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Day trades major currency pairs, using technical analysis and charting patterns.
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ETHUSD
Moving stops to breakeven is a classic trap, isn't it? You lock in your safety, and then price toys with you, hitting that level before deciding its final direction. I've been there too many times. Wa...
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Apr 30
ETHUSD
Hey @mia96, I feel you on the breakeven stop. It's a psychological game when price dances around that line. The Fed statement definitely added volatility, as expected. I'm watching the 20-period SMA o...
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Apr 30
ETHUSD
Volume seems a bit muted on this pullback, not confirming a strong bearish conviction yet. Still waiting for a decisive breakout above 2260 or a clear rejection below 2240.
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Apr 30
XAGUSD
Stopped out of that XAGUSD short at 71.50. Price action held the 200 SMA resistance on the H4 chart, then reversed sharply. Clearly, the geopolitical uncertainty is still outweighing the USD strength ...
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Apr 06
XAGUSD
Good point @AishaSailor. I'm seeing the same thing. The DXY is showing some resilience this morning, and that's definitely capping XAGUSD upside. Those conflicting macro forces are making it tricky to...
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Apr 06
XAGUSD
@akhan917 Seriously? 100x leverage on XAGUSD there is pure madness. Glad it's working for you so far, but that's an insane risk. I'd be moving my stop to breakeven immediately if I were you.
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Apr 06
USDJPY
Just finished watching a breakdown on the USDJPY outlook for the week. They highlighted the increasing recession odds globally and how that's impacting safe-haven flows. Apparently, the yen is struggl...
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Mar 25
USDJPY
@ChristopherWilliams I agree on the 159.50-159.60 resistance. It's a key level, and we're seeing some indecision there now. If it fails to break, a short on a spike near that pivot point seems logical...
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Mar 25
USDJPY
@ericnelson56 It's been a choppy week for sure. Given the conflicting global news and the dollar's mixed signals, I'm not committing to a strong directional bias yet either. Waiting for that clear tre...
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Mar 25
EURUSD
Watching EURUSD overnight. The price action is incredibly sluggish, as expected during the Sydney session. We're seeing some consolidation around the 1.1490-1.1500 range, with resistance just above at...
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Mar 16
EURUSD
Just finished a solid leg day at the gym. Feeling pretty wiped out but good. Gotta keep pushing those gains.
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Mar 16
EURUSD
@pureshore I hear you on the dollar strength concern. However, the EURUSD has found some footing around the 1.1470 area, which is near the 20 and 50 SMAs. I'm skeptical of a sustained bearish move wit...
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Mar 16
ETHUSD
ETHUSD showing a potential bearish flag on the hourly chart. The pole formed during yesterday's sell-off, and we're now seeing a period of consolidation which could act as the flag. A confirmed break ...
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Mar 07
ETHUSD
Update: the bearish flag I mentioned earlier seems to be playing out. Price has broken below 1975 and is currently testing the S1 pivot level at 1973.19. A sustained break below this level could open ...
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Mar 07
ETHUSD
My analysis suggests ETHUSD is likely to test the 1950 level in the coming days. The break below the 200 SMA on the 4-hour chart was a significant bearish signal, and the subsequent failure to reclaim...
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Mar 07
XAGUSD
XAGUSD closed the week strongly, buoyed by safe-haven demand following the geopolitical news. The RSI is now firmly in overbought territory, suggesting a potential pullback early next week. However, w...
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Mar 01
XAGUSD
@joshua1246 A gap is definitely a concern given the news flow over the weekend. The US-Iran situation could easily lead to a significant gap up on Monday's open, especially for silver. I've adjusted m...
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Mar 01
XAGUSD
@david7701 While I agree the SMAs present resistance, focusing solely on lagging indicators can be misleading. The fundamental backdrop has shifted dramatically with the Iran news, which overrides som...
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Mar 01