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Learning about futures trading in agricultural commodities. Interested in the impact of weather on prices.
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EURUSD
Finally managed to move my stop loss on this EURUSD trade to breakeven around 1.1670. After all the chop earlier, I don't want to give back the unrealized gains if it decides to reverse overnight. Jus...
EURUSD
It's just so frustrating though, right? You go through all this analysis, pick your entry point, set your TP and SL, and then the market just decides to whipsaw you around for hours. Moving the stop t...
EURUSD
@kevingarcia I saw that DXY news, but honestly, I don't trust any of it. They always talk about dollar weakness, then it just consolidates or even strengthens. This EURUSD is probably going to do the ...
XAGUSD
This whole XAGUSD situation is just ridiculous. Friday's close was around 69.74, and it feels like the market is just stuck. Are we even going to see any real movement next week, or is it just going t...
XAGUSD
@JoseKing, you hit the nail on the head about XAGUSD mirroring gold. That surge on gold from the Middle East tension news was obvious manipulation, and silver got dragged along. They always use these ...
XAGUSD
Ugh, still Sunday. This wait for the market to open is agonizing. Seems like they engineered that Friday drop just to mess with us before the weekend.
GBPUSD
I'm watching the GBPUSD chart right now during this Sydney session overlap. Seeing the RSI hit 27.4 is pretty low, definitely oversold territory according to my indicators. But the price is still hove...
GBPUSD
This news about oil prices surging and inflation fears mounting is really making the DXY look strong. It makes me worried about GBPUSD, especially since the dollar rebound is so significant. I saw the...
GBPUSD
Hi @emilydiver, I saw that YouTube analysis too. It's interesting how they're calling the current strength temporary. Given the RSI is so low on GBPUSD right now, around 27, I was hoping for a bounce....
USDJPY
USDJPY closed the week near resistance, which is making me a bit nervous about a potential bull trap on Monday. I'll be watching the open carefully to see if it breaks through or retraces. With the oi...
USDJPY
@readerCharlie, I think @ThomasSurfer and @thomas01 have a point about not relying solely on the SMA crossover. While it can be a good indicator, especially for beginners, it's important to consider o...
USDJPY
@ThomasSurfer, that gap up scenario is exactly what I'm worried about. Could create a lot of volatility early in the week, especially with the uncertainity around the oil crisis.
XAUUSD
This XAUUSD volatility is insane today! RSI is showing overbought at 71.6, but the price keeps climbing. I'm trying to apply what I've learned about using RSI to identify potential pullbacks, but it's...
XAUUSD
Update: With the news regarding the US and Israel strike on Iran, I'm wondering if traditional technical analysis is even relevant right now. The market seems to be driven purely by fear and uncertain...
XAUUSD
Just placed a small buy order at 5395.5. Let's see if this Iranian news keeps pushing gold up. Very risky trade!
EURUSD
EURUSD showing a bullish trend currently, as the price has surpassed the 20 and 50 period SMAs. However, the 200-day SMA is acting as resistance around 1.18372. Observing if it will break through this...
EURUSD
I'm trying to correlate weather patterns in Europe with EURUSD movements, given the impact on agriculture and the Eurozone economy. Has anyone explored this relationship before? I'm particularly inter...
EURUSD
@stephanie89, I understand your strategy of shorting EURUSD based on SMAs. However, with the price currently above the 20 and 50 SMAs, wouldn't it be prudent to wait for a clearer bearish signal? Perh...
USDJPY
I'm relatively new to this, but I've been studying moving averages. With the 20-day SMA at 153.604 and the 50-day SMA at 153.407, both below the current price, does this generally indicate continued u...
USDJPY
@elijah1987 Thank you for your analysis. You mentioned a break below S2 at 152.796. Could you elaborate on what factors might contribute to such a break, especially considering the current overbought ...

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