TraderNeoh

06:24

TraderNeoh

Hi Traders, in the previous mindset sharing I talked about the simple equation that has helped me to progress faster "Pain + Reflection = Process" But you could be thinking "How do i reflect?" OR "I do reflect a lot, but I don't see myself going anywhere." I believe it all comes down to the way you perform your self-reflection & self-reviewing...

02:03

TraderNeoh

Hi Traders. In the previous several analysis I talked about buying opportunities as price broke above the minor resistance structure at 139, then I mentioned we're looking to target 142. Everything has been into our favour so far. But do not forget, when price had multiple rejections at 144, followed by strong reversal downwards, things have shifted to Bearish...

02:10

TraderNeoh

Hi Traders, yesterday I talked about buying opportunities around 1715 area, which was actually a decent one, not lots of momentum but still went according to plan. Today's setup will be similar, I'll be looking for buying opportunity around 1719 - 1720. If price rejects the minor support, then the setup is valid, I do expect more volume/ momentum to setup in,...

02:32

TraderNeoh

Hi Traders. If you go back to my analysis on 14th - 15th July, I talked about buying opportunities around 95 as price formed a solid rejection at the key support area. But one thing I did highlight, was to only target around 103 - 105 area, simply because I respect the short-term market structure. When the market is forming lower highs & lows, it tells you that...

02:31

TraderNeoh

Hi Traders. In the previous analysis on last Thursday, I talked about buying opportunity around 1680 as I was expecting price to respect a multi-year support level. In fact, price did some solid bounce from 1680 to high at 1740 (600 points). For now, as we still do not get enough confirmation to conclude the short-term sentiment shift, I will be observing and...

05:44

TraderNeoh

Hi Traders, welcome back to another mindset sharing video. Whenever I go through some obstacles or failures, I always go back to this simple equation by Ray Dalio, "Pain + Reflection = Progress" In life, the only way to not experience any failures is to avoid them, which could be very detrimental to your personal growth. To grow, one need to experience certain...

02:12

TraderNeoh

Hi Traders. If you've watched yesterday's market breakdown on Gold, basically I talked about buying opportunity around 1680 as it has been proven a multi-year support since 2020. Because of how many rejections it previously had around 1680, I really do not expect a break below it soon. But bare in mind, this is more to a short-term long setup, I do not expect...

04:00

TraderNeoh

Hi Traders. I will make a reminder again, I am not here telling you to catch falling knives, but in the video I will explain some of the interesting Price Action breakdown on why I think EURUSD is probably going to have some rally. Price previously had multiple rejections at 1, which is a huge memory zone + psychological level. Then price had an attempt to break...

02:31

TraderNeoh

Hi Traders. If you've been trading the currency market, you'll probably know that the recent dollar strength has been insane. Since the peak at 109, I actually noticed some weakness, especially the way price failed to form higher lows sequence. Price then slipped below 107.50, further proved that probably we're looking at some short-term weakness. To validate...

02:23

TraderNeoh

Hi Traders. Gold has been in a short to mid-term downtrend since March 2022, and up to today we're still constantly see Bearish Price Action. But one huge multi-year support zone to be aware of is the 1680 - 1690 area. I don't believe price will completely just reverse from this point onwards, but high chance we'll be seeing some bounce there. I am personally...

02:56

TraderNeoh

Hi Traders. If you've watched my previous analysis on EURJPY, I actually was expecting price to hold below the 200ema on the 4h chart. But price obviously found lots of momentum pushing towards the upside. The current 1h candle basically just how buyers' are now in control. During a strong trend like this, I'd recommend you to avoid going against it because we...

02:51

TraderNeoh

Hi Traders. I've not uploaded any setups breakdown today as I do not see much opportunities around, some of them actually did not go according to my daily plan. The setup I discussed in this video is more of a short-term trade, not really looking for a complete reversal as we'll need a lot more confirmations. But, price is now forming lower highs & lower lows...

04:42

TraderNeoh

Hi Traders. It's been awhile since I last updated on AUDUSD. Recently I've noticed some really interesting move on AUDUSD, so just thought of sharing my POV here. If you take a close look at AUDUSD, Price Action had been Bearish since the peak at 0.8 level on Feb 2021. Arguably, some of you might say the market is in a downtrend. Yes, I think its partially...

03:04

TraderNeoh

Hi Traders. I've been talking about selling opportunities on Oil, just because of how the Price Action is telling sellers' in control. But last Thursday basically price formed a relatively large reversal Doji pattern at 95, which actually held me back from further short setups. One thing to remind yourself, most of the time the more obvious something is, the...

08:59

TraderNeoh

Seems like most of the Traders think that by trading more = more profits. The answer to this can be two-dimensional. Yes, theoretically the more you trade means you could make more money. If we simply do the math, day trader should be making more than swing trader/ long-term investor right? But why the failure rate of short-term Trader is much higher than swing...

03:48

TraderNeoh

Hi Traders. Gold has been in a strong short-term downtrend ever since the breakdown below 1790. And due to the strong Bearish momentum, I'd simply avoid performing any sort of countertrend setup as its almost like catching a falling knife. However, as price gets closer to the major level of support at 1680 - 1690, just be extra cautious if you're still looking...

04:03

TraderNeoh

Hi Traders. If you've not watched my yesterday's analysis and Trade Recap on EURJPY, I will link in down in the description below. Yesterday as you all knew, I took some short position on EURJPY and ended up in about +2.6R. Coming today, I will be against focusing on how price reacts around 139.70 - 140. As long as price rejects the 200ema on the 4h chart, I...

09:06

TraderNeoh

Hi Traders, here's another Trade Recap for today. Took a total of 3 positions. Yes, although I still closed out the day for a decent profit, but making money doesn't necessarily mean I'm doing the right now. The first short position on EURJPY, which I got out at Breakeven (+0.6R), was actually closed out very unnecessarily, could've held it for about +7R if I...