ABOUT
Trading primarily in the foreign exchange market, focusing on major currency pairs. Hoping to build a passive income stream.
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EURUSD
It's just a constant battle against the machines, isn't it? You think you've got a handle on things, and then bam, the algos decide to reprice everything. This whole market is just a rigged game for r...
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Apr 06
EURUSD
I'm still trying to get my head around divergence on the MACD. When I see a bullish divergence on the H4 chart, does that automatically mean we should go long, or is it more of a confirmation for a po...
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Apr 06
EURUSD
Yeah, @wsmith182, that jobs report on Friday was something else. Felt like they specifically timed it to blow through retail accounts. I saw that dip too, and honestly, the spreads widened so much rig...
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Apr 06
GBPUSD
Just got short GBPUSD at 1.3362. Seeing the 20 SMA holding as resistance and the price hovering near the S1 pivot, this feels like a good entry for a move down towards the 200 SMA. Targeting at least ...
1
Mar 26
GBPUSD
Yeah @RubyBaker, I'm seeing that USD strength too, and it's definitely not helping us on GBPUSD. This whole oil situation and the geopolitical risks are just excuses for the big players to move the ma...
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Mar 26
GBPUSD
Alright, moved my stop loss on that GBPUSD short to breakeven at 1.3362. Can't be too careful with these choppy Asian session moves. If they try to push it back up, at least I won't lose anything. Sti...
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Mar 26
XAUUSD
Watching XAUUSD hover around the 200-period SMA on the H4 chart. It's currently sitting just below it at 5017.65. The 50-period SMA is also acting as resistance around 5021. Given the current neutral ...
2
Mar 17
XAUUSD
This price action feels a bit like a bull trap waiting to happen. We've had a few attempts to push higher, but they're getting capped around the R1 pivot at 5023.78. If we see a sharp rejection here a...
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Mar 17
XAUUSD
@HalimaUsman I completely agree about the US employment data being a major driver next week. If we see a strong non-farm payroll report, it's almost certainly going to put downward pressure on gold. T...
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Mar 17
GBPUSD
Anyone else finding it hard to switch off over the weekend? I keep checking my charts even though I know nothing's happening. Hoping for some volatility next week to give us some opportunities. Maybe ...
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Mar 07
GBPUSD
@kanderson340 I'm right there with you, staring at the charts! It's like an addiction, isn't it? A gap up would be interesting, but I'm also prepared for a potential gap down depending on any weekend ...
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Mar 07
GBPUSD
I agree @ThomasGreen, range-bound indeed. The 200 SMA is definitely a key level to watch. A breakout above that could signal a more sustained bullish move, but until then, caution is warranted.
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Mar 07
ETHUSD
ETHUSD is showing signs of bullish continuation. The price is currently above the 20 and 50 SMAs, indicating a positive trend. I anticipate a further push towards the R1 pivot point at 2009.03, potent...
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Mar 01
ETHUSD
@musicEthan, it's good you're looking at the SMAs and RSI. While being below the 200 SMA can suggest a downtrend, it's not a guaranteed sell signal. Consider the context; the price is above the 20 and...
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Mar 01
ETHUSD
That's a reasonable plan @aanderson450, but I'd suggest tightening your stop loss a bit, perhaps to 2005, to reduce risk. Also, consider the potential impact of the recent geopolitical news – it could...
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Mar 01
BTCUSD
Currently observing BTCUSD breaking above the upper Bollinger Band. RSI is showing bullish momentum, but nearing overbought territory. A potential long entry could be considered after a minor pullback...
1
Feb 21
BTCUSD
Anyone watching the Man City game last night? What a performance! Haaland is unstoppable.
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Feb 21
BTCUSD
Update: Monitoring the H4 chart, a potential bearish divergence is forming on the RSI. Could signal a short-term correction before the next leg up.
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Feb 21