Introduction Bitcoin CME futures (BTC1!) have pulled back after reaching recent highs, with price now testing mid-channel support. The broader trend remains bullish, but momentum is slowing as profit-taking and resistance near key Fibonacci levels weigh on price action. As of today, Bitcoin is trading at 89,640, down -5.32% on the week and 22% from Read More…
Introduction Gold futures (GC) have been consolidating near all-time highs, with price action stalling after eight consecutive bullish weekly candles. The market showed momentum only last Tuesday, while the rest of the week saw sideways movement. Despite this consolidation, the weekly close remained bullish, keeping the long-term uptrend intact. As of now, gold is trading Read More…
Introduction E-mini Dow Jones futures (YM) have rebounded off trendline support, regaining strength after a recent pullback. Price tested the ascending trendline and the 100-day VWMA (43,610), holding above these levels and keeping the long-term uptrend intact. Market Drivers & Key News Events Technical Analysis Bounce from Trendline—Higher Lows Intact Key Support & Resistance Levels Read More…
Introduction In October 2024, we shared the remarkable story of Furkan, a young economics student from Germany who had achieved an impressive $24,700 in withdrawals through the OneUp Trader funded program. Today, we’re excited to bring you an update on his trading, as he has withdrawn another $12,800 across three funded accounts in just nine Read More…
Introduction Japanese Yen futures (6J) have been in a strong recovery since bottoming near 0.0061830, pushing through key levels and reclaiming the 100-day VWMA (0.0065776). However, price has now reached a major resistance zone near 0.0066630, where previous rallies have failed. As of today, 6J is trading at 0.0066630, down -0.46%, with price stalling just Read More…
Introduction The Euro FX futures (6E) continue to trade above support, holding gains after forming a bullish divergence at the lows. Price remains in a short-term recovery phase, but the 1.0580 – 1.0630 resistance zone and the 100-day VWMA (1.0581) are capping upside momentum. As of today, 6E is trading at 1.04585, up +0.19%, with Read More…
Introduction S&P 500 E-mini futures (ES) are trading just below their all-time high (ATH) of 6,154.75. As of today, ES is less than 0.2% away from ATH. A breakout above 6,154.75 would confirm the next leg higher, with a measured move target near 6,455.25. Market Drivers & Key News Events Technical Outlook ATH Test Bull Read More…
Introduction to the VWMA The Volume Weighted Moving Average (VWMA) is a powerful technical analysis tool that provides a more accurate representation of an asset’s average price over time compared to a simple moving average. By incorporating trading volume into its calculation, VWMA gives greater weight to periods with higher trading activity, painting a clearer Read More…
Introduction The Russell 2000 E-mini futures (RTY) are inside a bullish rising channel, despite recent choppy price action. Small-cap stocks have struggled for direction, but the 100-day SMA (2,299.9) trending upward steadily. As of today, RTY is trading at 2,289.2, up +0.17%, hovering near key pivot levels. Bulls are looking for a decisive move higher, Read More…
Introduction Success in trading isn’t just about making the right trades—it’s about discipline, consistency, and a strong mindset. These are qualities often overlooked but incredibly important. While many traders struggle to reach profitability, Cedric, a university student from Baden-Württemberg, Germany, has proven that it’s possible. Through persistence and a methodical approach, he has successfully withdrawn Read More…
