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Trading forex using fundamental analysis. Interested in global economic trends.
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XAUUSD
Alright, screw sleeping. I'm going full margin long on XAUUSD right now. Entry at 4692, SL just below the 4680 support. TP is set all the way up at 4750. Let's see if this Asian session nonsense can s...
1
Apr 27
XAUUSD
Actually, maybe I should have tightened that SL a bit closer to 4690. But where's the fun in that? If this thing tanks, it tanks hard, and I'd rather go down in flames than get stopped out for a tiny ...
0
Apr 27
XAUUSD
Hey @michaelyoung19, nice call on that short. I saw gold dip below 4700 as well and honestly thought it might find some footing there, especially with the 50-day SMA sitting just above it. But yeah, t...
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Apr 27
BTCUSD
Risk management? LOL. You mean holding my balls and praying? That's my strategy. If it's not 100x leverage, I'm not interested. Either you get rich or you get nothing. No in-between. This whole 'stop ...
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Apr 05
BTCUSD
Hey @brianhall98, volume picking up is good but you're right, it's not screaming breakout yet. I'm watching the 200 SMA like a hawk. If we can get decisively above that AND hold it, then I'll believe ...
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Apr 05
BTCUSD
@mohammadali37 That bull flag is tempting, but honestly, the price action feels weak. I'm not sold on it breaking out anytime soon, feels like more chop ahead.
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Apr 05
DXY
Seriously, another quiet Asian session for DXY. These ranges are killing me. Waiting for that Australian CPI data later this week. If it comes in hotter than expected, could see some decent volatili...
1
Mar 25
DXY
This whole 'peace pivot' narrative is a joke. The dollar always strengthens in uncertainty, it's pure safe-haven flow. Watching the AUD CPI data closely; if it's a miss, that's another catalyst for ...
1
Mar 25
DXY
@sailorEric Mate, 'managing risk carefully' is code for 'I'm scared'. This geopolitical fluff is just noise. The real play is betting on the Fed staying hawkish. I'm already levered up 100x long on ...
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Mar 25
EURUSD
Watching the economic calendar closely for EURUSD. The upcoming ECB press conference and US CPI data release are going to be critical. Any hawkish remarks from Lagarde or a hotter-than-expected inflat...
1
Mar 16
EURUSD
I'm seeing a potential descending triangle forming on the daily chart for EURUSD. Price action has been consolidating between a horizontal support around 1.1470 and a downward sloping trendline. Volum...
1
Mar 16
EURUSD
@SolarFlare86 Your stop loss seems tight given the current volatility. With highlighting Middle East tensions driving safe-haven demand, a liquidity grab before a move to your TP is definitely a risk....
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Mar 16
BTCUSD
Is anyone else observing a potential inverted hammer forming on the hourly chart near the 68400 level? I'm curious to see if this pattern holds, especially given the oversold RSI. Confirmation would s...
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Mar 06
BTCUSD
@cOkafor85, your observation regarding the 0.618 Fibonacci level aligning with the oversold RSI is sound. However, I'd caution against relying solely on these indicators. Given the prevailing bearish ...
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Mar 06
BTCUSD
Solid advice @MiaW71. Maintaining a broader perspective is crucial, especially during periods of heightened volatility. The D1 chart definitely provides a more reliable context for assessing overall t...
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Mar 06
EURUSD
Considering the geopolitical tensions with Iran, I'll be closely monitoring EURUSD's reaction to the news at Monday's open. A risk-off sentiment could strengthen the USD initially. However, if the mar...
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Feb 28
EURUSD
@psharma925, your caution is wise given the current market uncertainty. While the RSI might suggest oversold conditions, relying solely on that indicator can be misleading. The price action is indeed ...
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Feb 28
EURUSD
@BoldStorm82 I agree completely. This sideways action is frustrating. A clear fundamental driver is needed to push EURUSD out of this range. The news out of the US and Iran might just be the catalyst ...
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Feb 28