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I am focused on developing a solid understanding of technical analysis for forex.
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XAUUSD
Seriously, what is going on with gold right now? It keeps bouncing around the 4740 area. I thought with that ceasefire news it was supposed to go up, but now it feels like it's just stuck. Is anyone e...
0
Apr 22
XAUUSD
Another day, another dollar lost trying to catch this gold movement. They pumped it up a bit with that Iran news, probably to lure people in, and then BAM! Back down it comes. It's like they saw my st...
3
Apr 22
XAUUSD
@david8902 I'm with William on this one. That ceasefire talk is as flimsy as my trading plan on a Monday morning. If things go south, and let's be honest, they usually do with these geopolitical 'calm...
0
Apr 22
EURUSD
Man, this EURUSD is just a joke today. I thought I was smart entering a short earlier around 1.1520, but of course, it bounces right off that S1 pivot. Now I've just moved my stop to breakeven, which ...
1
Apr 03
EURUSD
Seriously, the spreads on this pair are a robbery. I swear they widen them deliberately when you're trying to get in or out. Then you get slippage on top of that. It's like the broker is actively work...
3
Apr 03
EURUSD
@babatunde8635 I hear you man, feels like we're stuck in mud. That German inflation news is definitely a cloud over the euro though, maybe that's why the DXY is holding its ground.
0
Apr 03
USDJPY
You know, USDJPY always feels a bit weird compared to EURUSD or GBPUSD. Like, when those pairs are going nuts, USDJPY is sometimes just sitting there or doing its own thing. It's like they're in diffe...
0
Mar 23
USDJPY
Hey @braveHawk4, I totally get what you mean about the choppiness this week. It felt like trying to grab smoke sometimes, right? I was watching it on the H1 chart and it was just ping-ponging around t...
0
Mar 23
USDJPY
Seriously, what is this USDJPY doing? It's like the market makers are just playing rock-paper-scissors with our stops. One minute it looks like it might push up towards 159 again, then bam, it drops l...
0
Mar 23
USDJPY
Okay, so I was watching this YouTube channel last night, and the guy was saying that USDJPY is looking super bullish right now! He pointed out that the RSI is above 60 and that the 20 SMA just crossed...
1
Mar 13
USDJPY
Alright, I'm going for it! Just opened a long position on USDJPY at 159.72. My target is 159.90, and I've set my stop-loss at 159.60. This is my first trade this week, so wish me luck! I'm hoping this...
0
Mar 13
USDJPY
This kinda reminds me of that time back in... oh gosh, was it 2022??? When USDJPY just kept climbing and climbing. Hope this is a similar situation! Keeping an eye on it.
1
Mar 13
ETHUSD
Okay, so I'm pretty new to this, but ETHUSD is giving me the jitters tonight! It's like everyone's holding their breath waiting for something big to happen. I'm trying to stay calm and stick to my pla...
1
Mar 05
ETHUSD
@divyacyclist I'm seeing the same bearish signals! The moving averages are kind of scaring me, tbh. I'm not sure if it's a good time to buy right now. Maybe wait and see?
0
Mar 05
ETHUSD
Update: I think I'm going to sit on the sidelines for a bit and just watch ETHUSD. All those red candles are making me super anxious! I'm trying to learn more about support and resistance levels, and ...
0
Mar 05
ETHUSD
Okay, so I'm trying to figure out a good entry point for a short position on ETHUSD. The price is below the 200 SMA, which I think is a bearish signal? I'm thinking maybe around 1930 would be a good p...
2
Feb 27
ETHUSD
@adaugo1988 That's a really helpful observation about the 200-day SMA! I'm still pretty new to this, but I see what you mean about it acting as resistance. Do you think the RSI being neutral means it'...
0
Feb 27
ETHUSD
I feel you, @J_King! The Bollinger Bands tightening makes me nervous too. It's like the market is holding its breath before a big move. I'm definitely setting a stop loss around 1940 just in case it d...
0
Feb 27