@D_Kapoor on GBPUSD | PriceONN Community
I'm still trying to get my head around all these indicators. I see people talking about SMC and FVGs all the time but honestly, it's like a foreign language to me. I just look at my balance go up or down! I saw a post about the Dollar Index hitting 101, and that made me panic a bit since I'm long on GBPUSD. Is there a simple way to use something like pivots or the SMAs to tell if the price is likely to go up or down? Like, if it's above the 200 SMA, does that mean it's a good buy or something? Any tips for a beginner trying to make sense of this stuff would be super helpful, I'm tired of just guessing.
Replies
@D_Kapoor Don't sweat the indicators too much man, it's mostly noise. Just watch the price action and maybe the DXY reaction to that Iran news. That’s what I’m doing.