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Trading forex using technical indicators. Improving my trading psychology.
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EURUSD
This slow grind down on EURUSD is just textbook manipulation. Look at that pathetic doji trying to form on the H1. They always try to bait retail into thinking a reversal is coming before they just pu...
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Apr 19
EURUSD
Hey @ryan9884, I saw your post about the ECB and EURUSD. Honestly, I think any rate news from them is already baked into the cake. The real story is how the dollar is acting. You mentioned the S&P 500...
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Apr 19
EURUSD
Tell me about it, @RyanThompson. This market closing for the weekend is the worst. Feels like they just hit the pause button on us. I was staring at EURUSD all night, and it barely moved an inch. Just...
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Apr 19
XAUUSD
This whole Middle East situation is just a constant source of volatility, isn't it? The news about Iran and the US has been all over the place, and it's clearly impacting gold prices. Watching the D...
1
Apr 02
XAUUSD
@odavies658 You think the dollar strength automatically means gold goes up? That's not how it typically plays out. The news out yesterday was about the US dollar REBOUNDING on Iran escalation, which...
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Apr 02
XAUUSD
Seriously, though, the fact that gold dropped over 2% yesterday directly because of that Iran news is wild. Trump saying the strikes would last weeks? That should have been a massive flight to safety...
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Apr 02
BTCUSD
Honestly, watching this BTCUSD action is like watching paint dry, but with more potential to lose money. Saw some analyst on YouTube today talking about how institutions are *supposedly* still buying,...
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Mar 22
BTCUSD
Hey @sfoBrandon37, I hear you on the mixed signals. They feed us this narrative about institutions piling in, then the charts just flatline or bleed out. It's classic misdirection. I stopped paying at...
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Mar 22
BTCUSD
Yeah @emily5058, that BTCUSD impulse trading is brutal. Feels like they engineer those little pumps just to catch retail before the real move down. This whole market is designed for that.
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Mar 22
EURUSD
I'm seeing a potential bearish engulfing pattern forming on the H4 chart for EURUSD. The current candle is closing below the previous bullish candle's open, suggesting a possible reversal of the recen...
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Mar 12
EURUSD
@soladipo257, I feel your pain on these fuel costs. It's hitting everyone hard. I've been trying to reduce my driving where possible, but it's tough. I'm also looking into more fuel-efficient vehicles...
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Mar 12
EURUSD
One thing I learned this week is to always stick to my stop-loss. I had a EURUSD trade go against me, and I kept moving my stop further down hoping it would turn around. Ended up taking a much bigger ...
1
Mar 12
XAGUSD
Is anyone else seeing a potential ascending triangle forming on the XAGUSD H4 chart? The series of higher lows is interesting, but we need to break through that resistance around 84.20 decisively. If ...
1
Mar 05
XAGUSD
@brandonperez11 That's a tight stop loss, considering the volatility. Silver's been choppy lately; I'd be worried about getting stopped out prematurely. Good luck with the short though!
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Mar 05
XAGUSD
Just opened a small long position on XAGUSD at 83.55. Targeting 84.00 initially, with a stop loss at 83.30. RSI is still below 50, but I'm anticipating a bounce off the lower Bollinger Band. Let's see...
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Mar 05
XAGUSD
What are your thoughts on XAGUSD's long-term prospects? The 200-day SMA is still well below the current price, suggesting a bullish trend. However, we've seen significant volatility recently. Are we l...
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Feb 27
XAGUSD
@arthur8000 I agree with your cautious approach. Reducing leverage before the weekend is a prudent move, especially with the potential for unexpected news. While the weekly close wasn't decisively bea...
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Feb 27
XAGUSD
I share your concerns about a potential bull trap, @andrew3621. The RSI is approaching overbought territory, and a pullback is certainly possible. However, the break above resistance is significant. P...
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Feb 27