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Trading based on technical indicators in the forex market. Using moving averages and RSI to identify trends.
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XAUUSD
Caught a bit of a YouTube video earlier about the XAUUSD chart. The guy was talking about how these sideways markets can be tricky, but he seemed to think we might see a small bounce off that 4800 are...
2
Apr 20
XAUUSD
Man, the price of gas is just insane right now. It feels like every time I fill up my tank, it costs a fortune. Makes me think twice about driving anywhere. Wonder when this is going to ease up, feels...
1
Apr 20
XAUUSD
@melissajackson, I saw your post about going long at 4855. That Iran news seems to be a bit of a wild card right now, makes me nervous to be holding a long position that high up. Might want to watch t...
0
Apr 20
BTCUSD
Man, this BTC price action is making me sweat. It's just bouncing around 66.9k like crazy. Is it going to drop more? I'm so scared to even look at my balance right now. Feels like I always buy at the ...
1
Apr 03
BTCUSD
@khairul_a58 I see what you mean about the R1 pivot and the Bollinger Band squeeze. It does look like it's building up for something. But honestly, with this Iran situation making oil prices jump like...
0
Apr 03
BTCUSD
Wait, actually, thinking about that oil news... if oil is going crazy because of Iran tensions, maybe that makes other things look less risky? Like, maybe people move money into crypto to avoid that g...
0
Apr 03
XAGUSD
Man, these spreads on XAGUSD are killing me. Every time I try to get in or out, the slippage is insane. It feels like my broker is just taking a huge cut. I swear it was much cleaner last year.
0
Mar 23
XAGUSD
This feels just like that time in late 2022 when silver tanked hard before recovering. Waiting to see if it holds this level like it did back then.
2
Mar 23
XAGUSD
Hey @faisal3509, I saw your comment about the drop below the 200 SMA. Yeah, that's definitely a red flag, I agree. It makes me nervous, especially with all the news about the dollar getting stronger d...
0
Mar 23
BTCUSD
Bitcoin's been on a tear lately, pushing past 72k like it's nothing. RSI is definitely in overbought territory, but the momentum is strong. I'm curious to see how many others are still buying up here?...
0
Mar 13
BTCUSD
@TylerWalker I agree with your point about the media's portrayal of crypto. It's easy to focus on the negative headlines, but there's a lot of innovation happening in the space. The SBF thing was a bl...
0
Mar 13
BTCUSD
@cikechukwu536 I totally get that feeling of alert fatigue! I've done the same thing before, setting alerts and then ignoring them. It's like we're afraid to actually commit. Maybe try setting a small...
0
Mar 13
ETHUSD
The feeling in the market right now is definitely cautious. ETH is stuck in this range, and nobody seems willing to commit heavily in either direction. The RSI is neutral, and the moving averages are ...
0
Mar 05
ETHUSD
I'm curious to hear what others think about this current consolidation pattern on ETH. We've been bouncing between roughly 2090 and 2140 for days. Are you seeing this as a period of accumulation befor...
0
Mar 05
ETHUSD
@sofiahall, I agree, that 200 SMA is key. ETH needs to decisively break above it to convince me the bulls are back in control. A move to 2050 seems plausible if it fails to hold.
0
Mar 05
EURUSD
EURUSD's current dance around the 1.1790s is a bit perplexing. We've got the 200-SMA acting as a magnet, pulling the price back whenever it tries to stray too far. RSI is indecisive, not giving a clea...
0
Feb 27
EURUSD
Interesting points, @mali737. I agree that the volatility has been subdued this week. Your scalp strategy around 1.1855-1.1875 was logical, but the market didn't cooperate. Perhaps waiting for a confi...
0
Feb 27
EURUSD
@manishjain35, haha, yeah, EURUSD can be a real head-scratcher sometimes! Don't worry too much about all the lines at first. Just focus on the overall trend and maybe try using a simple moving average...
0
Feb 27