TraderNeoh

04:18

TraderNeoh

Hi Traders. One of the biggest questions for most of us now could be "Is the stock market/ Indices turning back into an uptrend?" My answer to this will be based on multiple scenarios. Yes, for the past one month things have been looking very healthy, but technically it is still under a mid-long term downtrend. Mainly because it still has a huge resistance...

03:12

TraderNeoh

Hi Traders. In the recent few analysis on USDJPY and some other JPY pairs, I've been talking about several selling opportunities. Yesterday, USDJPY and most JPY pairs found strong buying pressure, rallied from 130.50 to 133.90 for over 300+ pips. When scenario like this happen, there are two perspectives you can view this from 1. Buyers taking over, price is now...

02:22

TraderNeoh

Hi Traders. Yesterday was quite a slow & choppy day, in fact, during the early Asian session just now, tested 1766 area (previous minor resistance now turned support), then price pushed all the way towards 1780. The short-term direction is clear, price forming higher highs & lows sequence, but the volatility is definitely slowing down. If you're looking to for...

TraderNeoh

I think most people overweight the word "motivation" Motivation only gives you the sudden thrust to initiate, continue or terminate a certain behaviour at a given time, it is not lasting. Without a good attitude, mental and physical toughness, effort, passion, and focus, motivation is nothing but a booster. You do not need motivation to succeed as it only...

06:03

TraderNeoh

Hi Traders, here's a quick recap on some of the trades I took on GBPJPY and EURJPY today. Took a total of 3 trades 1st - GBPJPY (+2.34R), tp hit 2nd - GBPJPY (2.1R), tp hit 3rd - EURJPY (1.2R), trail stops

03:55

TraderNeoh

Hi Traders, the direction of GBPUSD in the short-term is looking quite mixed, but why do I think we will probably see some buying pressure soon? If you go back to last Friday's Price Action (29th July), the way price created a V-shape reversal at 1.2080, it simply tells you that there are tons of buyers accumulating their orders there. There are two areas where...

03:53

TraderNeoh

Hi Traders, for the past 1-2 weeks I've been calling long setups on Gold and all of them went according to plan. 1680, 1700, 1713, 1740, all these were areas where I mentioned we could be buying into the dip. However, as now price seems like its slowing down and rolling over, try not to rush into any trades especially when Gold is still in an overall mid to...

12:32

TraderNeoh

To become a flexible Trader might sounds like an easy thing to do, but to become a consistently profitable Trader in the market takes lots of internal growth. In this video I'll be sharing some of my personal experiences and advice into becoming all-rounded 'good ' Trader. If you like the content make sure you click the like button and share it with anyone...

03:07

TraderNeoh

Hi Traders. The recent setups on Gold has been very blessed. I talked about buying opportunities at 1680 anticipating a complete reversals at the key multi-year support. Market rejected 1680, then I talked about further long opportunities at 1713 and 1740, both of them were very accurate with decent RR. As now Gold is still moving up healthily, I do expect...

03:14

TraderNeoh

Hi Traders. If you've not watched yesterday's analysis, I will link it down in the description below. I talked about USDJPY potential shorts when price was around 136.30 yesterday, expected some strong selling pressure mainly due to how over-stretched UJ was since Dec 2020. If you've joined the sells yesterday, for the time being it has plummeted for over 300...

02:39

TraderNeoh

Hi Traders, yesterday I talked about potential weakness on most of the JPY pairs, which actually went according to plan very nicely. As the market has been showing lots of Bearish signs, I will still be mainly looking for sell setups, targeting the 160.70 key support level. If you enjoy the content, make sure you follow my profile and click the like...

06:08

TraderNeoh

Hi Traders, here's a quick Trade Recap on GBPJPY (+4.18R) & AUDJPY (+3.18R). Both had very similar thesis behind, was mainly looking for further Bearish continuation. Could've held them slightly longer since the momentum was rather strong, but I chose to closed out both positions earlier to avoid some news event. If you enjoy the content, make sure you follow...

09:16

TraderNeoh

One of the common patterns amongst Traders that's really causing them to unable to achieve consistency, is the fact that they do not own up/ admit their mistakes. We're all humans, and we're bound to make errors every day, week, or month. There's nothing wrong with making mistakes, and certainly making mistakes don't make you look stupid. It is the way that you...

02:02

TraderNeoh

Hi Traders. I believe USDJPY is one of the 'clearer' setups today, as yesterday's FOMC news gave some Bearish pressure on it. For now, I will be looking for some short-term sell setups, and the Area of Value will be around 136.60 - 136.80. But bear in mind, when you're taking countertrend setups, all the minor S&R structure beneath OR above could be a threat to...

03:39

TraderNeoh

Hi Traders, in yesterday's Gold analysis I talked about buying opportunities at 1713 due to multiple confirmations lined up. If you've not watched the previous analysis i'll link it down in the description. For now, I do expect further rally on Gold, but do not ignore some of the minor resistance above like 1740, 1743. When price is technically still in a...

03:38

TraderNeoh

HI Traders, its been awhile since I last updated on Bitcoin, mainly because I've talked about sells at 50k, 41k, 39k, 27k, etc... If you've followed my analysis along I believe you pretty much got most of the positions and timing correct. Why do I still think Bitcoin is heading for a lower support price? It is mainly due to the current Price Action and the...

03:29

TraderNeoh

Hi Traders. USDCAD has been in a relatively choppy market recently, if you look at it on a broader perspectives, market has been in a range bound condition since 2015. Previous price attempted multiple times to break above 1.30 - 1.3030, on 14th July when price finally broke above but faced immediately failure plummeted back below 1.30. From all these small...

02:19

TraderNeoh

Hi Traders. In the previous analysis, I talked about buying opportunities around 1680 - 1685, then we saw a strong rejection pushed price all the way towards 1737. Then yesterday I talked about further buying opportunity if we notice some minor pullbacks + tight consolidation, which is also what the market is doing right now. Now we're waiting for the final...