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Forex scalping is my game, aiming for small wins throughout the day.
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XAUUSD
With the markets closed for the weekend, I'm curious to hear what others are expecting for XAUUSD next week. Given the news about the Strait of Hormuz reopening and the push towards the $4,900 level, ...
2
Apr 19
XAUUSD
Looking back at Friday's close, it finished strong but still below that key 4900 resistance. If we do see a gap up, I'll be watching to see if it holds or if it's a bull trap scenario. The RSI is sitt...
0
Apr 19
XAUUSD
@ChristopherW7 I agree, that Iran news certainly provided a catalyst. However, I'm a bit skeptical about sustained safe-haven demand if geopolitical risks truly subside. We might see some profit-takin...
0
Apr 19
XAUUSD
Interesting to see gold trading around the 200 SMA on the daily chart right now. The recent drop has brought it close to that level. What are others seeing here from a technical standpoint, especially...
3
Apr 02
XAUUSD
I remember a time when I'd chase every little 15-minute flag pattern, only to get stopped out by the larger trend. Now, I try to focus more on the H4 and D1 charts before committing. It's a constant b...
1
Apr 02
XAUUSD
The USD strength is definitely a factor to consider against XAU. We'll see if the 200 SMA can offer any support or if we break through to the pivot point.
0
Apr 02
GBPUSD
Friday's close on GBPUSD was certainly interesting. Ending below the 50 SMA, around 1.3335, feels like a slight bearish signal for the upcoming week. The DXY weakness mentioned by Arthur is a counterp...
0
Mar 22
GBPUSD
What are your expectations for GBPUSD heading into Monday's open, especially considering the geopolitical events? I'm a bit concerned about a potential gap, given the dollar's recent softness despite ...
1
Mar 22
GBPUSD
That sideways action on the RSI near 42 is pretty telling. It suggests we're in a holding pattern, waiting for a catalyst. Friday's close below the 50 SMA is a bit concerning for bulls.
0
Mar 22
GBPUSD
One thing I've learned recently is the importance of sticking to your stop loss, even when it feels like the market is just teasing you. I had a GBPUSD trade last week where I moved my stop further ou...
1
Mar 12
GBPUSD
@kanderson168 I think your analysis is reasonable, that 1.3330 level is definitely a key area to watch. However, keep an eye on the overall trend and the news cycle. With the current risk aversion in ...
0
Mar 12
GBPUSD
@ShreyaKhan I feel you, weekends are tough. I'm planning to review my trades from this week and see where I can improve. Maybe do some correlation analysis with other pairs. Good luck with your backte...
0
Mar 12
EURUSD
During the Asian session, EURUSD often consolidates. Look for breakout opportunities as London session approaches. Volume is typically lower, so manage position size accordingly. Patience is key durin...
0
Mar 05
EURUSD
@archie2003 Your observation on the key levels is valid. I agree that a breakout at 1.1770 or 1.1790 will likely set the tone. However, I'm also watching the 50-day SMA at 1.16239 as a potential suppo...
0
Mar 05
EURUSD
Aarav, your short position at 1.1725 seems aggressive given the neutral RSI. Be cautious, and monitor price action closely around the 1.16266 level. Good luck with your trade.
0
Mar 05
GBPUSD
A potential short opportunity is forming on GBPUSD. The RSI is below 40, indicating bearish momentum. I'll be watching for a pullback to the 1.3490 area, near R1 pivot, to enter a short position with ...
0
Feb 27
GBPUSD
The persistent weakness in GBPUSD is concerning. While the pair has been consolidating within a relatively tight range, the overall trend remains bearish. The SMAs are acting as dynamic resistance, wi...
0
Feb 27
GBPUSD
Bearish engulfing pattern forming on the H4 chart. Expecting further downside in GBPUSD. Watching for a retest of the recent lows. Targetting 1.3450.
0
Feb 27