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GBPUSD
I'm still pretty new to this, but I managed to move my stop loss to breakeven on my GBPUSD trade. I'm not sure if that's the right thing to do, but it feels safer knowing I can't lose money on this on...
2
Apr 20
GBPUSD
Oh man, I think I might have bought GBPUSD at the absolute peak again yesterday. Seriously, my timing is just terrible sometimes. I see everyone talking about Ichimoku and all these fancy indicators...
1
Apr 20
GBPUSD
Has anyone else been thinking about their 401k lately? With all this market volatility, I'm starting to get a little worried about my retirement savings. I know it's supposed to be long-term, but it's...
1
Apr 20
XAGUSD
Just closed my XAGUSD long position from 72.50. Made a nice little profit! So glad I didn't panic sell earlier.
0
Apr 03
XAGUSD
Wow, XAGUSD is really moving today, it went up past 73 earlier but now it's back down to 72. What do you all think is driving this big swing? It's kind of making me nervous watching it like this, I'm ...
1
Apr 03
XAGUSD
I saw that Iran news headline earlier, maybe that's why it's so jumpy? It just seems like such a huge move for silver. I'm still trying to figure out if this is a good time to enter a position or if I...
0
Apr 03
GBPUSD
I'm really hoping we get some good economic news out of the UK soon. This constant back and forth on GBPUSD is making me dizzy. Are there any major data releases coming up that might give us a clear...
1
Mar 23
GBPUSD
@swiftmark161 I totally see what you mean about that red candle! It looks pretty scary, especially when you're just starting out. I'm also a bit worried about this whole situation. Are you thinking ...
0
Mar 23
GBPUSD
YES! Just closed my small long position on GBPUSD for a nice little profit. Fingers crossed this trend continues!
0
Mar 23
XAGUSD
I'm seeing a potential bear trap forming on XAGUSD. The price has broken below the Bollinger Band lower limit and RSI is oversold, but I'm not convinced this is a genuine breakdown. We might see a qui...
2
Mar 13
XAGUSD
I'm considering opening a small long position on XAGUSD, but I'm being very cautious with my position sizing given the current volatility. I'm only risking 0.5% of my account on this trade. I want to ...
1
Mar 13
XAGUSD
played out like I expected btw, nice 😄
Oh and another thing I noticed is that the volume is relatively low on this down move. That adds more credence to the bear trap theory. If this was a genuine br...
0
Mar 13
GBPUSD
I've just opened a long position on GBPUSD at 1.3347! The 50 SMA seems to be providing some support, and I'm hoping it will hold. My initial target is around the 1.3375 resistance level, which is R1 a...
1
Mar 05
GBPUSD
Update: It's moving in the right direction so far! I've set a stop loss just below the 1.3340 level to protect my capital in case it reverses. Fingers crossed!
0
Mar 05
GBPUSD
@nadiamalik93 That's a great observation about the 20 and 50 SMAs! I'm still trying to understand how to use them effectively. Do you usually wait for a full candle close above the resistance before e...
0
Mar 05
EURUSD
Hello everyone! I am relatively new to trading, and I was wondering if anyone could explain how the Simple Moving Averages (SMAs) are used when analyzing EURUSD? I see that the 20, 50, and 200 SMAs ar...
1
Feb 27
EURUSD
Update: I've read a bit more about SMAs. Does the fact that the price is fluctuating around all those SMAs indicate that the market is currently in a consolidation phase for EURUSD? Thank you!
0
Feb 27
EURUSD
The EURUSD market seems very indecisive at the moment! It's hard to get a good read on where it's headed next. Patience is key, I suppose.
0
Feb 27