As every Sunday evening, the online broker GKFX invites you to the webinar " Trading on Sunday - Warm-Up for the upcoming trading week". Mario Kofler will be the speaker at the start on April 29, 2018 at 7 p.m.. As before, he first analyzes the past trading week. This analysis is important to understand the framework conditions for the subsequent chart and fundamental analysis. Together with the participants, he discusses the most important currency pairs, indices and raw materials and explicitly deals with interbank trading. Kofler also shows possible course gaps that could arise at the beginning of the next week. Because there could be interesting trading opportunities. Under no circumstances should you miss the economic calendar.
Now the test winner Plus500 and act
A look in the rear-view mirror
Even if Mario Kofler turns up together with the participants want to get in the mood for the coming trading week, you first have to look in the rearview mirror. Only then can you better understand the current context. Chart analysis is ultimately based on past data. Since there are often recurring patterns, analysts try to use this to derive future forecasts - sometimes more, sometimes less successfully. Nevertheless, it is important to know the current events and to incorporate them into the analysis. It has been shown that this year the stock exchanges are significantly more volatile than last year. Kofler will certainly be a lot this week as well know how to report. Already now - on Thursday - we can state that it was or was an "exciting" trading week.
Mario Kofler dares to look in the rear view mirror every week to get a better look at the current events to be able to classify. In addition, there are connections for the audience that they may not have been aware of before. Since on Sunday evening the week was "over," so to speak, and the forex markets start again at 11:00 p.m., this time is almost predestined for a review.
Live analysis of the most important values
For the outlook for the coming trading week, Kofler takes a closer look at the most important currency pairs, indices and commodities. What moved the respective markets? What could be more important next week? These and other questions will be answered in the GKFX webinar on Sunday evening. Of course, Mario Kofler cannot go into every currency pair. The focus is on the most important forex pairs, the so-called "majors".
The majors are the currencies with the largest trading volume. Above all, of course, the euro and US dollars. But also the British pound and the Japanese yen. Depending on the point of view, Swiss francs and Canadian dollars are among the majors as well as the Australian dollar. The latter two currency pairs are important because they are countries with large raw material deposits. In its function as a safe haven, the Swiss franc is particularly in demand in times of crisis.
In addition to the currencies, Kofler also addresses the most important indices. These include Dow Jones, S & P500, DAX, FTSE-100 from Great Britain and the Nikkei-225 from Japan. It is not only worth looking at the indices for CFD traders, but also for investors. After all, the indices represent the economic performance of the largest companies in the respective countries.
What does interbank trading do?
In the GKFX webinar, the speaker Mario Kofler also focuses on interbank trading a. This is an area that some participants may have neglected in their trade preparation. On Sunday evening, Kofler reveals why a look at trading between banks can still make sense. He shows which trends can be seen. This is important because banks and credit institutions are the largest market participants, i.e. those with the highest liquidity. Trends that are emerging here allow conclusions to be drawn about the future. For example, if banks no longer trust each other and therefore no longer invest money with other banks, this could be an indication of major market turmoil. It was similar at the time when the investment bank Lehman Brothers went bankrupt. Important reference interest rates that play a role in interbank trading are the EURIBOR and the LIBOR.
A look at the economic calendar
Of course, this should not be missing: The look in the economic calendar for next week. What are important appointments? Where are numbers published? Announce central bank decisions etc. Of course, not every appointment is equally important. An economic calendar is published on the GKFX website, including the how important these dates are for traders. Important dates could also cause increased volatility in the markets. However, this is usually only the case if the data or statements differ significantly from what the majority of market participants expected. If the figures correspond to what most investors expect, the stock exchange will usually devote itself to other things.
Important dates would be, for example, interest rate decisions by central banks, unemployment figures, quarterly figures etc. In the webinar, Kofler discusses what could be important for the coming trading week. We can tell you this much: The ECB and the Fed have no interest rate decisions planned for next week. The statements of the central bankers in the following press conference are more important than the bare figures. There they explain how they came to the decision, what forecasts they have and what investors can expect from the central banks in the future.
Now the test winner Plus500 and trade
Interesting trading opportunities due to price gaps
Gap trading should be known to most traders. Mario Kofler will also discuss in the webinar on Sunday evening where interesting trading opportunities could arise due to gaps. Generally there are gaps in the course every day. But not every gap is important for trading. In the webinar on Sunday evening, Kofler explains which price gaps could be interesting for traders on Monday morning. Gaps in price arise in particular through the weekend, since there is no trading on the two days and the events of the past week are processed. Depending on the closing prices for the week, decisions are also made for the coming week. All this "unloads" then start trading on Monday morning.
Fibonacci Masterclass - April 2018
Implement webinar findings directly at GKFX
Participants in the GKFX webinar do not need to have a broker account. And it is not a requirement to open one afterwards. If you want, you can watch the webinar on Sunday evening at 7 p.m. for purely informative reasons. Of course, it is also open to every trader to apply the knowledge gained in practice. This would be possible, for example, with the online broker GKFX. The company is one of the top places in our CFD broker comparison. Rightly so, as our GKFX experience shows.
Forex trading is possible with GKFX 24/5, i.e. from Sunday evening at 11 p.m. to Friday evening at 11 p.m. There are also over 50 currency pairs to choose from, which should be enough for most Forex traders. Other points that we and other customers are enthusiastic about GKFX:
- No minimum deposit
- Excellent trading quality
- Multiple accounts for individual claims
- Spreads from just 0.6 pips (in ECN trading)
- No obligation to make additional payments
- Various trading platforms
- Free demo account
If you are not yet a customer of GKFX, you can test the broker and its trading quality for 30 days on a Forex and CFD demo account without obligation, After the trial period has expired, access expires automatically. The user therefore assumes no obligations. The demo account gives investors access to the real trading environment of the online broker. They are provided with a virtual credit which they can use to trade without risk.
Conclusion: Schedule the GKFX webinar appointment firmly
The GKFX webinar on Sunday evening takes place at 7 p.m. and lasts approximately one hour, So there is still time for the Sunday film afterwards. Why not watch a stock market webinar on your home PC, notebook or smart TV? Broadening knowledge and horizons has never harmed anyone. Mario Kofler will be entertaining in a way back and forth Provide an outlook on the upcoming trading week.
Registration for the webinar is free of charge and the participants undertake nothing. It is sufficient to provide your name and email address. A link in the mail then gives users access to the event. If you want, can open a free demo account at the same time and try out possible trading ideas there.
Now test winner Plus500 and trade