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Using 1 min time frame for entries on VX algo & day tradingwhat time frames do you use to confirm entries outside of a buy signal? If I am day trading, I will mainly use the 1 minute time frame to look for moving average support and resistance, and read the candle stick patterns as well from that chart. However, there are times I'll switch to a 5 minute and 10 minute time frame to take a look at levels for moving averages and see what the candle stick patterns are from there. So for example, today we had 3 of the x1 sell signals around 9:31, so we pull up the 1 min chart, we are getting confirm break of the 1st moving average support = bearish confirmation #1, follow by DHC = Bearish confirmation #2 , and the sell signal is already 3 confirmations, so we need to short ASAP.
CME_MINI:ES1!
by WallSt007
31
DIYWallSt Trade Journal: How I Navigated Powell Firing Rumors & 07/16/25 Trade Journal, and ES_F Stock Market analysis EOD accountability report: +428.75 Sleep: 7 hours Overall health: Good VX Algo System Signals from (9:30am to 2pm) — 4:17 AM Market Structure flipped bullish — 9:50 AM Market Structure flipped bearish — 12:00 PM VXAlgo NQ X3 Buy Signal — 1:02 PMMarket Structure flipped bullish What’s are some news or takeaway from today? and What major news or event impacted the market today? Today was a crazy trading day with a bunch of wild moves because Trump said they were going to fire Powell and then cancelled the threat. Overall health and sleep have been good this week and our trading balance is reflecting that. News — 10:30 AM *SCOTT BESSENT: “FORMAL PROCESS” TO REPLACE FED CHAIR POWELL UNDERWAY — 12:11 PM *TRUMP ASKED IF HE WILL FIRE POWELL: NOT PLANNING ON DOING ANYTHING What are the critical support levels to watch? --> Above 6290= Bullish, Under 6280= Bearish Video Recaps -->https://www.tradingview.website/u/WallSt007/#published-charts
CME_MINI:ES1!
by WallSt007
DIYWallSt Trade Journal: Perfect Morning Signals & Rate Cut bets07/15/25 Trade Journal, and ES_F Stock Market analysis EOD accountability report: +404.50 Sleep: 7 hours Overall health: Good VX Algo System Signals from (9:30am to 2pm) — 8:41 AM Market Structure flipped bullish on VX Algo X3! — 9:33 AM VXAlgo ES X1 Sell Signal (triple sell) — 9:40 AM Market Structure flipped bearish on VX Algo X3! — 1:20 PM VXAlgo ES X1 Buy signal (triple buy) What’s are some news or takeaway from today? and What major news or event impacted the market today? We got great signals at the start of the day and that really helped with today's trading. I had some meetings today and stufff to take care of so i decided to lock out the funded account around noon and called a day. News — 9:54 AM *TRADERS STICK TO BETS ON SEPTEMBER FED RATE CUT AFTER INFLATION REPORT What are the critical support levels to watch? --> Above 6295= Bullish, Under 6285= Bearish Video Recaps -->https://www.tradingview.website/u/WallSt007/#published-charts
CME_MINI:NQ1!
by WallSt007
DIYWallSt Trade Journal:The Importance of Your First Trade **07/14/25 Trade Journal, and ES_F Stock Market analysis ** EOD accountability report: +158.75 Sleep: 7 hours Overall health: Good ** VX Algo System Signals from (9:30am to 2pm) ** — 8:00 AM Market Structure flipped bullish on VX Algo X3! — 10:30 AM VXAlgo NQ X1DD Buy Signal — 11:50 AM VXAlgo ES X1 Sell Signal — 1:00 PM VXAlgo NQ X1DD Buy Signal **What’s are some news or takeaway from today? and What major news or event impacted the market today? ** I need to really be careful with my first trade and making sure it is a high probability trade, otherwise a bad early start is likely to ruin my whole day. News — 1:42 PM *TRUMP TO UNVEIL $70 BILLION IN AI AND ENERGY INVESTMENTS — 4:08 PM *S&P 500 ENDS HIGHER AS STOCKS RISE AFTER TRUMP SAYS OPEN TO DEALS ON TARIFFS **What are the critical support levels to watch?** --> Above 6295= Bullish, Under 6285= Bearish Video Recaps -->https://www.tradingview.website/u/WallSt007/#published-charts
CME_MINI:ES1!
by WallSt007
DIYWallSt Trade Journal: Why Price Action Beats News **07/02/25 Trade Journal, and ES_F Stock Market analysis ** EOD accountability report: +763 Sleep: 4.5 hours Overall health: sleep deprived ** VX Algo System Signals from (9:30am to 2pm) 4/4 success** — 9:57 AM Market Structure flipped bullish on VX Algo X3! :check: — 10:30 AM Market Structure flipped bullish on VX Algo X3! :check: — 11:10 AM VXAlgo ES X1 Sell Signal :x: **What’s are some news or takeaway from today? and What major news or event impacted the market today? ** You can't trade on news, the only thing that matters in day trading is price action. Bad news can still make the market go up. News The U.S. economy lost 33,000 jobs in June, as per ADP, badly missing forecasts for a gain of 99,000. MICROSOFT TO LAY OFF AS MANY AS 9,000 EMPLOYEES Tesla’s NASDAQ:TSLA Q2 deliveries miss consensus expectations **What are the critical support levels to watch?** --> Above 6250= Bullish, Under 6240= Bearish Video Recaps -->https://www.tradingview.website/u/WallSt007/#published-charts
CME_MINI:ES1!
