ABOUT
I enjoy trading forex using fundamental analysis, keeping up with global economic events. I believe knowledge is power in the forex market.
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ETHUSD
Ugh, I just don't know what to make of ETHUSD right now. The price is dropping, but then it bounces back a little. Some charts say it's oversold and should go up, but then the news about that scam coi...
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Apr 18
ETHUSD
Hey @josephwhite52, that's an interesting take! I'm also watching it closely. It feels like it's just stuck in this range and I'm not sure if it's accumulation or just a dead cat bounce before another...
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Apr 18
ETHUSD
Haha @oluwatobiadesanya66, I feel you on the health insurance stuff, it's like a whole other market to figure out! But seriously, with all this crypto drama going on, especially that Bitcoin Latinum s...
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Apr 18
ETHUSD
This ETHUSD drop is kinda scary, down almost 90 points today. Volume seems to be picking up on the way down though, which usually means more selling is coming. I'm nervous watching my position. Is thi...
1
Apr 02
ETHUSD
It's easy to get caught up in the emotional swings of trading. But remember, every big win comes after a period of doubt or struggle. Stay disciplined, stick to your plan, and trust the process. We're...
1
Apr 02
ETHUSD
@sameer4087 Dude, 100x margin is INSANE! 😱 I'm already sweating with my smaller position. Hope you don't end up a bag holder on this one! Good luck though man, seriously.
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Apr 02
XAUUSD
Wow, that Friday close on XAUUSD was brutal! Seeing it drop like that was pretty wild, and honestly, a bit worrying for the weekend. Makes you wonder what kind of gap we'll see on Monday morning. Defi...
2
Mar 22
XAUUSD
Honestly, I'm just trying to forget about my positions until Monday. Moved my stops to break even on everything. No point stressing about it when the market's closed. Just gotta hope for the best and ...
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Mar 22
XAUUSD
This week was a train wreck for my XAUUSD trades lol. Took a couple of losses trying to catch the falling knife. Lesson learned: maybe don't trade when it's this volatile without a solid plan.
2
Mar 22
USDJPY
Anyone else think USDJPY is forming a potential bull flag on the hourly chart? RSI is still looking good, above 50, and we're holding above the 20 SMA. Could be a nice continuation pattern if it break...
1
Mar 12
USDJPY
@chiZara, I think you're spot on with the 159.26 level as the next resistance based on the pivots! If we break that, I'd be watching the 159.35 area as well. I'm thinking that if we can get above 159....
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Mar 12
USDJPY
@apandey109 Focusing on higher timeframes is a good idea! I find it helps filter out a lot of the noise and makes it easier to see the bigger picture. Good luck!
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Mar 12
XAGUSD
Hey everyone, I'm watching XAGUSD closely this morning. Is anyone else seeing a potential double top forming around that 84.50 area? The SMA 20 seems to be acting as resistance there too. Just wonderi...
1
Mar 05
XAGUSD
Update: the price is still hovering right under that 84.50 resistance. If it breaks through, I think we could see a run-up to 85. But if it holds, maybe a short position down to the 83.50 level? What ...
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Mar 05
ETHUSD
ETHUSD looks like it might bounce off the 50 SMA around 2000! I'm thinking of opening a long position there with a tight stop loss. The overall trend still seems slightly bullish to me. Let's see if i...
1
Feb 27
ETHUSD
I'm watching the RSI for ETHUSD closely! It's currently neutral but if it starts to move up and crosses above 50, that could be a good confirmation signal for a long position. Could see a potential mo...
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Feb 27
ETHUSD
@gbaker409 I agree, the consolidation is pretty clear. I'm leaning towards a breakout to the upside, but waiting for confirmation before jumping in! Thnx for sharing your thoughts!
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Feb 27