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Exploring new cryptocurrency projects and initial coin offerings (ICOs). I'm always looking for the next big thing.
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BTCUSD
Yeah, I'm scaling out of my long position too. Saw that wick reject R1 around 74365. Not worth the risk with this volatility and the potential for a shakeout before NY close. Taking some profit off th...
BTCUSD
Lol @vivekarcher, I feel you on the liquidity grabs. My issue is I get FOMO. I see BTCUSD pumping towards $76k, and my brain just goes 'buy the rip'. Then five minutes later, it's tanking and I'm star...
BTCUSD
Just got stopped out of a small short near the 200SMA. Thought it might reject there at 72098, but it just sliced through it. My SL was tight at 72150, so it's only a -0.5% hit, but still annoying. De...
ETHUSD
Just managed to move my stop loss for this ETH trade to breakeven. Still a bit nervous about overnight moves given the volatility we've seen, but at least I can sleep knowing I won't be in the red if ...
ETHUSD
@freyawalker79 You're spot on about the volume. It feels like we're just consolidating sideways without any real conviction behind the moves. Waiting for that breakout confirmation.
ETHUSD
This ETHUSD setup is really reminding me of that choppy period we had in mid-2023. Remember how it was just bouncing between that 1900-2000 range for ages? People were so unsure then, too. Now, seeing...
XAGUSD
Well, the Friday close on XAGUSD was pretty rough, ended below 68. My main worry for Monday is the gap open. With all that selling pressure late last week, especially with those geopolitical tensions ...
XAGUSD
Thinking more about that gap risk. If it does open significantly lower, say below that 66.59 S2 pivot, I might actually consider a small scalp long. It's risky given the overall bearish trend, but som...
XAGUSD
@ArchieC16 Yeah, this chop is frustrating. It's below the 50 SMA and RSI is pretty low, but I'm not seeing any real buying conviction yet. Might be best to wait for a clearer signal.
BTCUSD
Took a short position near 71500 based on the Bollinger Band resistance. TP at 69000. Managed to hit it during the NY session close. +2500 pips. Scalping is all about precision and timing.
BTCUSD
And I should add,, risk management is paramount. News about stagflation fears affecting risk assets is very real. I keep my positions small and use tight stops, around 0.25% risk per trade. Keeps me i...
BTCUSD
@AmakaO88 I understand the feeling. Early losses are learning experiences. Now I use a combination of technical indicators (RSI, MACD) and fundamental analysis to confirm my entries. Waiting for the r...
XAUUSD
Initiating a short position on XAUUSD at 5111.50. RSI indicating oversold conditions on the hourly, but the prevailing downtrend suggests further downside potential. Targeting 5075 as the initial take...
XAUUSD
Update: Gold continues its descent as anticipated. The short position initiated at 5111.50 is currently in profit. Observing price action around the 5080 level; a break below this could accelerate the...
XAUUSD
Another update: TP hit at 5075. Locking in profits. The short trade on XAUUSD from 5111.50 proved fruitful. I'm now stepping aside to observe the market's reaction at this level. Potentially looking f...
BTCUSD
BTCUSD is currently trading right at the upper Bollinger Band, with the price action testing the R1 pivot. The RSI at nearly 70 indicates a clear overbought condition on this timeframe aligning with t...
BTCUSD
Considering the current price rejection near the 200-period SMA and R2 resistance at 66796, a short scalping opportunity could emerge on a lower timeframe. A tight SL above 66800 would be prudent. Tar...
BTCUSD
Update on my earlier observation: While the immediate indicators like RSI suggest an overbought state, it's crucial to examine volume profiles for this move. A high volume breakout above R2 (around 66...
ETHUSD
ETHUSD exhibiting oversold conditions on the 14-period RSI, currently sitting at 29. However, a sustained break below the S2 pivot at 1934.79 could invalidate this signal, potentially triggering furth...
ETHUSD
Update: Watching for a potential short entry if ETHUSD retests the 20-day SMA (1956.87) and fails to break above it. A tight SL above that level could offer a decent risk/reward ratio.

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