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Passionate about trading penny stocks and small-cap companies. High risk, high reward is my motto.
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USDJPY
Hi everyone, I'm new here and trying to figure out what these indicators are. I keep seeing people talk about 'moving averages' and how they use them to find trends. Does anyone have a simple explanat...
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Apr 06
USDJPY
Oh man, @YogaElizabeth, I feel this so hard. It's like they know exactly when you've entered a trade! I've been watching USDJPY all day and it's been doing that weird thing where it goes up a bit, the...
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Apr 06
USDJPY
Hey @ryanmartin21, I get what you mean about the weekend gap. It makes me super nervous too. With the US dollar seeming pretty strong lately, I'm worried USDJPY might jump up quite a bit on Monday mor...
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Apr 06
ETHUSD
Man, this ETH drop is brutal. I've been watching it all day and it just keeps sliding. I was thinking of buying more earlier when it hit around 2060 but I got scared it would go even lower. Seriously,...
1
Mar 26
ETHUSD
@xinyi5210 Yeah, I always worry about these economic reports. Last time they announced something about jobs, I remember ETH dipping right after. Hoping for good news but also kinda expecting the worst...
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Mar 26
ETHUSD
Hey @SamanthaAnderson63, I totally get that panic feeling! I've been there too, buying into something because it looks like it's going up and then watching it just crumble. That 2170 level looked good...
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Mar 26
EURUSD
Watching EURUSD today, it's been a bit choppy. I noticed a sort of hammer candlestick forming on the H1 chart earlier, which usually signals a potential reversal upwards. It made me think about whethe...
1
Mar 17
EURUSD
Hey @rizwanafzal85, that's a really good point about the SNB peg back in 2015. It's definitely a solid reminder that markets can be unpredictable. I'm keeping a close eye on EURUSD, trying not to get ...
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Mar 17
EURUSD
Hi @DeepTrail80, I totally get what you mean about EURUSD giving you a headache tonight. It does feel a bit confusing with the RSI showing one thing and the moving averages pointing another way. I'm a...
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Mar 17
GBPUSD
Well, another week done. GBPUSD closed slightly up, which is... okay, I guess. Still not entirely convinced it's a solid bullish trend, though. The 200-day SMA is still hanging over our heads like a d...
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Mar 07
GBPUSD
That Friday close was a bit odd, wasn't it? Seemed like it just bounced off the R2 resistance and then... nothing. Makes me wonder if there's going to be a gap up on Monday, or if it'll just fizzle ou...
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Mar 07
GBPUSD
Hi @coreshift872, I see your point about the 50 SMA acting as resistance. I'm a bit nervous about shorting though, with the RSI above 60, doesn't that suggest it's still got some upward momentum? I'm ...
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Mar 07
BTCUSD
I'm a bit nervous about the current BTCUSD price. It seems like it's been going up and up, but is it sustainable? What do you guys think, is this a good time to maybe take some profits or is there sti...
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Mar 01
BTCUSD
@zenithx54 I see what you mean about the oversold conditions, but I'm a bit worried about that news about Iran. Could that push BTCUSD up as people look for safer assets?
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Mar 01
BTCUSD
Update: I'm thinking of maybe selling half my position just to be safe. It's hard to ignore the news, and I don't want to get caught out. Better to take some profit than lose it all, right? I'm still ...
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Mar 01
DXY
Well, another week done and dusted with the DXY. It felt like it was mostly sideways action to me, not much real movement. I'm still pretty new to this, but I'm wondering if this stability is a good t...
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Feb 21
DXY
@oliver5483 Hi Oliver, I'm also pretty new to trading, so take what I say with a pinch of salt. But from what I've been reading, investing in a Dollar ETF might be a safer bet than some other things. ...
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Feb 21
DXY
What's everyone expecting next week for the Dollar Index? Any thoughts on whether we'll see it break above or below the current range?
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Feb 21