by WallSt007
DIYWallSt Trade Journal: Why Traders Are Rotating from Nasdaq to**07/01/25 Trade Journal, and ES_F Stock Market analysis ** EOD accountability report: +1160 Sleep: 5 hours Overall health: Need to catch up on sleep again ** VX Algo System Signals from (9:30am to 2pm) 4/4 success** 9:39 AM Market Structure flipped bullish on VX Algo X3! :check: 11:00 AM Market Structure flipped bearish on VX Algo X3 :check: 11:24 AM VXAlgo ES X1 Buy signal :check: 12:00 PM Market Structure flipped bullish on VX Algo X3! :check: **What’s are some news or takeaway from today? and What major news or event impacted the market today? ** RTY and YM leading the way today NQ lagging Why is this? The answer is, Simple Supply and Demand theory. Money has to come from somewhere. If Money is going to YM and RTY, Money has to leave from NQ or ES or both. There is not an infinite amount of money, So if one index is outperforming like crazy over the other. It must be draining from it Why would it drain from NQ? Easy Because NQ and ES already hit ATH, YM and RTY has not hit ATH yet. So people are selling NQ and buying YM because it is on Discount News N/A **What are the critical support levels to watch?** --> Above 6235= Bullish, Under 6210= Bearish Video Recaps -->https://www.tradingview.website/u/WallSt007/#published-charts
CME_MINI:ES1!
by WallSt007
06/30/25 Trade Journal, and ES_F Stock Market analysis EOD accountability report: +212 Sleep: 7 hours Overall health: Good, caught up on workout and sleep over the weekend. ** VX Algo System Signals from (9:30am to 2pm) 2/4 success** — 12:20 PM VXAlgo NQ X1 Sell Signal :x: — 12:30 PM Market Structure flipped bullish on VX Algo X3!:check: — 1:55 PM VXAlgo NQ X1 Buy Signal :x: — 2:00 PM Market Structure flipped bearish on VX Algo X3! :check: **What’s are some news or takeaway from today? and What major news or event impacted the market today? ** The X1 Signals today has been happening after market structure signals and usally that means MM is going to change the direction to the opposite way to scam us. Based on that, I decided to lock out my account after making $200 today so i don't get caught in the scam. News EU TO ACCEPT TRUMP’S UNIVERSAL TARIFF BUT SEEKS KEY EXEMPTIONS — 2:07 PM What are the critical support levels to watch? --> Above 6240= Bullish, Under 6210= Bearish Video Recaps -->https://www.tradingview.website/u/WallSt007/#published-charts
CME_MINI:ES1!
by WallSt007
XAUUSD 4hour TF - June 29th, 2025XAUUSD 4hour Neutral Idea Monthly - Bullish Weekly - Bullish Daily - Bullish 4hour - Bearish Gold has been on the rally of a century for a while and isn’t showing too many signs of slowing down long term. For now we do have a couple opportunities I can bring to your attention. 4hour bearish continuation - For this to happen we would like to see price action come back to our pocket of confluence near the 3,320.000 level followed by bearish conviction. If this happens look to target lower toward major support levels like 3,225.500. 4hour trend reversal - If we are to see a reversal of the 4hour trend we would need to see price action pop back above the 3,320.000 resistance area. Look for strong bullish conviction above this level and target higher toward appropriate levels of resistance.
FX_IDC:XAUUSD
by ForexLeague
EURJPY 4hour TF - June 29th, 2025EURJPY 4hour Bullish Idea Monthly - Bullish Weekly - Bullish Daily - Bullish 4hour - Bullish EJ has been in a bullish trend on all timeframes and doesn’t really show any signs of stopping. Currently we are right near major monthly resistance around 171.000. It is likely we will see price action push into this zone but we want to identify a potential trade beforehand. Here are two potential scenarios for this week on EJ Bullish Continuation - We are a bit close to the 171.000 monthly zone so we would like to see price action come back to our 168.500 4hour support zone before targeting higher. Trend Reversal - If we see price action fall below 168.500 we want to see bearish conviction and rejection from that same zone. If this happens we can start to consider short scenarios and target lower support levels like 166.250.
Long
by ForexLeague
USDJPY Daily TF - June 29th, 2025USDJPY Daily Neutral Idea Monthly - Bullish Weekly - Bearish Daily - Bearish I’m looking at the Daily time frame here as this is the only clear picture for price action in terms of trends. The 4hour looks like price action can’t make a decision so we will wait for price action to get closer to some major zones. Bearish Continuation - Ideally, we want to see price action touch 147.500 again followed by convincing bearish rejection. Look to target lower toward major support levels if this happens. Aside from this potential setup we don’t have much to look at here on UJ.
by ForexLeague
AUDJPY 4hour TF - June 29th, 2025AUDJPY 4hour Neutral Idea Monthly - Bullish Weekly - Bearish Dailly - Bearish 4hour - Ranging AJ is currently sitting at a major daily resistance area around 94.500. We have to wait for price action to make a move and show some conviction before we can become confident in a setup. Lucky us, price action is usually easy to follow when waiting for a break of a range. The way I see it, we have two great options. Bullish Breakout - In the scenario where we see price action break above the 94.500 zone we will look for long setups. Ideally, we spot some clear higher lows above 94.500 with strong bullish conviction. Look to target higher resistance levels like 96.500. Bearish Continuation - If we see this resistance level at 94.500 continue to hold we could see a daily bearish continuation happen. Look for strong bearish candles rejecting the current zone followed by clear lower highs. We’re targeting lower if that happens to around the 92.000 area.
