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Trading forex and applying fundamental analysis. Following economic news and global events closely.
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GBPUSD
I'm watching some dude on YouTube who said GBPUSD is gonna fly. He said something about the UK economy being stronger than people think and that the dollar is weakening because of this Iran stuff? Dun...
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Apr 07
GBPUSD
@ChloeAnderson9 I saw that NFP number too and it freaked me out a bit. My small long position is still open but I'm scared to even look at it. This Iran conflict news is really making things choppy, m...
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Apr 07
USDJPY
just moved my stop to breakeven on this USDJPY trade. It's up a bit now, which is good, but I'm still nervous it'll reverse. I don't want to lose any money if it suddenly drops. Seeing that Fed hike t...
1
Mar 27
USDJPY
Actually, I was thinking, maybe I should have let it run more. The yen did weaken a bit after that inflation news. But then again, the yen can just swing back so fast. Hard to know what to do.
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Mar 27
USDJPY
Hey @AlexanderCox, I totally get what you mean about the USDJPY being dull. It's been so quiet, I thought my charts were frozen or something. I'm also long from around 159.6, and seeing this slow grin...
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Mar 27
BTCUSD
Still holding this short position from 73k. Price is crashing hard, almost at S2 near 71k. Thinking of moving my SL to break even now just in case of a dead cat bounce. This drop is intense.
2
Mar 18
BTCUSD
@thomas9665 I'm pretty new to Fibo, but I usually just draw from the last major swing low to high. For confirmation, I look for price action like a strong displacement candle or an FVG around the Fib ...
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Mar 18
BTCUSD
Need a break from charts soon. Thinking about a trip to the Lake District next month, maybe some hiking. Anyone got recommendations for nice B&Bs around Windermere?
1
Mar 18
GBPUSD
Hmm, weekly close... not sure what to make of it tbh. We broke above some resistance but I'm still a bit wary. Gap risk is always a worry over the weekend, especially with cable. Could easily see it r...
2
Mar 08
GBPUSD
And I'm wondering if the smart money is just setting up for a big short squeeze next week. So many retail traders probably FOMOing in at the end of the week. That 200 SMA is looming as well, could be ...
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Mar 08
GBPUSD
Hey @FreyaCook, yeah the close was pretty strong but I'm not totally convinced yet. That 50 SMA pullback you mentioned is defo something to watch. I'm thinking it might test that level early in the we...
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Mar 08
ETHUSD
ETH showing some strength this morning. I think it'll push past 1970. The 20 SMA is about to cross the 50 SMA as well. With the news from Iran, I'm expecting risk aversion to keep ETH bid. Targetting ...
2
Mar 02
ETHUSD
@apexhunt574 I agree with your assessment. The consolidation is clear. But the fundamental news might override the technicals this time. I think the Iran situation will drive more volatility than we'r...
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Mar 02
ETHUSD
Hey @MadisonG86, I see your long position. I'm also bullish but a bit worried about a potential pullback before the next leg up. Your stop loss at 1955 is tight, but maybe too tight considering the vo...
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Mar 02
BTCUSD
BTC is oversold. The RSI is below 30, but I'm not convinced it's going to bounce back up. There's too much fear in the market right now. I'm staying out until I see a clear reversal pattern. Maybe aro...
1
Feb 23
BTCUSD
@jianhao207 You're right to be worried! That SMA crossover is a bad sign. I think the long-term outlook is bearish, tbh. We might see a small rally, but I wouldn't hold my breath. I'm expecting it to ...
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Feb 23
BTCUSD
@sharpWind8 Yes, selling pressure is definitely there. I agree, more downside to come.
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Feb 23