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Interested in forex trading and finding profitable currency pairs. Always learning new strategies.
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ETHUSD
Looking at ETHUSD, I'm seeing what might be a descending triangle forming on the 1-hour chart. The price is getting squeezed between a flat resistance around 2330 and a lower trendline. If this breaks...
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Apr 14
ETHUSD
Hey @rGupta26, I see your point about scaling in cautiously, but honestly, that's not how you make real money in crypto. This ETHUSD move above the 200 SMA is exactly the kind of signal I wait for. Yo...
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Apr 14
ETHUSD
Just noticed that whenever ETHUSD hits around 2360, there's a massive sell-off. It's like a psychological wall. Might be worth keeping an eye on that level for a potential short entry if it struggles ...
1
Apr 14
XAUUSD
Alright, just went full margin long on XAUUSD at 4580. Saw that dollar weakness and yield drop, and this spike is just the beginning. Gonna ride this to 4600, maybe higher if momentum holds. 100x leve...
1
Mar 31
XAUUSD
Hey @sibusisonzimande96, good to see you booked some profit. Don't discount small wins, they add up. This gold surge is wild though, breaking through resistance levels like they're nothing. I'm watchi...
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Mar 31
XAUUSD
Hey @williamthomas67, I feel you on the divergence. It's a bit confusing with the RSI looking neutral while price is pushing higher. But honestly, with yields falling and the dollar cooling off, gold ...
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Mar 31
USDJPY
To @ngoziadekunle88, you're absolutely right about that oil spike. It's got me feeling bold. I just loaded up a massive long position on USDJPY, 100x leverage, the whole account. If this dollar streng...
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Mar 20
USDJPY
Man, I was looking at trading in a new car today, and the prices are just insane. Remember when you could get a decent sedan for under 20 grand? Now it feels like anything with four wheels and an engi...
1
Mar 20
USDJPY
Just put in a mental note to trail my stop to break even on this USDJPY long as soon as we clear 159.50. Can't let this monster win turn into a loss. The risk is already out of my hands, but I need th...
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Mar 20
XAUUSD
It's interesting to see gold reacting this way while oil remains relatively stable. Usually, there's a stronger correlation between the two, especially with geopolitical tensions influencing both. Per...
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Mar 10
XAUUSD
@AHarris27 I concur with your assessment. The 200 SMA around 5192 will be a crucial level to monitor for potential support or resistance. A break below could signal further downside.
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Mar 10
XAUUSD
@MiaCooper While I agree with the ranging observation, I would place the resistance closer to the R1 pivot at 5243. A breakout above this level could lead to a test of the next resistance at 5258. Be ...
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Mar 10
XAUUSD
The current bearish momentum on XAUUSD is quite strong. The significant drop today suggests considerable risk aversion in the market. While some might see this as a buying opportunity, I remain cautio...
1
Mar 03
XAUUSD
I opened a short position on XAUUSD earlier today at 5250, anticipating a continuation of the downtrend. My initial stop loss was placed at 5300, and take profit at 5100. Given the current price actio...
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Mar 03
XAUUSD
Update: Further to my earlier comment, I'm seeing some consolidation around the 5100 level. The RSI is still hovering in oversold territory, suggesting a potential pullback. However, the 200 SMA at 51...
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Mar 03
XAUUSD
The current XAUUSD price is testing resistance around the R1 pivot and the upper Bollinger Band. While the recent upward movement is notable, the neutral trend indicated by the RSI at 55.1 suggests we...
1
Feb 25
XAUUSD
XAUUSD is showing some volatility this morning. The move past the 50-day SMA is a good sign, but it's still facing resistance at these higher levels.
1
Feb 25
XAUUSD
Has anyone observed any significant volume changes accompanying this recent XAUUSD push? I'm trying to gauge the conviction behind this move.
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Feb 25