by ForexLeague
AUDUSD 4hour TF - June 29th, 2025AUDUSD 4hour Neutral idea Monthly - Bearish Weekly - Bearish Dailly - Bullish 4hour - Bullish AU has been in this subtle bullish channel since late April 2025, just above major monthly support at 0.63250 area. We also have some conflicting trends and we need to see some conviction before we can comfortably follow price action. We do have some alignment with a bearish USD but at the moment we have two options: Bullish Continuation - This is the most likely scenario based on what we’re seeing and where price action is. Ideally, we see some rejection from our 4hour 0.65000 support area followed by bullish conviction. If this happens look for price action to touch or break the top of this channel and continue bullish for the week ahead. Reversal back into channel - If we fail to see bullish presence we could see price action fall back into the channel. The key indication of this would be a break below our 0.65000 support area followed by a retest and bearish conviction.
by ForexLeague
2
DXY 4hour TF - June 29th, 2025DXY 6/29/25 DXY Bearish Idea All significant timeframes (monthly,weekly,daily 4hr) appear bearish for now. Last week on June 25th, 2025 we saw price action break through our 98.000 zone confirming more bearish movement. This week we have two likely options that we will wait for confirmation on. Bearish Continuation - Ideally we keep with the trend and look for lower highs below 98.000 for further confirmation. If we can spot rejection from this zone it is likely we will see DXY continue bearish for the week ahead. Reversal - This is less likely but still possible. Price action could punch back through the 98.000 resistance and begin retesting previous highs. If this happens look for candlestick confirmation above 98.000 and expect a more bullish DXY for the week ahead.
TVC:DXYShort
by ForexLeague
06/27/25 Trade Journal, and ES_F Stock Market analysis 06/27/25 Trade Journal, and ES_F Stock Market analysis EOD accountability report: +915 Sleep: 6 hours Overall health: edgy from sleep ** VX Algo System Signals from (9:30am to 2pm) 3/4 success** 9:37 AM VXAlgo ES X1 Buy signal :check: 9:55 AM Market Structure flipped bullish on VX Algo X3! :check: 10:31 AM VXAlgo ES X1 Sell Signal (double sell) iffy 1:43 PM Market Structure flipped bearish on VX Algo X3! :check: **What’s are some news or takeaway from today? and What major news or event impacted the market today? ** Early on in the market, I noticed that there was heavy manipulate by the MM with violent buy and sell. This somewhat warns that today's market could be tough to trade and you have to be very patient. News PRES TRUMP: ENDING ALL TRADE TALKS WITH CANADA; WILL TELL CANADA ITS TARIFF LEVEL IN COMING DAYS - around 1 :40pm est What are the critical support levels to watch? --> Above 6200= Bullish, Under 6185= Bearish Video Recaps -->https://www.tradingview.website/u/WallSt007/#published-charts
CME_MINI:ES1!
by WallSt007
06/26/25 Trade Journal, and ES_F Stock Market analysis 06/26/25 Trade Journal, and ES_F Stock Market analysis EOD accountability report: +731.25 Sleep: 5 hours Overall health: meh ** VX Algo System Signals from (9:30am to 2pm) 3/3 success** — 9:38 AM Market Structure flipped bullish on VX Algo X3 — 10:30 AM Market Structure flipped bullish on VX Algo X3! — 11:27 AM VXAlgo ES X1 Sell Signal What’s are some news or takeaway from today? and What major news or event impacted the market today? today was another interesting day, i am noticing that when market structure changes 2x in the same direction, it is usally pretty effective and scammy at the same time News *NVIDIA NASDAQ:NVDA SHARES HIT A NEW HIGH TO RECLAIM WORLD'S LARGEST STOCK TITLE - market is being carried by the momentum of mag 7 What are the critical support levels to watch? --> Above 6175 = Bullish, Under 6155= Bearish Video Recaps -->https://www.tradingview.website/u/WallSt007/#published-charts
CME_MINI:ES1!
by WallSt007
XAUUSD - Prop firm or your own account? - Trading Psychology"$100K Funded? Or $1K account you own?? Welcome to the Inside Battle of Every Trader" You want capital, freedom and win big. But the question is: do you do it with your own money, or someone else’s? You’ve got the $100K funded dream on one side. Big leverage, strict rules, payout drama. And on the other side? Your own $1K account. Zero limits, zero support, and a whole lot of emotional damage. This is a breakdown of what really happens behind both paths — the adrenaline, the self-sabotage, the mind games, and the payouts that sometimes never come. The Prop Firm Path: Pass, Survive, Then Pray Phase 1: You trade with hunger. You’ve got the goal in sight, and every move is calculated. You’re alert, focused, mechanical. The structure helps. The rules feel like a challenge. Everything feels possible. Phase 2: You trade with fear. Now you’re tiptoeing. The target’s smaller, but the pressure is suffocating. Hesitation.Overthink. You play defense — and that’s when you lose. You stop executing your edge and start trading to avoid failure. Funded: The real test begins. You go live, you trade well, you hit payout… and suddenly the firm has a problem. A new rule is “suddenly” enforced. A clause is reinterpreted. A delay happens. You’re told to wait. Or worse — your account is shut with no warning. That’s the part no one prepares you for: the waiting, the silence, the mental snap. Passing isn’t the end. It’s barely the middle. ✅ So, Should You Go Prop? Here's What You Need to Know Yes — if you’re ready to treat this like a hostile contract. If you’re trading a prop account, you are trading their rules, their terms, their timing. You are not a partner — you are a performer. And they are very comfortable pulling the plug. If you do it: • Be colder than the system. • Read every rule twice. • Trade Phase 2 like a surgeon — no ego, no rush. • And never treat a payout like it's guaranteed — treat it like a fight you have to win more than once. You don’t just pass. You survive. And if you’re not ready to survive, stay out. 🚨 Do not forget — It’s Simulated Capital. And That’s the Game. Let’s not pretend it’s hidden: You’re NOT TRADING REAL MONEY. You’re executing on a simulated account that mirrors real conditions — nothing more. When you get paid, it’s not because you “grew” capital. It’s because you performed better than the masses who failed their challenges and fed the payout pool. This isn’t shady. It’s the model — and it works because most traders lose. So don’t delude yourself into thinking you’re managing funds. You’re monetizing discipline inside a challenge-based system. And if you know how to work that system? You get paid. If you don’t? You become someone else’s payout. 