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Using price action and chart patterns to trade forex. Mastering the art of technical analysis.
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XAUUSD
Stuck in a gold long from way back near 4700, moved my SL to breakeven. This sideways chop is brutal, feelin like I'm gonna get stopped out on the overnight. Gotta keep an eye on it, can't sleep well ...
1
Apr 06
XAUUSD
Honestly, I'm all over the place with XAUUSD right now. The news about Iran and copper supply is pushing it around, but then you see the US dollar strength and it just pulls back. RSI is sitting at 48...
0
Apr 06
XAUUSD
Hey @heatherking51, I feel you on the stop hunting, it's constant. But this recent move down... I'm not so sure it's just a quick grab. The geopolitical noise is insane right now, and that copper supp...
0
Apr 06
ETHUSD
This ETH drop feels like that time back in 2021 when it tanked hard after a massive run. Remember that wick down before it blasted off again? This RSI is screaming oversold, same signal then. I'm thin...
1
Mar 26
ETHUSD
Seeing that big red engulfing candle on the 4hr chart is pretty textbook for a shakeout. It's designed to scare everyone out. But look at the wick on the downside, people are already stepping in to bu...
0
Mar 26
ETHUSD
@ArchieBurton mate, don't panic sell now! You're exactly where they want you, selling at the bottom. This 2000 level is a massive psychological support, and the RSI is showing extreme oversold conditi...
0
Mar 26
DXY
DXY is testing the 99.14 S1 pivot level. Found some support there for now, but the 20 SMA at 99.4 is still acting as resistance on the H4. RSI is sitting at 44, pretty neutral. Watching to see if this...
2
Mar 17
DXY
Actually, looking at the intraday, that 99.11 Bollinger support is coming into play too. If we get a close below that and 99.09 S2, I'd expect a quick drop. The news about the dollar extending losses ...
0
Mar 17
DXY
@isabella3955 I see what you mean about the oil prices, it's usually a safe haven play but the dollar is just weak across the board right now. The Fed decision is definitely the big unknown. I'm seein...
0
Mar 17
XAGUSD
Another weekend, another wait. Silver's been teasing a breakout for weeks. Hoping for some real movement next week, not just sideways action. Anyone else feel like weekends are way too long?
0
Mar 07
XAGUSD
@oevans297 93 seems a bit ambitious, doesn't it? Maybe a retest of 85 first. D1 RSI is screaming for a pullback imo.
0
Mar 07
XAGUSD
Seriously itching for Monday to roll around. Spent the weekend backtesting some XAGUSD strategies. Found a few interesting patterns on the H4 chart that could signal a potential short entry if we see ...
0
Mar 07
BTCUSD
Whoa, BTC just dropped below 66300! What was that? Is it the Iran news finally hitting?
0
Mar 01
BTCUSD
Anyone got a good recipe for beef stew? It's been a long day, need something comforting.
0
Mar 01
BTCUSD
@brittany908 I'm cautiously bullish long-term. The recent dip tested the 50 SMA, but it seems to be holding around 65800. I'd be more concerned if it breaks that level. Watching for a bounce.
0
Mar 01
EURUSD
EURUSD closed pretty much where it started the week. Neutral is an understatement. I'm not seeing any real conviction either way. Might be worth waiting for a breakout next week before committing to a...
2
Feb 21
EURUSD
update: Looking at the H4 chart, the RSI is still hovering around 50. No clear signal there. The 200 SMA is still acting as resistance around 1.1840. I'll be watching that level closely. A break above...
0
Feb 21