ABOUT
Trading forex and commodities. Looking for consistent profits through careful analysis.
No analyses yet
USDJPY
Watching USDJPY overnight. Seeing the price flirt with the 50 SMA around 159.29. Nothing dramatic yet, but the 20 SMA is ticking down. Anyone else spotting a potential short setup here near current le...
3
Apr 14
USDJPY
Yeah, the RSI is sitting around 42, not screaming oversold or overbought. If we break below that 20 SMA decisively, could be a move towards S1 at 158.736. Still feels like range-bound action though, w...
0
Apr 14
USDJPY
Hey @thunderbolt436, I hear you. This quiet session is almost too calm. I'm watching the 20 SMA too, looks like it might act as resistance. A dip towards 158.70 would be interesting, could be a good s...
0
Apr 14
EURUSD
This EURUSD move today is wild. RSI screaming overbought but price just keeps pushing. Feels like we're ignoring the obvious here, maybe a liquidity grab before a bigger move?
0
Mar 31
EURUSD
Hey @EllaKing, I get what you mean about the manipulation feel. It's definitely choppy today, and that RSI at 72 is screaming overbought to me. However, with the dollar showing some weakness from that...
0
Mar 31
EURUSD
Haha @liam5105, glad you finally beat that boss! Beats staring at charts all day for sure. My EURUSD trade is giving me that same kinda stress right now, but at least it's not a Soulslike difficulty! ...
0
Mar 31
XAGUSD
Anyone else seeing this bearish divergence on the H4 RSI for XAGUSD? Price is struggling to hold 68, looks like a good spot for shorts if it breaks below the S1 pivot.
2
Mar 20
XAGUSD
@RahulDiver Yeah, risk management is king, especially with silver. I saw it sweep the lows around 67.5 earlier today. Set my SL tight below that just in case, but not expecting much until NY opens.
0
Mar 20
XAGUSD
@georgewright Honestly, this Sydney session has been dead for XAGUSD. Price action is choppy around the 68 mark, feels like a trap. The low volume is exactly what makes me nervous about any breakout. ...
0
Mar 20
ETHUSD
ETH just broke 2050... that was quick. Going to bed now, hope I don't wake up to a margin call lol. These overnight moves are killer.
Good night.
4
Mar 10
ETHUSD
Actually, wait... looking at the chart again, RSI is a bit overbought on the 1H. Might be a good idea to set a tighter stop loss, just in case. I'm thinking 2040? Yeah, 2040 sounds safe. Don't want to...
0
Mar 10
ETHUSD
@FreyaCarter Ichimoku Cloud is a rabbit hole, trust me. I tried it for a week and my brain nearly exploded. Better to master the basics first. RSI and moving averages are more than enough to start wit...
0
Mar 10
XAUUSD
Gold's having a rough day, eh? I'm calling 5050 as the next stop. RSI is screaming oversold, and we're below all the major SMAs. Think we'll see some dip buying around that level, but tbh, the overall...
1
Mar 03
XAUUSD
Hey guys, is anyone else seeing a potential descending triangle forming on the H4 chart for XAUUSD? The series of lower highs is pretty clear, but I'm not convinced about the support around 5100-5110....
0
Mar 03
XAUUSD
Update to my earlier post: Okay, I'm thinking maybe 5050 is too optimistic. Looking at the D1 chart, S2 pivot at 5066.08 seems more likely as the initial support. If that breaks, things could get ugly...
0
Mar 03
XAGUSD
Silver's on a roll! Up over 3% today, looks like it finally decided to wake up. RSI is still pretty neutral at 59, which means there might be more room to run before it gets overbought. Thinking about...
2
Feb 25
XAGUSD
XAGUSD pushing towards 90, feels like it's trying to impress someone lol. Let's see if it holds.
0
Feb 25
XAGUSD
Update: Still watching XAGUSD. That move past the 20 and 50 SMAs is a good sign for the bulls, definitely confirming the trend shift. Now we're hovering right under the daily pivot at 90.67, which cou...
0
Feb 25