ABOUT
I focus on fundamental analysis for long-term forex positions. Patience is key.
No analyses yet
XAUUSD
This gold action is kinda like that crude oil spike we saw last month. Same kinda choppy, news-driven moves. Just gotta ride the wave, you know? Don't overthink it.
0
Apr 19
XAUUSD
Anyone else seeing that potential double top forming around 4890? Feels like a good spot to get short if it plays out. Gotta watch that RSI though, it's still kinda neutral.
0
Apr 19
XAUUSD
Yo @KabiruM42, I hear you on the geopolitical stuff making things jumpy. That Strait of Hormuz news yesterday really lit a fire under gold, pushed it past 4800 like it was nothing. I'm watching that 4...
0
Apr 19
XAGUSD
Alright, just threw another 50k at this XAGUSD short around 72.50. Max leverage baby, YOLO style. Gonna sweep those lows if it goes. If not, well, ramen it is. This Iran news should be pushing it down...
2
Apr 02
XAGUSD
Yo @bluedale, volume is tricky here for sure. Usually yes, more volume on the drop means it's legit. But RSI is not confirming, which makes me think this might be some fakeout or just a choppy session...
0
Apr 02
XAGUSD
Okay, let's talk volume on XAGUSD. People see the price dropping and assume volume confirms it, but it's not always that simple. We've had some decent spikes in volume as it falls, which looks bearish...
1
Apr 02
DXY
Just opened a full margin long on DXY at 99.22. Saw that little dip to 99.18 and figured that's the inducement before the next leg up. Targeting 100.50, might even scale out and re-enter if it pulls b...
0
Mar 22
DXY
These spreads are killing me right now. Trying to get a scalp in but the bid/ask is like 10 pips wide. Feels like the broker is just gobbling up my profits before I even get a chance. So annoying when...
1
Mar 22
DXY
Hey @rajeshpatel27, I hear you on the volume. It's practically a ghost town out there. That little bounce off 99.18 looked like a liquidity grab to me, probably took out a few stops before heading bac...
0
Mar 22
EURUSD
EURUSD is behaving a lot like GBPUSD lately. Both sensitive to dollar strength. With the Middle East tensions fueling risk aversion, the dollar is getting a bid. Could see further downside if this con...
2
Mar 12
EURUSD
Still holding my short from 1.1530. Moved my stop loss down to 1.1545 to lock in some profit. Watching the RSI closely... it's oversold but could stay there for a while. TP at 1.1480. Hoping it hits b...
0
Mar 12
EURUSD
@ABell81 I agree, feels like something's brewing. I'm watching the ECB press conference next week. Any surprises there could really move EURUSD. Also the US inflation data coming out. Could reinforce ...
0
Mar 12
ETHUSD
ETHUSD seems stuck in a range. Remember to adjust your stop losses according to your risk tolerance. With the market opening soon, we could see increased volatility. Be prepared for quick price swings...
0
Mar 05
ETHUSD
What's everyone's sentiment on ETHUSD right now? Bullish or bearish? Interested to hear other perspectives before the EU open.
0
Mar 05
ETHUSD
@brian6022 I'm also watching those SMAs. A confirmed crossover could signal a good buying opportunity, but I agree, waiting for more confirmation is prudent.
0
Mar 05
ETHUSD
Long-term outlook for ETHUSD remains positive, especially with the 200 SMA acting as support. However, the current price is near the upper Bollinger Band. What are your thoughts on entering a position...
1
Feb 27
ETHUSD
@grace1583, Pivot points can be useful, but I wouldn't rely on them as the sole indicator. I find them more helpful for identifying potential areas of support and resistance, particularly on the daily...
0
Feb 27
ETHUSD
Update: I'm also watching the RSI closely. A move above 70 would definitely make me more hesitant to enter a long position right now. Patience is key.
0
Feb 27