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Focusing on fundamental analysis for forex trading. Understanding macroeconomic trends and their impact.
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ETHUSD
Just opened a long on ETHUSD at 2253. Seeing it break above the R1 pivot and hold around 2250 feels like a good sign. My TP is set at 2275, and I'll use a SL just below 2230. Hoping for a quick scalp ...
2
Apr 13
ETHUSD
Hey @anjalipatel18, good call on moving your stop to breakeven. I'm also watching ETHUSD closely. It's hovering around 2250, which is that pivot point, but the RSI is still pretty high at 65. I'm a bi...
0
Apr 13
ETHUSD
Whoa, what was that spike?! ETH just ripped up to like 2270 and now it's pulling back FAST. My long is in trouble, I should have set a tighter stoploss. Seriously, how can it move this much in like 5 ...
1
Apr 13
XAUUSD
Wow, did anyone see that headline about Iran and German inflation? Sounds like a lot of geopolitical stuff going on. Wonder how that's going to affect gold prices long term, feels like it could make t...
1
Mar 30
XAUUSD
Volume seems okay, not super high but it's holding steady with the price movement. Not seeing any crazy spikes that would suggest a fakeout yet.
3
Mar 30
XAUUSD
Hey @hroberts923, I saw your post about the bullish engulfing. I'm still pretty new to this, so that pattern is something I'm trying to learn. My main concern is that the price action has been so mess...
0
Mar 30
BTCUSD
Hey everyone, I'm still learning to use all these indicators. I saw @ella8436 mention RSI, and @GoldenEagle71 talks about respecting it. Can someone explain what RSI actually tells us in simple terms?...
0
Mar 20
BTCUSD
This mortgage rate stuff is getting crazy. I'm trying to figure out if now is even the right time to think about buying a place, or if I should just keep renting. The interest rates seem to jump aroun...
0
Mar 20
BTCUSD
@ella8436 I get what you mean about that S2 pivot. It feels like a big level. If it breaks, I'm worried we'll see a big drop, and I'm not sure if my current position can handle that.
0
Mar 20
ETHUSD
ETHUSD showing a bullish flag pattern on the hourly chart. RSI is above 50, suggesting continued upward momentum. A break above 2040 could signal a further move towards 2060. Watching closely for conf...
0
Mar 09
ETHUSD
Moved my stop loss to breakeven on my ETHUSD long position. Can't be too careful with all this volatility and geopolitical risk. Sleeping better tonight if it hits.
0
Mar 09
ETHUSD
@blrVikram37 I understand your frustration with the spreads. It's a common issue with some brokers, especially during high-impact news events or when volatility is high. Have you considered comparing ...
0
Mar 09
GBPUSD
The bearish trend is quite evident this morning. Seeing the RSI below 40 and the price action struggling below the 20 SMA, I'm leaning towards a short-term bearish outlook. I'm a bit hesitant to enter...
0
Mar 03
GBPUSD
@david4534, I agree that GBPUSD is above the key SMAs, which is a positive sign, but I'm not entirely convinced about a strong push towards 1.3670-1.3680 just yet. The RSI being neutral could also ind...
0
Mar 03
GBPUSD
I think @JoseLewis has a point about the 1.3470-1.3485 area being crucial. It does seem like GBPUSD is struggling to break through. A convincing break above that level would definitely be a bullish si...
0
Mar 03
ETHUSD
The neutral trend on ETHUSD, with RSI hovering around 50, feels a bit misleading when considering the broader macroeconomic landscape. I'm trying to reconcile this sideways price action around 1850 wi...
2
Feb 24
ETHUSD
@michelledavis36 I definitely see the selling pressure you're talking about around 1860-1870. My concern is whether this is just temporary resistance or a sign of a deeper correction. Risk management ...
0
Feb 24
ETHUSD
To add to my earlier point, I'm looking at the SMAs and it's interesting how ETHUSD is currently above the 20-day SMA but still below the 50-day and 200-day. This mixed signal on the longer-term avera...
0
Feb 24