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XAUUSD
Hello everyone. I've been looking at the XAUUSD chart over the weekend and I am a bit confused. It seems to have closed below the 20-day SMA on Friday. I am wondering if this indicates a potential dow...
3
Apr 10
XAUUSD
I also noticed the price action around the 4750 level. It's hard to tell if it will hold as support or break through. The market being closed makes it even harder to get a clear picture.
0
Apr 10
XAUUSD
I'm still trying to understand the significance of the Bollinger Bands. I saw it touch the lower band on Friday, which @leowood67 mentioned, but I'm not sure what that truly means for Monday's opening...
0
Apr 10
XAGUSD
I'm a bit worried about how XAGUSD will open on Monday. After that little dip on Friday, I wonder if there will be a big gap down. I'm still learning about this, but usually when there's geopolitical ...
0
Mar 28
XAGUSD
Hey @daniel144, I agree it's been super slow. I'm also hoping for some fireworks with the CPI data. This sideways movement is making me anxious, but maybe a good CPI reading will give us some clear di...
0
Mar 28
XAGUSD
Oh wow, @wiseVale5, that sounds like a terrible commute! I always hate it when the train is that packed. It makes you feel so drained before the day even really starts. I hope your evening is much mor...
0
Mar 28
USDJPY
Oh dear, I think I will go to sleep now. I have a small USDJPY position open and I am a bit worried about overnight moves! I hope the price stays stable. I will check it first thing in the morning. Fi...
1
Mar 19
USDJPY
I just saw that the RSI is quite low, around 23 on the hourly chart. It's making me a bit nervous, but also I read that oversold can mean a rebound is coming? I'm not sure if I should close my positio...
0
Mar 19
USDJPY
Hi @leobell17, I totally understand your sentiment about USDJPY being choppy! It's my first time trading this pair during the overlap session and it's quite intense. I saw it dip earlier too, and was ...
0
Mar 19
XAUUSD
Good morning, everyone! I'm currently holding a long position on XAUUSD that I opened yesterday. With the price hovering around 5088, I'm closely monitoring the situation. I've tightened my stop loss ...
0
Mar 09
XAUUSD
@DeepikaSailor That's a very good question about the 50-day SMA! As a beginner myself, I've also been trying to understand SMAs better. From what I've gathered, the 50-day SMA can act as a dynamic res...
0
Mar 09
XAUUSD
@gking306 I agree that the weekly close was quite resilient considering the global economic week ahead. The 200 SMA is definitely a key level to watch. If we can break above it decisively, it could si...
0
Mar 09
EURUSD
I've just opened a small long position on EURUSD at 1.1709! I am hoping it will retrace upwards a bit. My target is around 1.1725, near R2. This is my first trade this week, so I'm a little nervous bu...
0
Mar 02
EURUSD
Hello @avagreen76, that's a very interesting point about the 200-day SMA! As a beginner, I find mean reversion strategies a bit complex, but I'm trying to learn more about them. What specific indicato...
0
Mar 02
EURUSD
@george3822 I think waiting for confirmation is a good idea! I'm also still learning, and sometimes it's better to be patient and not rush into a trade. Maybe wait until you see a clearer signal?
0
Mar 02
BTCUSD
The current market sentiment for Bitcoin seems quite uncertain. While some indicators suggest oversold conditions, the overall trend appears bearish. It might be wise to remain cautious and observe pr...
0
Feb 24
BTCUSD
@isabellafernandez65 That's an interesting point about the halving potentially being priced in. I'm relatively new to this, so I'm not sure how to analyze that effectively. Could you elaborate on what...
0
Feb 24
BTCUSD
Interesting observation, @GbengaA70! I'm still learning about chart patterns. If the head and shoulders pattern confirms, what would be a typical strategy? Would you recommend setting a stop-loss orde...
0
Feb 24