🔓 Trading Your Own Money: Real Freedom or Emotional Damage? With your own capital, there’s no one watching — and no one helping. You set the rules. You decide how aggressive, how cautious, how chaotic. But the second you click “Buy,” your psychology comes for you like a debt collector. Because real trading isn’t what’s on the screen — it’s what’s happening between your ears. You lose your money, you lose your confidence. You win big, and suddenly you think you’ve figured out the market — until the market slaps you for it. There’s no one to blame, and that makes it ten times harder. But here’s the part no one can take away from you: every lesson is yours. Every win is clean. Every loss hits deep. And if you make it — you really made it. 💡 How to Make Self-Funded Work for You ✅ Start with small capital — but also invest in your trading education. Join a group that teaches you how to trade, not signal groups that just give you orders when to buy or sell, without explaining why. ✅ Join a real trading community. Surround yourself with people who post actual breakdowns — who teach, not flex. Avoid ego chats. Avoid circus chats. Find people who show the why, not just the entry. (If you’re reading this, you already found the right space.) ✅ Focus on fixing mistakes — not faking wins. Nobody cares how many pips you caught if you blew 5 trades getting there. Get real about your risk management and lot size. ✅ Learn to stop after a win. Don’t feed your dopamine. Protect your equity. Walk away while you’re still in control. ✅ Respect your losses. Don’t chase them. Red days don’t destroy traders. Revenge trading does. Stop. Reset. Come back sharper. ✅ If you’re not paying yourself yet, don’t panic. Some seasons are for building, not cashing out. Don’t force results just to feel good — let the system earn before it pays. 🔄 The Hybrid Advantage: Rent the rules. Own the skill. Some traders don’t pick a side. They use prop firms like a hired weapon — fast, effective, disposable and Personal accounts like a vault — protected, scalable, sacred. They switch between them based on market conditions, mental load, and long-term goals. You don’t need to be loyal to a style just be loyal to your results. 🧠 Final Word: Trading becomes real, sustainable, and successful only when your mind is at peace with the path you chose. If you wake up anxious about your account — if you feel pressure before you even open the chart — that’s not discipline, that’s misalignment. This doesn’t mean trading should feel easy. But it should feel right. You should wake up curious to read price, not terrified to take a trade. Whether you trade $100K or $1K, the real account is always in your head. You should feel like this work belongs to you — not like you’re trying to survive someone else’s idea of success. Whether you trade with a prop firm or your own account, or both, the goal is the same: Mental clarity. Emotional control. Strategic confidence. You’ll know you’re on the right path the moment the stress fades — and the obsession becomes patience, structure and joy with success. If this lesson helped you today and brought you more clarity: Drop a 🚀 and follow us✅ for more published ideas.
FOREXCOM:XAUUSD
by GoldMindsFX
06/16/25 Trade Journal, and ES_F Stock Market analysisEOD accountability report: +450 Sleep: 7 hours Overall health: Good What was my initial plan? I knew today was contract rollovers and decided not to trade it, but after noticing that the x1 signals were working pretty good today, i decided to take some plays at the soft support and resistances. **Daily Trade recap based on VX Algo System from (9:30am to 2pm)** Lot of X7 buy signals (usual signal that market is bullish) — 10:40 AM VXAlgo ES X1 Sell Signal (triple signal) — 11:56 AM VXAlgo ES X3 Sell Signal — 12:30 PM Market Structure flipped bearish on VX Algo X3! — 1:20 PM VXAlgo ES X1 Buy signal Next day plan--> Above 6010 = Bullish, Under 5965= Bearish Video Recaps -->https://www.tradingview.website/u/WallSt007/#published-charts
CME_MINI:ES1!
by WallSt007
From almost Blowing Funded account to being back in ProfitsThis was a perfect illustration of how our emotions can affect us and our trading decisions. However through my 5 years of trading, I've been working on mastering my emotions as best as I can and as you guys can see-- I still had several times where I showed plenty of emotions. This leads me to come to the conclusion I still have a long way to go with mastering my emotions but progress is being made, and that is enough for me. If you guys liked this idea and post please give it a like! Forex and Futures Trading Risk Disclosure: The National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC), the regulatory agencies for the forex and futures markets in the United States, require that customers be informed about potential risks in trading these markets. If you do not fully understand the risks, please seek advice from an independent financial advisor before engaging in trading. Trading forex and futures on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility of losing some or all of your initial investment, and therefore, you should not invest money that you cannot afford to lose. Be aware of the risks associated with leveraged trading and seek professional advice if necessary. BDRipTrades Market Opinions (also applies to BDelCiel and Aligned & Wealthy LLC): Any opinions, news, research, analysis, prices, or other information contained in my content (including live streams, videos, and posts) are provided as general market commentary only and do not constitute investment advice. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC will not accept liability for any loss or damage, including but not limited to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Accuracy of Information: The content I provide is subject to change at any time without notice and is intended solely for educational and informational purposes. While I strive for accuracy, I do not guarantee the completeness or reliability of any information. I am not responsible for any losses incurred due to reliance on any information shared through my platforms. Government-Required Risk Disclaimer and Disclosure Statement: CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. Performance results discussed in my content are hypothetical and subject to limitations. There are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading strategy. One of the limitations of hypothetical trading results is that they do not account for real-world financial risk. Furthermore, past performance of any trading system or strategy does not guarantee future results. General Trading Disclaimer: Trading in futures, forex, and other leveraged products involves substantial risk and is not appropriate for all investors. Do not trade with money you cannot afford to lose. I do not provide buy/sell signals, financial advice, or investment recommendations. Any decisions you make based on my content are solely your responsibility. By engaging with my content, including live streams, videos, educational materials, and any communication through my platforms, you acknowledge and accept that all trading decisions you make are at your own risk. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC cannot and will not be held responsible for any trading losses you may incur.
