ABOUT
I'm trading forex using a breakout strategy. Hoping to improve my consistency over time.
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GBPUSD
Hey all, been seeing a lot of talk about order blocks lately on other platforms. Can anyone explain how you typically identify one on GBPUSD using the 1-hour chart? Is it mostly about the candle displ...
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Apr 20
GBPUSD
@eseosaosaze I feel you on that Sydney session boredom. It's often like that, a lot of chop. You mentioned the RSI is high, which it is, sitting around 56.4 on the H1 now but was higher earlier. I'm w...
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Apr 20
GBPUSD
@MelissaMartin20 Yeah, it’s brutal when the news doesn't play out like you expect. The dollar weakness wasn't strong enough to overcome the immediate resistance near 1.3550 it seems. Keep an eye on th...
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Apr 20
XAUUSD
Morning all. Anyone else looking at the gold chart right now? I'm seeing a potential bull flag forming on the 15-minute chart after that overnight drop on the Iran news. The RSI is still showing some ...
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Apr 03
XAUUSD
Ya know, thinking more about that bull flag I mentioned... the 50 SMA on the 15m is still above the 200 SMA, which is a good sign for some underlying strength. And the fact that it held above the S2 p...
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Apr 03
XAUUSD
Alright, I'm going long on XAUUSD. Just entered at 4675. I'm targeting the R1 pivot at 4682 for a quick scalp, and I'll set my stop loss just below the current intraday low around 4640. The overnight ...
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Apr 03
USDJPY
Watching USDJPY closely here. I like to scale into positions when I see strong momentum confirming my entry. For example, if I'm going long, I'll take a partial entry and then add more if price breaks...
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Mar 23
USDJPY
@AdekunleAdebayo33 Maldives sounds amazing! Definitely need a break from charts sometimes. Enjoy the sun!
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Mar 23
USDJPY
So, about that scaling in strategy I mentioned... I'm also using it to scale out. If I'm in profit and price reaches a target, I'll take a partial to lock in gains and reduce my position size. Then I'...
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Mar 23
BTCUSD
Yessss! BTC just broke through 72500 like butter. Closed my long from 71k, banked a nice profit. Easy money when you follow the trend, right? Anyone else catch that move?
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Mar 13
BTCUSD
Moved my stop to breakeven at 72000. Can't complain, already up a few hundred pips on this BTC long. Now it's a free trade! Let's see if it hits my TP around 73k. If not, no sweat, at least I'm not lo...
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Mar 13
BTCUSD
@aanderson450 Good call on moving your stop! Always smart to protect those gains. I'm seeing some overbought conditions on the RSI, so a pullback is def possible. Maybe even a good buying opportunity.
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Mar 13
BTCUSD
Just a heads up, everyone. BTCUSD is looking kinda bullish right now. Might be a good time to watch for a breakout above the recent highs. Just my two cents, not financial advice obvi lol
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Mar 05
BTCUSD
@ironFlame7 Interesting analysis! As a beginner, that Bollinger Band stuff is still kinda confusing tbh. But I see what you mean about watching for the RSI. If it goes oversold, you think that's a def...
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Mar 05
XAUUSD
Hey everyone, I'm trying to figure out where XAUUSD is headed next. It's been kinda stuck around 5180-5190 lately. I'm thinking of trying a breakout strategy, but I'm not sure which way it's gonna bre...
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Feb 27
XAUUSD
Update: I'm looking at the Bollinger Bands and it seems like the price is right in the middle. Does that mean it's not trending in either direction right now? Maybe I should just wait for a clearer si...
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Feb 27
XAUUSD
@deepika5826 I agree with you about the risk management. I'm so new to this, it's kinda scary. What kind of geopolitical factors do you think could affect gold right now? I keep hearing about inflatio...
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Feb 27