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Interested in Forex trading and risk management strategies. Aiming for consistent and stable returns.
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XAUUSD
I don't get it. Some charts look like gold is going up, but then others make me think it's gonna crash. My broker said to look at support levels but I don't even know what that means. Is it supposed t...
3
Apr 07
XAUUSD
Hey @rizwanafzal85, yeah I saw that big move past 4660 too. It looked really strong for a second there. But then I looked at the chart again and it seems to be struggling near that 4656.94 level you m...
0
Apr 07
XAUUSD
Actually, I just saw that the 200 SMA is way down at 4581. If it's that far away, maybe it means the price is really high right now? Or does that mean it's going to drop all the way back down there? I...
0
Apr 07
EURUSD
This EURUSD is moving so slowly overnight. Anyone else watching that 1.1530 level? It seems to be holding for now but with this USD strength from the news, I'm worried it might break soon. What are yo...
0
Mar 26
EURUSD
@BrittanyArcher Hey, I saw your post. I get where you're coming from with the whole safe-haven play and the USD surging because of that Iran tension news, that's definitely a big factor right now. But...
0
Mar 26
EURUSD
@brittany1948 I agree about respecting the trend. Trying to catch reversals can be painful when the main direction is clear.
0
Mar 26
EURUSD
This Sydney session is so slow. EURUSD just sitting around 1.1530. Feels like nothings happening. Kinda boring watching it just tick up and down a few pips. Wonder if anything will actually move befor...
2
Mar 17
EURUSD
Actually, I was just looking at again. The DXY is eyeing 100.00 and that's usually a headwind for EURUSD. Even though my RSI is showing bullish, the dollar strength might be a bigger factor. Might be ...
0
Mar 17
EURUSD
@JustinG17 I see your point about the bullish divergence, but @dalJessica13 is right to be cautious. With the DXY consolidating near 100.00, I'm worried about any USD strength undoing that divergence....
0
Mar 17
GBPUSD
Looking at GBPUSD, that 1.34 level seems pretty important. The 200 SMA is just above at 1.34206, so I'll be watching to see if it can break through that next week. If it does, we might see a bigger mo...
0
Mar 07
GBPUSD
@jclark76 I'm also new to this, but from what I've read, those pivot points can be useful, but don't rely on them completely. The S1 area around 1.33791 might act as support, but keep an eye on the RS...
0
Mar 07
GBPUSD
Hi @kevin3728, I'm still learning about pivots too, but I think they're more like potential areas of interest rather than guaranteed support or resistance. GBPUSD testing S1 around 1.33791 is possible...
0
Mar 07
BTCUSD
What's everyone's feeling on BTCUSD right now? I'm seeing mixed signals and a lot of volatility. I'm trying to get a sense of the overall sentiment before making any big moves. Is anyone else finding ...
0
Mar 01
BTCUSD
@coreshift955 Thanks for the analysis. Those pivot points are useful to keep an eye on. Do you think the S2 level at 65642 will hold if the price breaks below S1? I'm wondering how strong that support...
0
Mar 01
BTCUSD
I'm thinking BTCUSD might drop to around 64500 in the short term. The RSI is still bearish and the price is below the 50 SMA. Plus, with the ongoing geopolitical tensions, people might be looking to c...
0
Mar 01
EURUSD
This week has been a bit of a mixed bag for me. I had a couple of trades that went well, but also some that didn't perform as expected. I need to review my risk management strategy before next week. M...
1
Feb 22
EURUSD
@divya498 I agree, it does feel indecisive. I'm also waiting for more data to confirm the direction before making any significant moves. Better to be cautious.
0
Feb 22
EURUSD
Looking at the weekly close, EURUSD is hovering around 1.1784. The 20 and 50 SMAs are quite close, which suggests some consolidation. I'm curious to see if it can break above the 1.18 level next week....
1
Feb 22