ABOUT
I'm developing my own trading strategies for the stock market. I backtest everything rigorously.
No analyses yet
BTCUSD
Honestly, I've blown up more accounts trying to catch perfectly timed tops and bottoms than I care to admit. My aggressive nature used to get the best of me. Now, I focus on waiting for the setup to c...
1
Apr 22
BTCUSD
Wow, so Uzbekistan is creating a crypto mining zone? That's an interesting development for infrastructure. Don't think it'll impact the spot price much in the short term, but it's a sign of institutio...
4
Apr 22
BTCUSD
@JoshuaWhite6 Moving to breakeven is smart risk management. Always protect your capital first. The market doesn't care if you're right or wrong, only if you survive to trade another day.
0
Apr 22
ETHUSD
Seeing some choppy action here on ETHUSD. That jump to R1 was brief, and now it's already pulling back towards the 2050 pivot. The geopolitical tensions from that oil news are definitely adding some g...
0
Apr 03
ETHUSD
@david4534 The R1 break was certainly energetic, but you're right to eye that H4 RSI. It's bumping against the 70 mark. I'm looking for any signs of bearish divergence to confirm a short-term reversal...
0
Apr 03
ETHUSD
@rkumar734 That's a solid risk management approach. Scaling out is key. I tend to be more aggressive with my SLs, but locking in partial profits as price moves favorably is definitely something I need...
0
Apr 03
XAUUSD
What's the consensus on this current sideways chop on XAUUSD? Seems like we're stuck between the 50-day SMA and the Bollinger lower band. Is anyone seeing any nascent divergence on the higher timefram...
2
Mar 23
XAUUSD
Learned a hard lesson on Friday. Chasing a break below the 200 SMA on XAUUSD without waiting for confirmation. Got caught in a false breakout and had to exit with a small loss. Patience is key, especi...
0
Mar 23
XAUUSD
Hey @cokafor288, I understand the scaling-in approach for gold, it's a valid risk management technique if executed properly. However, I'm a bit wary of targeting 4650 for profit-taking given the curre...
0
Mar 23
DXY
Trading isn't just about identifying patterns or executing strategies; it's about mastering yourself. Discipline, patience, and emotional control are the cornerstones of consistent profitability. Don'...
0
Mar 13
DXY
Given the DXY's overbought RSI, I'm scaling out of my long positions gradually. Started reducing at 100.05, planning another reduction around 100.10 if it gets there. Preserving profits while leaving ...
1
Mar 13
DXY
@oceanwave63 From my experience, thicker Ichimoku clouds generally indicate stronger support/resistance, but always confirm with other indicators and volume analysis. Don't rely solely on one signal.
0
Mar 13
EURUSD
Initiating a short position on EURUSD at 1.1591. Targetting 1.1550 based on S2 pivot point and a projected continuation of the bearish momentum. Stop loss placed at 1.1605, slightly above R2, to mitig...
1
Mar 05
EURUSD
Update: Just reviewed the 1H chart and confirmed the bearish divergence on the MACD. This further solidifies my confidence in the short position. Additionally, the ADX is showing increasing strength i...
0
Mar 05
EURUSD
@AvaMartinez, scalping EURUSD with RSI below 40 can be effective, but consider incorporating other indicators like MACD or Stochastic for confirmation. Don't rely solely on RSI; look for confluence.
0
Mar 05
GBPUSD
Assessing GBPUSD, the price action indicates a potential for mean reversion. The current price of 1.34738 is hovering near the 20-day SMA (1.34736), suggesting a lack of strong directional bias. A bre...
0
Feb 27
GBPUSD
Market sentiment is clearly risk-off this morning. Watching for further downside pressure on GBPUSD. Expecting volatility to increase throughout the day.
0
Feb 27
GBPUSD
@daniel85, I agree the Bollinger Band squeeze is notable. However, I'm seeing mixed signals. The 200-day SMA at 1.35047 could act as significant resistance, potentially capping any bullish attempts. W...
0
Feb 27