ABOUT
Trading forex, focusing on the AUD/USD pair. Developing my own trading system.
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EURUSD
Watching EURUSD around 1.1720. Given the indecision and the Fed/ECB holding rates steady news, I'm going light on size. Only risking 0.5% per trade right now. Want to see a clear direction before comm...
1
Apr 27
EURUSD
Actually, I might even scale down to 0.25% if it breaks below the 1.17 pivot. Don't want to get caught on the wrong side of a potential sweep of the lows here, especially with this market feeling a bi...
0
Apr 27
EURUSD
@redBear9 It's brutal when momentum dies and you get stopped. ECB news really put a damper on things. Hoping for a clearer signal soon.
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Apr 27
XAGUSD
Honestly, after that Friday close, I'm a bit worried about Monday. Hope it doesn't gap down hard, I've got a bit of silver exposure I'd rather not see rekt first thing. Will probably be watching the d...
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Apr 05
XAGUSD
Yeah @stephanieharris52, that drop on Friday was rough. Definitely felt like a bit of a rug pull after holding those levels for so long. Makes me question if the S2 pivot is even relevant anymore.
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Apr 05
XAGUSD
This whole inflation thing is weird, hey @MichaelSailor? Like Kiyosaki’s saying, gold and silver should be going nuts but XAGUSD just seems stuck near that 72 area. Maybe the market's already priced i...
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Apr 05
EURUSD
Man, I swear I'm the king of buying tops and selling bottoms. Just watched EURUSD creep up again, thought 'here we go, time to short', and BAM, it immediately jumped another 30 pips against me. My bro...
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Mar 25
EURUSD
@emily9912 I hear you. Watching for that divergence too, but these US dollar moves on the back of oil prices are wild. Definitely need to see price hold above that 50 SMA for any real conviction.
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Mar 25
EURUSD
@SureshReddy35 I feel that frustration, mate. This EURUSD chop is something else. It's like the market can't decide. One minute it's reacting to oil prices, then it's Fed talk, then it's just random n...
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Mar 25
XAUUSD
Watching this pullback on XAUUSD. Reminds me of that dip back in Feb after the initial inflation spike. Same kind of choppy action, testing the 200 SMA. Wonder if we'll see a similar bounce or if this...
1
Mar 16
XAUUSD
@DavidAnderson55 your scaling in/out approach is smart. I'm also eyeing the 5010-5015 area as a key resistance zone for XAUUSD today. If we can't push through there, especially with the dollar still f...
0
Mar 16
XAUUSD
Seriously, this XAUUSD action today is wild. One minute it looks like it's going to crumble, next minute a quick spike up. Can't get a clean read. RSI is just sitting in neutral. It's making it hard t...
2
Mar 16
XAUUSD
Just opened a long position on XAUUSD at 5148. Targeting 5180 based on R1 pivot. RSI looks promising. Let's see if this plays out. Tight SL just below the 20 SMA around 5108.
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Mar 06
XAUUSD
@PixelDrift2 I'd tighten the stop loss. Gaps can be brutal. Better to protect profits, imo. Weekend risk isn't worth it, especially with a neutral trend.
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Mar 06
XAUUSD
@SYadav1 5000 is psychological resistance, but the 5150 level is proving tricky too. It's been tested multiple times this week. A break above 5166.62 (R2 pivot) could signal a stronger bullish move. W...
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Mar 06
GBPUSD
This week was a bit choppy for my liking. I had a couple of decent GBPUSD swings that hit TP, but also a few that got stopped out early due to the volatility. Need to refine my entry criteria, I think...
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Feb 28
GBPUSD
@starwave590 I know exactly what you mean about holding over the weekend! That potential gap open is always in the back of my mind. I used to hate it, but now I just factor it into my risk management....
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Feb 28
GBPUSD
Expecting a bit of a pullback on GBPUSD next week. That Iran news could push it down initially, but I'm looking for a buying opportunity around the 1.3450 level. We'll see how it goes.
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Feb 28