
Hello traders! This week ahead, we have many events that directly affect significant currencies such as the GBP, USD, the NZD, and the Euro. Traders should be aware of these critical events not to be whipsawed by the market. Here is your week ahead
Much of the excitement that fueled the rise in equity markets has fizzled out on a recent downbeat and neutral news on the Coronavirus development.
Oil has been ranging in a consolidation zone from its recovery from its March lows. It has been up and down based on the fundamental news of the day. However, is Oil the value play of the year, or is it a value trap?
After two official terms and nine years in office, Shinzo Abe is stepping down as Prime Minister of Japan. He is replaced by 71-year-old Yoshihide Suga, formally the Chief Cabinet Secretary but informally, Abe’s right-hand man. The question becomes, will Suga try and reinvigorate Japan’s Economy using new methods, or will it be another term of Abenomics, without the Abe?
A hectic week ahead as companies and countries start to position themselves to exit the pandemic in the best shape possible. Total Coronavirus Cases top 29 Million, with over 924 thousand deaths. Here is your week ahead.
Markets sold off as risk-off sentiment continue to seep into investors and traders’ heads.
The pound is down 2% against the U.S dollar in the past couple of days, on growing prospects that the United Kingdom will leave the European Union without a trade agreement.
Last week was a bloody week in the markets, with US equities selling off on fears that the market has been overstretched. The NASDAQ, Dow Jones, and the S&P 500 were down 4.52%, 3.66%, and 3.28%, respectively.
As we approach election season in the United States, traders should be looking out for changes in future policies which may whipsaw the market.
Investors and traders are heading into a turbulent start of the week, with Hong Kong/ China Tensions increasing as we get close to election season. This may incentivize countries like Australia and the United States to implement policy changes that many move the markets.
Leshgo! Here is your week ahead.
All dates are in NZDT.
We’ve recently talked about the potential demise of the U.S. Dollar. What currency is poised to benefit the most from the devaluation of the dollar? Euro is the first thing that comes to mind.
Shortly after the safe-haven trade that pushed the dollar up against major currencies, the Euro started to rally over the U.S. dollar. After strongly piercing through 1.10, a relatively strong downtrend alongside piercing 1.15 with relative strength, It is eyeing up a similar push up on these factors.
The dollar has seen better days.
In the past 124 trading days, only 46 has been in the green for the dollar index.
Many factors have catalyzed this risk off-trend, and unfortunately, I believe even the key fundamental strength for the dollar has slowly diminished away during this pandemic.
Busy week ahead as September kicks in. As New Zealand and the United States elections slowly approach, the Coronavirus pandemic will most likely be the center focus for many parties and how they handle the post Coronavirus world. Here is your week ahead.
Prime Minister of Japan, Shinzo Abe is set resign to after worsening health conditions.
Shinzo Abe, 65 years old, has been battling Ulcerative Colitis, a chronic digestive condition that also forced him to step down as Prime Minister in 2006-2007. During the announcement, the Japanese TOPIX pulled back with the Japanese Yen strengthening against the U.S. dollar by 0.5%.
Rising inflation has been the question many analysts, investors, and traders want answers to. Fortunately, these answers may come soon as Federal Reserve Chairman Jerome Powell is set to take the stage (virtually, of course) to address the future of US Monetary Policy post Coronavirus and, hopefully, answer the myriad of questions regarding the Fed’s stance on inflation.
Cyclical or Value stocks? There’s a common saying when, well-buying anything really – Buy low sell high. However, with the NASDAQ and the S&P 500 at all-time highs, we’ve all been guilty of doing the opposite, Buying the tops and selling (or ignoring) the lows. With the Teslas and the Apples of the World continually beating analysts estimates, is it time to buy up the beaten up stocks? Or, you know, buying low?
Central banks, central banks, central banks. This week ahead, central bankers from all around the world will conduct their annual Jackson hole meeting in which historically they discussed the macro-environment and, of course, monetary policy. However, due to Coronavirus restrictions, they cannot meet at Jackson Hole for the first time in 40 years. The main focus? “Navigating the Decade Ahead: Implications for Monetary Policy.” Here is your week ahead.