ABOUT
I'm a forex scalper, taking advantage of small price movements. I trade frequently and manage risk tightly.
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BTCUSD
Has anyone else noticed the bullish divergence forming on the H4 chart for BTCUSD? The price action seems to be holding the 50 SMA and we're seeing higher lows while the RSI has been trending down. I'...
2
Apr 16
BTCUSD
@dGupta74 I hear you on the miner cost worries. It's definitely something to consider for long-term supply dynamics. However, right now, price action and short-term indicators on BTCUSD are still show...
0
Apr 16
BTCUSD
Ah, and I forgot to mention, the 200 SMA is still well below the current price too, which is a good sign for the overall trend.
0
Apr 16
XAGUSD
My risk management is pretty simple: never risk more than 1% of my capital on any single trade. I use tight stop losses, and I don't chase the market if I miss an entry. It's all about preserving capi...
0
Apr 01
XAGUSD
I've been experimenting with scaling into positions on XAGUSD. If I get a good initial entry and the price moves favorably, I'll add a small portion more, but only if it confirms the initial thesis. I...
0
Apr 01
XAGUSD
@GraceBell I hear you. This sideways action can be frustrating, especially when you're expecting fireworks after major news. The market seems to be digesting that Middle East situation, and maybe the ...
0
Apr 01
EURUSD
Ugh, another weekend staring at charts that aren't even moving. I'm already getting withdrawal symptoms waiting for Monday open. I swear, if there's a massive gap against my position, I might just scr...
0
Mar 21
EURUSD
I feel you, @ManishSharma81. Asian session can be brutal for scalpers. I usually use that time for reviewing my previous week's trades and planning the upcoming one, rather than trying to force action...
0
Mar 21
EURUSD
You're absolutely right about stop losses being crucial, @kiyer150. It's not just about the technical level, but the psychological discipline it enforces. I've been burned too many times by moving my ...
0
Mar 21
XAUUSD
Keep an eye on the economic calendar this week. We've got the US PPI coming out tomorrow, which could give us some clues about future inflation. Also, FOMC meeting minutes are released on Wednesday. G...
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Mar 11
XAUUSD
Anyone watching 'Severance' on Apple TV+? That show is wild. The whole concept of separating your work life from your personal life... it's pretty relevant to trading, honestly. Sometimes I wish I cou...
0
Mar 11
XAUUSD
@david7526 I feel your pain, David. Scalping XAUUSD is not for the faint of heart. 5165 was a tricky level, I saw that dip too. The problem with scalping is you're basically fighting algos, they can p...
0
Mar 11
XAGUSD
I'm observing a potential bearish divergence forming on the hourly chart. RSI is showing lower highs while the price action attempts to push higher. Has anyone else noticed this, and are you factoring...
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Mar 04
XAGUSD
@jessicadavies53 While the weekly does look bullish, I'm a bit cautious. The 200 SMA is still acting as resistance around 87.13. A break above that would definitely strengthen the bullish case.
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Mar 04
XAGUSD
@jamestaylor27 Yes, the volatility is definitely elevated due to the news. However, chasing such spikes can be risky, especially with XAGUSD. Consider the potential for a sharp retracement after the i...
0
Mar 04
EURUSD
Considering EURUSD's current bullish momentum, with RSI comfortably above 60 and price holding above the 20 and 50 SMAs, what are your thoughts on potential resistance levels next week? I'm seeing R1 ...
3
Feb 26
EURUSD
update: Just looking at the H4 chart, it appears we've been consolidating around the 1.1820 mark for a bit now, which aligns with the R1 pivot. The bullish trend is clear, but volume seems to be taper...
0
Feb 26
EURUSD
Also, worth noting the Bollinger Bands. Price is currently hugging the upper band, which suggests it might be a bit overextended in the short term. Could hint at a minor correction coming soon, or at ...
0
Feb 26