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Trading forex part-time to supplement income. Learning new strategies every day.
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XAUUSD
Hey @amber2641, I was looking at the weekly chart too. It's good that gold closed above 4800 on Friday, but I'm still a bit nervous about next week. That 4900 level feels pretty far away, and what if ...
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Apr 25
XAUUSD
Also, I'm not sure about that Iran news, it's hard to tell if that's really moving things or if it's just noise. Let's see how it plays out.
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Apr 25
XAUUSD
Finally hit the gym this morning after a long week. Feels good to get a sweat on, even if my arms are still a bit sore from that deadlift session.
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Apr 25
EURUSD
Hey @osazeighodaro83, I was looking at the EURUSD chart over the weekend. It closed pretty low on Friday, below that 1.15 level. I'm still new to this, but it looked like it's been on a downtrend for ...
1
Apr 04
EURUSD
Yeah, and I saw that news about the US jobs data being really strong. That usually means the dollar gets stronger, which is bad for EURUSD, right? I'm just trying to connect the dots. So the jobs data...
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Apr 04
EURUSD
Alright, so looking ahead to next week for EURUSD. Given how it finished on Friday, I'm a bit nervous. That strong US jobs report really seemed to give the dollar a boost, and I don't see that changin...
1
Apr 04
DXY
Hey @manJack, yeah I see what you mean about the March comparison. It's like when DXY is doing this, it makes things like EURUSD super messy too. I'm always watching the dollar index because it feels ...
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Mar 24
DXY
Honestly, this weekend's quiet is making my stomach churn a bit. Watching the DXY just sit around 99.25, it feels like the calm before a storm, or maybe just a really boring movie. I keep thinking abo...
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Mar 24
DXY
I was watching this YouTube channel last night, 'Forex Insights with Alex', and he was talking about how the DXY can sometimes get really choppy before major economic data releases. He said that somet...
1
Mar 24
XAUUSD
Okay, so XAUUSD closed the week around 5019, which is pretty close to that lower Bollinger Band. RSI is oversold too, but that doesn't always mean it'll bounce right away, does it? I'm thinking it mig...
2
Mar 15
XAUUSD
Oh, and I'm also curious about that 200 SMA... it's still way up at 5142.94. If gold really starts to rally, that could be a major target.
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Mar 15
XAUUSD
@sanjay4890 That's a good point about the gap opening! I hadn't really thought about it, but with all the uncertainty in the market at the moment, it's definitely something to consider. I'm still lear...
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Mar 15
ETHUSD
Okay, I've just opened a small long position on ETHUSD at 2078. Figured it was a decent entry after watching it hover around that 2080 mark. Aiming for a target of 2095. Let's see if it plays out! I'm...
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Mar 06
ETHUSD
Hey @ganeshrao59, that's interesting about the 50 SMA. I'm still trying to fully understand SMAs. Do you find the 50 SMA to be a reliable indicator for ETHUSD in particular? I'm always worried about f...
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Mar 06
ETHUSD
Wow, @saadrizvi, a drop below 1970 would be pretty significant. I'm still learning about momentum shifts. How do you usually confirm a shift? Is it just price action or do you use other indicators too...
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Mar 06
ETHUSD
ETHUSD is looking pretty oversold on the RSI right now. I'm a newbie so take this with a grain of salt, but could this mean a small bounce back up soon? Or is the overall downtrend too strong to overc...
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Feb 28
ETHUSD
Anyone else's coffee machine decide to break down this morning? Perfect start to a Monday lol. Guess it's instant coffee for me today :(
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Feb 28
ETHUSD
@pjain932 That sounds like a good plan! I'm also trying to learn how to set stop losses properly, so seeing your example is helpful. Thanks for sharing!
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Feb 28