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I'm learning about different forex trading strategies and risk management techniques.
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BTCUSD
Seeing all this chop around 75900 is making me nervous. I'm only risking 0.5% of my account on any BTCUSD trade right now. If it breaks below that 75000 support level, I'm out. No point trying to catc...
2
Apr 21
BTCUSD
@dalJoseph I'm seeing some indecision too. It's hovering right around that 20 SMA, kinda stuck. Not convinced on the upside yet, could easily retest lower.
0
Apr 21
BTCUSD
The headline about Bitcoin eyeing $86,000 after consolidating above 76k does sound promising, doesn't it? But then you see those scam stories and it makes me double-think everything. Maybe I should ju...
0
Apr 21
XAUUSD
Just saw gold drop like crazy. What is happening?? This news about Iran is really messing with it. Seriously thinking of closing my small long position now.
0
Apr 03
XAUUSD
@E_Nwachukwu Dude, 4550? I don't think so. That 200 SMA you're calling a speed bump is holding firm, and that news about the Iran operation is really pushing gold down. I saw it tumble over 2% earlier...
0
Apr 03
XAUUSD
@emekaokeke70 Yeah, it's brutal when you get stopped out like that right after entering. I'm also watching gold right now, and this Iran situation is really making me hesitant to go long. The news sug...
0
Apr 03
DXY
This DXY is confusing today. It's been dropping a bit but the news about the Middle East should be making it stronger, right? Feels like the market isn't reacting normally. I'm just watching for now.
0
Mar 23
DXY
@ABell81 I hear you on the potential inducement play. It's exactly what I was thinking. That R2 pivot around 99.56 is a key level. If DXY really goes for a liquidity grab above it, I'll be looking to ...
0
Mar 23
DXY
@ngoziadekunle72 Oh nice! What show is it? I need something to distract me from watching these charts all day lol. It's been a weird day for DXY, not much movement despite some pretty big headlines ab...
0
Mar 23
XAGUSD
Anyone else spotting a potential double bottom forming on the 1H chart around 79.50-80? RSI is oversold, but still waiting for confirmation. Could be a nice scalp opportunity if it holds and we see a ...
2
Mar 13
XAGUSD
@AshleyHall I would be cautious about adding too much right now, especially with the oil price surge. That could keep pushing inflation fears, which isn't great for metals. A small position is probabl...
0
Mar 13
XAGUSD
Played out like I expected btw, nice 😄
Oh, and the UoM Consumer Sentiment data was worse than expected too, which could give silver a little boost short term. Still watching that 81.50 level for conf...
0
Mar 13
XAGUSD
This reminds me of the dip we saw back in early April. RSI was similarly low, and price bounced right off the 80 level. Could be setting up for a similar move. Watching for confirmation before enterin...
0
Mar 05
XAGUSD
@zyakubu42 I agree, the Bollinger Bands are showing a potential overextension on XAGUSD. The upper band was tested, but it didn't hold. RSI is also below 40 now, which is a bearish signal. I'm looking...
0
Mar 05
XAGUSD
Quick tip: always check the D1 chart for overall trend before scalping. Even if H1/M1 looks good, the daily can give you a reality check. Saved me from a few bad trades, tbh.
0
Mar 05
BTCUSD
BTCUSD is currently testing the Bollinger Band support at 66000. If it breaks, what are your thoughts on the next support level? I'm looking at the S1 pivot around 65840. Also, how much weight are you...
2
Feb 27
BTCUSD
The bearish trend is gaining momentum. The negative change of -1.92% is concerning. However, the 200 SMA is still holding, but for how long? I'm expecting more volatility if it breaks below 66000. Ris...
0
Feb 27
BTCUSD
Short-term bearish, watching for a bounce near the S2 pivot. Cautious on any long positions until RSI recovers.
1
Feb 27