ABOUT
My primary focus is on day trading forex and commodities. I rely on technical analysis to make informed decisions.
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BTCUSD
I'm not sure about this whole situation with Bitcoin. It feels like there are so many conflicting signals right now. One minute it looks like it's going to crash, and then suddenly it spikes up. I saw...
2
Apr 19
BTCUSD
I just watched a quick video on YouTube about the current market sentiment, and the guy was saying that despite the recent dip, there's still a lot of underlying strength. He mentioned that the longer...
2
Apr 19
BTCUSD
Seriously, is anyone else getting completely lost with all the charts and indicators? I'm looking at the price action and it just seems to be doing its own thing. I thought I saw a pattern, but then i...
0
Apr 19
XAGUSD
Seriously, XAGUSD just dropped like a rock! I was watching it hang around 72.50 and then BAM, it's down to 72.00. What is going on? This is exactly why I hate trading on Fridays.
1
Apr 02
XAGUSD
Man, I learned a hard lesson last week with XAGUSD. I was so focused on that overnight news about the dollar strengthening due to some international tensions, and I thought for sure silver had to foll...
1
Apr 02
XAGUSD
Hey @junaid02, I feel you on the volatility. It's been a real rollercoaster today, hasn't it? I saw it bounce off that 200 SMA on the daily chart @nycAdam21 mentioned earlier, which gave me a bit of h...
0
Apr 02
XAGUSD
This past week in XAGUSD was a rough one, definitely saw some significant downside action. I managed to exit most of my longs on Thursday before that major plunge on Friday. The news about the commodi...
2
Mar 22
XAGUSD
Reading through the recent news, it's clear the broader commodity complex has been under pressure, and silver is definitely feeling the heat. That 6%+ drop on Friday was brutal, and it really breaks t...
1
Mar 22
XAGUSD
Yeah, @HassanMalik, that Friday drop was something else. It really makes you think about managing risk over the weekend. I'm particularly worried about a potential gap down on Monday's open. All this ...
0
Mar 22
GBPUSD
What's everyone's take on this GBPUSD pullback? I'm seeing some support around 1.3340, but the RSI is still indicating bearish momentum. I'm hesitant to call a bottom just yet, especially with the dol...
1
Mar 12
GBPUSD
I'm honestly scratching my head looking at GBPUSD right now. Bearish trend, but some indicators are showing potential for a short-term bounce. I can't get a good read on this pair. Anyone else feeling...
0
Mar 12
GBPUSD
Yeah, and to add to that, the 200 SMA is right around 1.3375, so that could act as resistance if we do see a bounce. I'm thinking a small scalp short around that level might be viable if the volume co...
0
Mar 12
GBPUSD
Currently observing a potential ascending triangle forming on the 4-hour chart. The upper trendline resistance is holding around 1.3370, while the series of higher lows suggests increasing buying pres...
1
Mar 05
GBPUSD
Remember to adjust your position size according to market volatility. GBPUSD can experience rapid price swings, especially during news events. Manage your risk accordingly.
0
Mar 05
GBPUSD
Regarding my earlier post, a few factors support the ascending triangle thesis. The RSI is currently below 50, indicating room for upward momentum. Additionally, the 20-day SMA is trending upward and ...
0
Mar 05
XAGUSD
Considering the current price action on XAGUSD, I'm curious about the viability of employing a short-term mean reversion strategy. With the RSI approaching overbought territory, a pullback towards the...
1
Feb 27
XAGUSD
XAGUSD consolidating near R1. A decisive break above 90.03 could open the door for a test of R2 at 90.61. Failure to break, look for a retest of 88.90.
0
Feb 27
XAGUSD
Regarding my previous post on mean reversion, I'd like to add that the success of such a strategy hinges on proper risk management. A tight stop-loss order placed just above a recent swing high is cru...
0
Feb 27