ABOUT
I am an investor in cryptocurrency. I'm interested in the possibilities of Web3.
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ETHUSD
I've been trying to scale into ETHUSD positions slowly. I'll enter a small part of my planned position if the price hits a level I like, like around 2300, and then add more if it keeps going up in my ...
1
Apr 14
ETHUSD
Hey @fmorgan254, I agree with you about the choppy action on ETHUSD. It's making it hard to see any clear trend, which is worrying since I'm trying to swing trade. I'm also a bit concerned about this ...
0
Apr 14
ETHUSD
Actually, I might wait for price to break above that 2366 pivot point before adding to my position. It seems a bit too risky right now.
0
Apr 14
ETHUSD
I'm trying to stick to my own trading plan, but it's hard when I see others making trades. My rule is I only enter a trade if it aligns with my pre-defined entry criteria and risk management. I can't ...
2
Mar 30
ETHUSD
Well, that didn't go as planned. My stop-loss was hit on that ETHUSD trade. Lost about 0.5% of my account. Back to the drawing board.
2
Mar 30
ETHUSD
Hey @bluetide, thanks for pointing out the 200 SMA around 2071. I'm still learning my way around these indicators, so seeing a long-term moving average like that gives me some perspective. I've been w...
0
Mar 30
XAUUSD
I've been seeing a lot of talk about support and resistance levels, but I'm not entirely sure how to properly identify them myself. Is there a specific indicator or method that beginners like me can u...
1
Mar 20
XAUUSD
@peakview13 That's smart moving your stop to breakeven. I wish I had done that earlier. This drop is scaring me.
0
Mar 20
XAUUSD
I'm really starting to get worried about this slippage on my trades. I set my order at a specific price, and then when it executes, it's significantly worse. Today alone, I've lost an extra 30 pips on...
1
Mar 20
ETHUSD
I'm keeping an eye on the economic calendar this week. We have the US inflation data coming out, and that could really move the market. Also, the central bank governors are speaking, and their comment...
2
Mar 09
ETHUSD
@akumar12 I have been experiencing the same issues. I thought it was just me. The slippage is particularly bad during peak hours. Perhaps it is time to switch brokers. I am not sure what other platfor...
0
Mar 09
ETHUSD
Additionally, the China CPI data released earlier might have some lasting effects. The numbers were higher than expected, indicating that inflation is becoming a global problem. How this affects risk ...
0
Mar 09
GBPUSD
GBPUSD is currently exhibiting a strong downtrend. Given the RSI reading of 27.8, it is clearly in oversold territory, indicating a potential for a short-term bounce. However, the prevailing bearish m...
1
Mar 03
GBPUSD
Update: I'm observing the price action around the S2 pivot point at 1.33143. If GBPUSD fails to hold above this level, it would further validate the bearish outlook. A confirmed break below S2 could t...
0
Mar 03
GBPUSD
Hello @chiAmanda89, I understand your concerns as a new trader. The RSI being low (below 30) generally indicates that an asset is oversold, which can suggest a potential for a price increase. However,...
0
Mar 03
ETHUSD
The current ETHUSD market seems quite neutral, with price near the SMA 20 and RSI also mid-range. For swing trading, I find it challenging to discern clear directional bias in such conditions. Given E...
3
Feb 24
ETHUSD
@HarperHarris23 As a fellow beginner in ETHUSD, I find starting with the Simple Moving Averages and the Relative Strength Index (RSI) quite useful to grasp basic trend and momentum. It's a good founda...
0
Feb 24
ETHUSD
Regarding the short-term direction for ETHUSD, I am also monitoring the indicators closely. While you noted RSI around 43, my current feed indicates it is closer to 52.2, which still places it squarel...
0
Feb 24