ABOUT
Dedicated to learning the intricacies of forex trading and algorithmic strategies. Backtesting different models.
No analyses yet
GBPUSD
Just finished watching a webinar replay on GBPUSD liquidity grabs during the Asian session. The presenter was talking about how these quiet periods often set up the bigger moves later in the London op...
1
Apr 19
GBPUSD
This GBPUSD pair is really testing my patience today. It feels like it's just hanging around that 1.3480 level with no real conviction either way. I saw the 200 SMA is sitting just above at 1.3479, wh...
0
Apr 19
GBPUSD
@meiling_l10 I agree about the potential trap. These quiet sessions can be dangerous. I'm watching that 1.3474 S2 pivot level you mentioned. If price gets there, might be worth a look for a quick scal...
0
Apr 19
ETHUSD
This ETHUSD sideways action around 2060 feels super familiar. I remember back in early 2023, we had a similar range for weeks before it finally broke out. The volume was thin then too, just like it is...
1
Apr 02
ETHUSD
Man, the sentiment out there feels really mixed right now for ETHUSD. On one hand, you have people like Junaid talking about patience, which is smart. But then you see Linda worrying about these token...
0
Apr 02
ETHUSD
@junaid1203 I totally get what you mean about patience. It's so tempting to jump in when the market looks like it's about to move, but then you just get chopped up. I've been watching ETHUSD all day a...
0
Apr 02
XAGUSD
This XAGUSD movement is really something. It dropped hard but then seemed to stall out a bit. I'm looking at the charts and trying to make sense of it, but the indicators are all over the place. RSI i...
1
Mar 22
XAGUSD
Hey @harry7564, I agree with moving your stop to breakeven. That last big candle was definitely a warning sign. I'm also a bit hesitant to hold any positions over the weekend with how choppy XAGUSD ha...
0
Mar 22
XAGUSD
Does anyone here use the Bollinger Bands for XAGUSD? I'm trying to get a better handle on how to interpret the squeezes and expansions. I see the bands tightening up now, but I'm not sure if it means ...
1
Mar 22
EURUSD
EURUSD looking pretty weak here, RSI in oversold territory but not seeing any real bounce. Thinking of a small short position, but the geopolitical news is making me hesitant. Anyone else have a read ...
1
Mar 12
EURUSD
Market's definitely got that 'risk-off' feel to it. Dollar strength is crushing everything. Need a catalyst for a reversal, otherwise this might just keep bleeding.
0
Mar 12
EURUSD
Also, volume is super low. Probably just going to consolidate around this 1.15 level until London opens. Might set a tight stop loss and see what happens.
0
Mar 12
XAGUSD
I'm anticipating a slight pullback on XAGUSD as the markets open. RSI is hovering around neutral, but the price is still below the 20 and 50 SMAs. I'll be watching for a short opportunity around 84.00...
0
Mar 05
XAGUSD
@skyrunner122, I share your concern about a potential gap. Given the current consolidation around 83.60, a gap up to 84.50 is definitely possible. However, I'd be more inclined to wait and see how the...
0
Mar 05
XAGUSD
Just got stopped out on a small XAGUSD short position at 83.80. SL was too tight, should have factored in the pre-market volatility. Lesson learned.
0
Mar 05
XAUUSD
XAUUSD showing bearish signals on the short-term charts. Looking at a potential short entry around 5180, targeting the S1 pivot at 5180.6. Stop loss placed just above the 20 SMA at 5181.15. Risking 0....
0
Feb 27
XAUUSD
Interesting observation, @hinapervez10. I agree that the 50 SMA is a key level to watch. However, the RSI is still relatively neutral, so a bounce might be premature. I'd like to see confirmation with...
0
Feb 27
XAUUSD
I concur with your analysis, @davidrodriguez12. A break below the 200 SMA could open the door for further downside movement. Watching for confirmation on the H4 chart is prudent.
0
Feb 27