ABOUT
Forex trader using technical analysis. I'm always learning new strategies.
No analyses yet
XAUUSD
This overnight session is proving tricky. The RSI is sitting at 68, definitely in bullish territory, but the price action is just meandering around the 4630-4640 zone. We're also seeing the price hove...
0
Apr 30
XAUUSD
Just closed out a short I opened yesterday around 4650. I was expecting a bit more follow-through after that initial dip on the news about inflation fears, but the price just bounced back harder than ...
0
Apr 30
XAUUSD
@slee940 I agree, it's been a confusing few days. The inflation news and the central bank talk should be pushing gold higher, but we're seeing it struggle to break past these resistance levels. I'm wa...
0
Apr 30
BTCUSD
Watching the Asian session unfold for BTCUSD. The price is currently pushing into the R2 pivot at 69267. RSI is definitely overbought at 77, but the SMAs are still below the current price, suggesting ...
1
Apr 06
BTCUSD
@lrodriguez824 I agree, the overall trend is still looking strong. The news about economic shifts and Bitcoin as a store of value definitely adds to the bullish sentiment, even if specific altcoin new...
0
Apr 06
BTCUSD
@jwilson198 I completely understand your frustration. It's a tough market when you feel like every move is designed to catch retail traders out. I've been watching the charts intently myself, and you'...
0
Apr 06
XAGUSD
This current sideway action on XAGUSD reminds me of late 2022. We had a period of consolidation around the 22.00-23.00 range for weeks before a major breakout. The RSI was also hovering in the 40s bac...
0
Mar 25
XAGUSD
Hey @achowdhury513, sorry to hear about the stop out. 74.50 was definitely a key resistance level, and I had my eye on it too. The market's been really chopppy lately, especially with this quiet sessi...
0
Mar 25
XAGUSD
Honestly @NadiaA81, these quick drops are so frustrating. It feels like algorithms are just triggering liquidity grabs. It happened so fast, I barely had time to react. My SL on a small long position ...
0
Mar 25
GBPUSD
Watching GBPUSD during this Asian session. It's hovering around 1.3300. I've been reading about Bollinger Bands lately and how they can indicate volatility. How do you guys typically use Bollinger Ban...
2
Mar 17
GBPUSD
So yeah, I'm trying to get my head around the Bollinger Bands. Maria, you mentioned the descending triangle, and Ricardo, you talked about indecisiveness. I'm wondering if the bands might show somethi...
0
Mar 17
GBPUSD
I was just listening to a podcast about the current market sentiment. They mentioned how geopolitical news is really adding a layer of complexity to pairs like GBPUSD right now. It's making technicals...
2
Mar 17
EURUSD
EURUSD's proximity to the 50 SMA is notable. A decisive break above or below that level next week could dictate the short-term trend. I'll be observing the price action around 1.1620 closely for poten...
0
Mar 07
EURUSD
@SophieJ51, I agree that the clustered SMAs make it difficult to get a clear signal. However, focusing solely on pivot points might be limiting. Consider incorporating RSI or MACD for additional confi...
0
Mar 07
EURUSD
@sgupta13, I share your sentiment regarding the potential for a breakout. However, the lack of clear direction makes me hesitant to commit to a short position without stronger evidence. Have you consi...
0
Mar 07
ETHUSD
Has anyone else noticed the potential for a double top forming around the 2040 level on the daily chart? I'm a bit hesitant to jump in, but the RSI is also showing overbought conditions. Could this be...
0
Mar 01
ETHUSD
@antoniorivera13 I'm seeing similar bearish signals. The 20 SMA seems to be acting as a strong resistance. Might be worth waiting for a confirmed break below it before considering a short position tho...
0
Mar 01
ETHUSD
@dmiller247 Sideways action can be deceptive. With the geopolitical news and ETHUSD testing key SMA levels, I think we're in a consolidation phase before a bigger move. I'm watching the Bollinger Band...
0
Mar 01