CME_MINI:NQH2025Long
by BDripTradess
9
The Prop Trader’s Secret: How to Trade for Real MoneyTrading for Profit vs. Trading to Make Money There’s a critical difference between trading to be profitable and trading to make money. While they may seem like the same thing, they’re not—and as a trader, you must decide which approach you want to take. If your goal is to be a prop trader who actually makes money, here’s 3 ways you shift your mindset and strategy. 1. Make Frequent Withdrawals Traders focused on making money consistently withdraw profits. I learned this the hard way during my early trading days, seven years ago. Back then, I was obsessed with being "profitable." My focus was on hitting arbitrary profit targets—green months, green quarters, and a green year. While that mindset works for hedge funds, it’s not ideal for prop traders. To succeed in the prop trading space, you need to prioritize frequent withdrawals. Hit a strong run and make 2.5%? Withdraw. Have a profitable day and the withdrawal window opens tomorrow? Even if you’re only up 1%, withdraw. Frequent withdrawals create a feedback loop: the more often you secure profits, the more motivated and disciplined you’ll be to continue nailing winning trades. Prop trading comes with inherent uncertainty, so obsessing over 10% profit targets or arbitrary milestones only sets you up for disappointment. 2. Follow the 1-1-1 Rule Stick to the 1-1-1 rule: Take 1 trade per day. Risk 1% per trade. Focus on 1 financial instrument. Adhering to this rule will transform your trading. You’ll avoid overtrading, reduce your exposure to losing streaks, and eliminate the emotional tilt that often leads to blowing accounts. This discipline has kept me consistently profitable over the years. Whether you’re trading GBPUSD, EURUSD, XAUUSD, or US30, pick one instrument and master it. The path to trading success is as much about mastering yourself as it is about mastering the market. 3. Focus on Small Risk-to-Reward Ratios (R:R) Small R:R trades may not sound exciting, but they’re the backbone of consistent profitability. Catching a 1:10R move might feel like the ultimate trading achievement, but are you here to be "profitable" or to make money? Make up your mind. Most traders chase high R:R setups, only to give back 80% of their gains after one emotional mistake. Instead, focus on smaller, attainable targets: Learn to consistently spot 1:2, 1:3, and occasionally 1:4 R setups. On a $200k account, a single 1:3R trade at 1% risk generates $6,000. After locking in a winning trade, withdraw your profits and repeat the process. Over time, these smaller, consistent gains will make you far richer than grinding for massive R:R setups and risking it all in the process. The Bottom Line Prop trading is about discipline, consistency, and the ability to extract real money from the markets—not just hitting arbitrary profit goals. By making frequent withdrawals, following the 1-1-1 rule, and focusing on attainable R:R setups, you can trade with confidence, avoid burnout, and get make real money! Isn't that why we're all here? Happy Trading
TVC:DXYEducation
by Pips4Breakfastx
2
MNQ CPI News Drop Rallies the marketLooks like price has seen an impressive Bullish reaction today from the 0830 news drop that took out the past days highs that was housing a ton of BSL. Conveniently, price seems to be drawing into the D SIBI and is in close proximity to the High from Wed 08 Jan 2025. I can see price trading into the SIBI and finding some sort of rejection. Now to go forward does this make my Bias Bullish leaving the focus on the SSL at 20640.00? No not just yet because I would like to see how price trades and respects the three Premium Arrays being the D -OB, D Volume Imbalance, and the D SIBI. If price is Bullish then it should see little resistance from the CE level and the MT of the D -OB but if price is Bearish then we will see it respect a Premium Array and then continue lower. So far there is a nice sweep on SSL and the CPI rally could be the Displacement and MSS that price needed to make to turn things around to become Bullish and start to hunt the Highs for BSL from the Mon and Tue highs of last week.
