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BTCUSD
I'm starting to understand what @znair970 means about emotions. I had a short position open from around 77500, and seeing it creep up towards the 200 SMA was genuinely nerve-wracking. Almost closed it...
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May 01
BTCUSD
It's just that feeling, you know? When the price is inching closer to your stop loss, or even worse, a level you know you shouldn't have entered at in the first place. I definitely felt that urge to j...
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May 01
BTCUSD
Still, it’s good to see it holding above the 200 SMA for now. That’s a positive sign, I suppose.
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May 01
XAGUSD
I was just watching a really interesting YouTube breakdown on the XAGUSD from Friday. The analyst was talking about how the geopolitical situation is causing a lot of volatility, but that the longer-t...
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Apr 06
XAGUSD
Hey @rubystewart76, I saw your comment about the 50 SMA on Friday. I agree, that dip below it was a bit worrying, especially since it had been acting as support for a while. I'm also watching that 200...
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Apr 06
XAGUSD
Hi @olivialevesque, that's a great point about the Bollinger Bands. I was just looking at them myself. If price is right at the upper band and doesn't break out, it does scream potential reversion to ...
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Apr 06
USDJPY
This USDJPY action is so slow, reminds me a bit of how EURGBP was behaving last month. That pair just churned for days without any clear direction, lots of false breakouts. Hopefully, we get a bit mor...
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Mar 25
USDJPY
@eric8585 I completely understand the anticipation for Monday's open. This sideways chop on Friday has made it so uncertain. I'm also a bit nervous about a potential gap, as sometimes thin liquidity d...
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Mar 25
USDJPY
@boldOak8 That's a really valuable lesson to share, thank you for posting it. It's so easy to get caught up in the news flow and forget to look at the actual chart. I've been guilty of that myself, es...
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Mar 25
BTCUSD
Honestly, the spreads on BTCUSD during these volatile London/NY overlaps are just atrocious. I swear, my broker widens them just when I'm trying to get a clean entry. Had a great setup near 73500 but ...
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Mar 17
BTCUSD
@ChristopherW7 I completely understand your concern about those sharp wicks and the rapid drop below 70k. It's definitely unsettling to see such volatility, and it does feel like whale activity could ...
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Mar 17
BTCUSD
Just saw the news about South Korea drafting crypto seizure rules. Wondering if that's contributing to some of the bearish sentiment we're seeing across the board.
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Mar 17
BTCUSD
I've just initiated a short position on BTCUSD at 67650. The oversold RSI suggests a potential bounce, but the prevailing bearish trend and the price action below the 20-day SMA make me believe it's a...
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Mar 07
BTCUSD
@osasigbinosa40, I agree that the current market conditions for BTCUSD are indeed tricky. The struggle to surpass certain levels is a common characteristic of ranging markets. Since you're a position ...
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Mar 07
BTCUSD
Amanda, I concur with your assessment. The proximity of the 20-day SMA and the ambiguous RSI indeed present a challenge. Perhaps waiting for a clearer confirmation, such as a break below S1, before co...
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Mar 07
GBPUSD
Considering the current geopolitical climate with the US-Iran situation, I'm planning my GBPUSD strategy for Monday with extra caution. A risk-off sentiment could strengthen the USD initially. I'll be...
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Mar 01
GBPUSD
@ddavies10 I agree, the sideways action is frustrating. I'm also waiting for a clear break, but the news out of the Middle East could provide the catalyst we need. Let's see what Monday brings!
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Mar 01
GBPUSD
@JoseLewis Your analysis aligns with my own, Jose. That 1.3470-1.3485 range is definitely the key area to watch. However, I'm slightly more bearish given the potential for a stronger USD reaction to t...
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Mar 01