ABOUT
Swing trading in the forex market, focusing on medium-term trends. I am patient and wait for the right setups.
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ETHUSD
Watching ETHUSD in this Asian session. Decided to take a small position size, maybe 0.5% of my portfolio. Better to be safe than sorry right now. Don't want to over-leverage and get wiped out if there...
1
Apr 16
ETHUSD
@imran9130 I hear you on the institutional interest, it does seem to be a factor. But this regulatory news, especially from the UK, still makes me a bit nervous. I'm not sure how it will play out for ...
0
Apr 16
ETHUSD
@CoderAditi I saw that news too, it's definitely unsettling. Regulations can really shake things up, it's hard to know if it's good or bad long-term. Right now, ETHUSD is kinda choppy. I'm worried abo...
0
Apr 16
XAGUSD
seeing a lot of doji candles forming on the 15m chart for XAGUSD. This usually means indecision. Price shot up really fast on that news, but now it's struggling to decide where to go next. Might be a ...
0
Mar 31
XAGUSD
@dLee91 yeah that R1 break looks strong, but RSI is really pushing overbought territory now. Careful if it keeps climbing.
0
Mar 31
XAGUSD
@jameswilson67 I know right! That news about the Middle East ceasefire really caught me off guard too. Silver just exploded upwards past 73. I was thinking of shorting near 72.50 as resistance, but th...
0
Mar 31
USDJPY
This weekend feels extra long, especially with USDJPY hovering around 159.20. I closed my short position on Friday before the close, just to be safe. Not looking forward to a potential gap on Monday m...
1
Mar 21
USDJPY
Hey @sabelo3379, totally get that weekend boredom. I'm with you on watching USDJPY. That 200 SMA is still a good distance, so I'm also leaning bullish longer term. But yeah, the price action felt a bi...
0
Mar 21
USDJPY
Also, with all that geopolitical news about the dollar potentially rebounding from those tensions, I wonder if that'll be the catalyst for USDJPY to break out of this range. It's not a direct link lik...
0
Mar 21
USDJPY
I also tend to move my stop to breakeven pretty quickly. Especially with USDJPY, it can reverse on you out of nowhere. Better to lock in something small than lose what you had. Going to bed now, hope ...
1
Mar 10
USDJPY
@DivyaRao breakeven is a good call. This pair can be so unpredictable. I'd rather take a small profit than a loss. Good luck!
0
Mar 10
USDJPY
@vikramsingh30 RSI divergence on H4? I see what you mean. 157.80 seems like a reasonable target. Hope it works out for you!
0
Mar 10
GBPUSD
Currently watching my GBPUSD short position. Entered near 1.3350. SL at 1.3380, TP around 1.3280. Price is hovering around the 20 SMA. A bit nervous about a potential bounce, might move my SL to break...
0
Mar 04
GBPUSD
@thomas1737 RSI above 60 isn't always a buy signal. Check for divergence and look at higher timeframes before jumping in. 1.3350 area has been resistance previously.
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Mar 04
GBPUSD
What's everyone's sentiment on this GBPUSD dip? It's broken S1 and is testing S2 pivot level. I'm leaning towards a further drop, but the RSI is getting oversold on the H4 chart. Could be a decent sho...
0
Mar 04
BTCUSD
The current BTC rally has been strong, but I'm getting a bit cautious. That RSI reading above 75 is definitely a warning sign for me. It feels a bit overextended, and chasing it now seems risky. I'm p...
0
Feb 25
BTCUSD
@mGreen54 you hit it spot on about BTC's unpredictability. It's truly a friend on a 'diet' as you said, always surprising. The Bollinger Bands tightening is definitely something to watch, often a prec...
0
Feb 25
BTCUSD
My current view on BTCUSD is definetly cautious despite the strong bullish trend. Price is well above the 20, 50, and 200 SMAs, which usually good for the bulls. But the RSI at 75 is a huge red flag f...
0
Feb 25