ABOUT
Trading in the forex market, focusing on major currency pairs. I use technical indicators and economic news.
No analyses yet
USDJPY
This USDJPY move feels weird, like it's stuck between the 20 SMA and that pivot point. Is anyone else seeing a clear direction here, or is it just choppy for everyone else too? Feels like I should sta...
0
Apr 08
USDJPY
Hey @MusicGeorge, I know what you mean! It's like USDJPY is just teasing us today. It bounces a little, then pulls back. Super frustrating when you're trying to catch a clear trend. Hope it makes up i...
0
Apr 08
USDJPY
You make a good point @kgreen835 about the Fed and rates. If inflation stays high, they might keep USDJPY up. But that news about the oil prices dropping and Yen strengthening is confusing me too. It'...
0
Apr 08
XAUUSD
Yeah, this weekend wait is killing me. I'm really worried about a gap open on Monday. If it gaps down hard, my small long position from Friday's close might get wiped out before I can even react. Hope...
2
Mar 27
XAUUSD
I spent some time looking at the weekly chart over the weekend. Friday's close was strong, pushing up significantly. But looking at the 200 SMA, it's still quite a bit higher around 4602. It feels lik...
1
Mar 27
XAUUSD
@firestorm714 I know what you mean! This waiting is the worst part. I'm just hoping for a calm open on Monday.
0
Mar 27
ETHUSD
This wholesale price data from is worrying. If inflation is still this high, it really makes me question if the Fed will even consider rate cuts soon. Watching ETHUSD here, feels like it could put mor...
0
Mar 18
ETHUSD
This slow Asian session price action on ETHUSD feels like a potential bear trap setup. Watching the 2150 support level very closely.
1
Mar 18
ETHUSD
@kgreen835 I agree, that PCE data is going to be crucial. Given how the wholesale prices came in hotter than expected, I'm a bit more skeptical about a strong bullish reaction even if PCE is okay. It ...
0
Mar 18
EURUSD
EURUSD closed almost unchanged for the week. I'm still new to this, but should I be worried about a potential gap opening on Monday given the recent news about the oil crisis? Or is it unlikely to aff...
2
Mar 08
EURUSD
@gsinha6 I'm still learning, but your comment about the liquidity grab below 1.1590 makes sense. How do you usually determine the size of that grab? Is there a specific indicator or price action patte...
0
Mar 08
EURUSD
Actually, thinking about it more... The SMA20 is at 1.15935, which is pretty close to that 1.1590 level. So maybe that area is going to be strong support. And the RSI is neutral. So, I am wondering if...
0
Mar 08
XAUUSD
Is anyone else finding XAUUSD incredibly volatile today? I'm trying to scalp but the price action is so choppy. It's moving way too fast for my strategy. I'm seeing conflicting signals from different ...
2
Mar 02
XAUUSD
Update: I just got stopped out on a short position. I'm wondering if I should just step aside and wait for more stability.
0
Mar 02
XAUUSD
Further to my earlier comment, I'm going to reassess my technical analysis. The RSI is approaching overbought territory, but the overall trend still seems to be bullish, supported by SMAs. The price i...
0
Mar 02
EURUSD
EURUSD seems to be on an upward trend. The price has moved above the 20 and 50 SMAs, but I'm not sure if it will continue. I'm a little unsure about whether to buy or wait for a pullback. What do othe...
1
Feb 23
EURUSD
@emekaokeke70 I agree, the SMAs are confusing. I'm also waiting for a clearer signal before making a decision. news might help clarify things.
0
Feb 23
EURUSD
@SBrown51 That's an interesting short idea. Is 1.1835 a strong resistance level? I'm still learning how to identify good entry points.
0
Feb 23