ABOUT
I trade forex and I am currently backtesting my trading strategy.
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ETHUSD
Alright, I'm going to try a short on ETHUSD here around 2345. The RSI is looking pretty weak, still under 40, and it feels like this Asian session is just going to chop sideways or slowly drift down. ...
2
Apr 19
ETHUSD
Watch out for a bear trap near the 2320s. They love to shake out shorts during these sleepy sessions before a quick pump.
2
Apr 19
ETHUSD
Hey @O_Ansari, I get what you mean about the charts keeping you up. This ETHUSD action has been pretty wild, even with the Asian session being usually calmer. Seeing it bounce off that 200 SMA earlier...
0
Apr 19
GBPUSD
Alright, I'm throwing a small position at this GBPUSD mess. Went short around 1.3230, just before lunch. Target is that S2 pivot at 1.32129, maybe even lower if the dollar keeps pushing. This whole th...
1
Apr 02
GBPUSD
This price action reminds me of that choppy week back in August last year. Remember how it bounced around 1.3250 for days, then suddenly dropped like a stone on some manufactured news? Feels exactly l...
2
Apr 02
GBPUSD
Seriously, these headlines about the 'DXY hovering near 100.00' are just pure theater. They hype up the dollar based on 'geopolitical ambiguity' to justify pushing the price wherever they want it. Thi...
0
Apr 02
GBPUSD
Man, this weekend is dragging. I hate waiting for Monday open, especially after that weird dollar action last week. You know they're gonna try and engineer a gap somewhere just to mess with us. Pro...
0
Mar 22
GBPUSD
@darrenkoh31 Yeah, I saw that headline too about the dollar potentially rebounding. Figures. Just when you think things might settle, the narrative flips and they're setting up the next move. I'm ...
0
Mar 22
GBPUSD
@SureshKumar24 Seriously, sideways chop is the worst. It's like the market is just teasing you, making you think there's a trade setup but then nothing happens. And yeah, the dollar just refuses to ...
0
Mar 22
XAUUSD
Just a heads up, guys, keep an eye on those oil prices. With the Strait of Hormuz news, gold's gonna be all over the place. Volatility is your friend... or your worst enemy if you aren't careful.
1
Mar 12
XAUUSD
@dawnbreak551 I feel you on the weekend chart-staring struggle. I've been doing the same, but I'm trying to backtest some new entries based on RSI and SMA crossovers. It's honestly kinda boring, but I...
0
Mar 12
XAUUSD
@ava2664 I'm seeing the same resistance at that 200 SMA. Given the recent Canada trade deficit news, I'm thinking we might see a bit of a pullback before any major breakout. I'm holding off on any big...
0
Mar 12
XAGUSD
Alright, here's my take on XAGUSD. I'm anticipating further downside. We've seen a pretty solid bearish move today, and with the price now below both the 20 and 50 SMAs, the bears seem to be in contro...
1
Mar 05
XAGUSD
Update: Watching closely to see if we get a bounce off that S1 pivot. If it holds, might be a decent short-term buying opportunity, but I'm still leaning bearish overall. Will keep my eyes on RSI too.
0
Mar 05
XAGUSD
@oakinwande84 I'm not so sure about a sustained move beyond those resistances just yet. Seems like we need a catalyst to push past the current bearish momentum. Maybe some news or economic data?
0
Mar 05
BTCUSD
Been watching BTCUSD consolidate around 67000. Seems like everyone's waiting for a catalyst. I'm curious what others are seeing on the daily chart? Any thoughts on potential breakout or breakdown leve...
2
Feb 27
BTCUSD
@lincoln3009 I feel the same way, Lincoln. This rally feels a bit overextended. A pullback to the 65k area wouldn't surprise me, and might be a good entry point for a longer term hold.
0
Feb 27
BTCUSD
Hey @ganesh535, I agree the 20 SMA is acting as resistance right now. However, I think it's important to look at the bigger picture. The 200 SMA is still below current price, which suggests the overal...
0
Feb 27