Works in Market analysis. With FBS since 2021.
Education & Work
- Diploma in economic security, Peter the Great St. Petersburg Polytechnic University.
- Professional retraining course as a translator in the field of 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.
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.
Novavax is Under Attack
Novavax tried to fulfill more than 2 billion doses of vaccine, but the campaign is now delaying too much due to production lags. Is that a sell sign for investors?
Earn This Season’s Earnings Season
This article is about future earnings reports and what can we do with them. We will go through several weeks, each one has enough companies for you not to get bored. The journey has begun!
It’s All About Those Banks
Over the last 18 months, governments have printed an unbelievably large amount of money. And while these measures help the economy to rise and thrive, the consequences can be severe for everyone.
Massive Cryptocurrency Technical Outlook
The time for cryptocurrency has come! Bitcoin is once again looking interesting enough to analyze it. But digital gold is not the only one to watch after.
Gas lights up
For the last several weeks gas was skyrocketing at an enormous pace. It has gained more than 17% from August 18. What is the reason for such moves?
Overview of Japan’s Economy and Monetary Policy
Less than a week ago we heard a lot of dovish statements from BOJ Gov Kuroda. What is happening with Japan’s economy and are the dark times beginning for JPY? It’s time to find out!
Carnival is Leaving the Dock!
On Thursday, September 23, shares of Carnival had jumped a solid 3% after the cruise line announced it is on track to have 50% of its fleet sailing again by October, and 65% by the end of the year. So what? Read the article to find out!
Shiba Inu coin: more than just hype, isn’t it?
Some cryptocurrencies, like Bitcoin or Ethereum, are useful and bring real value to the world.
What will move the market on October 18-22?
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
New Zealand Cash Rate will define the fate of NZD!
Reserve Bank of New Zealand (RBNZ) will reveal Official Cash Rate and make a statement about monetary policy on October 6, 04:00 GMT+3.
United States Purchasing Managers’ Index Will Move The Dollar
United States Institute for Supply Management (ISM) will release services Purchasing Managers' Index (PMI) on October 5, 17:00 GMT+3.
The most anticipated US jobs data is here again
United States Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on October 8, 15:30 GMT+3.
Turkey has Decreased Interest Rates, But is it a Buy?
Turkey’s central bank governor was at a crossroads: to hold interest rates and take a risk to be fired like it was for three governors before him, or to comply with the president, to cut rates, and to risk the market. Let’s find out, how to react to the rate cut.
What to expect from Microsoft event?
On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
Where is Dogecoin?
Did the era of the Dogecoin, the most famous cryptocurrency, come to its end, or it is just a calm before the storm? Let’s find out!
What will move the markets on September 20-24
Quadruple witching is gone and now there are no reasons for the market to hinder. From banks statements and economic data to gas storage reading and Fed’s Powell speech – get ready for active trading.
Currency strength is an abstract representation of the strength or weakness of currencies in the Forex market. Traders can use currency strength to predict currency movements when looking for the best trading opportunities. This is an excellent additional signal or filter in Forex technical analysis.