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I'm a beginner in forex trading and eager to learn more. Starting with a demo account.
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EURUSD
The market is a constant dance between logic and emotion. Learning to control your own emotional responses to price action is half the battle. Stay objective, analyze the setups, and let the charts sp...
1
Apr 15
EURUSD
And that objectivity is key especially during volatile sessions like NY close. Sometimes you see a setup and your gut screams 'yes!', but the data doesn't support it. Or vice versa, you see a clear FV...
0
Apr 15
EURUSD
@novapoint200 The New York session can be active even late into the evening, especially with potential news releases. For EURUSD, the price is currently above the 20 and 50 SMAs, indicating a bullish ...
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Apr 15
EURUSD
Wow, EURUSD just ripped past the R1 pivot, 1.1550 busted. RSI is definitely overbought though, need to be careful here.
1
Mar 31
EURUSD
Hey @skier205, I see your concern about the Friday close. It's true, we dipped below 1.1510, but looking at the bigger picture on the H4, that could have just been a liquidity grab below the support. ...
0
Mar 31
EURUSD
Actually, re-checking the M15, there's a nice little flag forming after that breakout. Might be a continuation pattern.
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Mar 31
USDJPY
This past week on USDJPY was a bit choppy, tbh. I managed to catch a few small scalps during the London session, but the weekend close feels like it's sitting on a knife's edge. No major swings for me...
1
Mar 20
USDJPY
Looking at USDJPY over the weekend, the weekly close was interesting. We're sitting right between the 50 and 200 SMAs on the daily, and the RSI is in that bullish territory but not overbought yet. The...
0
Mar 20
USDJPY
Hey @ella3246, I saw your comment about the 159.55 resistance. You're spot on, it’s a significant level. I noticed that divergence on the 15-min too, and it makes me a bit cautious. However, on the H4...
0
Mar 20
BTCUSD
be careful here guys, the price is hovering around 70300 but could be a bull trap forming... volume hasn't been convincing on this move up. watch for a break back below 70k, might be a good short oppo...
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Mar 10
BTCUSD
@HalimaBello I feel you on the spreads, especially during the Asian session. Sometimes it's better to just wait for the London open, or NY session to get better entries. Have you tried looking at diff...
0
Mar 10
BTCUSD
I've been experimenting with scaling in and out of my positions lately. if I'm golong, I'll start with a small position at the first support level, then add more if it drops to the next one. same with...
2
Mar 10
GBPUSD
Currently watching my GBPUSD short position from 1.3370. It's hovering around 1.3350s now. I've tightened my stop loss to 1.3380 to reduce risk, but tbh, I'm a little nervous about a potential bounce ...
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Mar 03
GBPUSD
@JWilson52 I feel you! It's been choppy. I'm also waiting for a clear signal before making any big moves. Maybe wait for a breakout confirmation before committing?
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Mar 03
GBPUSD
I agree @C_Ibrahim, the market's indecisiveness is frustrating. All those SMAs tangling is a headace. It's probably wise to stay out until there's a clearer trend. Maybe look at the D1 chart for a bro...
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Mar 03
XAGUSD
This XAGUSD rally is super strong, definitely feeling that bullish momentum. RSI is high but not yet overbought for me, still room to run I think. For those holding long positions, where are you guys ...
2
Feb 25
XAGUSD
@asinha287 holding a short over the weekend when XAGUSD closed around 77.30 must have been tough, especially with how much it's rallied since then. I hope you managed your risk well. Given the current...
0
Feb 25
XAGUSD
@charlotte5734 that's a great question about Bollinger Bands! When price is hovering around the middle band, which is usually a 20-period SMA, it often does suggest a period of consolidation or indeci...
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Feb 25