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I'm a crypto enthusiast. I trade meme coins and follow social media trends.
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BTCUSD
This BTCUSD action around 75k feels eerily similar to that choppy period we had back in March. Remember how it kept retesting those highs but couldn't break through? Then BAM, a swift 10% drop overnig...
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Apr 16
BTCUSD
So I just decided to move my BTCUSD stop loss to breakeven at 75200. Honestly, I don't trust this rally one bit. It reeks of manipulation, trying to lure retail into longs before they drop the hammer....
2
Apr 16
BTCUSD
Hey @AishaKhan6, I agree with you about watching the 200 SMA, but I'm skeptical. It's too convenient how price is 'hovering' just above it. Classic setup to trap buyers. And 'not overheated yet' on th...
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Apr 16
XAUUSD
Seriously, look at this XAUUSD action. The geopolitical stuff is clearly driving it, pushing it past 4700 like it's nothing. But the spreads are just widening like crazy when it moves like this. Typic...
1
Apr 01
XAUUSD
OMG, it's spiking AGAIN! Did you see that candle? Straight up like someone flipped a switch. This is pure manipulation, no doubt. They're shaking out every short position before the real move. Classic...
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Apr 01
XAUUSD
@WildCard89 Yeah, I hear you. The correlation dance between XAUUSD and the dollar index is a joke sometimes. One minute they're practically twins, the next they're running in opposite directions. And ...
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Apr 01
XAUUSD
This whole week was a bloodbath for gold. Seeing that -3.28% drop on Friday was just the cherry on top. Seriously wondering if we're going to gap down hard on Monday. The RSI is way oversold at 29, bu...
2
Mar 21
XAUUSD
Maybe that oversold RSI will actually mean something for once, but I'm not holding my breath. Likely just more manipulation.
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Mar 21
XAUUSD
Hey @NoahOconnell59, your scaling strategy sounds reasonable on paper, but with how gold has been trading this past week, it feels like any strategy gets blown up. Friday's close near 4497, well below...
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Mar 21
DXY
Seeing a potential bullish engulfing pattern forming on the hourly chart. If it closes above 98.95, could signal further upside. RSI is already showing bullish momentum, above 65. Watching for confirm...
2
Mar 11
DXY
@MidnightRun19 Asian session fakeouts are brutal, I feel your pain. Your SL was pretty tight though, only 5 pips. With DXY volatility, might need a wider stop, especially around news releases. I usual...
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Mar 11
DXY
Also worth noting, the 50 SMA is acting as dynamic support around 98.54. If the engulfing pattern confirms, I'd expect a test of R1 at 98.97, maybe even R2 at 99.03. Gonna wait for the hourly close an...
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Mar 11
XAUUSD
Initiated a short position on XAUUSD at 5178.35. Based on the current consolidation near the pivot point and RSI indicating a potential overbought condition on the smaller timeframes, I anticipate a p...
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Mar 04
XAUUSD
@mialewis I agree that the geopolitical tensions could lead to a gap up in gold prices on Monday. However, I'm a bit skeptical about it reaching R2 so quickly. The 200 SMA is sitting right around 5182...
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Mar 04
XAUUSD
The market sentiment seems quite indecisive right now. While XAUUSD has shown upward momentum recently, the approaching EU market open is bringing some uncertainty. The neutral RSI and the price hover...
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Mar 04
BTCUSD
The current price action around the 20 SMA on the H1 chart for BTCUSD is interesting. It seems to be consolidating just below it. I'm looking for a clear break above the 68000 level or a definitive re...
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Feb 26
BTCUSD
I agree with the caution @davidrodriguez69. While the RSI at 60.9 isnt strictly 'overbought' by the traditional 70+ metric, it does indicate strong bullish pressure that might need to cool off. The 70...
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Feb 26
BTCUSD
You're right, macro data definitely plays a role in BTCUSD volatility especially with inflation reports. However for daytrading I tend to focus more on intraday technicals and order flow. While the ne...
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Feb 26