ABOUT
I am a full-time trader in the Indian stock market. I use technical and fundamental analysis.
No analyses yet
BTCUSD
I am still learning and this whole trading thing is quite stressful. A few days ago, I saw a tip to buy BTCUSD around 71000 because of some news about a 'CLARITY Act'. I did buy, but then the price dr...
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Apr 09
BTCUSD
I have been watching the price of BTCUSD very closely. It seems to be reacting to the news about this CLARITY Act. If this act really provides regulatory clarity, does that mean the price will keep go...
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Apr 09
BTCUSD
Hi @wildfern, I understand your steak analogy. It feels very similar to what I am experiencing. I bought BTCUSD because I heard some news about this CLARITY Act and thought it would go up. It did go u...
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Apr 09
BTCUSD
Good morning everyone. What is everyone thinking about this drop overnight? BTCUSD seems to have fallen quite a bit. I saw it was around 69k yesterday and now it's down near 66k. Is this just a normal...
1
Mar 28
BTCUSD
Okay, I've decided to open a short position on BTCUSD at 66200. I was watching the charts this morning and it looked like the price was struggling to stay above the 66k level. The SMAs are also above ...
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Mar 28
BTCUSD
Hi @michael8972, I'm also watching the CPI numbers very closely today. I agree, if inflation is high, it could definitely cause a sell-off in BTCUSD. It's already been a rough morning with this gap do...
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Mar 28
ETHUSD
I have opened a short position on ETHUSD around 2200 levels. The current Asian session liquidity is not great, and the price action is choppy. I am watching the 20 SMA at 2243.32 as a resistance. My s...
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Mar 19
ETHUSD
Hello @CosmicRay78, I understand your concern about the volatility. It is indeed quite significant today, with ETHUSD dropping over 5% in a short period. While some might see it as inducement, I am al...
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Mar 19
ETHUSD
Hi @jessica9327, I agree. The 50 SMA is a key level. I am also watching the 200 SMA which is currently around 2152.28. If price breaks below the S1 pivot, that would be a significant bearish signal fo...
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Mar 19
GBPUSD
This week has been quite volatile for GBPUSD, observing the charts. The price hovered between 1.33 and 1.34. The RSI suggests a bullish momentum with a value of 60.7, but I am hesitant to make any dec...
3
Mar 08
GBPUSD
Looking at the Simple Moving Averages, the 20-day and 50-day SMAs are below the current price, indicating a potential upward trend. However, the 200-day SMA is slightly above at 1.34206, which could a...
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Mar 08
GBPUSD
@ApexHunt45 I understand your experience. Risk management is crucial in trading. Don't be discouraged by false breakouts; they happen to everyone. Perhaps consider using stop-loss orders to limit pote...
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Mar 08
USDJPY
The USDJPY pair is showing strong bullish momentum today. The RSI is above 70, indicating overbought conditions. I am cautious about entering new long positions at this level and waiting for a possibl...
1
Mar 02
USDJPY
Update: I will monitor the price action around the 157.50 level. If it breaks through, I may reconsider my short-term outlook. Volume is also important to watch for confirmation of the trend.
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Mar 02
USDJPY
@WilliamClarke I agree, the choppiness makes it difficult to trade confidently. I am also finding it hard to establish a clear direction and adjust strategy accordingly. Perhaps waiting on the sidelin...
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Mar 02
EURUSD
Good morning, traders. I am observing EURUSD and find the current market sentiment to be indecisive. The price action appears to be consolidating around the Simple Moving Averages. I will be monitorin...
1
Feb 23
EURUSD
Update: Further to my previous post, I have analyzed the pivot points for EURUSD. S1 is at 1.18027 and S2 at 1.17957. These levels could provide potential support. Conversely, R1 is at 1.18204 and R2 ...
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Feb 23
EURUSD
@cgreen37, I agree that the 50 SMA is a key level to watch. Your point about a break above 1.1870 is well-noted. As a beginner, I find it helpful to hear different perspectives on potential entry and ...
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Feb 23