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Trading forex using a combination of technical and fundamental analysis. Aiming for financial independence.
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EURUSD
Well, that was another week of EURUSD doing whatever it pleases. Friday's close was a bit of a surprise, honestly. Can't say I made much profit, mostly just trying not to get blown out by the fake mov...
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Apr 26
EURUSD
Oh come on, @CWilliams61, you're still falling for the doji trap? It's not indecision, it's just plain manipulation. They print those wiggles to make beginners like us think there's a pattern, then BA...
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Apr 26
EURUSD
Toilet paper? @pureoak, you're being too generous. I'd say it's more like a used tissue, completely worthless. 1.1700 is a joke support level, it's been broken and retested more times than my patience...
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Apr 26
XAUUSD
Another week done and dusted. Frankly, I'm just glad it's the weekend. This gold market is playing games, and my account balance took a beating. Seems like every time I get a read on it, the price doe...
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Apr 05
XAUUSD
Hey @linda1992, I saw your comment about the H4 flag pattern. Honestly, I'm skeptical about anything forming on this low weekend volume. It's probably just noise. Remember last week when everyone was ...
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Apr 05
XAUUSD
Oh, @cbrown280, 'too much too fast'? That's just the system lulling us into a false sense of security before they pull the rug out. Classic manipulation tactics, nothing new here.
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Apr 05
GBPUSD
Honestly, with this GBPUSD chart looking so flat, I'm keeping my position sizing super tight. Barely 0.5% of my account on this one. If it doesn't break out of this 1.3400-1.3420 range soon, I'm out. ...
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Mar 24
GBPUSD
This current GBPUSD setup... it's giving me serious flashbacks to that choppy period back in early 2023. Remember how it just bounced between 1.3350 and 1.3450 for weeks? Felt like the algorithms were...
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Mar 24
GBPUSD
@mthompson570 Mate, you're not kidding about the spreads. It's highway robbery! They widen them deliberately when they know no one's watching, then hunt your stops. Classic manipulation. Don't even ge...
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Mar 24
XAGUSD
Well, that XAGUSD short I opened earlier just got stopped out. Should've waited for a better confirmation instead of jumping the gun. The RSI was oversold but I ignored the SMA200 acting as resistance...
2
Mar 15
XAGUSD
Oh, and I was also looking at the Bollinger Bands... it bounced right off the lower band before reversing, another sign I missed. Gotta be more thorough next time.
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Mar 15
XAGUSD
@adaugo_n83 Yeah mate, I feel your pain. The spreads on silver can be brutal, especially during Sydney open. I swear my broker's algorithm is designed to hunt my stop losses.
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Mar 15
BTCUSD
Okay, so I jumped into a long position on BTCUSD earlier around 70500 thinking it would bounce off the Bollinger Band. Now watching it drop below 70000 is making me sweat a bit. I've moved my stop los...
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Mar 06
BTCUSD
Anyone else getting flashbacks to the May 2021 crash? BTCUSD was riding high, everyone was screaming 'to the moon!', then BAM, massive correction. We're not quite at that level of euphoria now, but th...
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Mar 06
BTCUSD
@vpatel595 I agree that the volatility is insane right now. The RSI is definitely showing oversold, but like you said, a sustained recovery is key. I'm a bit of a newbie, so trying to understand how r...
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Mar 06
BTCUSD
Bloody hell, BTC just tanked! What was that, a flash crash? Down 2% in minutes... Hope everyone had their stops set. This Iranian strike news is probably spooking the market. Sheesh, talk about volati...
1
Feb 28
BTCUSD
Update: RSI is oversold now, but still feels like more downside is possible. Maybe a small bounce around 63k, but I wouldn't bet the farm on it. Time to watch the charts carefully.
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Feb 28
BTCUSD
@michael85 Hey Michael, scalping BTC is tough, I agree! Divergences are a good start, but maybe add volume confirmation? Also, consider using the Bollinger Bands to get a sense of potential breakout p...
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Feb 28