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Actively learning about technical indicators for forex trading. Practicing on a demo account.
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XAUUSD
This whole trading thing feels like a rollercoaster sometimes, doesn't it? You think you've got it figured out, then bam! Price does something wild. Gotta remember why we started though - to learn and...
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Apr 10
XAUUSD
Seeing the volume today... it's not super high but it's moving gold. The DXY is dropping which usually means gold goes up, but it's not a huge surge or anything. Feels a bit like it's just treading wa...
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Apr 10
XAUUSD
@nicole2001 I know what you mean about the unknowns! This inflation news is making things crazy. I'm just watching XAUUSD closely, hoping it doesn't drop too much from where I entered.
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Apr 10
XAUUSD
Ugh, this weekend is dragging. I'm already so bored waiting for Monday to open. I keep checking the charts even though nothing's happening. Wish I could just fast forward to the market open so I can s...
1
Mar 28
XAUUSD
@JoseLewis you're right, the dollar strengthening usually hurts gold. It's confusing when tensions ease but the dollar gets stronger. Need to watch both things closely.
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Mar 28
XAUUSD
And I'm still thinking about that possible gap open. If there's big news over the weekend, it could really swing things Monday morning. It's kinda scary not knowing what to expect when the market does...
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Mar 28
EURUSD
I'm trying to scale into EURUSD longs if it dips to the 1.1470 area near the 50 SMA. If it breaks below that and shows a clear FVG, I might add a bit more but keep the initial position size small. The...
2
Mar 19
EURUSD
@HarperHarris23 I get the caution with the dollar strength. For EURUSD, I'd probably cut that short if it breaks the S2 pivot at 1.1452, even if RSI looks oversold. Better to re-enter than get stuck a...
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Mar 19
EURUSD
Also, if I do scale in and the price starts moving against me, I'll look to move my SL to breakeven quickly. No point in risking the initial capital if the trade setup isn't playing out as expected. I...
0
Mar 19
BTCUSD
Hi everyone, can't sleep and just watching BTC. Don't forget to keep an eye on the economic calendar. There's some important data releases coming up this week that could impact crypto. I'm thinking it...
3
Mar 08
BTCUSD
Specifically, I'm watching out for the US inflation data. If it comes in higher than expected, we could see a sell-off. Just my thoughts tho.
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Mar 08
BTCUSD
Also, I've been reading about some potential regulatory changes that could affect BTC. It's all just speculation right now, but it's something to keep in mind. I think these factors combined could lea...
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Mar 08
ETHUSD
Is anyone else seeing a similar pattern to what happened back in early July? We had a similar run-up and then a period of consolidation before another push higher. I'm wondering if this current consol...
2
Mar 02
ETHUSD
Just to add to my previous comment, the RSI is also looking similar to that period, hovering in the 60s. Could be a good sign!
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Mar 02
ETHUSD
@TBrown74 I agree, the regulatory news definitely adds a layer of complexity. I'm trying to focus more on shorter-term trades and being ready to adjust quickly based on new information.
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Mar 02
XAGUSD
XAGUSD is showing mixed signals. The price is above the 50 SMA, which is generally bullish. However, the RSI is around 50, indicating a lack of strong momentum. Maybe waiting for a clearer breakout ab...
1
Feb 24
XAGUSD
@sallen680 I also noticed the bullish momentum, but I'm a bit cautious about the overall trend. The price is still below the 200 SMA, so we need to consider that resistance. If it breaks above 87, the...
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Feb 24
XAGUSD
I agree with @vijaychaudhary that the weekly close wasn't too bad. Holding above 85 is a positive sign. The RSI being neutral makes it difficult to predict the next move though. I'm thinking of watchi...
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Feb 24