CME_MINI:MNQH2025
by ProphetTheTrader
1
Market News Report - 08 December 2024The dollar was back to its usual dominance in the past week, concluded by a positive Non-Farm Payroll figure last Friday. The yen also picked up the bullish momentum it began last week. It will probably be a volatile week with the release of four interest rate decisions. Let's explore whether our latest market news report reveals notable technical and fundamental changes in the major forex pairs. Market Overview Below is a brief technical and fundamental analysis breakdown for all major currencies. US dollar (USD) Short-term outlook: weak bearish. The Fed recently cut the interest rate by 25 basis points (bps) from 5.00% to 4.75%, emphasizing that inflation is moving towards the 2% target but is still slightly elevated. Keep an eye on the new inflation rate on Wednesday. October's labour data was down, mainly due to the impact of US hurricanes and labour disputes with Boeing. While some mildly positive economic data exists, the bearish bias remains for USD, with short-term interest rate (STIR) market pricing indicating an 88% chance (up from 67%) chance of a 25 bps cut this week. Furthermore, last Friday's NFP print suggested that there is nothing to stop the Fed from cutting rates. While the Dixie is still quite bullish, it has retraced slightly from the new key resistance at 108.071. Meanwhile, the key support is far away at 100.157, which will remain untouched for some time. Long-term outlook: bearish. A noteworthy point about the recent Fed meeting is the removal of the line "the committee has gained greater confidence that inflation is moving sustainably towards 2 percent." Finally, Powell also clarified that the US elections won't affect their future decisions. The big takeaway is that the Fed will see how fast/far they should cut rates. December 6's jobs data indicates that CPI this week will be important and closely watched by markets. Euro (EUR) Short-term outlook: bearish. STIR markets were predictably accurate as the European Central Bank (ECB) cut the interest rate last month. However, they remain data-dependent on what to do in the future (although they are quite concerned about slow growth). STIR markets have indicated an 87% chance of a rate cut on Thursday (also backed by the ECB's Stournaras). Still, a pullback may be due at some point. The euro has clearly broken the key support we mentioned previously (1.07774) - the next area of interest is 1.03319. Meanwhile, the key resistance remains far higher at 1.12757. Long-term outlook: weak bearish. The latest rate cut and the avoidance of indicating a clear future move for the December meeting are among the key down-trending factors. However, any improvements in economic data (according to the ECB) would be a turnaround. The threat of a fresh trade tariff with Trump is hugely influential and may cause the euro to be sold off on tariff fears. Other contributing factors to a pressured euro are bumpy French politics and the prospect of a German snap election. British pound (GBP) Short-term outlook: bearish. The Bank of England (BoE) recently cut the bank rate from 5% to 4.75% as anticipated. The language indicates they need to be restrictive and a "gradual approach" to policy easing. Governor Bailey also highlighted that rates will probably be brought down cautiously. Furthermore, he forecasted four rate cuts in 2025, which is a tad bit more dovish than market pricing. A big miss in the GDP print on Friday, could be enough to send the GBP lower this week. However, inflation data still remains crucial. Like other dollar pairs, GBP/USD has looked bearish for some time. After breaching the key support at 1.26165, the next area of interest is now 1.22994. Meanwhile, the resistance target is far away at 1.34343. Long-term outlook: weak bearish. The BoE sees inflation (its main concern currently) as being stickier for longer. Bailey wishes to see it down to 2%. This is a moderately hawkish hint. Overall, inflation data (and other economic) data will be important for the British pound. Finally, STIR markets indicate an 89% chance (up from 84%) of a rate hold by the BoE next Thursday. Japanese yen (JPY) Short-term outlook: bullish. The Bank of Japan (BoJ) recently kept the interest rate the same at the end of October. So, our outlook remains largely unchanged. However, a rise in USD/JPY could raise the possibility of the BoJ's intervention. At the last BoJ interest rate announcement, Ueda stated that hikes would continue if the central bank's projections weren't realised. Last week, he backed up this sentiment by saying that keeping real interest rates too long for too long would lead to higher inflation, which is a hawkish suggestion. The 139.579 support area is proving quite strong, boosting the yen since mid-September. However, there has been a noticeable retracement amid this move). Still, the major resistance (at 161.950) is too far for traders to worry about. Long-term outlook: weak bullish. The BoJ's tightening stance and inflationary pressures give the yen a bullish sentiment. The central bank wishes to avoid further JPY weakness, with Finance Minister Kato warning against 'excessive FX moves.' We should also keep an eye on US Treasury yields, as rising yields could derail JPY upside. Conversely, any declines in US yields would likely provide a major boost to the yen. Australian dollar (AUD) Short-term outlook: neutral. The Reserve Bank of Australia (RBA) recently kept its interest rate unchanged, marking the eighth consecutive hold. They emphasised that policy will remain restrictive until inflation moves toward its target. The RBA also lowered its GDP forecasts while the labour market remains tight. Diarise the upcoming AUD interest rate decision scheduled for Tuesday. The dollar remains dominant against the Aussie, as AUD/USD is very close to testing the key support at 0.63484. Meanwhile, the key resistance level lies far ahead at 0.69426. Long-term outlook: weak bullish. While the RBA suggests that rate hikes won't be necessary going forward, it hasn't ruled anything out. Governor Bullock recently mentioned that they would act if the economy dropped more than desired. It’s crucial to be data-dependent on the Aussie, especially with core inflation as the RBA's key focus area. Also, the Australian dollar is procyclical, with particular exposure to China's geopolitics. Trump's recent win in the US election means the prospect of trade tariffs with China has increased (potentially causing headwinds for AUD). New Zealand dollar (NZD) Short-term outlook: weak bearish. The Reserve Bank of New Zealand (RBNZ) cut its interest by 50 bps to 4.25% as expected last week, the same as in October. It also signalled further reductions for early next week while remaining confident that inflation will remain in the target zone. However, risks of increased inflation volatility and relative price unpredictability remain. The Kiwi has been on a notable downward spiral, proving the strength of the major resistance level at 