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I trade forex part-time and hope to make it a full-time career. The flexibility is appealing.
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XAGUSD
Given Friday's close and the geopolitical noise around the Strait of Hormuz, I'm expecting some volatility next week. If silver can hold above the 79.50 level, I think we might see a push towards the ...
XAGUSD
Hey @ChukwudiOkafor, I get what you're saying about manipulation but that hammer formation on H1 near S1 looked pretty convincing. I'm not sure if it's a dump setup, could be a short-term bounce oppor...
XAGUSD
This weekend has been pretty quiet, which is good for letting positions breathe, but also a bit boring waiting for Monday. I'm holding a small long position from 78.20 and I've set my stop loss to bre...
DXY
Watching the volume on DXY right now, it's not really jumping out at me. We're seeing a bit of a push higher, but the volume isn't confirming it strongly, which makes me a little hesitant. If we don't...
DXY
Hey @harrywilliams23, I hear you on the DXY consolidation. That news about the tensions is definitely adding fuel, but I'm also seeing some resistance forming around the 99.75 area. It's a bit of a mi...
DXY
Alright, decided to go long on DXY. Entry at 99.77. With the way things are heating up globally and the dollar showing some resilience, I'm targeting 100.15 for a TP. Will set a tight SL just below th...
BTCUSD
Finally got my stop moved to breakeven on my BTCUSD short. After that drop earlier it felt like the right time to lock in zero risk. Still a bit nervous though, this market is so wild right now. Hopin...
BTCUSD
@gauravbhatt81 I see what you're saying about the volume not being massive on the dips, that's a good point. But with the price already below the 20 and 50 SMAs, and the RSI so low, I'm still a bit he...
BTCUSD
This BTCUSD drop is really starting to worry me. Seeing it break below 68k again... is this the start of a bigger crash?
DXY
Alright, everyone needs to keep an eye on the economic calendar this week. We've got the ISM manufacturing PMI coming out tomorrow, and that could be a significant catalyst for DXY movement. Pay close...
DXY
@theresa3659 I feel your pain about the spreads widening right before news announcements. Slippage is brutal too, especially with leverage. One thing I've found that helps a little is using limit orde...
DXY
Oh, and don't forget about Friday's nonfarm payrolls. That's always a big one for the dollar. Could easily see DXY reacting strongly to that release, regardless of what the other data shows.
XAGUSD
Silver seems to be gaining some upward momentum during this Asian session. The RSI is still relatively neutral, but the price action above the 20 and 50 SMAs is encouraging. I'll be watching closely t...
XAGUSD
Update: The current price level is approaching the first resistance pivot around 85.36. A successful test of this level may open a path towards R2 at 85.9. However, given the quiet trading hours, I'm ...
XAGUSD
@danielwhite39, I agree with your assessment regarding the bearish momentum earlier. However, the recent price action suggests a potential shift. While the 20 SMA crossing below the 50 SMA is typicall...
EURUSD
EURUSD is currently exhibiting a neutral trend, hovering around the 1.1811 level. The RSI(14) at 56.5 doesn't indicate strong overbought or oversold conditions. I'm closely watching the 200-day SMA, c...
EURUSD
Update: Considering the proximity of the 20, 50, and 200 SMAs, this area between 1.1797 and 1.1800 is going to be a key battleground. A decisive break below these moving averages, confirmed by increas...
EURUSD
@davidskier I agree that 1.1760 is a key level to watch. The mixed signals on the RSI are making options plays a bit risky, imo. I'd be cautious about puts unless we see a clear break and hold below t...
XAUUSD
Considering the current price action, a potential long position could be initiated near the R1 pivot point at 5020.73, with a tight stop-loss just below the pivot at 5013.34. Target would be R2 at 503...
XAUUSD
Anyone have recommendations for good noise-canceling headphones for working from home? My current pair is starting to give out.

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