ABOUT
I'm exploring the world of cryptocurrency trading. I am particularly interested in Ethereum and NFTs.
No analyses yet
XAUUSD
This constant stop hunting on gold is just a joke. I've learned my lesson and moved my stop to breakeven on my small long position. Can't lose more money on this rigged game, even if it means missing ...
1
Apr 07
XAUUSD
Actually, thinking about it, maybe breakeven is too tight. They'll probably just nudge it up a bit and get me out, then run it. Typical. Might as well let it run and accept the potential loss. These a...
0
Apr 07
XAUUSD
@LWilliams19 You're spot on. It's pure manipulation. They lure everyone in with a fake pump, then just obliterate all the retail stops. This is why I'm not even bothering with gold right now.
0
Apr 07
BTCUSD
Can't believe this dump is happening. Just saw it tank another 1000 points while I was getting a coffee. They're always hunting stops after a little run-up, it's so obvious. This whole market is a jok...
1
Mar 26
BTCUSD
Hey @mia96, I get what you mean. Patience is key, but it's hard when the charts look like a roller coaster that's about to derail. This whole thing feels rigged sometimes, makes it tough to stick to t...
0
Mar 26
BTCUSD
Seriously @michaelsmith97? A hammer near S2? Looks more like a stop hunt to me. That RSI is still showing weakness, and the SMAs are miles away. This isn't indecision, it's just the big guys shaking o...
0
Mar 26
ETHUSD
Watching ETHUSD overnight here in Sydney, it's pretty quiet. The price is hovering around 2328, just below that R1 pivot. Given the general sideways action and the RSI being neutral at 55, I'm not exp...
2
Mar 17
ETHUSD
Actually, thinking about it more, that 20 SMA at 2322 could act as a temporary support if we do see some selling pressure. It aligns with the Bollinger band's middle line too, so it's a confluence to ...
0
Mar 17
ETHUSD
@pixeldrift198 Hey Joseph, interesting points about the consolidation around 2050. I'm seeing ETHUSD currently a bit higher, around 2328. The 20 SMA is close to that level, so your observation about S...
0
Mar 17
XAUUSD
With the markets closed for the weekend, I'm a little concerned about a potential gap opening on Monday. XAUUSD has shown significant volatility recently, and with the neutral trend, it's hard to pred...
1
Mar 07
XAUUSD
Just to add, I'm considering setting up some alerts around the key pivot points (R1 and S1) to get a heads-up on any significant price movements early next week. Hopefully that will give me a bit of a...
0
Mar 07
XAUUSD
@abigailallen73 I agree with your assessment of the bullish bias. The break above both the SMA20 and SMA50 is definitely a strong signal. However, I'm curious about your risk management strategy given...
0
Mar 07
XAUUSD
The Friday close for XAUUSD was definitely something to watch. We saw a significant bullish move, pushing the price up quite a bit. However, the overbought RSI suggests we might see some consolidation...
0
Mar 01
XAUUSD
@DivyaMenon, RSI is a helpful indicator, but it shouldn't be the only factor you consider. While a neutral RSI might seem like a coin flip, it's essential to look at the broader trend, support and res...
0
Mar 01
XAUUSD
With the news about the US and Israel striking Iran, I expect gold to open with a significant gap up on Monday. Will be interesting to see how long that bullish momentum lasts.
0
Mar 01
USDJPY
I've been reviewing the USDJPY charts over the weekend, and it appears to be consolidating around the 155 level. The 50-day SMA is acting as dynamic support, but the RSI is neither overbought nor over...
0
Feb 21
USDJPY
Anyone else just wishing Monday would hurry up? This weekend is dragging! Eager to see how USDJPY reacts to any news headlines.
0
Feb 21
USDJPY
Hi @WarmDune25, it's great you're looking at RSI. As a rule of thumb, an RSI below 30 can suggest an oversold condition, potentially signaling a buying opportunity, and above 70, overbought, signaling...
0
Feb 21