Are you still watching YouTube videos of traders showing off their luxury cars and million dollar properties? They make it look so easy to profit from the market. A few clicks here and there. Add some magical indicators. Suddenly you're making thousands of dollars a day. I fell for it hard. I was like you. I wanted something that could get me rich quick. The...
Have you ever wondered why some trades feel different than others? You're following the same strategy, looking at the same patterns, but something just feels... off. Last week, I received a message from a trader who was convinced that his strategy wasn't working. He had back-tested it extensively with 300 data points, showing a 45% win rate with a 1:2 risk-reward...
Have you ever experienced a panic attack while trading? The panic when your trade goes into drawdown. That strong urge to move your stop loss. The hope that the market will turn in your favor? I've been there. I’ve lost over $10,000 because I couldn't control my emotions. Every time I saw my trade go against me, my heart would race. My palms would get sweaty. I'd...
I always thought I could be rich through trading. I’m always looking at the social media where trading gurus will flip their $1,000 account into $100,000. They flaunt their lambo, watches, big apartment, luxury goods and the alluring financial freedom. Like you, I also dream of being financially free. Not wanting to work a fixed 9-6 job, with the inflexibility to...
The Illusion of the “Perfect Routine” and Trading Psychology I always thought that if I did the million-dollar morning routine, take ice bath, meditate, and practice mindfulness, my trading psychology will be fixed. Whenever I see price is moving in my favour, I shifted my stop loss to secure profits. It’s fine right? It’s never wrong to secure real profits...
Price played out nicely as analyzed last week, with price finally taking out the relatively equal lows at 3.00 which I talked about since 24 Nov 2023. However, price is still within an overall bearish order flow on the higher timeframe. I'm expecting this rally to be short-lived and next target could potentially be the clean highs at 3.44.
Price played out nicely as analyzed last week, taking out the sell-side liquidity and into the bullish order block at 69.80, and giving us a +13.49% to the upside. From here, I expect a bearish retracement and price could continue higher following the new bullish order flow.
Price played out nicely as analyzed last week. However, price is still unable to fill the fair value gap at 33.20 before the bullish move. Price is showing exhaustion and I'm expecting a bearish retracement from here. $33.20 could finally be targeted next.
Price is in a consolidation phase since November 2023. With price showing bullish momentum here, I'm expecting the next target to be the clean highs at 96.51, followed by the fair value gap at 97.58. Unfortunately price is unable to push lower to fill the lower fair value gap before climbing higher as originally expected.
Price played out nicely as analyzed last week, giving us a +4.48% move to the upside, shy of hitting our target of the clean highs at 158.65. No changes to my expectations. I'm expecting the highs to be hit soon, but expect some consolidation or a bearish retracement from here.
Price played out nicely as analyzed, giving us a bullish retracement and now coming back down following the bearish order flow as expected. From here, since price has swept the liquidity above 4.78, I'd like to see a clean break below 4.01 for price to continue lower. If not, I'd expect price to consolidate for a bullish break of market structure.
Price consolidated since my last analysis. No changes to my original expectations, I'm expecting a bearish retracement to fill the fair value gap at $126.71 next, given the over-extended bullish price action recently.
Price did not play out as analyzed last week. However, my original expectations still holds. Price could potentially be making a bullish retracement into the bearish order block at 27.11 before making its way to take out the equal lows at 23.31 as the target.
Price played out nicely as analyzed last week, giving us a -10.14% move to the downside. From here, no changes to my expectations, I'm expecting a continuation to the downside following the bearish order flow. With most of the bearish impulse showing high volume, I'd expect the recent highs to hold.
Price played out nicely as analyzed last week, giving us a -4.61% move to the downside. Price is defying the general market trend over the past few weeks. From here, I'm expecting a continuation to the downside, following the bearish order flow.
Price played out nicely as analyzed last week, giving us a +4.29% move to the upside. As earning release draws near, price could potentially reach for the $200, targeting the clean highs at $199.51 from here.
Price played out nicely as analyzed last week, giving us a -16.48% move to the downside. As price is over-extended to the downside, I'm expecting a bullish retracement from here. Target for the bullish move will be the bearish order block at 7.67.
Price played out nicely as analyzed last week, giving us a -3.43% move to the downside. Price consolidated for the rest of the week since then. No changes to my expectations, I'm expecting a bearish retracement into the bullish order block at 460.50.