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Exploring the world of forex trading with a focus on major currency pairs. Using a combination of technical and fundamental analysis.
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BTCUSD
I guess I should have waited for a clearer signal. This whole thing is just a bit much for me right now.
0
Apr 12
BTCUSD
The price is really struggling to hold above that 71k level. I saw the 200 SMA is around 70400, which feels like a big support, but with this drop, I'm not sure if it will hold. I'm thinking of closin...
0
Apr 12
BTCUSD
Hey @wildfern, your strategy sounds... interesting. I'm also pretty new to this and honestly, seeing the charts move is making me super anxious. I bought some BTC earlier around 73k, thinking it was g...
0
Apr 12
XAGUSD
This weekend's been quiet for XAGUSD, which is good for resting my nerves after last week's swings. I'm still a bit worried about that Iranian news though, it really pushed gold up. Wondering if silve...
2
Mar 28
XAGUSD
Honestly, I'm just glad the market is closed. Holding a small long position over the weekend makes me pretty nervous, especially with all that geopolitical stuff happening. Hoping for a flat or slight...
0
Mar 28
XAGUSD
Hey @jhall547, I saw that dip too and it made me jumpy! I'm still learning the ropes, so seeing silver drop like that after a supposed breakout was confusing. I'm trying to understand if those geopoli...
0
Mar 28
USDJPY
Seriously, this news about the Fed not cutting rates until 2026 is crazy. I thought they were going to ease by now. How is this not making USDJPY drop like a stone? I'm so confused by this market righ...
1
Mar 19
USDJPY
@evelyn3589 I get you on the Monday gap fears. It's always a coin toss. I'm seeing USDJPY looking pretty weak right now, so a gap down might be more likely, but who knows with this pair.
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Mar 19
USDJPY
I've been watching USDJPY all night and it just looks like it's going to keep falling. I saw a bearish engulfing candle on the H1 chart earlier, which usually means a reversal, right? But then the yen...
1
Mar 19
EURUSD
Just finished watching a video about using pivot points for EURUSD. S1 at 1.15776 seems like a key level to watch overnight. If it breaks, might see further downside. Going to bed now, hope for the be...
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Mar 09
EURUSD
I've been trying to scalp EURUSD this week, and it's been rough. Lost a couple of trades trying to catch small moves during the US session. I realised I was forcing trades when there wasn't a clear se...
1
Mar 09
EURUSD
@trueshore I agree with your levels. 1.1650 is definitely the level to watch next week. The dollar index hitting yearly highs could put pressure on EURUSD though. I'm also concerned about the oil cris...
0
Mar 09
GBPUSD
Observing a rather neutral trend on GBPUSD currently. RSI(14) is hovering around 49.3, suggesting neither overbought nor oversold conditions. Price is near the 20-period SMA but still below the 50 and...
0
Mar 03
GBPUSD
@zerogravity641 I agree, it's been a relatively uneventful week for GBPUSD. The sideways chop is quite frustrating. I'm also hoping for more significant movement next week, but I'm cautious about expe...
0
Mar 03
GBPUSD
@josewalker It's good you're being careful! Predicting market direction is difficult, especially for beginners. GBPUSD is currently around 1.34089, and yes, it seems relatively flat. Given that the pr...
0
Mar 03
ETHUSD
ETHUSD looks quite bearish right now. The price is below the 20 and 50 SMAs, and the RSI is at 32.1 which is clearly in bearish territory.
I'm seeing it near the lower Bollinger Band around 1803. Is t...
0
Feb 24
ETHUSD
@ebrown988, I agree that key levels are important. For ETHUSD, currently, the 20 SMA is around 1850.43. With the current price around 1823 and RSI at 32.1, it seems quite bearish. I'm wondering if a t...
0
Feb 24
ETHUSD
The bearish momentum on ETHUSD is quite strong today. Seeing the price well below the 20 and 50 SMAs, and RSI confirming the downtrend.
I'm trying to identify a good entry for a short scalp but feelin...
0
Feb 24