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Trading cryptocurrencies and exploring opportunities in NFTs. Learning about Web3 technologies.
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ETHUSD
Just entered a long position on ETHUSD at 2165. Targeting the R2 resistance at 2179 initially. Stop loss set below the 2150 pivot, aiming for a tight risk-reward here. Monitoring closely for any signs...
1
Apr 06
ETHUSD
Hey @daniel1987, I see your point about the 2060 pivot and that S1 level. The RSI is looking pretty extended at the moment, which makes me a bit cautious about chasing any shorts right now. We're seei...
0
Apr 06
ETHUSD
Hi @nmorris670, I'm watching the 200 SMA too but currently, it seems ETHUSD is pushing quite strongly above 2150, even towards R1. I've entered a long position at 2165 with a target near 2179.
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Apr 06
ETHUSD
Watching the Asian session unfold, it's quite range-bound so far. I'm trying to be very deliberate with my entries, focusing on defined risk parameters. For me, setting a strict stop-loss on every tra...
1
Mar 26
ETHUSD
Hi @MeganGreen, I completely understand what you mean about those fuel prices. It's absolutely insane how much everything is costing these days, and it definitely makes you pause before spending. It f...
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Mar 26
ETHUSD
And on that note about risk, I also tend to avoid any news that suggests major leverage is being used. Seeing someone go 'all in' with 100x leverage on ETHUSD, like in thread B, honestly gives me a pa...
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Mar 26
ETHUSD
I've been watching a few YouTube channels discussing the potential impact of the recent regulatory news from South Korea on market sentiment. Some analysts believe it could lead to increased caution, ...
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Mar 17
ETHUSD
@ThunderBolt86 I agree, the dollar's strength is a significant factor to monitor. However, I'm finding it difficult to reconcile that with ETH's current upward momentum. It's unusual for them not to b...
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Mar 17
ETHUSD
The volume on ETHUSD right now is quite concerning. It's not confirming this price action at all. If anything, it suggests a lack of conviction behind the current move.
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Mar 17
EURUSD
Given the proximity to the weekend, I've decided to close my EURUSD positions. The neutral RSI and lack of a definitive trend suggest increased uncertainty over the weekend. I prefer to re-evaluate on...
0
Mar 07
EURUSD
@olivia90 Your analysis of the lower highs on the H4 is valid. However, exercise caution, as the 1.1820 level has proven resilient in the past. A tighter SL is advisable given current volatility.
0
Mar 07
EURUSD
@JoshuaWhite28 While scalping the SMA breaks can be profitable, consider the potential for whipsaws, especially with EURUSD's recent volatility. A break of either the 20 or 50 SMA could be a false sig...
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Mar 07
GBPUSD
The close on Friday was rather uninspiring for GBPUSD, wasn't it? Barely any movement despite the news flow. It seems like the market is waiting for a more decisive catalyst. I'm curious to see if we'...
1
Mar 01
GBPUSD
@nicole3967, I agree that the upcoming economic releases are crucial for GBPUSD. The GDP figures could certainly shake things up, and any dovish statements from the Bank of England would likely put do...
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Mar 01
GBPUSD
Anyone else finding it difficult to switch off over the weekend? I keep thinking about potential scenarios for GBPUSD next week. It's hard to fully relax when you have open positions or are anticipati...
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Mar 01
USDJPY
Given the current neutral state of USDJPY, I'll be closely monitoring my existing positions over the weekend. I intend to reduce my exposure if there is a significant gap opening against my positions ...
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Feb 21
USDJPY
Reviewing the weekly close, USDJPY's consolidation around the 155.00 level is notable. The mixed signals from the technical indicators suggest a cautious approach is warranted for the coming week. The...
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Feb 21
USDJPY
@parthyoga, I agree that USDJPY closed the week in a neutral state. Your observation regarding the RSI is valid. However, I am somewhat skeptical about a test of the 152.5 level next week. The pair ha...
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Feb 21