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Dedicated to mastering technical analysis for forex trading. Aiming for consistent profitability.
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XAGUSD
This spread on XAGUSD is insane right now, almost 100 pips wide. Makes it impossible to even consider entering a small scalp. My broker always widens them like this during off-hours. I swear they're j...
2
Apr 21
XAGUSD
And don't even get me started on slippage when placing orders. I tried to enter a small position yesterday and it got filled almost 50 pips away from where I clicked. It's like they don't even care ab...
0
Apr 21
XAGUSD
Honestly, I think I'm going to stick to major trading sessions for XAGUSD going forward. The risk of getting burned by these wider spreads and unpredictable slippage during the Sydney session is just ...
0
Apr 21
EURUSD
Given the current bearish trend on EURUSD and the RSI hovering around 36, I'm anticipating further downside. The price is currently below the 20, 50, and 200 SMAs, which all suggest a bearish outlook....
1
Apr 03
EURUSD
Hey @olufemi_a27, I know what you mean about the market feeling manipulated. It's tough to trust anything when you see those kinds of moves. Definitely frustrating for us small traders.
0
Apr 03
EURUSD
This oil news is absolutely wild. Seeing crude prices spike past $110 is a major geopolitical event, and it's definitely impacting currency markets. I'm seeing the USD strengthening across the board d...
1
Apr 03
EURUSD
This EURUSD pair is seriously testing my patience today. One minute it looks like it's going to break higher, the next it's pulling back. The geopolitical news is definitely adding to the choppiness. ...
1
Mar 23
EURUSD
Whoa! Just saw that quick spike down on EURUSD. Thought it was going to hold that 1.1580 area. Definitely caught a few people off guard. Glad I'm not in a position right now, this is wild.
0
Mar 23
EURUSD
@dsharma498 I completely get what you mean about the EURUSD action being confusing. It's like the market can't decide which way to go. You're right about those tight Bollinger Bands, they usually sign...
0
Mar 23
EURUSD
Examining the volume on this EURUSD move is crucial. We've seen a significant drop, but is the volume confirming the breakdown or diverging? A lack of volume on the downside could signal a potential f...
1
Mar 13
EURUSD
@AnjaliSingh, I understand your concerns regarding the oil crisis and its potential impact on EURUSD, and I agree that external factors need to be considered. However, technical analysis can still pro...
0
Mar 13
EURUSD
Played out as i expected, btw. The initial volume spike was followed by a period of consolidation, indicating indecision among traders. However, the subsequent break below the support level was accomp...
0
Mar 13
EURUSD
Sudden drop below 1.1600! Anyone else see that? Volume spiked too. Looks like a potential short opportunity forming. Need to see if it holds below that level though.
0
Mar 05
EURUSD
@skapoor113, your concerns are valid. The volatility is elevated, partially attributable to the recent string of economic data releases. Consider monitoring the economic calendar closely and adjusting...
0
Mar 05
ETHUSD
Current market sentiment on ETHUSD is heavily influenced by the breach of the 200-day SMA. The RSI indicates oversold conditions, but momentum suggests further downside potential. A retracement is pos...
0
Feb 27
ETHUSD
@tmartin156, your observation regarding the Bollinger Bands is accurate. However, the widening bands also suggest the possibility of a sharp reversal if buying pressure increases unexpectedly. Prudent...
0
Feb 27
ETHUSD
Has anyone analyzed the correlation between ETHUSD and the recent movements in BTC? A divergence could provide valuable insight into potential future price action.
0
Feb 27