Trading the daily chart independently proved its worth in today’s New York session. Not only did I branch out into other pairs with confidence, but I also locked in profits on both the euro and Australian dollar. Today’s price action reinforced my strategy, and given that the futures broker I’m considering prefers to flatten trades by day’s end, my approach is...
Took a 0.5% loss today, caught on the four-hour chart trying to buy. That was enough to shift my focus entirely to the daily chart. My levels will still come from weekly and monthly analysis, but the daily now defines my entries. To cement this strategy, I’ve spent time marking up other charts, embedding it into my process and locking in my approach for 2025....
After digging into the euro FX futures chart, it’s clear we didn’t need the weekly—today’s price action was written in the daily parent candle. From now on, I’m focusing on the daily and four-hour charts. Here’s why: the daily close provides the freshest, most actionable data, the real pulse of the market. The weekly? It’s simply broader context, useful but less...
We’re working off last week’s range. Typical Monday vibes today—hit the 1.02 level, took profit on the open trade, and printed a solid pin bar rejection. That’s a clear signal we could see some upside movement brewing. Still, the data’s thin right now, and this market isn’t ready to give up all its secrets. I’ll keep an eye on the New York session, but the real...
This setup started on the weekly chart, tracked through the daily, and the order was placed on Wednesday. Non-farm employment change today gave it the push it needed—now it’s cruising toward take profit. That’s 1% of the account, plenty to live off with the right size. The formula’s simple: one solid trade a week. No chasing, no stress. Have a great weekend!
The market’s a loaded gun—trigger pulled, but no bang yet. We’re stuck at break even, staring down tomorrow’s red flag news like a storm about to break. This trade doesn’t need babysitting and I’m not about to play hero by adding to the position. Let it breathe. The fuse is lit; now it’s just a matter of time. Will the news spark a breakout or drag this trade into...
Looks like we’ve got a fresh swing point printed across the board, signaling more downside to come. A quick glance at the four hour chart backs that up—clean and clear, no guessing needed.
Here’s the game plan: I’ll be working with the equilibrium of the daily parent candle as my entry. It’s sitting at a logical level, perfectly aligned with the narrative....
Leading on from yesterday where I'd used the weekly range, I now favour the accuracy of the daily levels since we have more data.
We're presented with a bearish candle that closed inside the range of the highlighted parent candle.
So, that FVG on DXY is still there, also the pound swept yesterday's high.
It seems neutral, eh?
I still think there will be...
So, this is my strategy moving into 2025. I'm a break even trader starting my 5th year in the hot seat.
I'll be trading a 50k demo right here on tradingview. 1% risk per trade, minimum r:r = 1:1.
I'm only entering trades on EU at this stage, however DXY and GU are always on my screen.
Timeframes: Weekly, Daily and H4, primarily focused on the daily, hence it...
