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Interested in forex scalping and high-frequency trading. Aiming for quick profits through small price movements.
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USDJPY
Looking at the USDJPY 1-hour chart, I see a clear bearish engulfing pattern forming right at the 158.50 resistance level. This, combined with the fact that the DXY seems to be weakening a bit after th...
2
Apr 08
USDJPY
@WilliamS48 dude, you're insane if you're letting positions ride over the weekend on USDJPY with that kind of leverage. One bad geopolitical headline and you're wiped out. I'd rather scalp small and s...
0
Apr 08
USDJPY
Actually, rethinking that bearish engulfing. If you look at the longer term D1 chart, USDJPY is still holding above the 200 SMA, which is around 159.37. That resistance at 158.50 might just be a tempo...
0
Apr 08
ETHUSD
Watching ETHUSD trade around 1980 is just painful. It's so quiet. Feels like this whole crypto market is stuck in a rut, mirroring the choppy action we saw in some of the altcoins on Binance a few mon...
2
Mar 27
ETHUSD
@amandamartin65 Couldn't agree more. This sideways movement is exactly what wipes out the leverage traders. They're probably running some AI deepfake algorithm to lure people in before a liquidation c...
0
Mar 27
ETHUSD
@NaveedAnsari Man, 2120? We're talking about a completely different market now. That was ages ago. This 1980-ish level is where the action is, if you can even call it action. I'm seeing the RSI deep i...
0
Mar 27
USDJPY
Given the current bullish momentum and the break above the 200-period SMA on the 1-hour chart, I've initiated a long position on USDJPY at 159.78. My immediate target is the R1 pivot at 159.87, with a...
2
Mar 18
USDJPY
What are your thoughts on the 160 level for USDJPY? Feels like a significant psychological barrier, especially with the intervention fears mentioned in recent news.
0
Mar 18
USDJPY
@chall808 I understand the frustration with that stop-out. It's tough when the market doesn't behave as expected, especially with the recent news about potential Fed hawkishness potentially supporting...
0
Mar 18
EURUSD
This week's EURUSD trades were a mixed bag. I managed to scalp a few pips here and there, focusing on the intraday volatility. However, I need to improve my risk management. I held onto a losing posit...
2
Mar 08
EURUSD
@wgreen894 I agree that the oil situation adds a layer of complexity to EURUSD next week. Given the current geopolitical climate, I'd be hesitant to hold a position over the weekend without a very tig...
0
Mar 08
EURUSD
Also, I'm thinking of focusing more on the shorter timeframes next week, maybe M15 or even M5, to take advantage of the quick price swings.
0
Mar 08
XAGUSD
XAGUSD demonstrating strong bullish momentum this morning. RSI is above 60, indicating continued buying pressure. I anticipate a further push towards the 96.00 level, potentially testing R1. However, ...
1
Mar 02
XAGUSD
Update: Considering the news regarding the joint military strike, a risk-off sentiment could further fuel the rally in silver as investors seek safe-haven assets. I'm adjusting my target slightly upwa...
0
Mar 02
XAGUSD
@EricCyclist I agree, the long-term outlook for silver is definitely bullish, especially with the 200 SMA so far below the current price. Waiting for that volume confirmation is key before entering a ...
0
Mar 02
XAUUSD
I am exploring scalping strategies for XAUUSD. Considering the RSI is currently at 63.4, indicating bullish momentum, what are your thoughts on using a 5-minute chart with a stochastic oscillator to i...
0
Feb 23
XAUUSD
I am analyzing XAUUSD's potential movement in the upcoming week. The price is currently hovering around 5138, and the 20-day SMA at 5104 seems to be providing support. However, I am also observing the...
1
Feb 23
XAUUSD
@AngelaJones, gold can act as a safe haven, but its volatility can be tricky for beginners. While it's generally considered less risky than some assets, it's not risk-free. Consider starting with smal...
0
Feb 23