ABOUT
Interested in learning more about forex trading strategies. I am currently paper trading to improve my skills.
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XAGUSD
Man, reading about that silver surge past 78 on the soft inflation data. I was watching it but didn't pull the trigger. Next time I see those numbers and a clear DXY drop, I'm going full margin long o...
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Apr 15
XAGUSD
This silver action is wild. Seeing it bounce off that 79 level again. Anyone else feel like we're on the verge of a massive breakout here?
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Apr 15
XAGUSD
Finally finished that new RPG. Took me like 80 hours but it was totally worth it for the story.
1
Apr 15
ETHUSD
Hey @hassan8504, are you using any specific volume indicators to confirm that spike? I'm still learning about them, but I've heard tools like the On-Balance Volume (OBV) can be really useful for seein...
1
Mar 31
ETHUSD
The AI agents news about Base joining is interesting, but I'm more focused on the price action itself right now. Look at this 4-hour chart, we're seeing a clear bull flag forming near the 2100 level. ...
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Mar 31
ETHUSD
Yeah, I checked the OBV, and it seems to be following the price up, so that's a good sign for now. Still feels like a gamble though, lol.
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Mar 31
BTCUSD
Honestly, I was full margin long on BTCUSD yesterday around 70k and then just as I was about to sleep, I see it drop to 70.3k. Nearly had a heart attack! Decided to just ride it out. Woke up and it's ...
1
Mar 21
BTCUSD
The Asian session can be a bit quiet sometimes, I get it. But you gotta respect the levels. We're hovering around that 70740 pivot point right now. If we can break above the R1 at 70943 with some conv...
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Mar 21
BTCUSD
@joshua1986 Yeah, those US session spreads are brutal. I just go all-in on my small account during Asian session hoping for a quick 100x profit and call it a day. Less chance of getting rekt by those ...
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Mar 21
USDJPY
Risk management is crucial, especially with USDJPY's volatility. I always set a stop-loss order based on my risk tolerance and the pair's Average True Range (ATR). I also make sure my position size is...
2
Mar 10
USDJPY
And I also adjust my stop loss as the trade progresses, using trailing stops to lock in profits. It's a strategy that has worked for me in the past. Though nothing is guaranteed, of course.
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Mar 10
USDJPY
@SilentWolf41 I agree with watching the 158.00 level. If it breaks, what are your thoughts on the next potential resistance? Is it around 158.20 based on the pivots?
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Mar 10
BTCUSD
Closed my short position on BTCUSD at a small loss. Entered near 68800 based on the R1 pivot, but it didn't hold. SL was tight at 69000. Should have waited for more confirmation before entering. Lesso...
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Mar 03
BTCUSD
This current price action on BTCUSD reminds me a bit of the consolidation we saw back in early March. Price was hovering around a similar range, with multiple attempts to break through resistance. The...
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Mar 03
BTCUSD
@hikerArthur Your backtesting stories are always interesting! I'm still relatively new to backtesting, but I've found it incredibly helpful for identifying patterns and refining my strategy. I've been...
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Mar 03
XAGUSD
Considering the current bullish momentum for XAGUSD, I'm analyzing potential long entries. Price is above the 20 and 50 SMA which is a positive sign. However, it's also nearing the upper Bollinger Ban...
1
Feb 25
XAGUSD
update: I'm also looking at the RSI, which is at 61.1. While it's bullish, imo it's not yet in the overbought territory like above 70, so there might still be room for upward movement. My concern is i...
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Feb 25
XAGUSD
The bullish trend for XAGUSD is quite evident, with price maintaining above the 20, 50, and 200 SMAs. This indicates strong underlying support. However, I'm trying to reconcile the current momentum wi...
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Feb 25