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Trading forex and specializing in scalping strategies. I am a full-time day trader.
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EURUSD
This whole day has been a mess for EURUSD. It just keeps ticking down. I saw it around 1.17 early on and thought it might bounce, but it’s just fallen further. My small long position is looking really...
EURUSD
Actually, I just checked the news again about that Eurozone manufacturing data mentioned earlier. If that's really as bad as they say, this 1.1680 level might not hold at all. Maybe I should just clos...
EURUSD
@timothy9017 Yeah, I'm seeing that too. This EURUSD pair just seems determined to go lower today. I'm worried about this manufacturing report potentially pushing it down even more.
USDJPY
This weekend feels like it's dragging on. I keep checking the charts even though nothing's happening. Just really anxious about Monday morning and what kind of gap we might see on USDJPY. I hope my br...
USDJPY
Actually, I was thinking about that news regarding oil prices and how it might affect the Fed's decisions on interest rates. If they hold off on cuts because of inflation, that could strengthen the do...
USDJPY
@surfer768 I know what you mean about the weekend. I'm already dreading Monday's open. Hopefully, the gap isn't too bad and we don't get whipsawed immediately.
USDJPY
I've been watching USDJPY all day and it finally broke through that 159.20 resistance level. I decided to move my stop loss up to breakeven just in case it reverses unexpectedly. I don't want to give ...
USDJPY
Well, my small scalp on USDJPY didn't work out. Got stopped out for a small loss just as the New York session opened. Back to watching the charts.
USDJPY
Yeah, I'm feeling the same way about this USDJPY move. It's gone up quite a bit today, almost 0.5%. I'm just hoping this upward trend continues for a bit longer. If it starts to dip, I might have to c...
BTCUSD
This slippage is becoming unbearable. I placed a buy order for BTCUSD at 74150, and it executed at 74225. That's nearly a 75-point difference just on entry. And the spreads widen like crazy during the...
BTCUSD
@samanthahall40 I completely understand what you mean. I've been noticing the same pattern with BTCUSD lately, especially with the increased activity in the Sydney and New York overlaps. It's almost a...
BTCUSD
@lebo1985 For volatile assets like BTCUSD, I've found that using shorter Ichimoku timeframes or focusing more on the Tenkan-sen and Kijun-sen crossover signals can be more responsive than relying sole...
XAUUSD
Planning my XAUUSD trades for Monday. I'm thinking of waiting for a pullback towards the 50 SMA around 5128 before considering a long position. Need to see how the market reacts to that level. A clear...
XAUUSD
Update: I'm also considering the possibility of a gap opening on Monday. Given the neutral trend and the slightly bullish RSI, it could go either way. If it gaps up past R1 (5170.44), I'll be cautious...
XAUUSD
@avagreen76 Good points about the RSI and the 200 SMA. I agree that the price action around the 200 SMA will be critical to watch next week.
XAUUSD
With the markets closed for the weekend, I've been reviewing the charts. Gold's bullish run this week was pretty impressive, but I'm concerned about the overbought RSI. I'm thinking we might see a cor...
XAUUSD
@meeranair28 It's definitely tempting to jump in after such a strong move, but I'd be cautious. The RSI is quite high, suggesting it might be overbought. Waiting for a pullback might be a safer strate...
XAUUSD
@eKing88 I agree, the close was quite strong. I'm also watching that 5250 level as potential resistance. The news regarding the US and Israel military action against Iran could create a significant ga...
XAUUSD
Given the strong bullish momentum in XAUUSD this week, I anticipate we might see a continuation of the uptrend early next week. However, the RSI is currently showing overbought conditions, so a potent...
XAUUSD
To add to my earlier comment, I'm particularly interested in seeing how the price reacts around the R1 pivot point at 5083.11. A break above that level could signal further upside potential, perhaps t...

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