ABOUT
I am trading in the forex market, specializing in scalping strategies. I like to make small profits quickly.
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XAUUSD
Hey @arcticfox605, yeah that 20 SMA close on Friday was notable. Reminds me a bit of the action back in late March. We saw a similar pullback then, tested the 200 SMA around 4750, and it held strong b...
XAUUSD
Actually, I think the RSI being at 42 is more telling than the SMA alone. It's not oversold yet, but definitely not overbought. Plenty of room to move either way.
XAUUSD
So, thinking more about that March setup, we had a significant news event that triggered that bounce. Right now, it's a bit quieter on the macro front, but the oil prices are acting up, which can some...
EURUSD
Watching the H4 chart on EURUSD. That RSI is screaming overbought at 75. The 200 SMA is also acting as resistance around 1.1545. Thinking we might see a pullback to test the 1.1550 pivot level soon. A...
EURUSD
Actually, looking at the M15, there's a small displacement candle forming against the trend. Might be a quick scalp opportunity if it holds.
EURUSD
@ethan_m18 I disagree a bit. While some order block concepts can be overhyped, they do highlight areas where significant volume traded. On EURUSD, especially around that 1.1548 resistance, I'm watchin...
DXY
This past week was a bit choppy for the DXY, ended right near that 99.40 resistance from Friday. Didn't swing trade it much, just scalped a few small wins on the way up. Holding cash over the weekend ...
DXY
Hey @dawnbreak551, I hear you on managing risk. That RSI hit 78 on Friday, definitely shows some upward momentum but also signals we're getting close to overbought territory on the daily. I'm watching...
DXY
Actually, thinking more about the weekend close, that 99.39 level is also the 50-week SMA. Pretty significant confluence there. If we do gap up Monday morning, I'd be a little worried about sustainabi...
XAGUSD
I swear, sometimes I feel like I'm donating to the market. I see a dip, I buy... then it dips harder! I need to stop FOMOing into these things. Anyone else have that problem or is it just me?
XAGUSD
What's everyone's sentiment on silver right now? With the dollar kinda all over the place, I'm having trouble getting a clear read. I'm seeing mixed signals on the charts and I'm curious what others a...
XAGUSD
@chall47 I feel you on the weekend wait! That Venezuela news is interesting... could be a short term catalyst but I'm not sure it'll invalidate your bias completely. Honestly, I'm more concerned about...
USDJPY
USDJPY looks like it's bouncing off the 50 SMA right now! At 157.38ish. Could be a good entry point for a quick scalp long. RSI is still under 50 so there's room to run. I'm watching closely!
USDJPY
Update: I just opened a small long position at 157.42! My TP is set at 157.60 for a quick profit. SL is tight at 157.30 to minimize risk. This Asian session is usually slow, but this bounce looks prom...
USDJPY
@RituVarma48 Patience is key for sure! I like your thinking about waiting for the pullback. Good call!
ETHUSD
ETHUSD is looking super strong today! That 10% pump is incredible. We're definitely holding above the 20 SMA which is a great sign for continued upside. RSI is still looking good, not overbought yet f...
ETHUSD
@zaramirza37 I see your point on the RSI and upper BB but I think ETHUSD still has room to run! Sometimes it can stay overbought for a while in a strong uptrend. I'm still feeling bullish!
ETHUSD
If ETHUSD can push past the 2060 pivot, I'm eyeing a move towards R1 at 2074.67! That could be a great quick scalp opportunity. Setting up my entry now, let's go ETH! Hoping for a strong close above 2...
EURUSD
EURUSD is definitely showing some downward pressure! The RSI is below 40, and it's struggling to break above the 20 SMA. I'm watching for a potential break below 1.1760 for a quick scalp. Could be a g...
EURUSD
@david2654 I agree, the RSI does look bearish! 1.1830 seems a bit high, though. I'm thinking more like 1.1750-1.1760 as a possible target for a short.

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