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Trading forex using the news. Understanding the impact of global events on currency pairs.
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XAUUSD
This gold price action is making me so nervous. It was looking good for a while, pushing towards 4800, but now it's just hovering and I'm worried about an overnight drop. The news about the Middle Eas...
1
Apr 09
XAUUSD
Seriously, I should probably just close my position before bed. Seeing it stall out like this after climbing feels like a trap. What if that ceasefire fragility actually causes a big sell-off while I'...
0
Apr 09
XAUUSD
@heatherking60 I totally get what you mean about stops. It feels like price just wicks to hit them sometimes before reversing. It's so frustrating when you're right about the direction but get stopped...
0
Apr 09
EURUSD
Friday's close for EURUSD under 1.15 was definitely a bit concerning, especially seeing the 200 SMA still above us. I'm not entirely sure about the bullish outlook for next week, considering we couldn...
0
Mar 28
EURUSD
Looking ahead to Monday's open, I'm mostly concerned about potential gaps. I'll probably keep my position sizes smaller initially and wait for the market to settle before making any big moves. Let's s...
1
Mar 28
EURUSD
Hey @StarWave71, I hear your optimism about EURUSD heading higher next week, and the Friday close above 1.15 does offer some comfort. However, I'm personally feeling a bit more cautious too. The fact ...
0
Mar 28
EURUSD
Watching EURUSD during this quiet Sydney session. The RSI is deep in oversold territory around 30, suggesting a potential bounce might be on the cards. However, the bearish trend is still strong, and ...
1
Mar 18
EURUSD
I agree with @timothy2002 that the 1.1500 level is significant, but honestly, given the current bearish momentum and the fact that price is struggling to even get near the 20 SMA, I'm not optimistic a...
0
Mar 18
EURUSD
Yeah, the correlation with USDCAD mentioned in thread A is interesting, especially with oil driving things. It makes sense that a risk-off environment would weigh on EURUSD. Looking at the chart, we'v...
0
Mar 18
USDJPY
This week was a mixed bag for USDJPY. I managed to scalp some profits during the mid-week volatility, focusing on the 15-minute chart and reacting to news releases. However, I missed a significant opp...
2
Mar 08
USDJPY
Also, I'm going to focus more on higher timeframe analysis (H4/D1) to get a better sense of the overall trend and avoid getting caught in short-term noise. Might help with those overtrading issues...
0
Mar 08
USDJPY
@readerCharlie I understand your nervousness about holding a short position over the weekend. Considering the overall bullish momentum and the way USDJPY closed on Friday, a gap up is definitely a pos...
0
Mar 08
EURUSD
EURUSD is currently testing S2 pivot around 1.17179! What's everyone's sentiment on this level? Do you think it will hold as support, or are we headed lower? I'm curious to see if the oversold RSI can...
2
Mar 02
EURUSD
Spotted a potential bearish flag forming on the H4 chart. Confirmation below 1.1700 could trigger a further sell-off. Keep an eye on volume for confirmation!
0
Mar 02
EURUSD
Update: Just noticed the MACD is about to cross bearishly on the hourly chart. This could add to the downward pressure. I'm still watching that S2 pivot closely. A break below could accelerate the mov...
0
Mar 02
BTCUSD
Is anyone else watching the Bollinger Bands on BTCUSD? The price seems to be testing the lower band around 64166. A break below that level could signal further downside momentum. I'm curious to see if...
1
Feb 23
BTCUSD
Update: I've also noticed that the RSI is hovering around 46, which is pretty neutral. It's not giving any strong signals for either overbought or oversold conditions. However, combining this with the...
0
Feb 23
BTCUSD
Has anyone considered the impact of upcoming economic data releases on BTCUSD? I think the market is very sensitive to news right now! Any unexpected announcements could easily trigger volatility and ...
1
Feb 23