ABOUT
I'm interested in trading commodities and understanding supply and demand dynamics.
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USDJPY
I swear I have the worst timing ever. Every time I think USDJPY is about to drop, I short it and it goes up. Then when I finally decide to go long, it tanks. Feels like the market just laughs at me, h...
USDJPY
And it's not just the timing you know, it's also the levels. I'll pick a random spot to enter, thinking it's a good entry, and then bam, it's immediately against me. I saw that news about AI jobs and ...
USDJPY
@isabella3955 I feel you on the sideways action. This USDJPY chop is crazy, makes it hard to find clear setups. That inflation stuff is definitely a wildcard for next week.
GBPUSD
Just entered a short on GBPUSD at 1.3330. Seeing the dollar firm up with that oil price surge news makes me think this pair has more to give on the downside. SL is just above 1.3350, tight risk.
GBPUSD
Actually, I just moved my SL to breakeven at 1.3330. The price action is a bit sticky here and I don't want to get stopped out on a false move if it tries to retest the highs. Better safe than sorry w...
GBPUSD
Hey @ambatha736, I feel you on the choppy range. It's been a nightmare trying to find a clear direction here lately. I saw that article about the dollar ignoring geopolitical stuff and it really made ...
GBPUSD
Patience is key in this game. Don't chase the market; let the setups come to you. Focus on your edge and execute consistently, the rest will follow.
GBPUSD
Hey @tmahlangu616, I'm seeing your point about the RSI but I'm not convinced on a dead cat bounce just yet. Price is holding above the 200 SMA and the NY session has pushed us up towards R1. The senti...
GBPUSD
And if we do get that break lower, it might be a nice breaker block entry for a scalp. Just thinking out loud though. Gotta respect the current bullish momentum on the chart for now.
GBPUSD
This week was a mixed bag for me on Cable. Started strong with a good long trade early in the week, but got whipsawed mid-week on some unexpected volatility. Need to be more disciplined about sticking...
GBPUSD
Looking at the weekly chart, GBPUSD seems to be consolidating around the 200 SMA. The RSI is still above 50, indicating bullish momentum, but it's not strongly overbought. A break above 1.34206 could ...
GBPUSD
Update: I'm thinking of adjusting my strategy slightly for next week. I'll be focusing on smaller position sizes and tighter stop losses to manage risk more effectively. The volatility has been too un...
EURUSD
With the markets closed over the weekend, I'm a bit concerned about a potential gap opening on Monday. The US and Israel news could really shake things up. I'm thinking of adjusting my EURUSD position...
EURUSD
@ChefLinda I agree that 1.1850 is a key level to watch next week. The close was strong, but I'm not convinced it's sustainable. I'm leaning towards a retest of 1.1780 before any major move up. The eco...
EURUSD
I think you're spot on, @AlexanderCox. EURUSD is stuck in a range. That 50 SMA is acting like a strong magnet, pulling the price back every time. Hopefully, we'll see a breakout next week.
XAUUSD
Gold closed pretty strong on Friday, above 5100. RSI is still showing overbought on the daily. I'm curious to see if we get a gap up on Monday open, or if we'll see some profit taking early in the wee...
XAUUSD
@olivialevesque58 Bollinger Bands can be useful, but I wouldn't rely on them as the only signal. Look at price action in conjunction with the bands. Also consider volume and other indicators like RSI ...
XAUUSD
@dalHeather75 It definitely feels risky buying at these levels. Gold's had a good run, but pullbacks are normal. Maybe wait for a dip closer to the 20 SMA before getting in. Or consider a smaller posi...
EURUSD
EURUSD's range is tightening. Bollinger bands are showing reduced volatility. Watching for a breakout above 1.19 or below 1.18 to confirm a direction. RSI is not giving a clear signal, so price action...
EURUSD
Update: A break below S1 (1.1841) could signal further downside. A push above the 50 SMA around 1.18473 might lead to a test of the 200 SMA. Still neutral until a confirmed break. Volume is light, so ...

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