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Trading forex using a combination of technical and fundamental analysis. Seeking high-probability trades.
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ETHUSD
This ETH action feels kinda like what happened with BTC last week. Went sideways for ages, then just shot up. Wonder if we'll see the same here if this consolidation holds. Gotta keep an eye on the bi...
ETHUSD
@justinallen52 Yeah man, I see what you mean about the low volume. It's weirdly quiet for a Tuesday afternoon. I was hoping for a bit more action to get a clear signal. So you think it's fakeout poten...
ETHUSD
@TimothyThompson Totally. I feel like I'm always late to the party or buying the top. It's so hard to tell if it's a bear trap or the start of a real drop.
BTCUSD
Man, I swear my buy button has a mind of its own. Every time I think I've found the bottom on BTCUSD, it drops another 500 bucks just to spite me. I need to stop chasing pumps, this is getting ridicul...
BTCUSD
@ElenaG71 I'm seeing that too with BTCUSD. That R1 pivot is looking pretty solid resistance. Honestly, I'm a bit worried about that bull trap idea you mentioned. I just don't want to get caught on the...
BTCUSD
Learned today that just because RSI is heading up doesn't mean BTCUSD is going to the moon. Patience is key, gotta wait for confirmation.
USDJPY
Alright, lunch break check. USDJPY is doing its thing, hovering around the 158.90 level. I'm thinking of scaling into a long position here, but gonna keep my size small for now. Maybe just half a perc...
USDJPY
Actually, on second thought, maybe even smaller. The volatility is still pretty high, and I'm seeing some chop around the 50-day SMA. I don't want to FOMO into anything. I'll wait to see if it can bre...
USDJPY
@FireStorm44 Ugh, that's rough man. Landlords are just brutal these days. Can't catch a break with anything, can we?
EURUSD
EURUSD really got hammered this week, huh? Weekly close way below the 200 SMA, and RSI's oversold now. I'm thinking we might see a bit of a bounce early next week, maybe a retest of that 1.1450 area, ...
EURUSD
@ArjunVerma7 I agree that 1.157 break is key. I'd be careful with shorting right away though, RSI is pretty oversold so we might see a small bounce first. Maybe wait for confirmation before jumping in...
EURUSD
Oh, and I forgot to mention, I'm also watching for a potential gap open on Monday. With the market closed and all the news over the weekend, anything could happen..
BTCUSD
Damn, BTC just blew past 70500 like it wasn't even there. Volume picking up too. This could be the start of a bigger move down. Time to watch closely and see if it holds below. Might add to my short i...
BTCUSD
@nasiruahmed I see what you're saying about the RSI, but I wouldn't rely on just one indicator. The SMA200 is a key level to watch, but also consider the overall trend. If it breaks, it might be a goo...
BTCUSD
@painterOlamide Pivot points are interesting, but tbh I don't usually trade based on them alone. I think 70000 psychological level is more important than S1 or S2. If it breaks that, then yeah, we mig...
ETHUSD
ETHUSD's been grinding lower all day. The volume isn't super high, but the trend is definitely bearish. I'm watching for a break below 1920 to confirm further downside. Could be a decent short opportu...
ETHUSD
update: Just saw a decent-sized red candle. Looks like the bears are waking up. Gonna set an alert at 1918, see if it holds.
ETHUSD
@amanda2467 I hear you on the indecisiveness. It's been choppy, ngl. But I think the overall trend is still down, even if it's not screaming. The SMAs are stacked against us, and the RSI is still bear...
BTCUSD
Think BTC might push to 68500 soon. SMA200 is right around there, and it's been acting as resistance. If it breaks, look out above. Setting a tight SL just in case, but the momentum feels pretty stron...
BTCUSD
@lim4674 I see what you're saying about the RSI, but I think it's a temporary pullback. The overall trend is still bullish imo, and the 20 SMA is holding up pretty well. I think we'll see a bounce soo...

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