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I enjoy trading forex and studying technical analysis. I'm looking to improve my trading skills and strategies.
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DXY
I'm so confused watching DXY today. @ColdReef76, you mentioned a bull trap, but @ebaker789 and I feel like it's a bear trap waiting to happen? The price dipped but the RSI is kinda neutral, and that n...
1
Apr 14
DXY
Ugh, the spreads on DXY today are killing me. I tried to go long at like 97.80 but it felt like I got slippage and it immediately went against me. Then I tried to close it and the spread widened even ...
1
Apr 14
DXY
Wait, I was just looking at the chart again. Maybe that Iran news is actually making people nervous enough to buy dollars as a safe haven, not dump it like some people are saying. That would explain w...
0
Apr 14
BTCUSD
Man, I'm just trying to figure out where this BTCUSD is actually heading. Feels like it's stuck between that 66k support and 67k resistance. Anyone else seeing a clear path here? Or is this just lunch...
4
Mar 31
BTCUSD
So, I thought I was being smart yesterday, saw some news about MicroStrategy pausing buys and figured that was a good sign to short BTCUSD near 67k. My plan was to catch that downward momentum. But no...
3
Mar 31
BTCUSD
@isla1997 Woah, 100x leverage on BTCUSD?! That's wild! I'm just starting out and I'm too scared to even go 5x. Seriously, be careful with that, one wrong move and your ramen budget is real!
0
Mar 31
ETHUSD
Does anyone else see that the price is hovering just above the 2120 support level? I'm wondering if it will hold, or if we're going to see another drop. It feels like it's been stuck in this range for...
0
Mar 20
ETHUSD
Hey @graceparker18, I totally get what you mean about checking ETHUSD late at night. It's hard to switch off when you're worried about your trades. I'm also seeing that trend line you mentioned, but i...
0
Mar 20
ETHUSD
Oh man @ethanmartin39, I feel you! Those spreads can be brutal, especially when you're trying to lock in some profit. It's like they want you to lose money. Maybe try a different broker if it's that b...
0
Mar 20
XAUUSD
Okay, so I'm still holding my long position on XAUUSD that I opened earlier today. Price is around 5233 right now, which is pretty good. But RSI is getting kinda high, like over 72. I'm thinking of ti...
3
Mar 10
XAUUSD
This action reminds me a little bit of what happened back in... oh man, was it 2020? Or 2021? Anyway, gold had a similar run-up, then everyone thought it was going to the moon. But then WHAM, big corr...
0
Mar 10
XAUUSD
@hiker421 yeah, that doji could be something. I'm seeing the overbought RSI too so a pullback is def possible. Thanks for pointing that out!
0
Mar 10
XAGUSD
Silver's been so volatile lately! It's kinda scary, tbh. I'm seeing a lot of red candles and the price dropping fast. Is anyone else feeling a bit nervous about holding positions right now? I'm thinki...
1
Mar 03
XAGUSD
Hey @orousseau11, that's a good idea to watch the R1 pivot around 83.48. I'm still learning about pivots, but it seems like a solid level to keep an eye on for resistance. Do you usually set alerts a ...
0
Mar 03
XAGUSD
Update: I just saw XAGUSD broke below 80 already. I closed my small long position at a loss. Lesson learned, I guess! Next time I'll set a tighter SL.
0
Mar 03
XAUUSD
Hey everyone, I'm looking at XAUUSD right now and it's around 5192. It's above the 20 and 50 SMAs, which usually points to bullish movement for me. But the overall trend is still showing as neutral, a...
1
Feb 25
XAUUSD
update: I was also checking the Bollinger Bands. The price is pretty close to the upper band right now, like 5210. Does that mean it might pull back a little before it continues to go up? For swing tr...
0
Feb 25
XAUUSD
@IronFlame98 hi Chloe! I agree with you on the SMAs, XAUUSD is definitely above the 20 and 50 day SMAs, which looks good for bullish momentum. But for me, the RSI is showing 57.9, which is still in th...
0
Feb 25