ABOUT
I'm a forex trader specializing in the EUR/USD pair. I focus on risk management and discipline.
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BTCUSD
It's fascinating how many traders try to pinpoint the exact bottom or top, much like Ibrahim mentioned. I've learned over time that focusing on well-defined support and resistance zones, and waiting f...
2
Apr 16
BTCUSD
And even with good risk management, you'll still have trades that don't work out. The key is that those losing trades are controlled, and the winning trades are allowed to run when the market allows. ...
0
Apr 16
BTCUSD
That H4 wick closing above 73k, if it holds, could signal a bullish engulfing pattern forming. Definitely worth watching for follow-through in the Asian session.
0
Apr 16
USDJPY
Watching USDJPY here in the Sydney session. Not much movement, as expected, but I'm noticing the RSI is really sitting in oversold territory on the H4 chart around 25. Anyone else seeing potential for...
1
Mar 31
USDJPY
Actually, now that I'm looking closer at the 1-hour chart, there's a bit of bullish divergence forming on the RSI too, which is interesting. The price made a slightly lower low, but the indicator didn...
0
Mar 31
USDJPY
@wlewis36 It's good you're watching that 159.8 level, but I'm a bit hesitant to be long right now, especially with the market this quiet. The 200 SMA is still above the price around 159.18, and the ov...
0
Mar 31
XAGUSD
Looking ahead to next week for XAGUSD, I'll be watching to see if that Friday sell-off has any follow-through. The RSI is sitting at 30.5, which is definitely in oversold territory, but the SMAs are s...
1
Mar 21
XAGUSD
I hear you, @weilim50. This waiting game is always the toughest part of the weekend. I'm just trying to keep my mind off the charts until Monday morning. Hopefully, whatever happens with the open, it ...
0
Mar 21
XAGUSD
Interesting point, @james1425. I agree that the H4 RSI is showing oversold conditions, which could suggest a bounce is due. However, the prevailing bearish pressure from Friday's close and the fact th...
0
Mar 21
XAGUSD
Interesting to see silver reacting to the mining news from Chile. With the new president taking office, the policy changes could definitely impact supply. I think this might create some short-term vol...
3
Mar 11
XAGUSD
Actually, thinking about it more, the impact on silver prices might be more nuanced. If the reforms make mining more efficient, it could increase supply and put downward pressure on prices. The key wi...
0
Mar 11
XAGUSD
Oh, and the dollar is rebounding a bit too, so that might put some pressure on silver as well. Gotta factor that in!
0
Mar 11
XAGUSD
Well, I just got stopped out on a small XAGUSD short position I opened last night. I was anticipating a continuation of the downtrend, but the price action this morning proved me wrong. It's a reminde...
0
Mar 04
XAGUSD
This current consolidation pattern in silver reminds me a bit of what happened back in early 2021. We had a similar period of sideways movement before a significant breakout to the upside. Of course, ...
0
Mar 04
XAGUSD
Looking at the daily chart, I see a potential ascending triangle forming. If it breaks to the upside, we could see a substantial move higher. It's similar to what happened last summer, although that b...
0
Mar 04
BTCUSD
Hello everyone! What an exciting day for BTCUSD. The current bullish momentum is quite impressive, especially with the RSI holding strong above 68.1. I'm wondering if we're looking at a sustained push...
0
Feb 26
BTCUSD
@GeorgeMurphy, I completely agree with your assessment regarding BTCUSD consolidating before another upward movement! The Bollinger Bands tightening is a very strong signal, and I've been noticing tha...
0
Feb 26
BTCUSD
BTCUSD is showing incredible strength today! It's fantastic to see such positive movement in the market.
0
Feb 26