trader9224

trader9224

Long position from earlier in the day got hit for a stop loss. Risking the other way for a possible reversal in this market

trader9224

Third time's the charm on USDCHF. Looking to take one final entry this week in USDCHF and ride it to my "target 2"

trader9224

Bullish USDJPY in the gap down. Looking at a retest and/or breakout of recent swing highs as targets

trader9224 Updated 

The USDCHF is still showing strong bullish momentum. Price action has been respecting HTF support levels and we've seen a recent breakout above resistance, signaling a potential continuation.

trader9224 Updated 

The USDCHF is currently showing strong bullish momentum on the 1-hour chart. Price action has been respecting the key support level, and we've seen a recent breakout above the resistance zone, signaling a potential continuation to the upside.

trader9224

The AUDUSD pair is showing strong signs of bullish momentum as we anticipate further upside potential. With an overall positive outlook on the Australian Dollar and supportive technical indicators, this pair is poised for a potential rally. Watch for favorable market conditions that could drive the price higher in the coming sessions.

trader9224

As the DXY faces resistance and shows signs of weakening, EURUSD may find support and start to push higher. Watch for a breakout above recent highs for confirmation and keep an eye on momentum and price action for the next key moves

trader9224

"The current price action suggests a bearish scenario for usdjpy. After a period of consolidation price seems to be setting up for a downward move with key indicators indicating a possible trend reversal."

trader9224

Following up on the previous trade idea , where we anticipated DXY breaking to new lows. We can now observe that the uptrend line has been broken, and a potential downtrend line is starting to form.

trader9224

The AUDUSD pair is showing strong signs of bullish momentum as we anticipate further upside potential. With an overall positive outlook on the Australian Dollar and supportive technical indicators, this pair is poised for a potential rally. Watch for favorable market conditions that could drive the price higher in the coming sessions.

trader9224 Updated 

The AUDUSD pair is showing strong signs of bullish momentum as we anticipate further upside potential. With an overall positive outlook on the Australian Dollar and supportive technical indicators, this pair is poised for a potential rally. Watch for favorable market conditions that could drive the price higher in the coming sessions.

trader9224 Updated 

"The current price action suggests a bearish scenario for usdjpy. After a period of consolidation price seems to be setting up for a downward move with key indicators indicating a possible trend reversal."

trader9224 Updated 

Over the weekend, the market closed following a 1H bullish trendline break. However, it appears the market is holding resistance on the intraday timeframes. If bearish momentum persists, the daily ATR suggests a potential test of the hourly swing lows around 103.3, assuming the bearish bias continues.

trader9224 Updated 

The current price action suggests a potential bearish scenario for USD/JPY. After a period of consolidation, price seems to be setting up for a downward move. The market is showing signs of weakness, with key indicators indicating a possible trend reversal.

trader9224 Updated 

The AUDUSD pair is showing strong signs of bullish momentum as we anticipate further upside potential. With an overall positive outlook on the Australian Dollar and supportive technical indicators, this pair is poised for a potential rally. Watch for favorable market conditions that could drive the price higher in the coming sessions.

trader9224 Updated 

As the DXY faces resistance and shows signs of weakening, EURUSD may find support and start to push higher. Watch for a breakout above recent highs for confirmation and keep an eye on momentum and price action for the next key moves

trader9224

The latest Producer Price Index (PPI) for the U.S. came in at 0.0% MoM, missing expectations of 0.3%. This suggests that inflation pressures at the wholesale level are cooling, which could signal a shift in the Fed's stance towards less aggressive monetary tightening. A softening in inflation reduces the likelihood of further interest rate hikes or extended...

trader9224

A bullish yen futures trade is initiated when there is strong upward momentum in the market, supported by favorable technical indicators and price action. Traders look for signals of a potential reversal or continuation, such as price bouncing off key support or moving averages aligning in a bullish direction. With a clear entry, stop loss, and take profit...