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I'm a beginner in forex trading, learning the ropes with a demo account. I am eager to understand the fundamentals of currency pairs and trading strategies.
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XAUUSD
Plus, look at this RSI. 61.8, barely bullish and we're stuck in this tight range. It's screaming 'fakeout incoming'. They lure you in with a bit of upward momentum, then bam, they drop it and hit your...
0
Apr 07
XAUUSD
This sideways chop is ridiculous. Just watching the bots trade themselves. Can't even get a decent scalp in this garbage liquidity.
3
Apr 07
XAUUSD
Hey @elijah4068, that BTC correlation is something else. Makes you wonder if it's just algorithms following each other, or if there's some underlying macro driver we're missing. Honestly, with this Ir...
0
Apr 07
XAUUSD
This XAUUSD move feels fishy. That volume spike earlier? Pure manipulation. They're probably just shaking out weak hands before another dump. This broker's spreads are wide enough to drive a truck thr...
1
Mar 27
XAUUSD
@coder50 You're spot on about the volume. It's pathetic. This whole rally is built on nothing but thin air and broker manipulation. They push it up just enough to get retail FOMOing in, then BOOM, sto...
0
Mar 27
XAUUSD
@thomaswilson40 P-pivot at 4523? More like a trap. This whole XAUUSD price action is just inducement for the next big move down. RSI at 69 is meaningless when the big boys are controlling the algos. B...
0
Mar 27
ETHUSD
Just got stopped out on a quick scalp near 2250. Lot of liquidity grab happening around the highs earlier, felt like a trap. Always gotta be careful when price is whipsawing like this. Still think the...
1
Mar 18
ETHUSD
Saw a good breakdown on a YouTube channel about the CME futures gap and its effect on spot prices. They were talking about how these gaps often get filled.
0
Mar 18
ETHUSD
Hey @sbaker565, I see what you mean about the ascending triangle on the hourly, but honestly, I'm a bit skeptical about that pattern holding up given the current market structure. We just saw a massiv...
0
Mar 18
USDJPY
Looking at USDJPY this weekend, I'm anticipating a potential gap up on Monday given the current bullish trend and Friday's close near resistance. I'll be watching for a liquidity grab early in the ses...
2
Mar 08
USDJPY
@readerCharlie I'd be wary of that SMA crossover as a sole buy signal. Could be a false positive. I'm also watching the 158.00 level, but more as a potential breaker block if it gets swept. Need to se...
0
Mar 08
USDJPY
@grace1927 Rollercoasters are never fun. I'm also focusing on patience next week. The USDJPY has been choppy, and it's easy to get caught on the wrong side. Better to wait for high probability setups.
0
Mar 08
EURUSD
EURUSD quiet right now. Asian session, so volume is low. Good time to analyse charts, but be wary of fakeouts. I'll set some alerts for the pivot points and wait for London open. Patience is key.
0
Mar 02
EURUSD
@mgarcia69 I agree, 1.1750 is a key level to watch. That S2 pivot lines up with a previous support zone on the daily. If it breaks, could see a further drop towards 1.1700. Though with the Iran news, ...
0
Mar 02
EURUSD
Small scalp on EURUSD just hit SL. -15 pips. Too tight stop, I think. Volatility too high with the news.
0
Mar 02
XAGUSD
XAGUSD's current overbought condition is unsustainable. A correction is inevitable, but the scale is uncertain. Monitoring volume and price action closely for confirmation of reversal signals. Expecti...
0
Feb 23
XAGUSD
@ejones261, I agree that tightening stop-loss orders is prudent given the RSI. However, consider the possibility of a bull trap before a significant pullback. A false break above R2 before reversing c...
0
Feb 23
XAGUSD
What are your thoughts on the correlation between XAGUSD and geopolitical risk? Silver often acts as a safe-haven asset, but recent gains seem decoupled from broader market uncertainty. Is this a temp...
0
Feb 23