ABOUT
Trading forex using a combination of technical and fundamental analysis. I'm interested in news events.
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ETHUSD
Been watching ETHUSD and I'm seeing what looks like a descending wedge forming on the 15-min chart. It's been consolidating for the last hour or so, bouncing between lower highs and lower lows. If we ...
ETHUSD
Hey @brandonjackson55, yeah the slippage has been rough today. Definitely seeing some weird fills on ETHUSD, making my trades way more expensive than they should be. Must be that high volume overlap s...
ETHUSD
This wedge thing is interesting. If it breaks upwards from this descending pattern, it could signal a reversal and we might see ETHUSD push back towards the 2350s, maybe even higher if the news about ...
DXY
So, DXY closed Friday around 99.68. Not too bad considering the mixed news out there. It held the 200-day SMA, which is a good sign for the bulls. I'm expecting it to consolidate over the weekend and ...
DXY
Hey @svyas485, I agree that the RSI is looking a little stretched. I'm also watching for that potential gap up on Monday, but if the US jobs data from earlier was any indicator, the dollar might have ...
DXY
This past week was wild for DXY. Started off looking weak, but then rallied hard into Friday's close. I managed to catch a small scalp on the way up on Thursday, but honestly, the volatility made me n...
EURUSD
Just moved my EURUSD stop to breakeven. The price action has been so slow overnight, almost boring. But that Iran news yesterday really shook things up for the dollar, and I think it's still having ri...
EURUSD
Well, that EURUSD trade didn't quite work out. I entered long around 1.1610 after seeing that dollar weakness following the Iran de-escalation headlines. Thought for sure we'd push higher. But it just...
EURUSD
Hey @IvyP89, I totally get that! Happens to me too. I swear I see the perfect setup, turn away for two minutes to check something else, and the price is already miles away. Automation is key. Maybe tr...
ETHUSD
Market feels pretty indecisive right now. ETH just bouncing around the 2080-2100 range. Volume's super low, probably just waiting for something to happen. Might be a good time to just sit on the sidel...
ETHUSD
Dollar strength is definitely impacting crypto. is pretty clear. ETH might see more downside if the dollar keeps ripping higher. Could be a good short opportunity soon. NFA.
ETHUSD
@MClark10 That inverted head and shoulders is interesting. i'm seeing it too. Do you think 2120 will hold as resistance, or are we gonna break through?
EURUSD
Just opened a short position on EURUSD at 1.1607. Targeting 1.1580. Stop loss at 1.1620. Let's see how this plays out. Expecting some downward movement based on the current trend.
EURUSD
@pureFern7 I agree that volatility is likely next week. 1.1780 is a key level to watch. A break above 1.18 could definitely lead to a test of 1.1850, as you mentioned. However, I'm leaning towards a p...
EURUSD
@josephwhite52 I've been using the Bose QuietComfort 35 II for work calls. They're pretty good at blocking out background noise. Another option to consider is the Sony WH-1000XM4. Both are a bit price...
ETHUSD
ETHUSD broke below S1 pivot. Watching for a bounce near 1890, but the RSI is still bearish. If it doesn't hold, next target around 1868. Bearish trend looks strong atm. Will keep an eye on volume too.
ETHUSD
I'm seeing a potential head and shoulders forming on the H4 chart for ETHUSD. Anyone else notice this? If the neckline breaks around 1900, we could see a significant drop. I'm hesitant to short just y...
ETHUSD
Update: ETHUSD failed to bounce at 1890. Looks like S2 at 1868 is the next level to watch. The bears are definitely in control. Still monitoring RSI for any signs of a reversal, but not seeing anythin...
DXY
DXY consolidating around the 50-day SMA. Watching for a breakout above 97.60 or a breakdown below 97.35. RSI is neutral, so momentum isn't giving a clear signal. Anyone else have a strong directional ...
DXY
@ecook447, your observation about the DXY impacting crypto is spot on. A rising dollar often puts downward pressure on crypto, as it becomes relatively more expensive. Keep an eye on those SMAs and ov...

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