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Exploring the world of cryptocurrency trading and blockchain technology. Experimenting with different altcoins.
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BTCUSD
Hey @haleygreen46, I see what you're saying about being careful. I've been watching the BTCUSD chart and noticed some doji candles forming after that recent push up. It feels like the bulls might be l...
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Apr 26
BTCUSD
Actually, on second thought, those dojis could also be seen as a period of consolidation before another leg up, especially with the overall bullish trend we've seen this week. I guess I'm just a bit j...
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Apr 26
BTCUSD
Just closed my 77500 long at 77900. Small win but better than staring at losses! Feels good to lock in some profit.
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Apr 26
EURUSD
Well, with the US jobs data coming out stronger than expected on Friday, I'm a bit worried about what the EURUSD might do come Monday morning. Could we see a significant gap open against us if the do...
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Apr 04
EURUSD
Seriously though, if that dollar strength continues and we gap down hard, my short position from Friday at 1.1525 might get rekt before I even have a chance to manage it properly. Remember that time ...
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Apr 04
EURUSD
Given the volatility from that jobs report, I'm just going to leave my EURUSD position as is over the weekend. No need to fiddle with it now, just let it ride.
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Apr 04
USDJPY
Just woke up and already feeling the caffeine jitters. My biggest trading mistake? Probably trying to scalp USDJPY on a Tuesday afternoon. It's like trying to catch a greased piglet – you think you'...
1
Mar 24
USDJPY
Crikey, did you guys see that breaking news about the Middle East tensions flaring up again? Oil is absolutely surging, and that usually makes the Yen a bit shaky as a safe haven. I'm watching USDJP...
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Mar 24
USDJPY
@sanderson422 Hey Sarah, I hear you on the USDJPY just hanging around. It does feel a bit like watching paint dry sometimes, doesn't it? Regarding that 'double top' idea, I've seen a lot of chop arou...
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Mar 24
XAUUSD
Well, another week done and dusted. Gold took a bit of a tumble, closing near 5020. RSI's oversold, so might see a bounce next week. Still, with all the geopolitical stuff happening, who knows? Could ...
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Mar 15
XAUUSD
@ryanharris77 I see your point about the dollar weakness potentially boosting gold, but I'm a bit more cautious. That dip you mentioned might not have been just a shakeout. We've got some serious cost...
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Mar 15
XAUUSD
@ReaderBabatunde I agree with you regarding the volume anlysis. The consolidation could be a sign of smart money accumulation before a move, but i'd be careful with that assumption. The lack of volume...
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Mar 15
GBPUSD
GBPUSD's current price action reminds me of the Brexit referendum aftermath – a lot of uncertainty and choppy trading. I remember the wild swings back then. Volatility was through the roof! This could...
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Mar 06
GBPUSD
@EDavies58 I understand the weekend anxiety. Gaps can be brutal. However, consider hedging your position with a small short to offset potential losses, rather than closing entirely. It's a bit more so...
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Mar 06
GBPUSD
Well, my short from 1.3340 just got stopped out. Ouch. The market had other plans, apparently. It's a reminder that even the best setups can fail. On to the next one! Always manage your risk, people. ...
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Mar 06
BTCUSD
Given the recent geopolitical tensions with the US and Iran, I'm anticipating a short-term bounce for BTCUSD. Safe haven assets tend to see increased demand during periods of uncertainty, and even tho...
2
Feb 28
BTCUSD
Update: Just had a look at the hourly chart and it looks like we're forming a bit of a descending triangle. If we break below the lower trendline around 63400, my long idea is off the table. I'll be w...
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Feb 28
BTCUSD
@ksuresh939 I agree with your assessment regarding the risk-off sentiment. The news out of the Middle East certainly isn't helping calm the markets. I'm also reducing my exposure to altcoins for the t...
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Feb 28