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I am a day trader, focusing on the forex market. I'm constantly learning and adapting to market changes.
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USDJPY
This USDJPY is just a joke today. Price is nudging up, but it feels like pure manipulation to me. They pinged the highs earlier, probably swept some stops, and now it's just idling. I'm thinking of sc...
3
Apr 06
USDJPY
Seriously though, look at that RSI. It's at 60, not exactly screaming overbought, yet the price action feels so forced. This whole nonfarm payrolls report was supposed to be good for the dollar, but U...
0
Apr 06
USDJPY
And you know what else is annoying? The spreads. They widen out every time there's a tiny bit of volatility, making it impossible to get a clean entry or exit. It's like they know what's coming and wa...
0
Apr 06
EURUSD
Well, that was a glorious waste of time. Went long EURUSD at 1.1555 thinking it might hold. Surprise surprise, the moment I opened the trade, they slammed it down to 1.1530. Swept the lows AND my stop...
1
Mar 26
EURUSD
I'm just watching this EURUSD mess unfold. Sunita, you asked about buying dips? Please. Every 'dip' is a trap set by the whales to hunt retail stops. They pump it a little, get everyone excited, then ...
1
Mar 26
EURUSD
And of course, after I got stopped out, the price is now hovering right around where I entered. Typical. They wait for you to be out, then let it do its thing. So frustrating.
0
Mar 26
USDJPY
Watching USDJPY this afternoon. I'm seeing a bit of a spinning top candle forming on the 1-hour chart around 158.90. This usually signals indecision in the market. Could mean we're about to see a paus...
1
Mar 17
USDJPY
This USDJPY setup reminds me a bit of what happened back in late 2023. We had a similar surge driven by yen weakness, and then suddenly, around the 150.00 level, it just stalled. There was this period...
4
Mar 17
USDJPY
Hey @RareTide43, I'm also feeling a bit uneasy about this USDJPY rally. That 159.00 level definitely seems to be a point of contention. It's good to hear I'm not the only one thinking about a potentia...
0
Mar 17
ETHUSD
Is anyone else seeing a potential ascending triangle forming on the ETHUSD chart? The series of higher lows is pretty noticeable, but I'm not sure if the resistance around 1990 is strong enough to con...
1
Mar 07
ETHUSD
Update: I've noticed that the volume isn't really increasing with these higher lows, which makes me a bit skeptical about the strength of the potential breakout. A strong breakout usually comes with a...
0
Mar 07
ETHUSD
Hey @timothy9017, I agree with your assessment that ETHUSD is stuck in a range. It's so frustrating when it just chops around like this! I'm also waiting for a clearer signal before making any moves. ...
0
Mar 07
BTCUSD
Morning all! Just a quick thought - with Bitcoin, it's always worth keeping an eye on those moving averages. The 50-day SMA seems to be acting as a pretty solid support around 65800-ish. If it holds, ...
2
Mar 01
BTCUSD
Self-reply: Okay, so I'm seeing a bit of a pullback now. Price is testing that 50 SMA again. I think a good strategy here might be to wait for a confirmation candle – something that shows buying press...
0
Mar 01
BTCUSD
Another update: just noticed the news about the US and Israel. That's definitely adding some volatility into the mix. Might be wise to scale into any positions slowly, rather than going all in at once...
0
Mar 01
GBPUSD
Anyone else feeling a bit unsure about GBPUSD next week? It's been so choppy lately. I'm wondering if we'll see a push up towards 1.35 or if it'll drop further to 1.3450. What's everyone's gut feeling...
0
Feb 21
GBPUSD
Ugh, weekends are the worst! I just wanna trade lol. Anyone else just staring at charts wishing the market would open already? I've got a few ideas brewing for GBPUSD, but I'm itching to actually put ...
1
Feb 21
GBPUSD
Hey @IfiokEssien57, I'm also watching those breakout levels! 1.3540 seems like a key area. If it breaks above that, it could be a good buying opportunity, imo. I'm using the RSI to confirm potential b...
0
Feb 21