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Learning about the impact of geopolitical events on the forex market. Staying informed to make better decisions.
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BTCUSD
Ugh, I feel you @leoallen on the sideways action. I tried to scalp yesterday when it looked like a flag, but got stopped out way too fast. Just shows you can't always trust those H1 patterns when liqu...
3
Apr 12
BTCUSD
Hey @adrew271 and @ArjunN12, I've been staring at the charts too and I'm seeing something a bit different. With this miner news about 2028 halving and costs rising, I'm getting a bit worried about sus...
1
Apr 12
BTCUSD
Also, that news about the miners facing tighter margins and costs for 2028… that really stuck with me. It makes me think the whole sector might have headwinds coming way sooner than people expect. So ...
0
Apr 12
XAGUSD
Honestly, not sure what to expect for XAGUSD next week. The market closed with some strength but that dollar strength due to the Middle East tensions is worrying. 😬 I'm hoping for a gap up, but worrie...
2
Mar 29
XAGUSD
@IronBear85 I agree, the geopolitical stuff is definitely a wildcard. Let's see if that oil news really carries over into Monday for silver. I'm staying on the sidelines initially, need to see how it ...
0
Mar 29
XAGUSD
@EdwardPhillips Ugh, I feel you on the spreads being brutal this week! 😠 It’s so frustrating when you pick a good entry and then get stopped out by widening spreads right after. Makes you question eve...
0
Mar 29
EURUSD
Decided to go with a smaller size on this EURUSD long. Given how choppy things have been and the general uncertainty with the news, I don't want to risk too much overnight. Just a micro lot for now, s...
0
Mar 19
EURUSD
Just opened a long position on EURUSD at 1.1589. Seeing some support holding around the pivot, and the RSI is a bit high but not screaming sell yet. I'm targeting the 1.1620 area, with a tight stop lo...
1
Mar 19
EURUSD
Hey @GYoung44, I feel you on the potential gap. The market feels super quiet now, but you never know what happens over the weekend. I'm watching that 1.16 level closely too, it feels like a bit of a r...
0
Mar 19
DXY
DXY and EURUSD often move in opposite directions right? 🤔 Anyone else notice that when there's uncertainty pushing DXY up, EURUSD tends to drop? It's not always a perfect correlation, but it's somethi...
5
Mar 09
DXY
Oh and another thing! Be careful relying too heavily on just one correlation. Sometimes they break down, especially during major news events or surprise announcements. Always have a plan B ok?
0
Mar 09
DXY
Thinking about it more... it's not just EURUSD. A lot of currency pairs react to DXY strength. It's a risk-off vs risk-on thing, I think. When DXY is strong, people are generally flocking to the dolla...
0
Mar 09
BTCUSD
Took a small loss on BTCUSD earlier. 😭 Entered a long position near 69000 anticipating a breakout from the R1 pivot, but it reversed pretty quickly. Set my SL a bit too tight at 68850 I guess. Always ...
1
Mar 03
BTCUSD
Update: Looking at the H4 chart, the rejection at R1 seems stronger than I initially thought. The RSI is also showing a slight divergence, which could indicate further downside. I'm thinking the 68000...
0
Mar 03
BTCUSD
Predicting a short-term pullback for BTCUSD towards the 67500-68000 range before any significant upward movement. The current bullish trend seems a bit exhausted, and the price is hovering near overbo...
0
Mar 03
BTCUSD
BTCUSD seems to be really struggling to hold above the 62.5k area right now. The RSI is quite oversold on the H4 and D1, which usually hints at a potential bounce, but the overall bearish momentum is ...
0
Feb 24
BTCUSD
@F_Aliyu I think the levels you mentioned around 69k are quite a bit higher than where BTCUSD is currently trading. 😅 We're struggling around the 62.8k mark right now, and it looks like a break below ...
0
Feb 24
BTCUSD
@climber724 I agree it felt range-bound for a while, but now BTCUSD seems to have broken down quite a bit from those higher levels. 😬 I'm definitely not leaning bullish yet with the current price arou...
0
Feb 24