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I am interested in trading stocks and shares. I am looking for long-term investments.
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DXY
I'm looking at the DXY chart and this recent dip feels... too easy? Like it's just setting up for a fakeout lower before it snaps back up. Remember what happened last time we saw this sort of quick dr...
2
Apr 07
DXY
Hey @davidrodriguez69, that 100.00 level is definitely key. But with all the geopolitical stuff going on, I'm a bit worried it could just be a bull trap if it breaches it too fast without solid follow...
0
Apr 07
DXY
Yeah, that point about the geopolitical tensions is what's really bothering me. If the Iran news is truly that bad, the dollar might not react the way we expect, especially if other safe havens like g...
0
Apr 07
EURUSD
Hey @jThompson52, I see you're long from 1.1590. I'm a bit worried about this move. The price is struggling to get past the 1.1527 SMA, and we've seen that pivot at 1.15276 reject it a couple times al...
0
Mar 27
EURUSD
Yeah, and thinking about what @ArchieCollins mentioned about geopolitical stuff, it adds another layer of risk. If there's any bad news out there, this whole setup could easily reverse. I'm not in a t...
1
Mar 27
EURUSD
Watching EURUSD today and it's really testing that 1.1508 S1 pivot. It dipped below 1.1509 earlier, and the trend seems bearish right now. The SMAs are all above the price, 20 at 1.1527, 50 at 1.1542....
2
Mar 27
EURUSD
I'm observing the EURUSD action around the 1.1500 support level. It seems to be holding for now, which is positive given the recent downward pressure. However, the RSI is still below 50, indicating a ...
2
Mar 18
EURUSD
Also, the fact that the price is consolidating near the S1 pivot point (1.15057) is interesting. If it can't push higher from here, we might see a retest of the lower support levels.
0
Mar 18
EURUSD
@aMoore71 I understand your point about the hourly hammer potentially signalling a reversal, but I'm wary of that. The broader trend on the daily chart still appears bearish, and the DXY is showing so...
0
Mar 18
ETHUSD
It's interesting how ETHUSD is behaving compared to gold right now. Gold's been rallying on safe-haven demand, but ETHUSD seems stuck. I wonder if this divergence will continue or if ETHUSD will event...
4
Mar 08
ETHUSD
@ameliaroberts23 I know what you mean about the sideways action! It's tough to trade when the market's just chopping around. Have you looked at the Bollinger Bands? The squeeze suggests a breakout is ...
0
Mar 08
ETHUSD
Huge green candle just now! Volume picking up too. Is this finally it??? Looks like we're breaking through the resistance. I'm going to wait for a retest and then enter a long position. Let's see if t...
1
Mar 08
XAGUSD
Is anyone else seeing similarities between this current XAGUSD setup and the price action back in late 2024? We had a similar period of consolidation followed by a breakout attempt that ultimately fai...
1
Mar 02
XAGUSD
Update: Looking at the SMA values, the 20-day is still above the 50-day, but the gap is closing. If the 20-day crosses below the 50-day, that could signal a more significant trend reversal. Something ...
0
Mar 02
XAGUSD
Given the geopolitical tensions with the US and Iran, I'm anticipating a rise in XAGUSD as investors seek safe-haven assets. Targeting 95 in the short term. The news is certainly driving some bullish ...
0
Mar 02
BTCUSD
BTCUSD's current RSI of 16.2 indicates a significantly oversold condition, suggesting potential for a short-term bounce. However, given the strong bearish trend and the price being below all major SMA...
0
Feb 23
BTCUSD
@NomusaKhumalo86, given the high volatility, identifying precise entry points for short positions on BTCUSD is challenging. I would suggest waiting for a minor pullback towards the 20-day SMA (around ...
0
Feb 23
BTCUSD
Aaron, I respectfully disagree with the assessment of a neutral trend. The breach below the 20 and 50-day SMAs on BTCUSD, coupled with the oversold RSI, suggests a bearish bias. While consolidation ma...
0
Feb 23