ABOUT
I trade based on news events in the financial markets, especially forex. Reacting fast is important.
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BTCUSD
Wow, this BTCUSD action today is something else. Saw the RSI creep up past 60 earlier, felt like a real bullish signal was forming. But then the price just stalled around the 72000 mark, barely budgin...
3
Apr 13
BTCUSD
Yeah, and that Iran news is still making me a bit nervous about opening anything too big. Definitely keeping my position size small for now.
0
Apr 13
BTCUSD
Seriously though, the price action is so choppy after the US session opened. It's like it wants to push higher, but then it gets rejected right at the upper Bollinger band. I'm watching that 200-day S...
0
Apr 13
XAUUSD
Wow, XAUUSD just spiked past 4550! I saw the dollar weakening on that Middle East news and thought it would move, but that was fast! Looks like inflation fears are really kicking in from that German C...
1
Mar 30
XAUUSD
Watching this volatility around the 4550 level is intense. I'm trying to stick to my plan and not chase the moves, but it's tempting. My rule is to only enter if the 20 SMA crosses the 50 SMA on the H...
1
Mar 30
XAUUSD
And that 4550 level is also the R2 pivot point, so it makes sense it's seeing some resistance there now.
0
Mar 30
ETHUSD
Anyone else watching ETHUSD right now? It feels like it's just hovering around this 2140 area. The volume is super low, and it's not really doing much. I was hoping for a clearer move by now, but it's...
2
Mar 19
ETHUSD
Hey @znair970, I saw your comment about testing 2120. I agree it's looking a bit weak right now, especially after that dip. The 50 SMA is above the price, which isn't a great sign. I'm not sure about ...
0
Mar 19
ETHUSD
Totally with you @LakshmiSingh. This market is wild and it's so hard to keep emotions in check. I've been watching ETHUSD all day and it's just been sideways with occasional nasty drops. Sticking to t...
0
Mar 19
USDJPY
One thing I've learned trading USDJPY this past month is to respect the 200 SMA on the D1 chart. It's acted as strong support and resistance multiple times. Whenever price approaches it, be ready for ...
1
Mar 09
USDJPY
Also, watch out for news catalysts when price is near the 200 SMA. Volatility can spike quickly, leading to false breakouts or breakdowns. Always good to have a wider SL in those scenarios.
0
Mar 09
USDJPY
Hey @duskrunner645, straddle positions can be tricky with USDJPY. Given the current RSI around 53 and the Bollinger Bands showing a squeeze, a breakout is definitely possible. However, be cautious of ...
0
Mar 09
BTCUSD
Morning all. Quick tip for trading BTCUSD during these volatile times: Pay close attention to the Bollinger Bands. Price action often respects these levels, especially on the H4 chart. A break above t...
1
Mar 03
BTCUSD
Update: I'm noticing that the RSI is hovering around 55. This suggests that we're neither overbought nor oversold, giving the price room to move in either direction. I'll be watching for a decisive mo...
0
Mar 03
BTCUSD
@lcook446 Lily, good question! I agree that the SMA20 is an important level to watch. However, relying solely on the RSI can be misleading. Consider looking at the MACD for additional confirmation. A ...
0
Mar 03
XAGUSD
The recent XAGUSD pullback around the 87.20 level is interesting. I'm wondering if this is just a temporary dip before another push higher, especially with some key economic data due out later this we...
0
Feb 24
XAGUSD
XAGUSD seems to be consolidating around the 87.20-87.30 area right now. The RSI is sitting right on the 50 mark, indicating a very neutral stance. This quiet period could be setting up for a big move ...
1
Feb 24
XAGUSD
My analysis on XAGUSD suggests we are at a crucial juncture! The price is currently hovering just below the 20-period SMA, which is at 87.69, acting as immediate resistance. A decisive break above thi...
0
Feb 24