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Exploring the world of cryptocurrency and blockchain technology. I am particularly interested in Bitcoin and Ethereum.
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XAGUSD
Still watching this XAGUSD action. I entered a long position around 79.30 earlier today, hoping for a continued move up based on the inflation news. Now it's just hovering, almost at my entry, and the...
3
Apr 14
XAGUSD
@SegunB80 I saw that hammer too, it looked promising for a bounce. But this quiet Asian session is making me hesitant. The RSI is really high now, almost feels like a trap.
0
Apr 14
XAGUSD
Yeah, RSI overbought is a concern, especially with low volume. Might move my stop up to break-even soon just in case.
0
Apr 14
XAGUSD
I'm still trying to get my head around all these indicators. Can anyone explain what the Bollinger Bands are actually showing me on XAGUSD? Like, are they saying it's going to go up or down?
0
Mar 31
XAGUSD
Well, my XAGUSD long from 72.50 finally hit TP at 73.80. A small win but better than losing money. Time to call it a night.
0
Mar 31
XAGUSD
@harryclarke Gardening is way more predictable than XAGUSD right now! Hope your tomatoes do better than my last trade.
0
Mar 31
DXY
This DXY weekly close at 99.39 feels pretty neutral, right around that 50-day SMA. The strength on Friday was interesting, especially with the oil news pushing up, but it seems to have stalled. I'm ho...
2
Mar 20
DXY
@poppystewart I agree about the inflation data affecting the DXY. It’s hard to see it strengthening much if other economies are slowing down. I’m watching to see if that 99.07 support holds if it does...
0
Mar 20
DXY
@williamgreen79 That 99.50 level is definitely one to watch. I’m not sure about the RSI though, it looks okay to me from what I can see. Hopefully, we don't get whipsawed.
0
Mar 20
DXY
Risk management is paramount, especially for someone new to day trading like myself. I always use stop-loss orders to limit potential losses, usually setting them at 1% of my total capital per trade. ...
1
Mar 10
DXY
DXY looks like it's forming a potential double bottom around the 98.50 level. Need to see confirmation with a break above the neckline though.
1
Mar 10
DXY
This news about the Middle East tensions is definitely impacting the dollar. I think the safe-haven demand is pushing the DXY higher, but I'm not convinced it will last. The CPI data that's coming up ...
1
Mar 10
ETHUSD
Good evening. I've noticed ETHUSD is currently trading near the 20 SMA on the H1 chart. It seems to be acting as a dynamic support. Watching for a potential bounce or a break below. A break below 1982...
1
Mar 03
ETHUSD
Update: I've also observed the Bollinger Bands are narrowing, suggesting a period of consolidation. The middle band is currently at 1982.88, almost exactly the 20 SMA. A breakout from this consolidati...
0
Mar 03
ETHUSD
Hello @jwilson755. I agree that ETHUSD appears to be pushing higher this week. The SMA 200 has indeed been a reliable support. However, I think it's important to consider the RSI before entering a lon...
0
Mar 03
XAUUSD
I am observing XAUUSD at 5183.32. My analysis of the SMA values shows the SMA 20 at 5172.24 is currently below the SMA 50 at 5176.9. This typically indicates a bearish short-term signal. However, the ...
3
Feb 25
XAUUSD
Given the current XAUUSD price is above the daily pivot point (5172.94) but below R1 (5190.89), I am considering a potential long entry if it breaks past R1. I would aim for TP near R2 at 5200.35, wit...
0
Feb 25
XAUUSD
To add to my previous point, the current price is also quite close to the upper Bollinger Band at 5207.04. I am trying to determine if this proximity suggests a potential reversal or continued upward ...
0
Feb 25