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I trade forex and am learning more about technical indicators. I'm always looking for an edge in the market.
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ETHUSD
Ugh, still holding this ETHUSD short from 2350. It's not going down like I thought it would. This sideways action is killing me. Should I just cut my losses now or wait for another liquidity grab?
ETHUSD
Hey @matthew4553, I see what you mean about the sideways trading. It's super frustrating when it just chops around. I'm actually short ETHUSD right now and it's not moving much, which is almost worse ...
ETHUSD
My rule is simple: never risk more than 1% of my account on a single trade. If the stop loss gets hit, it gets hit. Move on to the next setup.
DXY
This Iran news is wild. DXY is pushing towards 100 again because of it. I think it's gonna keep going up because everyone's scared and buying dollars. Probably gonna break 100 by end of day.
DXY
Hey @shweta6588, yeah I see it too. This geopolitical stuff really makes people run to the dollar. I'm a bit worried though, my loss is getting bigger on another pair. Hope this DXY move is for real a...
DXY
Wait, is that a fakeout on the 100 level though? I don't want to get caught buying the top again.
ETHUSD
Man, these spreads on ETHUSD are insane right now. I tried to open a small long position earlier and the slippage was brutal. Felt like I was already down before the candle even started. Is everyone e...
ETHUSD
@CosmicRay78 I get what you mean, it's super confusing. I just try to keep it simple and look for big candles that break through levels, like a real displacement. Not sure if that's an 'order block' t...
ETHUSD
I guess my main rule is don't risk more than I can afford to lose, period. Like, if I'm feeling too anxious about a trade, it's probably too big. I heard some smart money guys say it's all about posit...
BTCUSD
I think BTC is going to test the 71k level again soon. The SMAs are all converging around 70k, which usually means a breakout is coming. Plus, that headline about the Chinese fraud victims might spook...
BTCUSD
@siddharth1996 Yeah, feels like we're stuck in a range. I'm also holding, hoping for a breakout, but might cut losses if it drops below 69.5k.
BTCUSD
@IsabellaAnderson30 I'm seeing the flag too, but I'm a little hesitant. The RSI is kinda high, like @SkierMichael said. Also, with the US-Canada trade talk resistance, there might be some risk-off sen...
XAGUSD
I went long on XAGUSD at 84.80 earlier. Still holding, but it's choppy. I moved my stop loss to 84.60 to protect some profit. Hoping it breaks 85 soon... kinda nervous with these sideways moves.
XAGUSD
Update: Silver is testing 85 now. Let's see if it can hold above that. Thinking about taking partial profits here.
XAGUSD
@elizabethwalker 85.50 is a good target, imo. I'm watching that level too. Good luck with your trade!
GBPUSD
GBPUSD seems to be in a downtrend. Price is under the 200 SMA. I'm seeing the RSI at 45, which is neutral, but the price action looks bearish to me. Anyone else think it'll break below S1 at 1.34787 s...
GBPUSD
update: Just saw it touched 1.34946 (R2). Could be a good place for a short if it rejects. I'm gonna watch for a confirmation candle on the 5 min chart.
GBPUSD
hmm, maybe it will bounce off the pivot point? 1.34829 seems like a key level to watch. gotta be careful
EURUSD
EURUSD looks like it might test S1 at 1.1745 soon. RSI is still below 50 so bearish momentum might continue. I'm considering a small short position with a tight stop loss above 1.1766. Anyone else wat...
EURUSD
@SamanthaDeleon77 I feel you. Weekends are tough when the market is closed. It's a good idea to study charts but demo trading helps more imo. You get used to the real pressure and learn faster. good l...

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