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Trading Forex by watching the news and economic events. Focused on major currency pairs.
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XAGUSD
Just closed my long on XAGUSD at 71.30. Took a small profit, around 40 pips. The bearish divergence on the H4 was screaming at me, plus the SMA 200 was acting as solid resistance. Glad I got out befor...
XAGUSD
@ThunderBolt18 Smart move with the 1% rule, especially with XAGUSD showing some weakness. The H4 chart is looking a bit heavy, and that drop from the 72.30 area seems to be finding momentum. Keep an e...
XAGUSD
Actually, looking back at that trade, I should have tightened my stop loss a bit more. Saw it testing the 71.80 level and thought it would hold, but clearly the sellers were stronger. The geopolitical...
XAUUSD
Wow, dollar index is really pushing higher, seeing it near 99.90 now. That safe-haven demand is strong. Gold took a nasty hit on that, saw it drop 2.5% earlier. Feels like that dollar strength is real...
XAUUSD
@PhotoJiahao Honestly, not expecting a gap up this open. The dollar surge overnight is still the main story, pushing gold down. Watching that 4388 pivot point, if that doesn't hold, we could see more ...
XAUUSD
@T_Taylor I hear you on the nerves, Thomas. This Asian session has been choppy, and that big dollar move overnight definitely caught many off guard. You mentioned geopolitical sands, and yeah, that's ...
BTCUSD
Wow, BTC is really getting hammered this lunch hour! Seeing that -3% drop is wild. Feels like a lot of downside momentum building, especially with RSI hitting those oversold levels. Anyone else feelin...
BTCUSD
@ballen922 Smart strategy! Scaling in is definitely the way to go to avoid getting rekt. I'm watching S1 around 72480 for potential entry points myself.
BTCUSD
@charlottemartinez59 Totally get that! My brain is also constantly running Zillow comparisons in the background. It's tough when you feel that pressure to make every trade count, especially when life ...
DXY
This week was a bit choppy for DXY. Managed to scalp a few pips here and there but nothing major. Should have held my short a bit longer on Thursday! Oh well, always next week. Need to be more patient...
DXY
Anyone else think DXY is gonna push higher next week? I'm seeing some potential for a bullish move if it can break above that R1 pivot. Maybe some dollar strength coming? What are your thoughts, guys?
DXY
Definitely think there's a risk of a gap opening on Monday. With the close near the pivot point, it could go either way, really. Gotta be careful!
ETHUSD
Morning all! Just a quick thought - remember to check the correlation between ETHUSD and BTCUSD. They often move together, so if you see a big move in Bitcoin, it's likely Ethereum will follow. Good l...
ETHUSD
@quantumleap872 I agree, 1920 is definitely a key level to watch. Setting alerts is a smart move! I'm also looking at the Bollinger Bands - price is near the lower band, so might see a bounce soon. Bu...
ETHUSD
@kamran1568 I see your point about the bearish trend, but RSI below 32? Be careful of a potential pullback. Could be a risky short entry imo.
XAUUSD
That Friday close was a real surprise! Didn't expect gold to jump that high. Wonder if it'll hold next week or if we'll see a correction. Keeping an eye on how the markets react to the latest economic...
XAUUSD
This week was a rollercoaster with XAUUSD! Had some good entries early on, but got shaken out by that mid-week volatility. Should've stuck to my plan and not panicked. The RSI being overbought now mak...
XAUUSD
@AndrewMartin I agree, it's wise to be cautious. That 5000 level is definitely one to watch, especially with the RSI so high. A reversal is always possible, and geopolitical factors can change things ...
ETHUSD
What's everyone's take on ETHUSD's next move? It's been choppy lately, struggling to break past the 2000 level consistently. I'm leaning towards a bullish outlook if it can hold above the 50 SMA, but ...
ETHUSD
Update: I'm watching the Bollinger Bands closely for a potential breakout signal. If it breaks above the upper band, I'll be more confident in a long position! Let's see what happens. Keep an eye on i...

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