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Focusing on technical analysis in forex market. Aiming to identify patterns and trends for profitable trades.
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XAUUSD
Seriously, this crude oil news is getting ridiculous. Every day it's some new drama about breaking $104. I swear, they're just trying to pump it so they can dump gold. My gut says this is just noise t...
1
Apr 29
XAUUSD
This massive drop today feels like a classic bear trap setup. They're shaking out all the weak hands before the real party starts. Keep an eye on that S2 pivot, if it holds, we're going parabolic.
0
Apr 29
XAUUSD
@lthompson94 Mate, you're adding to a long when gold is tanking like this? Bold move. I saw that S2 bounce too but honestly, with the way things are going and all this news about Iran messing with oil...
0
Apr 29
DXY
This week was a bit of a rollercoaster, wasn't it? I was watching DXY bounce around but didn't really pull the trigger on anything big. Honestly, just happy to be out of the market for the weekend. Re...
0
Apr 05
DXY
Just looking at the charts now, it feels like DXY is setting up for a decent move next week. The oil prices going up might actually give it a nice boost. Fingers crossed for a gap open on Monday morni...
0
Apr 05
DXY
@jennifer684 yeah, I saw that move through R1. Personally, I'm a bit wary of chasing it right into the weekend. The oil price news swirling around could cause a massive gap either way on Monday. I'd r...
0
Apr 05
XAGUSD
Woah, what's this news about the ceasefire hopes fading? I thought we were supposed to be heading for peace and quiet in the Middle East. Sounds like silver might get hammered again if that optimism i...
1
Mar 25
XAGUSD
@kwright929 Mate, I get you. Weekends are pure torture for us position traders. Just sitting there with your capital locked in, praying it doesn't gap down to oblivion when the market opens. I'm actua...
0
Mar 25
XAGUSD
Actually, thinking about this ceasefire news more... if it's truly fading, that means the risk-off sentiment might return. Which could be good for silver if everyone piles back into safe havens. Maybe...
0
Mar 25
DXY
This DXY action is wild tonight. Seems like it's just bouncing around the 99.50-99.60 area. Anyone else seeing any clear patterns forming here, or is it just a choppy mess? Trying to make sense of it ...
2
Mar 16
DXY
I've been staring at the DXY chart for ages, and I think I might be spotting a descending triangle forming on the H4. The price is hitting that upper resistance around 99.60-99.70 repeatedly, but the ...
0
Mar 16
DXY
@christopherwilliams99 I hear ya, mate. Looking for shorts at overbought levels makes sense, especially with that geopolitical mess causing jitters. I'm also a bit hesitant to jump in right now. My DX...
0
Mar 16
BTCUSD
Well, this is a bit of a kick in the teeth, isn't it? BTC taking a proper nosedive during the Asian session. I was HOPING for a bit of sideways action to catch my breath after yesterday's shenanigans....
1
Mar 07
BTCUSD
Update: Okay, digging a little deeper. RSI(14) is flirting with oversold territory at 31.6. SMA200 is right around this price point, almost acting as support at 68274.83. But that Bollinger Band is lo...
0
Mar 07
BTCUSD
@docampo710 I feel your pain, mate! Buying at 69k... ouch. But hey, welcome to the club. We've all been there! Don't panic sell, that's the worst thing you can do. Easier said than done, I know. I thi...
0
Mar 07
ETHUSD
Is anyone else spotting a potential ascending triangle forming on the H4 chart? I'm a bit green still, but it looks like we're consolidating nicely. If we break above that resistance around 2050, coul...
1
Mar 01
ETHUSD
Quick tip for the newbies: don't get tunnel vision focusing only on one timeframe. Always check the D1 for the bigger picture, it can save you from a world of hurt! haha
0
Mar 01
ETHUSD
Hi @lily9394, good on you for learning the ropes! Using the SMA20 as a stop loss isn't a bad idea, but consider the volatility. With this recent surge, it might be too tight. Maybe look at the Bolling...
0
Mar 01