Market alerts warn you when a fixing is strongly recommended on the day of the alert.
When do I receive market alerts?
How can I be informed that there is a market alert?
What is recommended to do in case of market alerts?
WHEN DO I RECEIVE MARKET ALERTS?
In the application, Take Profit and Stop Loss alerts talk about the dynamics of the wholesale market because it takes into consideration the prices provided by the suppliers to their customers. They do not refer to the prices as a good enough price or as the price over which you don't want to go.
A. Stop Loss Alert
You receive a Stop Loss Alert when:
- Prices of the forward products have increased by a significant percentage over the last weeks on the wholesale market.
- There is a risk that the prices could continue to rise.
B. Take Profit Alert
You receive a Take Profit Alert when:
- Prices of the forward products have decreased by a significant percentage over the last weeks on the wholesale market.
- On analysing the recent past, there is a market opportunity based on the analysis of the trends in the recent past.
C. Low Price Alert
You receive a Low Price Alert when:
- Prices of the forward products are at a historical low level compared to their prices in the past months and the forecasts indicate an increase in the coming weeks.
- There is a market opportunity based on the analysis of the trends in the distant past.
HOW CAN I BE INFORMED THAT THERE IS A MARKET ALERT?
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On the day of the alert
- A notification is sent that advises you to make Alert fixings on that day itself
In case of Market alert, you will receive an email notification even if the notifications are disabled. - Banners and icons in the application
The banners and icons indicate which Alert fixing advice, based on the market alert, is recommended.
Alert in the form of banner and icon in the dashboard
- A notification is sent that advises you to make Alert fixings on that day itself
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When the duration for the alert ends
At the end of the day, every trace of the alert disappears except in the history of the optimisations for which you received the alert. It helps you to check what Alert fixings were recommended on a given day
Because the risk management strategies help to minimize the risk by not concentrating all the fixings in a very short period, the application freezes the system of alerts for several weeks once it has been activated.
WHAT IS RECOMMENDED TO DO IN CASE OF MARKET ALERTS?
You need to ask your supplier (outside this application) to make the fixings based on the Market alert. In the application, you can only update the status of your fixings in order to receive relevant advice for your optimisation.
Step 1: Contact your supplier
Ask your supplier for a price corresponding to the fixing advice (% to fix for a period of consumption).
Based on the price and other information that you receive, you can take the decision to make the fixing or not.
Step 2: Update the status of the fixings on the application
To do so, follow these steps:
- In the dashboard, click on the 'Optimisations' tab in the menu bar or,
Click on the 'My optimisations' button in the 'Optimisations' section. - In the 'OPTIMISATIONS' page, select the optimisation from the list of optimisations.
- In the 'DETAILS OF OPTIMISATION' page, click on the 'Indicate the fixings you made' button.
- In the "FIXINGS MADE" page, the alert bindings appear at the top of the page.
Enter the fixations.
- Select the concerned period
- Select the date of your fixation
- Indicate the % of volume fixed and if you have activated the "Expectations and outcome" function the price proposed by the supplier.
- Click on the "Add" button
- Click on the 'Save' button at the bottom of the page.