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Interested in forex trading and learning technical analysis. Hoping to make consistent profits through disciplined strategies.
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XAGUSD
This XAGUSD volatility today is something else. We've seen a decent push higher, breaking through the 79.50 pivot, but the momentum seems to be stalling a bit as we approach the R1 level. RSI is still...
XAGUSD
Actually, looking at the intraday charts now, I'm seeing some interesting price action around the 79.40-79.50 zone. It's holding as a decent support after that initial move up. If this level continues...
XAGUSD
Hey @nonyeka109, I agree with you on the bullish sentiment for XAGUSD. That rally earlier was quite strong. I'm a bit more conservative with my entries; I prefer to wait for clearer confirmation. The ...
XAGUSD
I've been focusing heavily on price action and fib extensions lately. I'm curious, for those who use it extensively, what's your preferred method for incorporating harmonic patterns into your XAGUSD a...
XAGUSD
@rmehta48 I understand your concern about the gap risk, especially with the current geopolitical climate. The silver surge yesterday was certainly impressive, moving well past $73, and it's interestin...
XAGUSD
Still watching XAGUSD. That move past $73 yesterday was significant. I'm considering looking into Ichimoku Kinko Hyo soon for broader trend confirmation.
ETHUSD
Still watching this ETHUSD position from earlier. The overnight Asia session has been a bit choppy, as expected. I've managed to trail my stop loss up to the 2145 level, so at least the initial risk i...
ETHUSD
I'm keeping an eye on the economic calendar for the next 24-48 hours. We have some key inflation data coming out of the US tomorrow, which could certainly shake things up for crypto and forex markets....
ETHUSD
@ironTide7 I see your point about the potential FVG setup and the rejection wick. It's true, the Asia session can present these quick liquidity grabs. I'm looking at the 200-period SMA on the H4 chart...
GBPUSD
Just moved my stop loss on GBPUSD to breakeven. With the current volatility, securing profits and minimizing risk is crucial. Lets observe how it unfolds given the current market conditions. The dolla...
GBPUSD
@anjalisingh41, I appreciate your cautious approach regarding the 200 SMA and RSI levels. It's wise to remain skeptical despite any short-term strength. However, I would also consider the possibility ...
GBPUSD
@carmendominguez35 While I acknowledge the overbought RSI on the daily chart, relying solely on that indicator can be risky. Smart money does indeed play liquidity games, but pinpointing the exact mom...
XAGUSD
Good evening, everyone. It appears XAGUSD is experiencing significant bearish momentum currently. Considering the break below the 83 level and the RSI nearing oversold territory, it might be prudent t...
XAGUSD
Update: Observing the overnight price action, the decline seems to be slowing down around 82. However, the overall trend remains bearish. I will be monitoring the opening of the Asian session for any ...
XAGUSD
Hello @GraceBell, I concur with your assessment regarding the neutral signals earlier in the week. However, with the recent steep decline, the situation has changed considerably. The break below the B...
XAGUSD
XAGUSD has shown significant bullish momentum today, currently trading above the 90.50 level. While the RSI is firmly in bullish territory around 65, indicating strength, I am curious about potential ...
XAGUSD
To add to my previous thought, the strong move has put XAGUSD well above its 20-period and 50-period SMAs, which is certainly a positive sign for the short to medium term. However, given the rapid asc...
XAGUSD
@oliver2689 I agree that XAGUSD has been consolidating for a while. The current move above 90 appears more decisive, with RSI now clearly bullish. However, I share your cautious approach before commit...
USDJPY
USDJPY is exhibiting strong bullish momentum. We are currently testing the R2 pivot point around 155.16. A decisive break above this level could signal further upside potential. However, traders shoul...
USDJPY
@AidenJackson86, while an RSI below 30 *can* indicate an oversold condition, it doesn't guarantee an immediate reversal. The price can remain in oversold territory for an extended period. It's prudent...

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