0.63790. NZD/USD is close to the key support at 0.57736, reaffirming this bearish market. Long-term outlook: bearish. Governor Orr indicated in the last RBNZ meeting that a 50 bps cut in February 2025 is possible. So, we can rule out a rate hike, more so with potential trade tariff issues between China and the United States. These can cause headwinds for NZD and AUD. Canadian dollar (CAD) Short-term outlook: bearish. The Bank of Canada (BoC) unsurprisingly delivered a 50 bps cut in October. Further cuts remain on the cards, with the long-term target being 3%. Markets indicate a likelihood of a cut on Wednesday (maybe another 50 bps). The BoC is signalling victory over inflation due to the cuts, with Governor Macklem suggesting that they would probably cut further until they achieve the optimal low inflation. In their words, 'stick the landing.' Overall, the bias remains bearish - expect strong rallies in CAD to find sellers. While the short-term fundamental biases of USD and CAD are bearish, CAD is the weakest on the charts. This market is very close to the fresh key resistance at 1.41781. Meanwhile, the key support lies far down at 1.34197. Long-term outlook: weak bearish. Expectations of a rate cut remain the focal point, with STIR markets indicating a 68% chance of a 50 bps cut in December. The Bank of Canada has recognised the lower economic growth, and Macklem wishes to see this improve. Furthermore, any big misses in upcoming GBP, inflation, and labour data would send CAD lower. Still, encouraging oil prices and general economic data improvement would save the Canadian dollar's blushes - the opposite is true. Swiss franc (CHF) Short-term outlook: bearish. STIR markets were, as usual, correct in their 43% chance of a 25 bps rate cut (from 1.25% to 1%) in the Sept. 26 meeting. The Swiss National (SNB) also indicated its preparedness to intervene in the FX market and further rate cuts in the coming quarters. STIR pricing indicates a 57% chance of a 50 bps cut on Thursday. The October CPI was weak at 0.6% (another poor result as it was for September). Finally, the central bank's new Chair (Schlegel) said they "cannot rule out negative rates," further stating that the SNB would be ready to implement this if needed. Still, the Swiss franc can strengthen during geopolitical tensions like a worsening Middle East crisis. USD/CHF keeps rising steadily towards the major resistance level at 0.922444, while the major support level is at 0.83326. Long-term outlook: weak bearish. The bearish sentiment remains after the last SNB meeting, while inflation is being tamed with lower revisions. We should also remember that the SNB's intervention prevents the appreciation of the Swiss franc. The new chairman is more keen to cut rates than his predecessor, Jordan. The SNB aims for neutral rates between 0 and 0.50% (currently at 1%). Conclusion In summary: The US dollar remains one of the key currencies to watch. However, the Japanese yen is another considerable option due to its recent bullish momentum. EUR, AUD, CAD and CHF are all the currencies with new upcoming interest rate decisions. Our short and long-term fundamental outlooks remain largely unchanged from the last few weeks. As always, hope for the best and prepare for the worst. This report should help you determine your bias toward each currency in the short and long term.
TVC:DXY
by CityTradersImperium_CTI
Market News Report - 01 December 2024After weeks of dominance, the dollar finally took a backseat. The Japanese yen was among the most bullish forces. It found strength against markets like CAD and AUD, aligning with its bullish fundamentals. Let's explore if there are notable changes in our latest market news report. Market Overview Below is a brief technical and fundamental analysis breakdown for all major currencies. US dollar (USD) Short-term outlook: weak bearish. The Fed recently cut the interest rate by 25 basis points (bps) from 5.00% to 4.75%. While labour data was down recently, this was mainly due to the impact of US hurricanes and labour disputes with Boeing. While some mildly positive economic data exists, the bearish bias remains for USD, with short-term interest rate (STIR) market pricing indicating a 67% chance of a 25 bps cut in December. Still, FOMC minutes last week suggest the Fed remains data-dependent. Keep an eye on the new Non-Farm Payrolls and unemployment announcement on Friday. While the Dixie is still quite bullish, it retraced slightly from the new key resistance at 108.071. Meanwhile, the key support is far away at 100.157, which will remain untouched for some time. Long-term outlook: bearish. A noteworthy point about the recent Fed meeting is the removal of the line "the committee has gained greater confidence that inflation is moving sustainably towards 2 percent." Finally, Powell also clarified that the US elections won't affect their future decisions. The big takeaway is that the Fed will see how fast/far they should cut rates. Jobs data this week is key to deciding the next near-term directional move for the dollar. Euro (EUR) Short-term outlook: bearish. STIR markets were predictably accurate as the European Central Bank (ECB) cut the interest rate last month. However, they remain data-dependent on what to do in the future (although they are quite concerned about slow growth). STIR markets have indicated an 87% chance of a rate cut in December (also backed by the ECB's Stournaras). Also, we have seen weaker economic data across various European nations. Another concern is that a protectionist US policy (with Donald Trump winning the recent election) could impact trade in the Eurozone, suggesting the potential for lower growth due to tariff risks. The euro has clearly broken the key support we mentioned previously (1.07774) - the next area of interest is 1.03319. Meanwhile, the key resistance remains far higher at 1.12757. Long-term outlook: weak bearish. The latest rate cut and the avoidance of indicating a clear future move for the December meeting are among the key down-trending factors. However, any improvements in economic data (according to the ECB) would be a turnaround. The threat of a fresh trade tariff with Trump is hugely influential and may cause the euro to be sold off on tariff fears. Still, negative US moves would likely result in a pullback for EUR. British pound (GBP) Short-term outlook: bearish. The Bank of England (BoE) recently cut the bank rate from 5% to 4.75% as anticipated. The language indicates they need to be restrictive and a "gradual approach" to policy easing. Governor Bailey also highlighted that rates will probably be brought down cautiously. Despite this, we saw a slight pullback in GBP/USD. This may be in line with the BoE's slightly hawkish attitude due to recent inflationary pressures. Another contributor is the latest Consumer Price Index print, which came in hotter than expected on November 20. Like other dollar pairs, GBP/USD has looked bearish for some time. After breaching the key support at 1.26165, the next area of interest