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Trading forex using fundamental analysis. I follow the news closely.
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BTCUSD
This whole market is a joke. They pump it up just to sweep the lows, then dump it on everyone who was dumb enough to buy the fakeout. It's all rigged, plain and simple. Just watching the algos do thei...
BTCUSD
Hey @ithompson52, yeah this volatility is insane. Feels like a total liquidity grab, they push it up then slam it down. Don't blame you for not sleeping, this broker's spreads are already killing me.
BTCUSD
Plus, look at the RSI, it's practically dead. They're gonna try and bounce it off this oversold level, but I bet they just rip us higher for another fakeout before the real dump. Classic trap.
BTCUSD
Just put a small bit in at 66700. Not going heavy though, the spreads are brutal and the big boys are probably just shaking out retail right now. Saw that Nakamoto Holdings sold $20m, makes me nervous...
BTCUSD
Yeah, definitely don't want to get rekt holding this if the algos decide to push it down further. Just a tiny position to see what happens.
BTCUSD
@jcruz31 lol 100x leverage? You're either brave or about to be very rekt. This market is rigged for stop hunts. Hope you don't get liquidated before Tokyo wakes up.
ETHUSD
Just got stopped out of my long on ETHUSD. Bought around 2170, thinking that low was swept. Broker spreads probably widened it to hit my SL at 2165. Typical. Now it's moving up again. Typical. This ma...
ETHUSD
Yeah @GrayRiver55, that sideways chop is brutal. Feels like they're just letting it consolidate so they can hunt stops on both sides. And that 50 SMA you mentioned? Total trap. Just waiting to see if ...
ETHUSD
Anyone else seeing a potential double bottom forming here around the 2150 area? It's not textbook perfect but the price action feels like it's trying to hold. Just worried about how wide the spreads g...
XAGUSD
Watching the Asian session for XAGUSD. Volume seems a bit thin right now, not really confirming this slight push higher from London. Price is hovering around the 81.37 mark. RSI is pretty neutral at 5...
XAGUSD
@uNnamani32 hey man, I see that R1 pivot you're talking about on the H4. But on my chart, volume's not really picking up with the price. Feels a bit like a fakeout risk. Might want to wait for stronge...
XAGUSD
Actually, rereading the news, it seems like rising oil prices might be the main driver, not necessarily strong silver fundamentals. So any upside might be capped. This could be a trap for longs if oil...
BTCUSD
This drop is concerning. I thought Bitcoin was supposed to be a safe haven. Seeing it fall so much makes me nervous about the whole market. I'm going to wait and see what happens before making any mov...
BTCUSD
@ryan89 67000 seems like a reasonable level for a stop-loss. However, with the current volatility, it might get triggered quickly. Perhaps consider widening it slightly to account for potential whipsa...
BTCUSD
@MJohnson53 I'm not sure about bullish sentiment. The RSI is oversold now, which could signal a potential bounce. But with the price below the 20 and 50 SMAs again, it might also indicate further down...
EURUSD
With everything happening in the news, I'm a bit worried about EURUSD next week. The Iran situation could really shake things up. I'm thinking of waiting to see how Monday opens before making any big ...
EURUSD
@grace1987, that 1.1800 level sounds about right. I'm also watching that. But I'm still pretty new to this, so I'm not sure what a "decent run" really looks like. If it drops below 1.1750, would you s...
EURUSD
@lthomas555 Yeah, I'm a bit nervous about a gap too. Especially with the news. I don't really know how to prepare for that. Should I just close out my position before Monday? Or is that too much?
GBPUSD
This week was a bit choppy for me with GBPUSD. I tried to play the bounce off the 50 SMA but got stopped out. Maybe I need to be more patient and wait for clearer signals. Hopefully next week will be ...
GBPUSD
@G_Scott Yeah, the weekend gap is always a worry. I'm still trying to figure out how to best manage that risk. Do you usually close out your positions before the weekend, or just ride it out? I'm thin...

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