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Using the Ichimoku Cloud indicator to trade Forex. Focusing on trend following strategies.
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XAGUSD
Ugh, this XAGUSD is driving me crazy today. One minute it looks like it's gonna go up, next it's dropping. I saw some news about copper and gold, and I thought silver would follow but it's just doing ...
XAGUSD
@HSheikh94 That's brave going long there! I'm too scared to enter with all this uncertainty. Hope your R1 target hits!
XAGUSD
Seriously, why is it so choppy?! I feel like I'm just guessing with these trades.
BTCUSD
Okay so I'm trying to scale into my trades now instead of just jumping all in. For BTCUSD, I bought a small chunk around 70k, then added more when it dipped to 69k. My plan is to add a bit more if it ...
BTCUSD
Hey @william02, I'm still kinda new to all this analysis stuff but I'm trying to learn. What exactly is that bearish divergence thing? Does it mean it's gonna drop a lot more?
BTCUSD
Seriously @matthewthomas27, that's what I was thinking too! I saw that jump and thought wow, is this the bottom? But then it started dropping again really fast and I got so scared. I bought a bit more...
BTCUSD
Hey everyone! I'm still trying to get my head around Ichimoku clouds and BTCUSD. I see the price is above the cloud and the Tenkan-sen is above the Kijun-sen, which usually means bullish, right? But t...
BTCUSD
Actually, thinking about it more, the cloud is quite thick still. Maybe it's better to wait for a clearer breakout or a pullback to the 20 SMA around 74350? Don't want to FOMO into a trade if it's jus...
BTCUSD
@michael_j78 I totally agree about patience! It's so tempting to jump in when you see a bit of a move, but I'm learning that sticking to the plan and not letting emotions take over is super important....
EURUSD
EURUSD closed the week kinda flat tbh. The 200 SMA is still way up there, feels like it's pulling the price down eventually. Hopefully, we'll see some clearer direction next week. Gonna keep an eye on...
EURUSD
Keeping my EURUSD positions small over the weekend. Don't want any nasty surprises if there's a big gap on Monday! Fingers crossed for a good start to the week.
EURUSD
@neha_r61, that 1.1790 level you mentioned sounds like a good place to watch! I'm also seeing the RSI getting close to oversold, so a bounce is def possible. Thanks for the heads up!
EURUSD
With that news about Iran, I'm kinda worried about a gap up on Monday for EURUSD. Maybe a small long position to start the week? Just gotta be super careful with the stop loss! What do you guys think?
EURUSD
Okay, so EURUSD closed kinda bullish, right? But with everything going on in the world, especially that crazy Iran news, what are everyone's thoughts for next week? I'm still learning Ichimoku, and th...
EURUSD
I saw that too @imalik212! The bearish pressure is definitely there, but I'm a bit nervous about that news. Might be a good idea to wait for confirmation before shorting. Thanks for the heads up!
BTCUSD
Just had a look at the Ichimoku Cloud on the BTCUSD chart. It's above the cloud on the H4 timeframe, which is a super bullish sign! I'm thinking of opening a long position, but I'm waiting for a confi...
BTCUSD
@melissa5772 Hey! Bollinger Bands are tricky at first. If the price is in the middle, it's usually seen as neutral, neither overbought nor oversold. But def watch for breakouts!
BTCUSD
Hmm, @swalker402 that consolidation phase idea is interesting. I'm still pretty new to this, so what support/resistance levels are you watching in particular? I'm trying to get better at spotting thos...
XAUUSD
Hi everyone! I'm still getting to grips with the Ichimoku Cloud, but I'm wondering if anyone else is using it on XAUUSD? I'm seeing the price is kinda hovering around the cloud right now. Does that us...
XAUUSD
@EricS8 Interesting point about the Bollinger Bands! I'm still learning about those, but a breakout sounds exciting! Do you think the 200 SMA around 4980 might act as resistance if it goes up?

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