Hey guys! 👋 Hope you’re all having a great week so far. I just want to quickly share what’s happening in the market this week and break it down for you, so you can follow along and understand my thinking.
So first up, the DXY. This one’s been moving exactly how we expected. Price hit our first target and now we’re going for the second. Even though it retraced a little, it found that liquidity we were talking about, made an internal change of character, and moved up again.
Why should you care? Because when the dollar is strong, it usually pushes other currencies like EURUSD and GBPUSD lower. So watching DXY gives us a clue about where the market might go next.
EURUSD is still in its range. That means price hasn’t broken anything major yet. I’m not rushing into trades here because I want to see confirmation first. It might drop, it might bounce up—it’s all about waiting for proof before making a move.
Lesson for you: Don’t trade based on assumptions. Be patient and wait for the market to show you what it wants to do.
GBPUSD is looking more interesting. I can see weak areas forming, and I’m confident that price is going to drop and take them out. Remember, if GBPUSD moves down, EURUSD usually follows.
Tip: Watch correlated pairs. When one moves, the other often follows. That’s how you get smarter trades.
NZDUSD gave us a nice touch at a demand zone. Perfect entry. Now we’re watching it retrace a little and then collapse down. Small reactions can happen along the way, but the main trend is what we follow.
Takeaway: Learn to spot demand and supply zones—they tell you where buyers and sellers are likely to step in.
AUDUSD is still in wait mode. Price might retrace up before going higher, so I’m not taking trades here yet. Patience is key. Wait for the market to confirm your ideas before jumping in.
USDCHF is bullish at the moment. We might see small pullbacks (temporary drops), but the overall trend is up. These pullbacks are actually good—they give you better entry points if you’re following the trend.
Gold is exciting this week. We took a long trade, and it’s been very profitable. I closed partials to lock in gains, and the rest is held at break-even, aiming for even higher.
Pro tip: Always take partial profits. It locks in gains and lets the trade run safely.
Hey guys, good day! I hope you all had a great weekend and that you’re making some profits in the market. Today, I want to share my thoughts on how price has been moving recently, and what my expectations are for GBPUSD, EURUSD, and DXY.
Let’s start with DXY. Right now, I’m looking to see DXY take out this low. We might see a little retracement along the way, but that’s my low-case scenario. Honestly, it’s been consolidating for so long—from August up to September—and that period was probably the most frustrating I’ve ever experienced as a trader.
Why? Because I’m not a scalper—I’m a day trader and swing trader. So when price just moves sideways for weeks, it’s very annoying. From August 4 to early September, the market was stuck in a range, creating highs and lows that made it really difficult to make confident trades. One moment you’d think it’s a good area to go long, then it would take out the lows and trap you. Candles would fall, then slowly rise, then fall again—just going back and forth.
During that time, I mostly avoided taking trades because of the uncertainty. Even though I did take a few, August was one of my worst months this year. Funny enough, it’s also my birthday month, so I guess the market decided to ruin that too 😅. But moving forward, we’re starting to see some movement. Price is approaching 93.381, and I expect it to continue falling, possibly retracing along the way, until we see a change of character and a move in the opposite direction.
Now, I don’t want to go too deep into higher time frames because the market is uncertain—interest rates, US debt, global wars, political uncertainty—it all affects price. So for DXY, my focus is 1–3 week setups, nothing longer.
Moving to EURUSD, remember that it tends to move opposite DXY. So if DXY consolidates, EURUSD will too. That’s why the market has been consolidating and “eating money” for traders. I expect EURUSD to move up toward the supply zone around 1.2000.
For GBPUSD, the setup is similar to DXY. Watch for supply/demand zones and points of inefficiency. For JPYUSD, since the structure is already broken, I expect price to reach around 1.37873, with some possible retracements along the way.
USDCHF has been selling nicely. Targets were hit, liquidity was taken out, and price reacted exactly as expected. For AUDUSD, we’re looking at a long-term buy. First target already hit, and price reacted at demand zones.
When I trade now, my focus is on low-risk setups. I watch for:
Breaks of structure
Internal changes of character (signs of reversals)
Swing highs and lows
Supply and demand zones
For sessions, I use London for case studies and New York for live trading, especially with gold. Speaking of gold, I’ve been buying while watching for structure changes. I take low-risk trades, even if there’s an early drawdown, because I know the market will eventually move in my favor.
Other assets like NASDAQ, US30, German30, and silver I’ll guide students on as the week progresses.
So, key takeaway: August was frustrating, but we learned a lot. Focus on swing setups, structure breaks, and low-risk trades. And always remember: study, research, and patience are your best tools.
Don’t forget to like, share, and subscribe to our YouTube channel. DM me on Instagram if you have questions—I reply super fast there. And review previous videos to keep learning.
Have a great day, everyone
Hey everyone, welcome! I hope you all had an amazing week. The market wasn’t the easiest last week, but I’ve been observing a few things that I want to share with you, including what to watch for in the upcoming week.
First off, Powell is still not fired, and that makes it difficult to see strong USD buying pressure. Because of this, the US dollar isn’t moving upward as strongly as we might expect. So, we have to be patient and focus on a few pairs that are showing clearer potential.
Right now, I’m expecting DXY to take out the low at 97.62. On the 15-minute chart, if we look at the internal structure, we have strong highs and lows noted, and this low is key. Once DXY takes out this low, we might see retracements into POIs (points of interest)—maybe this one, this one, or this one.
Watch for price to stick at a high; if it does, you can plan entries around these POIs.
As long as DXY stays in this range, expect minor retracements but no major directional change.
Things will get smoother and more predictable once Powell is fired.
EURUSD
EURUSD is similar to DXY but moves opposite in many cases. Last week, I made some entries after backtesting and preparing myself. The pair has a strong area around its internal highs and lows. I expect price to take out this internal high, which can set up opportunities for swing trades.
For GBPUSD, I’m watching the highs and lows along with the 50% Fibonacci level.
Price might come down, take out some liquidity below, and then move up.
Look for your extra confirmation entry before taking a trade.
If the confirmation entry isn’t triggered, be patient and watch for price to move higher.
The game changes if a key low is broken—then we know price may be heading in a new direction.
Some weeks are just tough; last week was one of those. I found myself scalping a lot because price was at peak areas and hard to predict.
Not every day or week is a trading day. Some weeks, you may find only one setup; other weeks, you might have setups every day.
The key is understanding market seasons. Your goal isn’t to make money fast—it’s to survive the bad days so you can thrive on the good days.
Other pairs, US Oil, NASDAQ, and Gold, I’ll share with my students on Discord and mentorship sessions.
Focus on structure, POIs, and internal changes in character for profitable entries.
Exciting news: Sophia FX is launching its app! Soon, you’ll be able to download it on any device and get:
Free content from me
My signals for Forex pairs
Access to full courses and live sessions
One-on-one mentorship sessions
I’m really excited about this, and I can’t wait for you to start using it.
So, that’s it for this week. Focus on patience, watch the key levels, and remember that trading is a long-term game. Survive the tough weeks, and you’ll be ready for the profitable ones.
Have a blessed day, and I’ll see you in mentorship and on Sophia FX!