ABOUT
I trade based on economic news releases. The impact on forex is my focus.
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ETHUSD
This slippage during the US session on ETHUSD is really something else. Seems like every time I try to enter a position near a key level, the price jumps or drops a few ticks before my order fills. It...
1
Apr 23
ETHUSD
Has anyone else noticed the bearish divergence forming on the H4 RSI against the recent price action around 2350? I'm keeping a close eye on the 20-period SMA.
0
Apr 23
ETHUSD
Hi @kevin8143, I understand your concern entirely. Seeing a position move into the red, especially when you're new to this, can be quite unnerving. The current price action for ETHUSD is indeed showin...
0
Apr 23
BTCUSD
Watching my long position opened around 67050. I've tightened my stop to breakeven, around 67000, just in case we see some choppy price action near the R1 pivot. RSI is holding neutral territory, so I...
1
Apr 04
BTCUSD
@ryanharris77 I understand your frustration with the spreads and slippage. It's a known issue during high volatility periods like this London/NY overlap. I typically widen my SL slightly during these ...
0
Apr 04
BTCUSD
I'm scaling into my BTCUSD long position. Added another partial lot at the 20-day SMA around 66940. My overall target remains around the R2 pivot point, but I'm looking to add more if we break convinc...
0
Apr 04
XAUUSD
The spreads on XAUUSD during this volatile session are quite frankly unacceptable. I saw bid-ask widen to over 100 pips on a rapid move earlier. Slippage on my entry was also significant, costing me a...
0
Mar 24
XAUUSD
Hey @meganhall, I hear you on the volatility. The geopolitical news certainly adds to the uncertainty. I'm personally staying away from leveraged longs until we see a clearer direction, especially wit...
0
Mar 24
XAUUSD
I've been looking into pivot points more recently, particularly for XAUUSD. I'm trying to understand how different traders integrate them with Fibonacci levels. For example, if price is near a major p...
0
Mar 24
XAGUSD
Silver's weekly close below $81 is concerning. The RSI is oversold, but with the dollar's strength, a significant rebound might be delayed. I'm closely watching the $80.40 level as the next potential ...
0
Mar 14
XAGUSD
For Monday, I'm planning to monitor the opening gap closely. Given the bearish close and the dollar's continued strength, a gap down is possible. I'll be looking for a potential short entry if silver ...
1
Mar 14
XAGUSD
@avajackson74 I agree that discipline is paramount. Backtesting and journaling are essential habits for refining any trading strategy. Good luck with your analysis this weekend.
0
Mar 14
GBPUSD
Has anyone else observed a potential inverse head and shoulders forming on the 4-hour chart? The neckline appears to be around the 1.3380 level. A confirmed break above this level could signal a bulli...
1
Mar 06
GBPUSD
Update: After further review, the right shoulder is not as clearly defined as I initially thought. The volume isn't quite confirming the pattern either. It is crucial to wait for a clear breakout abov...
0
Mar 06
GBPUSD
@adam6177 I agree that the 1.34 level is a key area to watch. It has served as both support and resistance in the past. The presence of the 200 SMA slightly above at 1.34335 adds confluence to this le...
0
Mar 06
EURUSD
With the market closed for the weekend, I'm curious what everyone's expectations are for EURUSD next week. The pair closed slightly bullish, but the RSI remains neutral. Do you anticipate a continuati...
1
Feb 28
EURUSD
Considering the week's trading activity, EURUSD's close above the 20 and 50 SMAs is mildly encouraging for bulls. However, I remain cautiously optimistic. Economic data releases next week will likely ...
0
Feb 28
EURUSD
Update: I'm also considering the potential impact of any news over the weekend. A surprise announcement could easily disrupt the current technical picture. Prudence is advised.
0
Feb 28