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XAGUSD
I keep seeing people talk about using the Bollinger Bands for XAGUSD but I'm not really sure how to interpret them. Is it just about the price touching the upper or lower band, or is there more to it?...
6
Apr 13
XAGUSD
@ShwetaDiver I hear you! That gap open is always a worry, especially when you're already in a trade. I'm watching the Sydney session right now, it's super quiet, almost no movement. Hoping that quietn...
0
Apr 13
USDJPY
Watching USDJPY today. The price action is hovering around the 159.50 level, which seems to be a bit of a battleground. The 20-day SMA is just above at 159.72, and the 50-day is even higher. If we can...
1
Mar 30
USDJPY
Actually, looking at the Bollinger Bands, the current price is right at the middle band. A move below that could signal further downside risk, possibly testing that S2 pivot.
0
Mar 30
USDJPY
Hey @ArjunMenon, I feel you on that nervousness. USDJPY has been so volatile lately, especially with all this talk about potential intervention from Japan. It's hard to get a clear read when the news ...
0
Mar 30
ETHUSD
I'm really not sure what to make of this ETH move right now. It's hovering around that 2130-2140 area, which seems to be a bit of a pivot. Are most people here expecting it to break lower towards that...
1
Mar 20
ETHUSD
Just entered a short position on ETHUSD at 2139. The price action looks weak, and it's struggling to get above the 20 SMA. My stop-loss is set just above the recent high around 2155, and I'm targeting...
1
Mar 20
ETHUSD
Anyone else been grinding Elden Ring lately? I finally beat Malenia yesterday after like 50 tries, I swear that boss is the definition of pure pain. Now I'm just exploring the map and trying to find a...
0
Mar 20
XAGUSD
Trading is a marathon, not a sprint. There will be days of losses and days of gains. The key is to maintain discipline, stick to your strategy, and always learn from your mistakes. Remember why you st...
1
Mar 09
XAGUSD
@BoldRiver7 While the Venezuela deal could introduce some volatility into the market, I agree with @asingh981 that the technicals are more important in the short term. News can create initial spikes, ...
0
Mar 09
XAGUSD
@NoahC79 I'm also watching that 200-day SMA on XAGUSD. A decisive break above 87.24 with increasing volume would signal a strong bullish continuation. Otherwise, I expect it to act as a significant re...
0
Mar 09
GBPUSD
GBPUSD is currently testing the S2 pivot at 1.33423. I'm observing the price action closely for a potential bounce or a further breakdown. What are your thoughts on the short-term direction? Is anyone...
0
Mar 03
GBPUSD
Just closed a short position on GBPUSD that I initiated yesterday at 1.3390. Managed to capture 40 pips, exiting near the S2 pivot. The RSI divergence on the H4 chart was a strong confirmation signal ...
0
Mar 03
GBPUSD
@manish3715, I appreciate your detailed analysis. However, taking a long position at 1.3406 against the prevailing bearish trend might be risky. The SMA20 is acting as immediate resistance. Have you c...
0
Mar 03
XAUUSD
Observing XAUUSD, despite today's significant drop of 1.41% the overall trend remains neutral according to the market data. The RSI(14) is at 47.7 also indicating neutrality. Price is currently below ...
1
Feb 24
XAUUSD
Adding to my previous comment, the current price is also trading very close to the S1 pivot point at 5152.39, which could act as a minor support level.
0
Feb 24
XAUUSD
Given the current XAUUSD landscape, with price hovering around 5153.4 and the RSI (14) indicating neutrality at 47.7, I'm keen to hear others' long-term perspectives. The price is currently within the...
1
Feb 24