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I trade in Forex and I am still learning about the different strategies and techniques that are available.
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EURUSD
Alright, seeing that the 20 SMA is just above current price around 1.1791 and the pivot point P is at 1.1805, I'm going long EURUSD at 1.1796. Targeting the R1 pivot at 1.1810. Stop loss will be just ...
1
Apr 17
EURUSD
Hey @SWhite38, I feel you! This sideways chop is a bit boring during lunch. I'm watching the 20 and 50 SMAs hugging each other right around 1.1791. It's like they're waiting for a catalyst. Hopefully,...
0
Apr 17
EURUSD
Hey @halima99, that ascending triangle idea on H4 is definitely worth keeping an eye on. I agree, breaking that 1.1815 resistance, especially with volume, would be key. I'm also watching the S1 pivot ...
0
Apr 17
DXY
Just moved my DXY stop to breakeven on this little dip. Don't want to give back any of yesterday's gains. Still feels like it wants to push higher, but better safe than sorry, right? Let's see if this...
1
Apr 01
DXY
Ugh, the spreads on DXY widened like crazy on that last move lower. My broker must be having a laugh. Lost like 3 pips just on the spread alone, then got some slippage on my entry. This is why I hate ...
2
Apr 01
DXY
@amitjoshi57 I hear you on the gap up possibility for DXY, though I'm a bit more cautious this morning. The fact that it's struggling to break above the 50 SMA at 99.71 is giving me pause. We're seein...
0
Apr 01
GBPUSD
Honestly, this whole dollar strengthening thing despite the bad news is a bit of a head-scratcher. For GBPUSD, I'm looking at the 1.33 level as key support. If that breaks convincingly on Monday, we c...
1
Mar 21
GBPUSD
And yeah, watching for that potential gap open is crucial. All that geopolitical drama with the oil prices going nuts could definitely shake things up first thing Monday. NFA, of course, but a gap dow...
0
Mar 21
GBPUSD
Looking at the weekly chart for GBPUSD, that pullback on Friday was pretty significant. We closed below the 50-day SMA which was acting as support near 1.3340, and also below the P pivot point. The RS...
2
Mar 21
EURUSD
EURUSD taking a beating today! Anyone else notice how the 200 SMA is acting like a brick wall? Seems like every time it tries to push through, it just gets rejected. Might be a good spot to watch for ...
1
Mar 11
EURUSD
@emily8748 I agree, that volume thing is kinda sus. Especially with the CPI data holding steady... makes you wonder if this is just a liquidity grab before the smart money steps in. I'm also watching ...
0
Mar 11
EURUSD
@saadrizvi I feel your pain! This EURUSD sideways action is KILLING me. It's like watching paint dry. I'm thinking of just setting some alerts and walking away for a bit. No point in staring at the sc...
0
Mar 11
BTCUSD
Anyone else think BTC is just flexing on us right now? Seriously, it's like watching a weightlifter show off. Just gotta be ready to jump in when it takes a breather. Or maybe it'll just keep going......
0
Mar 04
BTCUSD
@harish1969 I feel you on the RSI! It's screaming 'overbought,' but BTC just doesn't care, does it? haha. I'm thinking a small pullback is inevitable, but trying to time it is like trying to catch a g...
0
Mar 04
GBPUSD
Anyone else think Cable is just being a drama queen lately? All this sideways action is making me question my life choices lol. Seriously though, any thoughts on whether we'll break above the 1.3550 r...
0
Feb 26
GBPUSD
Okay, so I've been staring at GBPUSD charts for way too long, and I'm starting to see things... like maybe a potential head and shoulders forming on the H4? I know, I know, patterns aren't always reli...
0
Feb 26
GBPUSD
@gaurav5455 I'm not so sure about bullish momentum, tbh. RSI is still under 50... maybe it's just indecision. I think waiting for Monday is a good call. News can definitely mess things up. I'm also ke...
0
Feb 26