Philip Papageorgiou

Philip Papageorgiou

Philip Papageorgiou

Market Analyst

Expertise: Options, Cryptocurrencies, Fundamental Analysis, Technical Analysis


Trading Style:

Short volatility, Swing

Time Frame:

Super short term to months

Common indicators:

Candlestick Patterns, Fibonacci, Volumes


Experience:

• 10+ years of trading forex, 6+ years trading options

• Presented at numerous trader expos and conferences in Germany

• Extensive knowledge in Cryptocurrencies and Fintech companies

• Created educational material for traders and held live trainings


Education:

Bachelor of Business Administration degree from University of the West of Scotland


Motto:

Don’t try to predict what the market will do, act on what the market is doing


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Market trader analysing data

Foot Locker drops 19% after declines in earnings and revenues

Foot Locker reported a disappointing Q3 2024, missing Wall Street’s expectations on both earnings per share (EPS) and revenue, while cutting its full-year guidance. The sneaker retailer continues to face challenges related to soft consumer demand, elevated promotions, and weakened performance from its largest brand partner, Nike.

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Euro Weakness Continues Amid Global and Regional Challenges

Euro Slides as DAX Eyes Record Highs Amid Market Volatility The euro fell over 1% against the U.S. dollar amid political instability in France, Eurozone rate cut expectations, and global trade tensions. Meanwhile, the DAX surged closer to its all-time high at 20,140, supported by a weak euro and robust market momentum.

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DAX breaks 20,000 Amid Bullish Momentum and ECB Focus

The DAX is trading at 19,942.9, consolidating after a breakout above 20,000 and setting an all-time high at 20,039. While strong momentum supports further upside, overbought signals suggest a potential pullback or consolidation.

Market trader analysing data

Salesforce Q3 Preview: AI-Driven Growth or Leadership Challenges Ahead?

Salesforce (CRM) will release its Q3 2024 earnings aftermarket today, with analysts expecting EPS of $2.43 (+15.17% YoY) and revenue of $9.35 billion (+7.2% YoY). The report could highlight Salesforce’s momentum in AI-driven initiatives and its Agentforce hiring push, along with strategic acquisitions.

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DAX Nears Record Highs at 19,685 Amid Bullish Momentum

The DAX is trading at 19,610.9, just 0.2% below its all-time high of 19,678, as global market optimism and rising US markets drive gains. Consolidation appears to be ending, with a breakout above 19,685.3 signaling further bullish momentum.

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December 2, 2024 10:22 AM
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DAX Eyes 19,430 Resistance Amid Mixed Global Sentiment

The DAX is trading at 19,418.1, showing mild bullish momentum but facing potential resistance near 19,430. Traders eye German inflation data and ECB speeches for further direction.

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November 29, 2024 10:53 AM
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DAX Climbs Amid European Turmoil, Resistance at 19,430

DAX Climbs Amid European Political and Economic Turmoil The DAX is trading at 19,399.6, demonstrating bullish momentum despite rising European political and economic instability. Resistance levels loom, while Germany’s inflation figures and ECB commentary remain in focus.

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November 28, 2024 10:12 AM
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DAX Consolidates Near Resistance Amid US Data Focus

The DAX is trading at 19,270.6, hesitating near the top of a descending channel, as markets weigh US tariff threats, corporate news, and a jam-packed US economic calendar.

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November 27, 2024 10:17 AM
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Dell & HP Q3 2024 Earnings Preview: Key Insights & Risks

Dell & HP Inc. Q3 2024 Earnings Preview: Growth vs. Challenges Dell Technologies (DELL) and HP Inc. (HPQ) are set to release their Q3 2024 earnings aftermarket today. Both companies show growth potential but face unique challenges amid PC market headwinds.

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DAX Consolidates Amid Tariff Fears and Weak German Data

The DAX is trading at 19,266.6, consolidating after testing higher levels near 19,350 but pulling back due to resistance and weaker sentiment stemming from US tariff announcements and Germany’s economic slowdown.

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November 26, 2024 10:13 AM
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DAX Tests Resistance as Eurozone Sentiment Drops Further

The DAX is trading at 19,402.1, consolidating after breaking above short-term moving averages but facing resistance from a downward sloping trendline near 19,430. Eurozone sentiment data added pressure, with PMIs dropping to 48.1, the lowest in 10 months, sparking expectations of a 0.5% ECB rate cut in December.

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November 25, 2024 10:49 AM