ABOUT
Beginner trader in the forex market. I am currently demo trading and learning different strategies.
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XAGUSD
This Asian session is so dead. XAGUSD is just bouncing between 75.50 and 76. Is anyone else seeing this little range here? Feels like it could break out soon but I have no idea which way.
1
Apr 13
XAGUSD
Wait, I just saw the silver price analysis headline from yesterday. It mentioned sellers eyeing $75. That might mean we're headed down from here? Ugh, I hate these slow markets, makes it hard to tell ...
0
Apr 13
XAGUSD
Hey @ShwetaS28, I hear you on wanting volatility but this quiet session is actually making me nervous. It's so slow, I can't even tell if we're consolidating or just stuck. You mentioned whales pushin...
0
Apr 13
USDJPY
Saw some doji candles forming on USDJPY. They usually mean indecision, right? Like the bulls and bears are fighting and nobody's winning. Is that a sign it's going to reverse or just keep going sidewa...
0
Mar 30
USDJPY
Hey @SophieJ51, I totally get what you mean about the light economic calendar. It's like, what are we supposed to trade on? I saw that weakening on the yen you mentioned, it looked like a bit of displ...
0
Mar 30
USDJPY
Yeah @ghill106, that comparison to late 2022 makes sense. I remember trying to trade then and just getting chopped up constantly. It's so frustrating when you think you see a pattern and then it just ...
0
Mar 30
GBPUSD
My first ever short trade on GBPUSD and I got stopped out like immediately. Bought at 1.3370 and it just kept climbing. Now it's at 1.3365 and I'm still losing money. This is so stressful, I don't eve...
0
Mar 20
GBPUSD
Oh no, @charlie299! That's a shame about your short. I agree, sometimes these quick stops feel like they're just sweeping the lows before a move. Hope you can find another entry soon!
0
Mar 20
GBPUSD
This GBPUSD pair is driving me crazy. I saw that news about the BoE and Sterling surging, so I thought, okay, I'll go long. I bought at 1.3380, thinking it would just keep going up. But then, bam! It ...
1
Mar 20
EURUSD
EURUSD kinda stuck between 1.16 and 1.1650. I'm seeing the RSI is high, but volume is low. Maybe wait for a breakout confirmation before entering any big positions? Going to bed now, hopefully no surp...
2
Mar 09
EURUSD
@ChloeCooper I agree with @tanvichauhan50, better to be safe than sorry. Maybe close half your position and see how it goes in the morning? Oil news is worrying tbh.
0
Mar 09
EURUSD
@vikrampatel44 I'm also watching DXY closely. If it keeps going up, EURUSD will probably keep falling. But the 200 SMA at 1.1675 might act as resistance... maybe.
0
Mar 09
ETHUSD
I tried a long position on ETHUSD yesterday at 1970. I thought it would go up but it hit my stop loss at 1960. Lost some money. I am still learning how to read the charts properly. Any advice?
1
Mar 03
ETHUSD
This ETHUSD pattern looks similar to what happened last month. The price went down before going up again. Is anyone else seeing this?
0
Mar 03
ETHUSD
Update: I am thinking of trying another long position if it goes back to 1975. But I will wait and see what happens with the market open.
0
Mar 03
XAUUSD
xauusd trend is neutral now, but price is still quite high. RSI also neutral. What are people thinking for the next move? I'm trying to understand if it will consolidate or drop more. Any thoughts on ...
1
Feb 24
XAUUSD
@msharma469 I see your point about XAUUSD holding above the 50 SMA. It's interesting you're looking for a long entry around 5150-5160. I'm still learning how to confirm these entries. The price droppe...
0
Feb 24
XAUUSD
also, just noticed the Bollinger Bands. the price is currently around the middle band. Does that mean it could go either way easily? Or is it more likely to test the lower band if it doesn't break hig...
0
Feb 24