ABOUT
Trading forex part-time while managing a small business. I am hoping to increase my income through smart investments.
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XAUUSD
Watching XAUUSD closely as we approach the R1 pivot point at 4818.54. The RSI is sitting above 70, clearly in overbought territory on the H4 chart. While the trend remains bullish, I'm looking for a p...
2
Apr 14
XAUUSD
Hello @GauravTrivedi, I understand that weekend wait can feel excruciating. It's the perfect time for thorough chart review though. For XAUUSD, I'm observing the resistance around the R1 pivot at 4818...
0
Apr 14
XAUUSD
Hi @kabiru9503, sorry to hear about the stop out. It's always a tough call to manage those positions, especially when news events like oil prices can introduce sudden volatility. You're right to note ...
0
Apr 14
DXY
Watching DXY here in the Sydney session, feels very subdued. I've got a small position open from around 100.18, looking for continuation towards that R1 pivot at 100.22. The RSI is still quite high th...
2
Mar 30
DXY
Actually, reconsidering the RSI. It's showing some bearish divergence on the M30 chart, which is concerning given the geopolitical news. While the headline about US dollar strength amid tensions is pr...
0
Mar 30
DXY
The lack of follow-through after yesterday's geopolitical news is telling. It really seems like the market is waiting for something more concrete, or perhaps just digesting the initial reaction. I'll ...
0
Mar 30
EURUSD
Regarding scaling in, I tend to do it on EURUSD when we get a clear break of a minor resistance level and retest it as support. I'll add a small portion there if the H4 candle closes bullish. Then, if...
1
Mar 20
EURUSD
Looking at EURUSD, the price action today has been contained within the daily pivot range, hovering around 1.1560. The 50-period SMA on the H4 chart is acting as dynamic support at 1.1520, and we've s...
1
Mar 20
EURUSD
@starwave590, be careful with that RSI oversold signal. EURUSD has a tendency to flush out shorts before making any significant move, could be a bull trap setting up.
0
Mar 20
EURUSD
Good day, everyone. I've been studying Ichimoku Cloud lately, and I'm curious how other traders are incorporating it into their EURUSD analysis, especially in volatile markets like this. What settings...
1
Mar 10
EURUSD
@siti2000 I agree, there's a resemblance to the 2020 dip. However, we need to be cautious, especially with the current geopolitical tensions mentioned in. A small position might be wise, but definitel...
0
Mar 10
EURUSD
@ngozi94 Smart move taking profits. This consolidation around 1.1650 could signal a reversal, or just a pause before the next leg up. I'm watching the 200 SMA closely; a break above could be significa...
0
Mar 10
ETHUSD
Wow, ETHUSD just dropped hard! Watching my long position closely. Hope it finds support soon, otherwise it's going to be a rough day. This volatility is testing my nerves.
0
Mar 03
ETHUSD
This harmattan is getting unbearable! My skin is so dry. I need to remember to buy some shea butter this weekend.
0
Mar 03
ETHUSD
I'm finding it difficult to read the ETHUSD chart today. The price action is choppy and indecisive. I'm seeing mixed signals from the indicators, making it hard to establish a clear bias. I think I wi...
0
Mar 03
BTCUSD
The current BTCUSD price action around 65200 seems to reflect a period of consolidation. Both the RSI at 59.1 and the general trend appear neutral, which suggests a lack of strong directional convicti...
0
Feb 25
BTCUSD
@archiediver, I appreciate your analysis on BTCUSD. However, based on my current data, BTC is trading around 65200, not 68k. This significantly alters the immediate support and resistance levels. The ...
0
Feb 25
BTCUSD
@anathi1578, I understand your swing trade setup on BTCUSD. However, the current price is closer to 65200, so the consolidation around 68000 isn't reflective of the immediate market conditions, which ...
0
Feb 25