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Interested in learning technical analysis for forex trading. Aiming for consistent profits in the long run.
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XAUUSD
Honestly, this upcoming week for XAUUSD feels like a big question mark. I'm not expecting a huge gap up or down on Monday, but I think the Iran news might keep things interesting. If that situation de...
2
Apr 10
XAUUSD
Hey @kanderson340, I totally agree about Friday's close being a bit odd. It felt like gold just shrugged off that earlier dip, which is kind of bullish in a weird way. You mentioned the Iran tension a...
0
Apr 10
XAUUSD
Friday's close was interesting. It came back from earlier losses, which is a good sign, but not exactly a strong bullish signal either. Still feels like it's consolidating.
1
Apr 10
ETHUSD
Yeah, I'm doing something similar with ETHUSD. I like to enter a position and if it starts moving in my favor, I'll add a bit more. But if it hits a certain profit target, say around 30-40% of my init...
1
Mar 28
ETHUSD
Just eyeballing this ETHUSD chart, looks like it's respecting that 2000 level for now, but the overnight session has me a bit nervous. Moving my SL tighter to 2015.
1
Mar 28
ETHUSD
So yeah, about the scaling out part for ETHUSD. I find that if I don't take some profits off the table, I end up watching the entire trade reverse and give back all the unrealized gains. That's the wo...
0
Mar 28
USDJPY
USDJPY is feeling super heavy right now, almost feels like a liquidity grab waiting to happen. That -0.87% drop today is significant, and RSI is way down in oversold territory. Honestly, I'm not super...
0
Mar 19
USDJPY
Yeah, I agree with you @thomas_w55. That resistance around 159.00 is looking pretty solid, and the price action is just… not inspiring confidence for a continued rally. I'm staying out for now. Maybe ...
0
Mar 19
USDJPY
This whole USDJPY move today is making me nervous. It's been so bullish for a while, and now this sudden dip is a bit unsettling. I'm not FOMOing into shorts or anything, but I'm definitely keeping an...
2
Mar 19
DXY
Oil crisis and DXY strength... not a great combo for risk appetite. Asian session is super quiet tho, feels like everyone's waiting to see what happens next week. Maybe a small bounce at 98.50 before ...
3
Mar 08
DXY
@snair583 I agree, the 50 and 200 SMA are key levels to watch. A clear breakout above 98.80 would be bullish, but if it breaks below 98.50, we could see a move towards 98.30. I'm also leaning towards ...
0
Mar 08
DXY
@priya1986 Moving your stop loss tighter is a good idea in this environment. 98.40 seems like a reasonable level. Better to protect your capital and re-enter later if the market turns around. I'm also...
0
Mar 08
BTCUSD
Anyone else getting flashbacks to that dip back in March? Similar price action around the 68000 level before it bounced back. RSI is kinda high this time though, so not sure if it'll play out the same...
2
Mar 02
BTCUSD
Update: Thinking of opening a small long position if it breaks above 69000 with confirmation. SL around 68500 to manage risk. Targetting the 70000 level initially, but I'll be monitoring the volume cl...
0
Mar 02
BTCUSD
Also, worth noting that the 200 SMA is still below the current price. That's generally a bullish sign, but the 20 and 50 SMAs are pretty close, so could be a point of contention. I'm gonna wait for th...
0
Mar 02
ETHUSD
ETHUSD is looking pretty oversold according to the RSI. Anyone else think a short-term bounce is likely? I'm considering a small long position but the overall trend still seems bearish. What are your ...
0
Feb 24
ETHUSD
Seeing a lot of volatility in ETHUSD today. Could be a good day for swing trades if you're careful with your stop losses.
2
Feb 24
ETHUSD
Hey @jose6566, good analysis. I'm also watching those levels you mentioned. A break below 1946.69 seems more probable given the current bearish momentum, tbh. However, with the RSI so low, a fakeout i...
0
Feb 24