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Trading indices such as FTSE 100 and S&P 500. Understanding the macroeconomic factors driving market trends.
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EURUSD
This EURUSD range feels similar to what I saw on AUDUSD last week. Just grinding sideways, not much movement. Makes it hard to find a clear direction to trade, doesn't it?
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Apr 29
EURUSD
Hey @xtheriault592, I feel you man. This whole market feels like it's playing games. They push it down to 1.1675 or something, then it just snaps back. I'm new to this, but it seems like every time I ...
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Apr 29
EURUSD
Just opened a small short on EURUSD around 1.1680. Hoping it holds this level. My stop is just above, fingers crossed it doesn't get stopped out.
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Apr 29
USDJPY
Man, this weekend is dragging. Feels like ages until Monday morning. I'm just staring at the USDJPY chart, wondering what kind of gap we'll get open. Hopefully nothing too crazy, but you never know wi...
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Apr 05
USDJPY
So, USDJPY closed around 159.50. I'm not sure what to think for next week. The oil prices and that CPI report coming out… could that really make the Fed stop cutting rates? If they don't cut, or even ...
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Apr 05
USDJPY
@skyrunner433 I totally get you on the brokers! It's so frustrating. I saw something similar on USDJPY last week. I had a stop loss in, and it felt like the price just dipped past it for a second befo...
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Apr 05
DXY
This DXY surge today is kinda scaring me. It's up like 0.5% which feels like a lot. Is it going to keep going up, or is this just a quick pop? I didn't get into any trades yet because of the uncertain...
1
Mar 25
DXY
So, I saw that thing about the recession odds going up past 45%. That's pretty wild. When I see stuff like that, I tend to think the dollar, DXY, should be getting stronger because people run to safet...
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Mar 25
DXY
Yeah, the news about the recession odds is really making me nervous. I don't want to get caught on the wrong side of a big move. I was thinking of going long on DXY earlier, but now I'm second-guessin...
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Mar 25
GBPUSD
This oil price surge is wild. Seeing news about Brent crude hitting $100 is making me nervous about GBPUSD. If the dollar strengthens on this news, we could see cable drop hard. Might have to rethink ...
3
Mar 16
GBPUSD
Just moved my stop loss to breakeven on this GBPUSD trade. Saw it hit 1.3330 earlier and thought about closing but decided to let it run. Better safe than sorry with these overnight moves, esp with th...
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Mar 16
GBPUSD
@surferSamuel I remember a period last year, maybe around August, where GBPUSD was stuck in a similar range. It felt like it was building up for a big move but just kept churning. Then suddenly, a maj...
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Mar 16
GBPUSD
This week was a bit choppy for me with GBPUSD. I was trying to catch a breakout above 1.34 but got stopped out twice. Still learning to manage risk properly. Need to refine my strategy for next week a...
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Mar 07
GBPUSD
@thomas4587 Beef Wellington sounds impressive! I'm more of a simple cook myself. But I found a recipe online that looks pretty straightforward, might be worth a try: [link to a simple beef wellington ...
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Mar 07
GBPUSD
I agree @vijaychaudhary, the bullish momentum seems strong. I'm a beginner but I think the 200 SMA at 1.34206 might pose some resistance. Will watch closely on Monday.
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Mar 07
GBPUSD
GBPUSD closed the week pretty flat, didn't it? RSI around 49, so neutral. Thinking we might see some sideways action next week too. Maybe a small move up if it can break that 1.3484 resistance, but no...
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Mar 01
GBPUSD
Weekend chart work done. Looking at the GBPUSD pivots, S1 at 1.34724 held pretty well on Friday. If that breaks next week, we could see a move down to S2 at 1.34651. The 200 SMA is hanging around 1.35...
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Mar 01
GBPUSD
Looking at the charts, the 20 SMA and 50 SMA are pretty close. 1.34726 and 1.35052. I'm still learning about these things. Does anyone know if that means anything significant? Wondering if there's goi...
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Mar 01