Works in Market analysis. With FBS since 2021.
Education & Work
- Diploma in economic security.
- Professional retraining course as a translator in the field of the professional sphere.
About Eduard Melkostupov
Mr. Melkostupov started his career as a cryptocurrency investor back in 2017 and witnessed the biggest ever cryptocurrency market pumps and dumps. In the following years, he was focused on obtaining more knowledge about the nature of the markets around the world. In 2020 he started to trade stocks and cryptocurrencies. A year later he wrote a paper about cryptocurrency and its impact on the financial markets of different counties. It makes no difference for him what to trade, the only thing that matters is the deep understanding of characteristic features of the asset. Mr. Melkostupov’s trading ideas are based on macroeconomic events, smart money flows, and technical analysis. His favorite tools are RSI, support and resistance lines, and Fibonacci retracements and expansions.
Risk to Reward Ratio: Meaning, Formula, and Importance for Trading
What defines a good, profitable, and wealthy trader from the bad one? Some say it’s all about a trading strategy; others point to a mindset and trading psychology.
How to Avoid Inflation: 7 Inflation Hedge Tips
Inflation doesn't come from nowhere. There’s always a reason for it to occur. Moreover, it’s often happening because of human mistakes and biases.
Opening Range Breakout Trading Strategy
Hello traders! Trading strategies are essential for any profitable trader as they give the needed consistency in making decisions.
Cryptocurrency pairs trading: definition, explanation, and example
Cryptocurrency is all around us. More and more companies have started accepting crypto as the means of payment (Tesla made so with Bitcoin in Spring 2021 and Dogecoin in January 2022).
Is Ross Hook the Most Powerful Price Action Pattern?
Some traders try to prove technical analysis to be wrong and unprofitable. But we want to show you the Ross Hook, the pattern, that is proven to be profitable for 32 years already.
How to Find a Short Squeeze
Do you remember the growth of Tesla stock in 2020? Or how about GameStop soaring 10 times in mere weeks? This is neither an “organic growth” nor a market manipulation. These events are called “Short squeezes” and I will show you how to find one and earn on it!
What is a short sell in stocks?
The financial market, just like any other market, is working because someone wants to buy something, and someone wants to sell it.
The Inflation in Europe and the EUR Outlook
The euro area (EA) faced a 7.4% annual inflation in April, and the European Union (EU) had an 8.1% price growth. Rates hikes are crucial for the economy to stop collapsing; still, the ECB is doing nothing but talk. Step by step, we’ll find out what will happen with Europe.
What to trade on June 6-10?
The US Fed is speeding up its monetary tightening, and crypto may experience the most challenging times since the beginning of the market. Commodities are in danger, too. Dive deeper into the most important events of next week!
China Stocks are Ready to Move
China’s stock market performed well last week amid weakening lockdown measures. Traders are becoming bullish and greedy. Should we follow the crowd and buy HK50?
British pound breakout soon?
Great Britain released retail sales data on May 20, 9:00 GMT+3. The reading outperformed expectations greatly (+1.4% actual vs. -0.3% forecast).
Walmart earnings outlook
Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?
What to trade on May 16-20?
Last week brought a selloff in markets. Some assets reached the most crucial support levels and are likely to reverse in a short term. Be ahead of trends and make the most out of this week!
China Shatters World Economy
A four-day lockdown turned out to be two months of complete isolation. Factories are frozen, supply chains are under heavy pressure, and the future is gloomy. Find out how to trade in times of crisis in this article!
Fed Pretends to Control the Market
On May 4, the US Federal Reserve revealed the federal funds rate for the next two months. Even though a 50 basis points hike was widely expected, the future is not so clear. Let’s figure it out bit by bit!
Market analysis for March 7-11
Last week was truly unforgettable, filled with geopolitical tensions and changes of market sentiment. Russian ruble lost 40% against dollar amid sanctions from EU and US. Brent oil soared to almost $120 a barrel, a 10-year high for the commodity. Chinese stocks are near the covid crash levels. Let’s dive into the market together!
The US Payrolls Bring New Hope for Gold
The Us Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on June 3, 15:30 MT time (GMT+3).
The OPEC Meeting May Push Oil to $150
The Organization of Petroleum Exporting Countries will hold a meeting on June 2.
Will ISM PMI Indicate Contraction?
The US Institute for Supply Management will release ISM manufacturing PMI on June 1, at 17:00 MT time (GMT+3).
US PCE Adds Fuel to the Fire
The United States Bureau of Economic Analysis will release monthly Personal Consumption Expenditures (PCE) on April 29, 15:30 GMT+3.
GDP Release Scares the Dollar
United States Bureau of Economic Analysis will release Gross Domestic Product (Advance GDP) on April 28, 15:30 GMT+3.
Australia to release quarterly CPI
Australian Bureau of Statistics will release the quarterly change in Consumer Price Index on April 27, 16:30 GMT+3.
The First Oil Decision of 2022
Organization of the Petroleum Exporting Countries (OPEC) is scheduled to meet on January 4.
Something more Important than NFP
For a long time, traders considered American Non-farm Payrolls (NFP) the most important release in the market. However, the situation has changed. Now US CPI moves financial markets.