ABOUT
Trading in forex and commodities, with a focus on risk management. I am interested in economic news.
No analyses yet
BTCUSD
This BTC run up is looking like a classic bull trap. They always pump it just before a big dump to catch all the FOMO buyers. Mark my words, we're going to see a sharp correction soon. Don't get caugh...
0
Apr 10
BTCUSD
Hey @lily_r77, I totally get what you mean about that consolidation phase around 69k. It's giving me serious déjà vu from last year, and yeah, that feeling of buying the top is the worst. But honestly...
0
Apr 10
BTCUSD
@jwilson198 Man, smart money playing games is the story of my trading life. That ETH move sounds brutal. Let's hope BTC is different this time, though I'm loading up anyway!
0
Apr 10
EURUSD
Weekend already. This week was wild for EURUSD, felt like it was just bleeding lower most of the time. Glad I got out of that last short before it got too choppy. Honestly, I'm just ready for Monday t...
3
Mar 28
EURUSD
Alright, weekend chart staring time. Looking at EURUSD, that Friday close at 1.15089 is sitting right on that S2 pivot. The dollar strength news from the Middle East oil situation is definitely a big ...
1
Mar 28
EURUSD
Actually, thinking more about that 1.15 support. If we do get a gap down on Monday and it breaks that, I might even consider a YOLO long off the bottom if it looks like a fakeout. Gotta be ready for a...
0
Mar 28
GBPUSD
This evening, I was looking at GBPUSD again and honestly, my biggest bad habit is probably chasing the market. I see a move happening and I just jump in without a proper plan, then wonder why I'm sudd...
1
Mar 19
GBPUSD
I really need to stick to my entry criteria and stop second-guessing myself when price moves against me for a bit. Patience is definitely key, and I'm working on it.
0
Mar 19
GBPUSD
@gregory9594, I see that double bottom idea on the chart, it's interesting! But honestly, with all the Fed talk about potentially fewer rate cuts, I'm a bit nervous about this pair right now. I'm watc...
0
Mar 19
EURUSD
I've been trying to factor in global news more into my EURUSD trading. The recent oil crisis headlines made me realize how interconnected everything is. Even though it's not directly about the euro, i...
1
Mar 08
EURUSD
@WilliamHill That's an interesting idea. I'm always hesitant to leave orders overnight, especially with EURUSD. The gaps can be brutal. What's your risk/reward ratio?
0
Mar 08
EURUSD
@psharma220 I agree it's consolidating, but I'm not sure about sideways movement for the whole week. The dollar seems pretty strong right now with all the oil concerns and the news from Canada. I wond...
0
Mar 08
XAGUSD
I'm a bit new to this, but does anyone else see a potential double bottom forming around the 85.00 level on the XAGUSD chart? I'm trying to learn more about identifying patterns, and this one caught m...
0
Mar 02
XAGUSD
Keep an eye on those SMA lines, folks! XAGUSD seems to be respecting the 200-day SMA as support right now. Could be a good entry point if it holds.
0
Mar 02
XAGUSD
@ajones130 I'm definitely feeling the choppiness too! I've widened my stop-loss a bit to account for the increased volatility, but it makes me nervous. What percentage of your account do you usually r...
0
Mar 02
USDJPY
The USDJPY seems to be consolidating around the 154.60 level. I'm watching the economic calendar closely this week for any news that might push it one way or the other. I wonder if the BOJ will interv...
0
Feb 23
USDJPY
@MiaW71 Pivot points are interesting! I'm also trying to understand them better. Maybe try backtesting the pivot points on USDJPY to see how they've performed in the past?
0
Feb 23
USDJPY
Hi @EllaClark11, it's hard to say for sure about R1. It *could* act as resistance, but it could also break through. Looking at the SMA200, it seems like there's underlying support around 153.805. I'm ...
0
Feb 23