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Trading stocks and shares, with a particular interest in FTSE 100 companies. Aiming for dividend income and capital appreciation.
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GBPUSD
This GBPUSD action is kind of reminding me of that EURUSD mess last week. Same kind of choppy, indecisive feel before a big move. Lots of talk about that triangle pattern and potential breakouts. I sw...
GBPUSD
Yeah, I saw that EURUSD chart too, @aswanepoel457. It just seemed to stall out and then got crushed on some news. I'm worried the same thing could happen here. I've got a long from around 1.3220 and t...
GBPUSD
Also, that USD/CHF news about the double top looks like it's affecting the dollar more broadly. If the dollar is weakening across the board, that should technically be good for GBPUSD, right? But then...
ETHUSD
Wow, ETH is really getting hammered today. Down over 5% now. Is this just normal volatility or is something bigger going on? Feels like we're heading lower but hard to say for sure. Anyone else feelin...
ETHUSD
Hey @Ava Murray, good point about the regulatory landscape. I saw some news about the White House clearing the path for crypto in 401(k)s, which sounds like a big deal for adoption. But then there's a...
ETHUSD
Yeah @NicoleClark46, I definitely see what you mean about that bearish divergence on the H4. It's scary to watch the RSI make lower highs while the price is trying to hang on. I was just looking at th...
XAUUSD
Watching XAUUSD closely around the 5000 level. It's been pretty flat today, not much displacement. The SMAs are still above price, which is a bit bearish long-term, but the Bollinger bands are tight, ...
XAUUSD
@ojones588 I see what you mean about the hammer on the hourly, but the volume doesn't look too convincing yet. It's been a bit quiet, feels like it could be a dead cat bounce if it doesn't get some re...
XAUUSD
Yeah, that tight range around 5003-5012 is really testing my patience. I was hoping for a clearer signal after that geopolitical spike mentioned earlier, but it just faded. Still holding my small long...
GBPUSD
Did a bit of weekend chart analysis on GBPUSD. The weekly close was just above the 1.34 level, which is encouraging. However, the 200-day SMA is sitting right there at 1.34206. If we can break through...
GBPUSD
@william99 Interesting short position, William. I see what you mean about the RSI on the 15M. But I'm a bit wary of going short with the 20 and 50 SMAs both below price on the D1 chart. Seems like the...
GBPUSD
This week was a bit of a mixed bag for me trading GBPUSD. Had a couple of small wins, but also a frustrating loss when I got stopped out just before price reversed. Need to be more patient and stick t...
ETHUSD
Okay, I'm in a long position on ETH from 1985. Watching closely now as we approach 2000. Trailing stop is set at 1970 to lock in some profit. A bit nervous with all this volatility but hoping it break...
ETHUSD
@cokafor430 I agree that patience is key right now. The consolidation you mentioned is pretty clear on the charts. I'm seeing similar resistance around 1990-2000, and a break above that could signal a...
ETHUSD
@tThompson16 2000 is definitely a key level, but don't get too fixated on round numbers. There might be some resistance there, but it could easily push through. Keep an eye on the RSI – if it starts g...
EURUSD
Right, weekend's here, time to plan for Monday. I'm thinking of setting up some limit orders around the 1.1770 area, just below S1. If it dips there, I'll aim for a TP around 1.1820. SL will be pretty...
EURUSD
@ajoshi602, interesting points on the 200-SMA and R1. I agree that 1.184 could be key, but I'm also watching that 50 SMA at 1.17743 as a possible support. If EURUSD breaks below that, we might see it ...
EURUSD
Anyone else worried about a potential gap opening on Monday? With the markets closed over the weekend, news could easily cause a big move.
USDJPY
USDJPY is looking pretty bullish to me, but I'm a bit cautious with the 200 SMA hanging around 154.256. I'm thinking it might be a good idea to wait for a clear break above that level before adding to...
USDJPY
Hey @kaylaperez11, I totally get what you mean about USDJPY feeling indecisive. That consolidation around 157.70 you mentioned... well, we're a bit below that now, around 153.45, but the feeling is th...

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