TraderNeoh

TraderNeoh Updated 

Hi Traders, I took a few days off to fully enjoy the precious time with my family & friends celebrating Chinese New Year, It's been so long since I'm totally off the chart for several days. For those who concerned if I'm okay, I am fine :) In the previous analysis, I talked about potential pullback towards 0.7705 before further bullish continuation. But price did...

TraderNeoh Updated 

Hi Traders, I took a few days off to fully enjoy the precious time with my family & friends celebrating Chinese New Year, It's been so long since I'm totally off the chart for several days. For those who concerned if I'm okay, I am fine :) In the previous analysis, I talked about EU rejecting 1.2140 minor resistance zone as people were chasing the buys, which was...

TraderNeoh

Hi Traders, I took a few days off to fully enjoy the precious time with my family & friends celebrating Chinese New Year, It's been so long since I'm totally off the chart for several days. For those who concerned if I'm okay, I am fine :) Currently we're looking at clear higher lows and highs sequence on the 4h chart on GU, with EMAs clearly sloping upwards. But...

TraderNeoh Updated 

In yesterday's analysis, I expected UJ to have some sort of tight consolidation near the 104.70 key support zone showing further weakness and downwards breakout possibility, which was exactly what the market performed. In today's trading session, I will be favor short-term selling opportunities as UJ is currently showing an exhaustion pattern as well. As RSI is...

TraderNeoh Updated 

In yesterday's analysis, I expected NU to re-test the 0.7220 support zone before further continuation towards the upside. Since early January I've been talking about a potential short term bearish reversal due to the over-stretched market condition. On 5th Feb, I expected NU to respect the bottom band of the squeezing model, with bullish continuation testing the...

TraderNeoh Updated 

In yesterday's analysis, I discussed about the possible re-test of 0.7701 minor support zone with further continuation towards the upside. On 29th Jan - 5th Feb I've been talking a potential reversal back to the long-term bull trend due to the falling wedge pattern, which was exactly what the market performed. I noticed that yesterday's rally was relatively weak...

TraderNeoh Updated 

In yesterday's analysis, I expected EU to have further bullish continuation towards the 1.2150 resistance zone, which is exactly what the market is performing now. In today's trading session, I will remain neutral bias as the RSI condition is currently quite over-stretched, near the 75 mark. I will be expecting some pullbacks rejecting 1.2140 minor resistance,...

TraderNeoh Updated 

In yesterday's analysis, I expected GU to have minor pullbacks for further bullish continuation, which was exactly what the market performed. In today's trading session, I will remain neutral bias despite the bullish momentum on GU due to the current over-extended condition (RSI, 75). I will be very cautious on the buys at the moment and pay attention to 1.3840...

TraderNeoh

Hi Traders. Today's topic is something I've been highlighting all the time which is trading psychology. Bare in mind, you can have or given the best strategies but still not being consistently profitable due to an unhealthy psychological state. The other day, there was one relatively new trader, 1 month into the business asking for my help, as he was involved in a...

TraderNeoh Updated 

In yesterday's analysis, I talked about potential reversal on UJ rejecting the 105.550 key resistance zone with double top as the trigger, which was exactly what the market performed. In today's trading session, I will be favoring short-term selling opportunities, but be aware of 104.700 key support zone, if there's a strong rejection of that zone as could expect...

TraderNeoh Updated 

On Friday's (5th Feb) analysis, I talked about the formation of the squeezing model on NU with possible reversal back to re-test the upper band. In yesterday's analysis, I expected NU to violate the upper band with continuation toward the upside which was exactly what the market performed. In today's trading session, I will be focusing on short-term buying...

TraderNeoh Updated 

On Friday's (5th Feb) analysis, I talked about the falling wedge pattern with potential bullish reversal. In yesterday's analysis, I expected AU to re-test the 0.7660 support zone with continuation towards the upside, which was exactly what the market performed. In today's trading session, I will be focusing on short-term buying opportunities after some pullback,...

TraderNeoh Updated 

In yesterday's analysis, I discussed about EU could potential reverse back up breaching above 1.2055 minor resistance zone, which was exactly what the market performed. Hopefully it has been great for you to catch the short-term selling opportunities since early January if you're following me along. In today's trading session, I will be favoring short-term buying...

TraderNeoh Updated 

In yesterday's analysis, I discussed about a potential drop from the 1.3740 - 1.3750 key resistance zone, which was exactly what the market performed. But during the NY session, GU found buyers pushing price through the 1.3750 key resistance creating a new high. In today's trading session, I will be looking for short-term buying opportunities. There are two setups...

TraderNeoh Updated 

In Friday's (5th Feb) analysis, I talked about a potential rejection at the 105.70 resistance zone due to the over-extended condition, which was exactly what the market performed. But I've noticed that the rejection was strong, but the follow up was weak. Noticed that despite the strong bearish engulfing candle, buyers' still managed to take control of the bearish...

TraderNeoh Updated 

In Friday's (5th Feb) analysis, I talked about the squeezing model forming on NU with possible rotation back to the upper band, which was exactly what the market performed. In today's trading session, I will remain neutral bias as NU is currently in a range bound condition. There are two setups that I am looking at 1. If we notice 0.7220 minor resistance zone is...

TraderNeoh Updated 

In Friday's (5th Feb) analysis, I expected AU to reverse back upwards due as I noticed the formation of a falling wedge pattern with 0.7650 resistance zone as the target, which was exactly what the market performed. In today's trading session, I will remain neutral bias as AU is currently in a range bound condition with equal possibilities of either direction in...

TraderNeoh Updated 

In Friday's analysis, I expected EU to pullback towards 1.2050 zone as I can see majority was chasing the sells, which was exactly what the market performed. In today's trading session, I will remain neutral bias as EU is currently in a short-term downtrend, but long-term uptrend. There are two setups that I am looking at 1. I will be taking any retracement...