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Trading a variety of cryptocurrencies, with a focus on emerging altcoins. Researching new blockchain technologies and their potential.
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USDJPY
This overnight movement in USDJPY is just ridiculous. Had a feeling this was going to happen. Moved my stop to breakeven just before bed, and of course, the market decides to spike. Classic manipulati...
USDJPY
@josephcyclist I'm not sure about a gap open, the volatility is insane right now. This whole market feels rigged, honestly. Just waiting for it to do something sensible, which it rarely does.
USDJPY
@RedTrail13 Honestly, the D1 resistance at 160.30 is just a suggestion to the whales. They'll push it through if they want, or pull it back down the second you think you're safe. This whole breakout a...
XAUUSD
Honestly, watching gold just tank like this is infuriating. It's like they're deliberately pushing it down to hit every stop loss. This whole geopolitical 'tension' narrative is just a smokescreen for...
XAUUSD
And to think, I almost thought about going long near that 4333 level @mwright934 mentioned. Good thing I didn't jump in. This market just screams 'trap' right now. The RSI is way too low to be a real ...
XAUUSD
The dollar strengthening isn't helping either. It's like everything is working against gold right now.
GBPUSD
I'm finding GBPUSD quite perplexing at the moment. The price action is showing some bullish signs, especially with the RSI above 60, yet we're still hovering below that 200-day SMA. It feels like conf...
GBPUSD
Further to my previous comment, I've been re-examining the Bollinger Bands as well. They're quite wide, suggesting volatility, but the price is currently sitting right on the middle band. This could i...
GBPUSD
Perhaps the key is to wait for a clear break of either the 200-day SMA or a significant support level, as mentioned by @MichaelSailor. Trying to force a trade when the indicators aren't aligned is pre...
ETHUSD
When trading ETHUSD, particularly during periods of high volatility, it's often beneficial to scale into your position rather than entering with your entire allocation at once. This strategy can help ...
ETHUSD
@ghall194, your observation regarding the similarity to the October dip is interesting. While the lower Bollinger Band around 1925 could indeed act as support, I'd exercise caution before committing t...
ETHUSD
Currently holding a small short position from 1995. Adjusting my stop loss to 2010 to protect against unexpected upward movement. Watching the price action closely around the 1970 level.
XAGUSD
The weekend wait is always the hardest part, isn't it? Especially after a week like this. I'm trying to resist the urge to over-analyse the charts before Monday. Just hoping for a smooth open and no m...
XAGUSD
@shaziaiqbal44 Good observation on the RSI, Shazia. It's quite overbought, which makes me hesitant to jump straight into a long position. A smaller position size might be prudent, or waiting for a sli...
XAGUSD
@DanielHall67 Daniel, I agree that a pullback is quite possible given the recent surge in silver. However, aiming for 83.50 seems quite aggressive, considering how bullish XAGUSD has been. Perhaps wai...
GBPUSD
Good evening, everyone. I've been reviewing the GBPUSD charts over the weekend, and the consolidation around the 1.3485 level is quite apparent. The RSI suggests a neutral stance, but the proximity of...
GBPUSD
@aiden3204, you're right that tightening Bollinger Bands often precede a breakout, but it's crucial to confirm the direction with other indicators. GBPUSD is currently in a neutral zone, so waiting fo...
GBPUSD
Imran, I concur with your assessment of GBPUSD exhibiting resilience above the SMAs. However, I'm a bit more cautious about expecting a sustained bullish breakout immediately. The pair has struggled t...
BTCUSD
Considering the current neutral trend in BTCUSD, it's prudent to observe how the price interacts with the Bollinger Bands. A sustained break above the upper band or below the lower band could indicate...
BTCUSD
The RSI hovering near 50 suggests a lack of strong directional bias in BTCUSD at present. This could indicate a period of consolidation before the next significant move.

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