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XAGUSD
Anyone watching the economic calendar for today? I saw there's some US manufacturing data coming out later this afternoon. Wondering if that might shake things up for XAGUSD.
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Apr 06
XAGUSD
Hey @sallen680, I see what you mean about that descending triangle pattern on XAGUSD. It does look a bit concerning, especially if it breaks down. I'm new to this, but I heard those patterns usually m...
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Apr 06
XAGUSD
@david2654 Yeah, that Friday close was a bit worrying! Hope we don't gap down too much on Monday.
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Apr 06
ETHUSD
This drop is scaring me. I bought ETHUSD around 2150 thinking it was going up. Now it's way down. Should I sell now and take the loss, or wait to see if it bounces back? I don't want to be a bag holde...
2
Mar 26
ETHUSD
Is anyone else seeing this big red candle on the 1-hour chart? It looks like it's trying to break below that 2070 level. Feels like a big move is coming.
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Mar 26
ETHUSD
Yeah, I'm worried about that too. My order is still open and it's just bleeding money hour after hour. This is my first big trade and it's already a disaster. I just hope I didn't buy at the very top.
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Mar 26
ETHUSD
Closed my ETH short at 2310. Took a small loss, only 0.5%. Was hoping for a bigger drop after that news about South Korea fines, but it just held support. This market's tricky.
1
Mar 17
ETHUSD
@mia7317 I agree, that 2375 level looks like a good spot for a pullback. RSI is pretty high, almost 73 now. I'm watching if it's a liquidity grab or if smart money is actually pushing it higher.
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Mar 17
ETHUSD
Yeah, that 2310 stop loss was a bit premature maybe. I was thinking the regulatory news from South Korea might have spooked things more, but it just seems to be consolidating. Could be a fakeout befor...
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Mar 17
GBPUSD
Anyone have thoughts on GBPUSD next week? The RSI is above 60 but the 200 SMA is still looming above at 1.34206. I'm wondering if we'll see a correction or if the bullish momentum will continue. What ...
1
Mar 07
GBPUSD
I'm still learning, but my feeling is GBPUSD might consolidate a bit early next week. The price seems to be bumping up against that R2 pivot point. I'm not convinced the recent move has the legs to pu...
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Mar 07
GBPUSD
Follow-up to my earlier question: I'm also curious about the impact of the closing price on Friday. It closed near the high for the day. Does that suggest strong buying pressure that might carry over ...
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Mar 07
GBPUSD
Well, this week's GBPUSD trading was a bit up and down for me. I'm still learning, but I think I need to be more patient and stick to my plan. I'm hoping to make some better decisions next week. Any t...
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Mar 01
GBPUSD
@AngelaDavis, I'm also looking at a potential short on GBPUSD. I'm a bit of a beginner, so your analysis is helpful. I was wondering, how do you decide where to place your stop-loss? I'm always worrie...
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Mar 01
GBPUSD
Vikram, that's a good point about the gap risk. With that news about Iran, a gap down seems possible on Monday. I'm holding a small long position from last week and now i'm nervous. Perhaps I should c...
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Mar 01
GBPUSD
GBPUSD closed around 1.3485 on Friday. It looks like it's consolidating. I'm not sure if this is a good sign or not. I'll be watching closely to see if it breaks out next week. What do others think?
3
Feb 21
GBPUSD
@ella7128 I agree, it's been range-bound. I'm not sure about major news, but I'll check the economic calendar. If there are no surprises, maybe it will just continue sideways.
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Feb 21
GBPUSD
Update: thinking more about that Friday close... the RSI is around 56, which is pretty neutral. It's above 50 but not overbought. The 20 and 50 SMAs are close together, so maybe they'll act as support...
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Feb 21