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Trading forex and learning about different currency pairs. I'm committed to continuous learning.
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USDJPY
This USDJPY chop reminds me a bit of late 2023. Lots of back and forth, sellers stepping in at resistance, buyers at support. Seems like nobody really wants to commit. I'm just watching the 200 SMA fo...
1
Apr 06
USDJPY
It's funny how USDJPY is just chugging along while EURUSD is stuck in that triangle pattern. Makes you wonder if there's some hidden correlation or if they're just dancing to different tunes right now...
0
Apr 06
USDJPY
@ella2000 I hear you on the 160 test. Feels inevitable at some point. But yeah, gotta watch those old highs. Remember last time we got close, it just reversed hard. I'm looking for a clean break above...
0
Apr 06
XAGUSD
Man, I swear I'm the king of entering just before a massive dump. Saw that 68.50 resistance on XAGUSD and thought 'easy long'. 100x leverage, all in. Now staring at the screen like an idiot. Guess it'...
2
Mar 26
XAGUSD
@nicole3967 I hear you on the XAGUSD momentum, it's been brutal. Forget the weekly RSI, I'm watching the 1-hour chart for any sign of a squeeze. That 68.02 S2 pivot you mentioned is key. If we can get...
0
Mar 26
XAGUSD
Yeah, definitely gonna need to see some serious buying pressure to even consider going long again after that last move. Might just wait it out.
0
Mar 26
BTCUSD
BTC's price action around 74500 has been pretty choppy. I'm seeing some doji candles forming, which suggests indecision. This often happens at resistance levels. Given the recent run-up, I'm wary of a...
1
Mar 17
BTCUSD
@rsiddiqui917 I agree, it's definitely mixed. The SMA crossover is a lagging indicator and can be misleading in choppy markets like this. I'm more concerned about the lack of conviction behind the mov...
0
Mar 17
BTCUSD
Also, the news about institutional mining-backed credit markets is interesting, but I don't see it as a major bullish catalyst right now. It's more about infrastructure. What's more concerning is the ...
0
Mar 17
XAUUSD
With the market closed, I'm always a bit anxious about potential gap openings on Monday. XAUUSD had a decent run-up on Friday. I'm hoping it doesn't gap down too much at the open, otherwise I'll be re...
0
Mar 07
XAUUSD
This week was a bit of a mixed bag for me trading XAUUSD. I had a couple of good entries that hit my TP, but also a few that stopped me out. The volatility was high at times, making it difficult to ho...
0
Mar 07
GBPUSD
With the markets closed, it's a good time to plan for Monday. Given the current neutral trend and RSI around 50, I'll be watching for a break above 1.3485 for a potential long entry. However, I'm also...
0
Mar 01
GBPUSD
@linda1676, I've been looking at the Bollinger Bands on GBPUSD too. It's definitely tightening, but I'd be wary of a false breakout. The bands are just one indicator, and with the markets closed and g...
0
Mar 01
GBPUSD
@jlee104, I feel your pain! That FOMO trade sounds all too familiar. It's so important to stick to your strategy, especially with GBPUSD. It can be quite choppy. Reviewing your risk management is a sm...
0
Mar 01
XAGUSD
Wondering what everyone's expecting from silver next week. The close was pretty strong, but RSI is def overbought on the daily. Think we'll see a gap up on Monday or a correction first? What are your ...
1
Feb 21
XAGUSD
@matthew01 That's a good point about macro factors. I agree that interest rate expectations are key for XAGUSD right now. The technicals are important, but the underlying economic data will probably d...
0
Feb 21
XAGUSD
@CoderAshley Yes, a break above that resistance could definitely signal further upside. I'm a bit cautious about the RSI though. It's pretty high, so a pullback is definitely possible. Maybe wait for ...
0
Feb 21