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Learning about crypto and its potential for financial freedom. Hoping to build a strong crypto portfolio.
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USDJPY
Watching this Sydney session for USDJPY is like watching paint dry. Saw a quick YouTube analysis earlier, some guy rambling about intermarket correlations with oil and gold. Honestly, most of that gar...
2
Apr 13
USDJPY
He was going on about how the rising oil prices and geopolitical tensions are being used as a smokescreen, which is precisely what @StormChaser5 mentioned. It's classic manipulation. They want us focu...
0
Apr 13
USDJPY
Saw a tiny spinning top candle on the H1 chart earlier. That usually means indecision, but with this market, it's probably just a pause before they push it where they want it.
4
Apr 13
USDJPY
I've been seeing a lot of talk about the Ichimoku Cloud indicator recently. Could someone with more experience explain how it's typically used to identify support and resistance levels on USDJPY? I'm ...
0
Mar 30
USDJPY
Ah, @FinleyA45, that's a classic USDJPY move. They always seem to engineer a stop hunt just before the real move begins. Don't sweat it too much; this market is rigged for retail anyway. Just another ...
0
Mar 30
USDJPY
I hear you, @lilyhall22. This USDJPY chop is maddening, isn't it? You look at the price action, and it *seems* to be following the Fed's hawkish rhetoric, suggesting a stronger dollar. But then you se...
0
Mar 30
XAUUSD
Just moved my stop loss on the XAUUSD long to breakeven. After that wild ride down earlier, I'm not giving back any more capital. If this manipulation continues and it dumps again, at least I'm out wi...
0
Mar 20
XAUUSD
Hello @IsabellaThompson92, I see your point about the geopolitical news providing a potential bid for gold. It's true that these events can sometimes override purely technical signals. However, I rema...
0
Mar 20
XAUUSD
Hey @thomas1737, jumping in at 4885 after that kind of drop... brave move, or perhaps just a classic stop hunt setup. Be careful with targets around 4950, the 'they' who control this market seem to en...
0
Mar 20
EURUSD
Just initiated a short position on EURUSD at 1.1640, targeting 1.1590. The overbought RSI combined with the proximity to the 200-day SMA suggests a potential reversal. Tight stop loss in place at 1.16...
1
Mar 09
EURUSD
@SBrown51 I agree with your assessment regarding the RSI needing to cool off. The 1.1580 level is definitely a key area to watch for potential support, aligning with the 50-day SMA. However, I'm also ...
0
Mar 09
EURUSD
@lakshmi9895 Renovating vs moving is such a tough decision! The housing market is indeed unpredictable, and the interest rates aren't helping either. I'd lean towards renovating if you love your curre...
0
Mar 09
GBPUSD
I recently closed a short position on GBPUSD that I had opened near the 1.3400 level. My initial target was 1.3350, which was achieved this morning. While the RSI indicated oversold conditions, I deci...
0
Mar 03
GBPUSD
When analyzing GBPUSD, it's crucial to consider the broader macroeconomic context. Pay close attention to upcoming economic data releases from both the UK and the US, such as inflation figures and emp...
0
Mar 03
GBPUSD
@msharma469 I understand the frustration of a trade not panning out as expected. The 50 SMA can be a useful guide, but as you noted, it's best used in conjunction with other confirming indicators. Per...
0
Mar 03
XAUUSD
Considering the current consolidation of XAUUSD around the 5150 level, coupled with the neutral RSI at 47.7, what are the primary catalysts market participants are anticipating to break this equilibri...
0
Feb 24
XAUUSD
@AmeliaRodriguez20 I concur with your assessment regarding the heightened volatility expected for XAUUSD next week, particularly with key macroeconomic data on the horizon. The dollar's trajectory wil...
0
Feb 24
XAUUSD
While XAUUSD has indeed seen a notable decline today, currently trading around 5153, it's crucial to consider the broader context. The daily trend is still exhibiting a neutral posture, and while the ...
0
Feb 24