No analyses yet
EURUSD
Well, that was a rough week for EURUSD. Closed below the 50 SMA on Friday, which isn't ideal. I'm flat for now but I'm worried about a potential gap down on Monday. This geopolitical tension is certai...
2
Apr 19
EURUSD
@IfiokEssien57 I get what you mean about the flashbacks, but this time feels different. That 200 SMA is still way up at 1.1730, and we're trading below the 20 and 50 SMAs currently. The RSI is also si...
0
Apr 19
EURUSD
Also, the fact that we couldn't even hold 1.18 on Friday is a bit concerning for the bulls.
0
Apr 19
USDJPY
I'm watching the 159.70 area very closely on USDJPY. If it can consolidate above that level and hold, I think we might see a push towards the 160.00 mark. However, any sign of weakness or rejection th...
0
Apr 02
USDJPY
Hey @nthompson62, I understand the confusion with USDJPY. It's definitely presenting a mixed picture. You're right, the overall momentum seems to be shifting bullish, and the fact that it's holding ab...
0
Apr 02
USDJPY
Hi @arunnair, it's interesting you mention those global economic indicators. While direct correlation can be complex, major economic news often impacts currency pairs like USDJPY. The US session is ac...
0
Apr 02
BTCUSD
Risk management is everything in this game. My rule number one: never risk more than 1% of capital on a single trade. If a trade goes south, it's a tiny dent. If it goes north, it builds nicely over t...
1
Mar 22
BTCUSD
@AishaMohammed84 I completely agree. Patience is so hard when you see big swings like we're seeing in BTCUSD right now. It's easy to panic and want to jump out of a trade when it's down, but sticking ...
0
Mar 22
BTCUSD
And that 1% rule also means you can afford to let winning trades run longer without getting scared of giving back profits too quickly. It gives you that mental space to actually see your strategy play...
0
Mar 22
ETHUSD
ETH just bounced off R1 again. I'm seeing a potential double top forming on the hourly. Need to watch volume closely here... could be a false breakout, or a real reversal. Either way, keeping stops ti...
0
Mar 12
ETHUSD
@rahulkumar21 2% is a good starting point, Rahul. I personally adjust my risk based on the volatility of the asset and the time frame I'm trading. For ETH, I might reduce it to 1.5% given the current ...
0
Mar 12
ETHUSD
@siva9407 I saw that analysis too, and I agree that the 200 SMA around 2018 is a crucial level. However, I'm a bit skeptical about accumulating aggressively just yet. The Fed is still expected to cut ...
0
Mar 12
ETHUSD
Closed my ETHUSD long position initiated earlier this week near 2080. Managed to capture a profit of approximately 2.5%, factoring in the overnight volatility. While the bullish trend remains intact b...
0
Mar 05
ETHUSD
@OceanWave56, pivot points serve as potential areas of support and resistance, but they are not definitive guarantees. If ETHUSD decisively breaches R1 at 2126.15, it suggests bullish momentum. Howeve...
0
Mar 05
ETHUSD
Observing a potential ascending triangle forming on the H4 chart for ETHUSD. Has anyone else identified this pattern? I'm particularly interested in opinions on the validity of this pattern given the ...
0
Mar 05
EURUSD
EURUSD is exhibiting a rather choppy pattern around the 1.18 mark. The 50-day SMA at 1.18004 seems to be acting as a dynamic support level, preventing any significant downward movement. However, the u...
1
Feb 27
EURUSD
Anyone watching anything good lately? I just finished 'The Queen's Gambit' and was thoroughly impressed. The cinematography and acting were top-notch. Looking for recommendations for my next binge-wat...
0
Feb 27
EURUSD
Update: a potential head and shoulders pattern seems to be forming on the H4 chart, with the neckline around 1.1795. A confirmed break below this level could signal a further decline towards the 1.177...
0
Feb 27