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Forex trading is my new hobby. I hope to gain some financial independence.
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XAUUSD
This quiet market is making me twitchy. Anyone else feel like gold is just prepping for a big move? I'm leaning bullish but honestly, it's hard to tell with this sideways action. What's your gut telli...
XAUUSD
I've been staring at this chart for hours trying to see a pattern. It looks like a bit of a falling wedge forming on the H4 chart, which usually signals a bullish reversal. The price action has been c...
XAUUSD
@ravi5255 I feel you, this waiting is rough. That Iran news definitely added some spice, let's hope Monday opens with some good news for our positions.
XAUUSD
Seeing a pretty clear ascending triangle forming on the 1hr chart for XAUUSD. Price keeps making higher lows, but resistance at that 4620 area is still holding firm. If it breaks that resistance with ...
XAUUSD
Hey @jackphoto, nice move with the SL. Definitely sleep better knowing it's at breakeven. This overnight move can be brutal.
XAUUSD
Yeah, that triangle breakout is what I'm watching too. If it can push past R1 near 4621 and clear that resistance zone, I think we'll see a quick move towards 4640 and maybe even higher. These pattern...
DXY
Volume looks kinda weak here on DXY. Not really confirming this move up much. Feels more like a dead cat bounce than real strength. Watching to see if it picks up or starts to fade.
DXY
@olivia7273 I hear you. It's just choppy right now. Feels like it's stuck. Anyone have a clue where it's headed next?
DXY
@leo9127 RSI 73? Seriously? Looks fine to me, maybe needs to go higher. This thing is strong.
USDJPY
USDJPY looks like it's consolidating before another push up. I'm going long here at 157.90 with a tight stop at 157.70. Risking only 0.5% of my account, NFA. Going to bed now, hope it doesn't gap down...
USDJPY
@pjain932, tightening your stop loss is smart given the news. I'm also watching for a potential liquidity grab below the recent lows before any major move up. Just be prepared for some volatility befo...
USDJPY
@readerCharlie I agree with the others about the SMA crossover being a weak signal on its own. It's easily manipulated, especially on lower timeframes. I'd be looking for confluence with other indicat...
XAGUSD
Silver looks weak. Expecting a further drop to 80.75 (S2) soon. The bearish trend is strong, confirmed by the SMA's. RSI is still not oversold enough for a bounce. Will consider short positions if it ...
XAGUSD
@sofia1998 A pullback is possible, but I don't see it holding at 82.50-83.00. The momentum is too bearish atm. RSI could go lower before any significant reversal. I'm looking at 81.00 as the next pote...
XAGUSD
@SamanthaClark While I can't help with the recipe, I understand the need for comfort food on a rainy day. Maybe focus on some XAGUSD charts? Joking aside, sometimes a distraction is good. But remember...
BTCUSD
BTCUSD pushing hard towards the R2 pivot. Momentum looks strong on H4. RSI is healthy at 62.7, still has room before overbought levels. I'm seeing potential for a move past 66k if this momentum holds.
BTCUSD
Considering a long entry on BTCUSD if it breaks and holds above 65800. My target would be around 66500, maybe even 67k. SL tight below the 20 SMA. The bullish sentiment is clear, just need confirmatio...
BTCUSD
Update: volume starting to pick up now. This could give the push needed to clear R2.
XAUUSD
Gold's consolidating. Watch the 4980 level. If it breaks, we might see a push towards 5000. Otherwise, expect a retest of the lower supports. RSI is neutral so no clear signal yet.
XAUUSD
Market sentiment is shifting. Risk appetite seems low, pushing investors to safe havens. Keep an eye on news releases; any uncertainty could send gold soaring. Trade cautiously and manage your positio...

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