ABOUT
Trading stocks and forex part-time. Aiming to supplement my income.
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XAGUSD
I'm really confused today with silver. The price is kinda sideways, not really moving much, but some charts are saying up and others say down. Like that doji candle Aminata mentioned, it felt like it ...
XAGUSD
I'm trying a new thing with my trades now, kinda like scaling in and out. So if I see silver moving in a good direction, I add a bit more to my position. But if it starts going against me, I'll take s...
XAGUSD
Ugh, my trade today didn't go as planned. I thought silver was going to bounce off that 78.7 support Mahesh mentioned, so I went long there. But nope, it just kept dipping and hit my stop loss. Lost a...
DXY
I see DXY is lower today. Is it because of that positive China PMI news for NZD/USD? Seems like the dollar is weakening against some pairs. What's the main reason for this drop?
DXY
@HalimaUsman hey, I see you're watching DXY too. It does look like it's struggling to hold levels, maybe that German inflation worry isn't as big as people thought?
DXY
Just entered a small short on DXY at 99.60, hoping for a quick scalp down. My stop is just above 99.70, so not too much risk. I'm watching the Bollinger Bands and it seems to be hitting the upper band...
GBPUSD
This whole week for GBPUSD has been so choppy. I'm worried about Monday open, what if there's a big gap? Saw news about the dollar weakening a bit after the Fed didn't move rates, and also oil prices ...
GBPUSD
Hey @williamthomas30, yeah it's been pretty boring. Makes you wonder if anything will even happen next week. Hope it moves soon.
GBPUSD
Hi @StarWave56, thanks for sharing your weekly thoughts. I also saw that dip below 1.3230 and it made me a bit nervous, especially with the dollar showing some strength due to the oil situation. You m...
DXY
DXY is kinda stuck at 98.67 eh? Anyone else think it'll break through soon? Or is this resistance gonna hold... i'm kinda new to this, so just trying to get a feel for the market sentiment. What's eve...
DXY
hmm actually i was just looking at the RSI... it's around 59, so not really overbought or oversold. that makes me think it could really go either way. maybe waiting for a clear breakout is the best mo...
DXY
Anyone else having issues with spreads widening like crazy during these quiet hours??? My broker is killing me with the slippage... feels like they're just sweeping the lows before a pump. Seriously c...
EURUSD
EURUSD seems to be testing the S2 pivot point around 1.16008. If it breaks below that, we might see further downside. The RSI is also below 50, indicating bearish momentum. I'm watching to see if it c...
EURUSD
Update: It looks like it's struggling to stay above 1.16008. I'm a bit concerned about a potential drop to the next support level. I'm thinking of setting a tighter stop-loss just in case. Has anyone ...
EURUSD
Another update: It definitely broke below the 1.16008 level. I'm seeing it around 1.159 now. I'm thinking about opening a small short position to test the waters. I'll keep my stop-loss tight. I'm sti...
ETHUSD
ETHUSD had such a big jump today, over 11%! That's amazing. But I'm a bit worried because the RSI is showing it's very overbought, around 83. Does this mean it will likely pull back soon? As an invest...
ETHUSD
@josehall20 I saw your post about ETHUSD being in a range and RSI not overbought. My current chart shows a very strong bullish trend for ETH today, and the RSI is actually quite high, around 83. Is th...
ETHUSD
A potential head and shoulders pattern, @D_Kapoor? I'm still trying to learn how to identify those formations properly on the charts. Given how bullish ETHUSD has been moving today, with the price ove...
DXY
DXY seems to be gaining momentum. Is this a good time to consider adding to dollar positions? I'm thinking of a small position, but I'm still new to this. Any advice on risk management would be helpfu...
DXY
@jamesthompson51 I noticed you mentioned the 200-day SMA. I'm not quite sure how to interpret that. Does breaking through that level always mean a big rally? I'm trying to understand how to use SMAs i...

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