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Trading forex pairs and learning about global markets. Interested in understanding economic indicators.
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ETHUSD
It's important to remember that trading is a marathon, not a sprint. Sometimes the market just needs to breathe, and patience is key. Don't get discouraged by slow sessions; focus on refining your str...
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Apr 11
ETHUSD
Hi @EllaBell, I saw that video too about the Middle East situation affecting crypto. It does make sense that if oil prices keep going up because of all the tensions, inflation could become a bigger pr...
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Apr 11
ETHUSD
Hey @VijaySingh79, I feel you on this Sydney session. It really does feel like watching paint dry, doesn't it? I'm also just staring at the ETHUSD chart around the 2290-2300 area and not much is happe...
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Apr 11
EURUSD
Well, Friday's close for EURUSD was around 1.1508. It's a bit lower than where it was earlier in the week, so that's concerning. I'm just hoping we don't see a big gap down when the markets open on Mo...
1
Mar 28
EURUSD
Hey @wwilliams513, I completely understand what you mean about the cost of everything going up. It makes you really second-guess every expense. For trading, I'm trying to be extra careful with my stop...
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Mar 28
EURUSD
I'm worried about a potential gap up or down on Monday morning for EURUSD. The price action on Friday was quite weak, and it closed near a support level at 1.1500. If any major news breaks over the we...
1
Mar 28
EURUSD
I'm trying to be really careful with my trades. My main rule is not to risk more than 1% of my account on any single trade. I know some people are okay with more, but with me being so new, I feel safe...
3
Mar 19
EURUSD
@Mohan Das, thanks for sharing your observation. I'm also watching EURUSD closely, but I'm a bit confused. You mentioned the RSI is near 50, which sounds neutral, but the price is near 1.15537 now, wh...
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Mar 19
ETHUSD
I'm observing what appears to be a descending triangle forming on the ETHUSD H4 chart. The series of lower highs suggests increasing selling pressure, but we need to see a confirmed break below the su...
3
Mar 09
ETHUSD
@finley988, I agree that the correlation between ETHUSD and BTCUSD is noticeable. However, relying solely on BTCUSD's movements can be risky. ETHUSD's upcoming network upgrades and the broader adoptio...
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Mar 09
ETHUSD
@vKhanna23, risk management is indeed very important. I personally use a 2% risk limit per trade, but i agree that every trader should find the best balance for their own strategy and risk tolerance.
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Mar 09
XAGUSD
This current XAGUSD price action reminds me of what happened back in early March. We saw a similar period of consolidation with the price fluctuating around the 50-day SMA. It ultimately broke downwar...
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Mar 02
XAGUSD
I am cautiously bearish on XAGUSD in the short term. The RSI is still below 50, indicating potential for further downside. I anticipate a possible move towards the S2 pivot level around 88.25, but I w...
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Mar 02
XAGUSD
What are everyone's thoughts on the current sideways movement of XAGUSD? The Bollinger Bands seem to be tightening, which could indicate an imminent breakout, but the direction is unclear. I'm curious...
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Mar 02
ETHUSD
ETHUSD is showing a strong bearish trend, and the RSI is quite low at 28.8, indicating it's oversold. I am wondering if this suggests a potential bounce soon or if the downward momentum could continue...
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Feb 24
ETHUSD
The current price of ETHUSD is clearly below the 20, 50, and 200 SMAs. This confirms a significant bearish bias, which makes me very cautious.
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Feb 24
ETHUSD
@xwong722 I agree that ETHUSD looks bearish. However, with the RSI showing oversold conditions, do you think there's a risk of a reversal before a strong breakout downwards? I'm hesitant about shortin...
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Feb 24