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Trading in Forex and Crypto. Always learning new strategies and improving my risk management.
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XAUUSD
Just closed my 100x leverage long on XAUUSD from 4700. Absolutely insane move overnight, banked over 100% on my account balance in a few hours. This is why we trade, boys! Anyone else catch this rocke...
1
Apr 08
XAUUSD
@thomas7639 Man, stop hunting at 4640? I'd be looking to go long right after that sweep, gotta be a trap. The overnight news with Iran pushing us up to 4800+ confirms the bullish bias for me.
0
Apr 08
XAUUSD
Woke up and saw XAUUSD gapped up hard, gotta love that Iran news pushing us past 4800. I've got a position open from 4750, just trailing my SL to break even at 4780 now. If we can hold this 4800 level...
1
Apr 08
EURUSD
Seeing a potential inverse H&S on the H4 EURUSD chart, with the right shoulder forming near the 1.1500 support level. RSI is also hovering around 43, which could indicate some room for an upward move ...
1
Mar 27
EURUSD
Hey @AbigailHill, good call closing that short. I was watching EURUSD too, and yeah, it felt like it was just grinding lower without much conviction before the dollar strength really kicked in. That o...
0
Mar 27
EURUSD
Honestly @cbrown363, I don't think it's that slow, just requires a different approach. While you're waiting for big moves, I'm scalping the range. But I get what you mean, the lack of clear trend is a...
0
Mar 27
DXY
Watching DXY break above 100 has me adjusting my position sizing. Given the RSI is so high at 78, I'm taking a smaller than usual size on any new long entries. I'm not trying to fade this strength yet...
2
Mar 18
DXY
@michael8284 That RSI reading is definitely something to watch. While momentum is strong, extreme readings like that often precede a correction, even in a strong trend. I'd be cautious about going too...
0
Mar 18
DXY
Well, my DXY long at 99.85 got stopped out. Price action reversed hard at the R1 pivot just as I thought it might. Lost about 0.5% on that trade. Definitely need to re-evaluate my entry criteria when ...
1
Mar 18
XAUUSD
Another weekend, another round of staring at charts that won't move. Seriously considering just switching to backtesting for a few hours to kill time. At least then something will be happening, even i...
1
Mar 08
XAUUSD
@amelia2174 I agree that RSI is high, but the overall trend still looks bullish to me. I'm leaning towards a breakout of the 200-day SMA before any major correction.
0
Mar 08
XAUUSD
@mumNeha I'm also watching that 200 SMA on the D1. If it breaks decisively, we could see a decent run. However, with the Canadian economy news potentially impacting USD strength, a gap down on monday ...
0
Mar 08
EURUSD
Currently holding a short position on EURUSD from 1.1780. Seeing some resistance at the 20 SMA, but the overall bearish momentum seems strong. I've adjusted my stop loss to 1.1790 to minimize risk. Wa...
0
Mar 02
EURUSD
Just got stopped out on my EURUSD short at 1.1775. Initial analysis was based on the bearish trend and resistance at the 50 SMA on the H4 chart. However, the price action was too volatile, and I faile...
1
Mar 02
EURUSD
@SureshN18 I wouldn't be too bullish just yet. The overall trend is still bearish, and the 50 SMA is acting as a significant resistance level. Keep an eye on the RSI; it's currently in oversold territ...
0
Mar 02
XAUUSD
XAUUSD showing strong bullish momentum, currently trading around 5147. A break above R1 at 5162.27 could signal further upside. However, RSI is approaching overbought territory, so a pullback is possi...
0
Feb 23
XAUUSD
@TimothyThompson Interesting point about RSI divergence on the D1 chart. I've used RSI for confirming entries, but haven't specifically backtested divergence on XAUUSD. Will definitely add that to my ...
0
Feb 23
XAUUSD
Linda, I agree the market's feeling risk-on, but it's crucial to remain cautious with XAUUSD. Gold can reverse quickly. The SMA20 at 5098 acted as good support. I think the current rally might be shor...
0
Feb 23