is now 1.22994. Meanwhile, the resistance target is far away at 1.34343. Long-term outlook: weak bearish. The BoE sees inflation (its main concern currently) as being stickier for longer. Bailey wishes to see it down to 2%. This is a moderately hawkish hint. Overall, inflation data (and other economic) data will be important for the British pound. Finally, STIR markets indicate an 84% chance of a rate hold by the BoE later this month. Japanese yen (JPY) Short-term outlook: bullish. The Bank of Japan (BoJ) recently kept the interest rate the same at the end of October. So, our outlook remains largely unchanged. However, a rise in USD/JPY could raise the possibility of the BoJ's intervention. At the last BoJ interest rate announcement, Ueda stated that hikes would continue if the central bank's projections weren't realised. Last week, he backed up this sentiment by saying that keeping real interest rates too long for too long would lead to higher inflation, which is a hawkish suggestion. The 139.579 support area is proving quite strong, boosting the yen since mid-September. However, there has been a noticeable retracement amid this move). Still, the major resistance (at 161.950) is too far for traders to worry about. Long-term outlook: weak bullish. The BoJ's tightening stance and inflationary pressures give the yen a bullish sentiment. The central bank wishes to avoid further JPY weakness, with Finance Minister Kato warning against 'excessive FX moves.' We should also keep an eye on US Treasury yields, as rising yields could derail JPY upside. Conversely, any declines in US yields would likely provide a major boost to the yen. Australian dollar (AUD) Short-term outlook: neutral. The Reserve Bank of Australia (RBA) kept its interest rate unchanged recently, marking the eighth consecutive hold. They emphasised that policy will remain restrictive until inflation moves toward its target. The RBA also lowered its GDP forecasts while the labour market remains tight. The dollar remains dominant against the Aussie, as AUD/USD looks to test the key support at 0.63484. Meanwhile, the key resistance level lies far ahead at 0.69426. Long-term outlook: weak bullish. While the RBA suggests that rate hikes won't be necessary going forward, it hasn't ruled anything out. Governor Bullock recently mentioned that they would act if the economy dropped more than desired. It’s crucial to be data-dependent on the Aussie, especially with core inflation as the RBA's key focus area. Also, the Australian dollar is procyclical, with particular exposure to China's geopolitics. Trump's recent win in the US election means the prospect of trade tariffs with China has increased (potentially causing headwinds for AUD). New Zealand dollar (NZD) Short-term outlook: weak bearish. The Reserve Bank of New Zealand (RBNZ) cut its interest by 50 bps to 4.25% as expected last week, the same as in October. It also signalled further reductions for early next week while remaining confident that inflation will remain in the target zone. However, risks of increased inflation volatility and relative price unpredictability remain. The Kiwi has been on a notable downward spiral, proving the strength of the major resistance level at 0.63790. NZD/USD isn't far from the key support at 0.57736, reaffirming this bearish market. Long-term outlook: bearish. Governor Orr indicated in the last RBNZ meeting that a 50 bps cut in February 2025 is possible. So, we can rule out a rate hike, more so with potential trade tariff issues between China and the United States. These can cause headwinds for NZD and AUD. Canadian dollar (CAD) Short-term outlook: bearish. The Bank of Canada (BoC) unsurprisingly delivered a 50 bps cut a few weeks ago. Further cuts remain on the cards, with the long-term target being 3%. The BoC is signalling victory over inflation due to the cuts, with Governor Macklem suggesting that they would probably cut further until they achieve the optimal low inflation. In their words, 'stick the landing.' Overall, the bias remains bearish - expect strong rallies in CAD to find sellers. While the short-term fundamental biases of USD and CAD are bearish, CAD is the weakest on the charts. USD/CAD has finally exceeded the key resistance at 1.39468. While the new target in the meanwhile is 1.41058, let's see what happens around the former area in the coming weeks. Meanwhile, the key support lies far down at 1.34197. Long-term outlook: weak bearish. Expectations of a rate cut remain the focal point, with STIR markets indicating a 67% chance of a 25 bps cut and a 33% chance of a 50 bps cut in December. The Bank of Canada has recognised the lower economic growth, and Macklem wishes to see this improve. Furthermore, any big misses in upcoming GBP, inflation, and labour data would send CAD lower. Still, encouraging oil prices and general economic data improvement would save the Canadian dollar's blushes - the opposite is true. Swiss franc (CHF) Short-term outlook: bearish. STIR markets were, as usual, correct in their 43% chance of a 25 bps rate cut (from 1.25% to 1%) recently. In the Sept. 26 meeting, the Swiss National (SNB) indicated its preparedness to intervene in the FX market and further rate cuts in the coming quarters. The October CPI was weak at 0.6% (another poor result, as for the September data). Finally, the central bank's new Chair (Schlegel) said they "cannot rule out negative rates," further stating that the SNB would be ready to implement this if needed. Still, the Swiss franc can strengthen during geopolitical tensions like a worsening Middle East crisis. USD/CHF keeps rising steadily towards the major support level at 0.83326, while the major resistance level is at 0.92244. Long-term outlook: weak bearish. The bearish sentiment remains after the last SNB meeting, while inflation is being tamed with lower revisions. We should also remember that the SNB's intervention prevents the appreciation of the Swiss franc. The new chairman is more keen to cut rates than his predecessor, Jordan. The SNB aims for neutral rates between 0 and 0.50% (currently at 1%). However, STIR markets only see a 30% chance of a 50 bps cut and 70% chance of a 25 bps cut next month. Conclusion In summary: The US dollar still remains one of the key currencies to watch, given the recent elections and Trump's potential to affect trade relations with the likes of Australia and New Zealand. However, the Japanese yen is another considerable option due to its recent bullish momentum. The US NFP and unemployment rate are the main high-impact economic events to watch for this week. Our short and long-term fundamental outlooks remain largely unchanged from the last few months. The only exception is the Australian dollar, where we have changed from 'weak bullish' to 'neutral.' As always, hope for the best and prepare for the worst. This report should help you determine your bias toward each currency in the short and long term.
TVC:DXY
by CityTradersImperium_CTI
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by Safaric