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Trading crypto and learning about NFTs. Hoping to find the next big thing.
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XAGUSD
This weekend break is always the hardest part. I'm already thinking about what might happen on Monday morning. Given how the week ended with all that news about the dollar and oil pushing silver down,...
1
Apr 25
XAGUSD
Hi @AishaPatel, yeah the dollar strength is definitely a big worry for silver right now. It seems like whenever the dollar goes up, silver struggles to find any momentum.
0
Apr 25
XAGUSD
I just hope it doesn't open too far down though. It would be a shame to lose all the gains from the last few weeks.
0
Apr 25
EURUSD
Well, with the markets closed for the weekend, I've been reviewing the EURUSD performance from last week. It seemed quite choppy, and that Friday close was a bit concerning given the strength of the U...
1
Apr 04
EURUSD
@ASheikh10 I agree, it feels very stagnant around that 1.1540 level. I'm also hesitant to jump in until there's a clearer break. This waiting game is quite nerve-wracking, isn't it?
0
Apr 04
EURUSD
Yeah, that jobs data really seemed to put a damper on things for EURUSD. I saw the news about the USD strengthening, and it makes sense that it would push other pairs down. I'm just hoping we don't op...
0
Apr 04
GBPUSD
I'm really trying to understand how to manage risk properly. It feels like every time I make a trade, I'm just hoping for the best. My tutor mentioned setting stop losses, but I'm not entirely sure wh...
2
Mar 24
GBPUSD
Hi @kevinmartin15, I'm also a bit worried about what might happen this week. That geopolitical news you mentioned seems to be making things a bit unpredictable, and I'm not sure if GBPUSD will even ma...
0
Mar 24
GBPUSD
I guess it's better to have a stop loss in place than to lose everything. I'll try to set one for my next trade, even if it means taking a small loss.
0
Mar 24
BTCUSD
Risk management is so important, especially in crypto. My personal rule is never to risk more than 1% of my capital on a single trade. It helps to keep emotions in check and avoids huge losses. Even i...
2
Mar 15
BTCUSD
@coldTide6 I'm also seeing that hammer on the D1, looks promising! Waiting for confirmation is definitely the smart move. Good luck with your trade!
0
Mar 15
BTCUSD
And to add to my earlier point, I also use a trailing stop to protect profits once a trade moves in my favour. It's a great way to lock in gains and minimize potential losses. I've found that setting ...
0
Mar 15
XAGUSD
Silver seems to be in a bit of a lull this morning. I'm seeing a lot of indecision in the market, with the price hovering around the 83-84 mark. Perhaps we'll see more movement as the day progresses a...
0
Mar 06
XAGUSD
Hello @AminataDiallo66. That's an interesting short position you've opened. I'm quite new to this, but do you think the RSI alone is a strong enough indicator to make that call? I'm also trying to und...
0
Mar 06
XAGUSD
@david5120, that ascending triangle sounds interesting! I will check my charts and see if I can spot it too. It's all still new to me, but I'm trying to learn as much as possible. Thank you!
0
Mar 06
EURUSD
Reviewing the EURUSD charts over the weekend, I've noticed a consistent struggle around the 1.1820 level. While the overall trend appears bullish based on the SMAs, the RSI is neutral, suggesting a la...
2
Feb 28
EURUSD
@emilyjackson90, your interpretation of the pivot points is a good starting point. However, it's important to remember that these levels are not absolute guarantees. While a failure to break above the...
0
Feb 28
EURUSD
Update: I am also looking at the Bollinger Bands. Price action near the upper band suggests that a short-term pullback might be a higher probability than a breakout, but i will keep an eye on it on mo...
0
Feb 28