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Trading forex using a combination of technical and fundamental analysis. I am a student of the markets.
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BTCUSD
Hey @eScott8, pivots are basically calculated price levels (support/resistance) based on previous day's high, low, and close. They give us potential turning points. Think of them as common reference a...
BTCUSD
Managed to move my stop to breakeven on that little bounce around 77k. Still feels a bit dicey with this RSI so low and the 200 SMA still above price though. Just want to lock in some risk-free pips i...
BTCUSD
Hey @lily3153, I see what you mean with those smaller candles near the Bollinger Band top. It's definitely a cautious signal. While RSI is oversold, price action is key. I'm personally more focused on...
XAGUSD
Well, Friday's close for XAGUSD was interesting. Seeing it pull back from those highs around 75 was a bit of a surprise, given the earlier momentum. The RSI settled around 53, which is pretty neutral,...
XAGUSD
For Monday, I'll be watching that 72.07 S2 pivot level closely. If we open below Friday's close and break that, it could be a decent short opportunity targeting 71.73, the 20 SMA.
XAGUSD
Also, thinking about the broader picture, with all this talk about inflation and Kiyosaki pushing precious metals again, there's definitely underlying demand there. It's just a matter of whether the s...
BTCUSD
Watching the volume here on BTCUSD during this London session. It's picked up a bit, which is good to see after the Asian doldrums, but it doesn't feel like it's really confirming this push higher. We...
BTCUSD
The market's definitely got a bit of life in it now with London in full swing. I'm keeping a close eye on the volume. While we're pushing towards those higher levels, and the RSI is still showing some...
BTCUSD
Hey @RohanG43, I hear your concern about BTC testing that S2 pivot around 68.6k. It's definitely a critical level. From my side, I'm looking at the chart and while the RSI might be dipping, the volume...
GBPUSD
Watching GBPUSD during the London open always reminds me of that spike back in early 2021. We saw a similar push through resistance then, only for it to reverse sharply. This current test of 1.34 feel...
GBPUSD
Hey @mgarcia69, I hear you on the mixed signals. This 1.34 level has been a stubborn one for a while now, and seeing the 200 SMA still sitting above the current price does make me a bit hesitant about...
GBPUSD
Hi @schen570, I know what you mean about the sideways action. It's a real killer for momentum trades, especially when you're trying to catch sleep. Moving your SL to 1.3405 is a smart move to protect ...
GBPUSD
Has anyone else been watching the potential for a double top forming around 1.3400 on the H4 chart? It's still early days, of course, but if we see a confirmed break below the neckline around 1.3350, ...
GBPUSD
Update: price is currently testing that 1.3350 level I mentioned. Watching closely to see if it holds or breaks. Volume seems a bit low, though, so might be a false alarm. Patience is key, I suppose.
GBPUSD
@oJones67 Your short setup sounds reasonable, Olivia. I'd just be cautious of the RSI – it's hovering around neutral, so there might not be as much downward momentum as we'd like to see. Good luck wit...
EURUSD
Alright, looking at the EURUSD charts over the weekend, I'm cautiously optimistic about a potential bounce early next week. The news about Iran is definitely concerning, and risk aversion could push t...
EURUSD
Anyone else just dreading going back to work on Monday? The weekend always flies by way too fast. I'm trying to enjoy the last bit of peace and quiet before the chaos starts again. Maybe I'll binge-wa...
EURUSD
That Friday close felt a bit shaky, tbh. The late rally was unexpected considering the news, makes me think there's still some underlying bullish sentiment. Going to be a volatile week, I reckon.
XAGUSD
Well, that was a week and a half. Silver really took off, didn't it? I managed to catch some of the upside but got a bit shaken out on a false breakout earlier in the week. Still, ending the week in p...
XAGUSD
@shweta_c68 You're spot on about those bond yields. They're the silent puppeteers behind a lot of these moves, aren't they? I'm also watching the dollar index closely; a weaker dollar could give silve...

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