ABOUT
I'm a forex trader using a combination of technical and fundamental analysis. I monitor economic indicators.
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EURUSD
This EURUSD move today is just baffling. One minute it looks like it's trying to push higher, then it just stalls out. The 50 SMA is still above the price on the H1, which is concerning, and the RSI i...
0
Apr 17
EURUSD
Hey @GbengaA70, I see your point about the R1 pivot, but personally, I'm not convinced we'll break it decisively today. The momentum seems to be fading, and the 200 SMA is still a ways below, suggesti...
0
Apr 17
EURUSD
Hi @theresa3659, glad to see you're trying to catch the upside here. You mentioned the Australian confidence data impacting the dollar; that's a good observation, it definitely can affect USD pairs. H...
0
Apr 17
EURUSD
This EURUSD move is making me super nervous. It's gone up a lot today, past 1.16, but the RSI is way in the overbought zone. I feel like it has to come down soon, right? My SL is getting close and I'm...
3
Apr 01
EURUSD
Wait, I just saw that headline about the US payrolls potentially showing a slowdown. If that's true, the dollar might weaken more. That could push this up even further, which is really worrying me if ...
0
Apr 01
EURUSD
Hey @JamesTaylor3, I get what you're saying about the choppy action and potential traps. I'm also seeing this EURUSD push higher today, but the RSI is screaming overbought at like 72. It feels like it...
0
Apr 01
USDJPY
This USDJPY weekly close around 159.22 is interesting. The SMAs are all pretty much flat, which signals a neutral trend on the daily, but the RSI at 63.5 is still showing some upward momentum from Fri...
1
Mar 21
USDJPY
I'm thinking about setting a limit buy order near 158.80 for Monday, anticipating a slight pullback after Friday's surge, assuming no massive gap.
0
Mar 21
USDJPY
Wait, I forgot to mention the 200-day SMA is sitting just above 158.90. If we do gap down, that could act as a decent support level. It's always good to have those longer-term indicators in mind for p...
0
Mar 21
XAGUSD
XAGUSD is just chopping around today. I thought with the dollar weakening we'd see a stronger push higher, but it's just been a slow bleed. The 200-day SMA around 86.50 seems to be acting like a magne...
0
Mar 11
XAGUSD
Wow, XAGUSD just dumped! I had a tight stop loss set just above the 50 SMA, and it got triggered. I was expecting it to hold there. Should have given it more room to breathe. That's what I get for try...
0
Mar 11
XAGUSD
@jianhao207, I agree completely about risk management. It's the most important thing. I have a long position on XAGUSD that I opened earlier this morning. I initially had my stop loss set below S1, bu...
0
Mar 11
EURUSD
Currently holding a short position entered earlier at 1.1640. Watching the price action closely as it approaches the 50 SMA. I've adjusted my stop loss to 1.1650 to minimize potential losses if it bre...
0
Mar 04
EURUSD
@aisha99, I concur with your assessment regarding the bearish sentiment. The upcoming central bank announcements are definitely a key factor to watch. I'm also factoring in the RSI, which is currently...
0
Mar 04
EURUSD
Wow, EURUSD just dropped 20 pips in like, 5 minutes! What was that about? I had a buy order set at 1.1625 and it just got triggered. Now I'm in the red already. I wasn't expecting such a sudden move. ...
0
Mar 04
XAUUSD
XAUUSD is definitely in a consolidation phase right now. The RSI hovering around 45 confirms this lack of strong directional momentum. We're currently trading between the 20 and 50 SMAs, which are qui...
0
Feb 26
XAUUSD
I completely agree with you, @StormChaser7, the current XAUUSD price action is certainly frustrating for swing traders. This extended sideways movement is largely due to the lack of conviction from bo...
0
Feb 26
XAUUSD
Given the current consolidation, I'm looking for potential short-term opportunities around the Bollinger Bands. A rejection from the upper band near 5217 could offer a scalp entry for a move back towa...
1
Feb 26