trader9224

trader9224

the markets opened up for the week and DXY - the US dollar index - immediately started selling off, down almost 0.5% within the first couple hours of trade.. i think its time to leave that market alone until it sees some stability. i will now be looking over to the gold market

trader9224

carrying the bullish DXY outlook from last week into this next week of trade kicking things off by looking at a eurusd short off last weeks highs put in on a news spike. i think said new spike was a bit of an "overreaction" by the markets and that price action will retest - if not trade lower than - the price levels it spiked from

trader9224

Looking for lower price in the October 2024 Yen Futures. (In my analysis) The higher time frame charts are in play as the market dances around 4H, D, and W structure levels. We will have to keep a close eye on intaday, and intraweek, price action to see where the market finds support or resistance. Stay tuned!

trader9224

Oddly enough, the lower it goes, the more I like it.. However, having the patience to wait on price action to find a solid market structure level to call support is another game entirely. bullish DXY in general so watching UJ at "support" levels

trader9224

we have been selling the rips in eurusd. First here , and then again here . Targeting 1.10000 eurusd in the coming weeks of trade, an area well within the weekly ATR. Stay tuned for updates!

trader9224

originally posted here . 102.500 DXY in the coming weeks? The Eurozone has opted to keep interest rates stable at 3.65%, signaling a wait-and-see approach to current economic conditions. Meanwhile, U.S. jobless claims have come in 3,000 lower than expected, reflecting a stronger U.S. labor market. This divergence in data is likely to put pressure on...

trader9224 Updated 

While U.S. economic data hasn't been stellar, it's still holding up well enough to support the dollar. Intra-week price action (8/26/24 - 9-6-24) reflects this, with strong upward movement indicating a continuation of the bullish trend. Keep an eye on key support levels and potential pullbacks, as this bias could persist heading into the coming weeks. Blue ATR...

trader9224 Updated 

I'm currently building a long position in USD/JPY, anticipating continued bullish momentum as we move into next week. With supportive fundamentals and technicals aligning, the pair is showing signs of strength, and I expect this trend to carry forward. The U.S. dollar remains resilient, and with potential catalysts ahead, I'm looking for further upside. Gradually...

trader9224 Updated 

With U.S. CPI data coming in stronger than expected, we’re seeing renewed bullish momentum for the U.S. dollar. This puts pressure on EUR/USD, leading to a likely continuation of the bearish trend into the following days of trade.

trader9224 Updated 

I’m looking to short EUR/USD again on the 15M chart , with expectations of continued bearish momentum carrying into the next day of trade. Price is showing consistent weakness, and the downtrend remains intact, making this an ideal setup to capture further downside. I’ll be watching for the market to maintain this structure and will adjust if any significant...

trader9224 Updated 

I’m looking to add into my USD/JPY longs as the pair continues to show strong bullish momentum. Price action remains supported by key levels, with buyers stepping in on dips. As long as the bullish structure holds, I’ll be adding to my position, aiming for higher levels in the coming sessions. Let’s see how the price reacts to any pullbacks for optimal entry points!

trader9224 Updated 

I’m looking to enter a short position on EUR/USD, using the 15M chart for a refined entry in line with the bearish outlook from the 4H chart. Price is showing signs of rejection at a key resistance level, and momentum is shifting downward. This entry offers a good opportunity to ride the overall bearish trend expected for the day and week. Let's see how the price...

trader9224 Updated 

I’m expecting EUR/USD to have a bearish day and possibly continue this trend throughout the week. The 4H chart is showing strong downside pressure, with price struggling to break above key resistance levels. I’m anticipating further declines as this bearish structure continues to unfold. Let’s see how the market plays out!

trader9224 Updated 

Getting ready for next week's USD/JPY setup! 🚀 The market is aligning for a potential big move, and I'm positioning myself for the action. Watch closely as I plan my entries and manage the trade—timing is everything! ⏳ If you're into catching high-probability trades and want to see how I approach the markets, make sure to follow and stay tuned. Let’s ride this...

19:22

trader9224

What is day trading? If I were to ask you for your definition of day trading, what would you tell me? Go ahead and type it in the comments below. Spoiler alert! Its getting into the market at or near the opening price (of that current day of trade) and out before the close, something like this ..

18:02

trader9224

In this TradingView breakdown, I explain how I incorporate the Daily ATR (Average True Range) and the Daily Open Price into my day trading strategy. These are key tools I use to gauge potential price movement and set trade targets. I also define day trading as entering the market at or near the daily candle's opening price and exiting before it closes, taking...

trader9224 Updated 

I'm watching for a short opportunity on EUR/USD as the market shows signs of weakening around a key resistance zone. Momentum is shifting, and with volatility expected to increase during the New York session, I’m targeting a quick move to the downside. This setup aligns with my strategy for capturing short-term bearish momentum. Let’s see how it plays out!

04:07

trader9224

In this video, I dive into the crucial lessons I wish I knew when I first started trading, focusing on the Daily ATR and daily open price. Many U.S. traders believe they're getting an early start by waking up at 4-6 AM, but in reality, the New York session is the final session in the Forex market. By the time we hit our screens, the market might already be...