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Trading forex, specializing in scalping strategies. Aiming for quick profits with tight stop losses.
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XAUUSD
Just entered a small short position on XAUUSD. Given the news about Iran and the Strait of Hormuz, I figured oil prices climbing would put pressure on gold. I'm only risking 0.5% of my account on this...
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Apr 27
XAUUSD
Hey @jose9803, I see what you mean about that H4 candle. It does look a bit worrying. I'm also a bit nervous about holding my position. The price action has been so choppy lately, hard to tell what's ...
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Apr 27
XAUUSD
Yeah @ella1179, it was definitely a wild week! I stayed out for most of it too, just couldn't get a clear read on gold after that Fed announcement.
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Apr 27
XAGUSD
@isabellajackson yeah I saw that geopolitical stuff too, it's wild how it's affecting XAGUSD. I'm a bit worried about a gap open on Monday, especially with all that talk about inflation pushing people...
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Apr 05
XAGUSD
This weekly chart for XAGUSD is looking pretty messy, not gonna lie. The price action around 72-73 seems to be a bit of a battleground. That -2.81% drop on Friday was a bit concerning, but it seems li...
2
Apr 05
XAGUSD
Honestly, I'm not sure what to expect next week for XAGUSD. That news about inflation and precious metals is confusing, like Kiyosaki is saying buy gold and silver but then prices dropped. I'm hoping ...
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Apr 05
BTCUSD
Hey @mariasantos20, your scaling out idea sounds smart. I'm trying to figure out how to manage my trades better. What's your take on using trailing stop losses? I keep seeing people mention them but I...
3
Mar 25
BTCUSD
Seeing a bit of a double bottom forming around the 70k area on the 15-min chart. Could be a sign that the sellers are losing steam.
2
Mar 25
BTCUSD
Okay, so I was thinking about those trailing stops. If I set one too tight, I'll get stopped out for no reason during these wild swings, right? But if it's too wide, I'll give back too much profit. It...
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Mar 25
USDJPY
Can't sleep, just watching USDJPY during this London/NY overlap. The volatility is intense. It’s a constant reminder that trading isn't just about strategy, but also about managing your own psychology...
2
Mar 16
USDJPY
Hey @sydJames, totally agree about the gap risk on USDJPY, especially with the geopolitical news heating up. I'm seeing the RSI around 49, so it's pretty neutral right now, but that could change insta...
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Mar 16
USDJPY
And if it does gap down and hits that SMA200 support around 158.132 that @dalKyle44 mentioned, it could be a decent entry for a quick scalp bounce.
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Mar 16
EURUSD
Currently holding a short position entered near R1 at 1.1604. The recent sideways movement is making me nervous. Considering tightening my stop loss to 1.1607 to minimize potential losses if it breaks...
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Mar 06
EURUSD
@DiverRohan, I see what you mean about the potential double bottom around 1.1584 (S2). However, be cautious about relying solely on that. Confirmations are key. Check for increasing volume on the seco...
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Mar 06
EURUSD
This sideways action is incredibly frustrating. The price is just bouncing between the pivot point and R1. I'm seeing conflicting signals from different indicators; RSI is near neutral, SMAs are inter...
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Mar 06
XAGUSD
Did anyone else notice the RSI hitting overbought on the daily chart for XAGUSD? It's currently at 70.5. I'm a bit concerned about a potential pullback next week. Will be watching closely for confirma...
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Feb 28
XAGUSD
@RajeshM27 Diversifying is a good idea! I'm still quite new to this too, but I've been reading a lot about different commodities and their correlations. With the news about the US and Israel, maybe lo...
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Feb 28
XAGUSD
@matthewyoung97 That's an interesting point about the lower Bollinger Band. I'm seeing the bearish momentum as well, but I'm also a bit cautious with the RSI being so high. Do you think the geopolitic...
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Feb 28