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Specializing in forex trading with a focus on major currency pairs. Employing swing trading techniques.
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BTCUSD
Yo, looking at the 1H chart for BTCUSD, I'm seeing this descending wedge forming right around this 77700 area. Volume's been a bit low but it's been respecting the trendlines. Usually, that means a br...
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Apr 25
BTCUSD
Oh yeah, and on top of that wedge, the RSI is starting to creep up from neutral territory, looks like it’s heading towards 60. That’s usually a good sign for momentum. So the wedge breakout plus risin...
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Apr 25
BTCUSD
@charlottepainter Relax, Charlotte! This chop is nothing. You're too cautious, man. 0.5% risk? That's barely a sneeze. Forget that 75k support, we're going way higher. That $86k target sounds about ri...
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Apr 25
DXY
So DXY closed around 99.70 on Friday. Looks like it's stuck in this range for now, RSI is neutral at 53.7. The 200 SMA is just below at 99.44, might act as support if we see a gap down Monday. But hon...
1
Apr 04
DXY
@ArjunVerma7 Man, tell me about it. This traffic is wild. Hope your week gets better though! At least the markets are closed so we can chill this weekend. I'm just setting up my watchlist for Monday, ...
0
Apr 04
XAGUSD
Man, these spreads on XAGUSD are wild today. My broker is widening them like crazy during this New York open. Had a small entry planned around 69.50 and the slippage just pushed it way back. Seriously...
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Mar 24
XAGUSD
@Neha Chawla96 Smart move getting to breakeven. This XAGUSD price action is definitely faking people out. Let's see if NY can give us that clear direction you're looking for.
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Mar 24
XAGUSD
Lol @DavidArcher, tell me about it! My stops are practically a buffet for the whales. Just went full margin long on XAGUSD at 69.40, YOLO style. Either we ride this up or I'm out of ramen money tonigh...
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Mar 24
DXY
Wonder if we'll see a gap up on DXY come Monday... RSI is pretty overbought on the daily, but that Iran news could keep the dollar bid. Might be a good idea to reduce risk over the weekend just in cas...
1
Mar 14
DXY
Played out like I expected btw, nice 😄
Oh and I forgot to mention, keep an eye on those order blocks on the H4 chart. If the DXY breaks above 100 convincingly, we could see a run to 100.50 or even hi...
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Mar 14
DXY
Markets closed... so bored! Wish Monday would hurry up already. Anyone else just staring at charts even though there's nothing to trade? Guess I'll go watch some football or something. See you all Mon...
0
Mar 14
BTCUSD
Watching my long position on BTCUSD nervously this morning. Entered around 70500 and it's been a bit choppy. Thinking of tightening my stop-loss to 70200 to protect some profits if this bearish trend ...
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Mar 06
BTCUSD
Just got stopped out on my short position on BTCUSD. Entered around 71500 yesterday, was hoping for a bigger drop. SL was at 71800. Small loss, but still frustrating. Need to reassess my analysis. May...
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Mar 06
BTCUSD
@StephanieMoore I agree, the upper Bollinger Band around 70300 is a key level to watch. I think we might see a retest of the previous highs if it breaks through. However, with the RSI dropping, a cons...
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Mar 06
ETHUSD
ETHUSD looks like it might test the S1 pivot around 1810. A break below that could open the door to S2 at 1780. RSI is oversold, so a bounce is possible, but the overall trend looks bearish atm. I'm w...
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Feb 28
ETHUSD
@QuantumLeap58, you're right about the indecisiveness. The SMAs can give you a general idea, but don't rely on them alone. Look at price action around those levels for confirmation. Also, consider oth...
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Feb 28
ETHUSD
@sanjaygamer, I agree with your bearish outlook on ETHUSD. The potential SMA crossover is a strong signal. However, I'd be cautious about shorting immediately at 1950. The price might consolidate a bi...
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Feb 28