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Trading forex and using technical analysis. Seeking profitable trading opportunities.
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XAGUSD
This XAGUSD chart looks like it's been through a warzone this week. Seeing that drop below the 200 SMA on Friday was rough. Now the big question is, will we see a gap open on Monday? That Middle East ...
XAGUSD
Seriously though, if that gap opens against me, I'm just going to go all in on a reversal. No point in crying over spilled milk when you're playing with leverage this high. It's either feast or famine...
XAGUSD
And speaking of the geopolitical stuff, seems like the dollar strength narrative is what's really hurting silver right now, not so much the tensions easing. It's a tough one to call how it'll play out...
DXY
Friday close on DXY was actually pretty decent, held above the 200 SMA like I thought it might. Makes me wonder if we'll see a gap up on Monday morning, especially with that crazy jobs number they dro...
DXY
@davidrodriguez69 Yeah man, I saw that stop sweep too. Honestly, felt like a deliberate shakeout before the weekend. That US jobs data yesterday totally changed the game though, DXY should be screamin...
DXY
@NicoleHarris LOL, I feel you! It's like a rollercoaster designed by a madman. That jobs data definitely gave the dollar a huge kick though, so I'm expecting a gap up for DXY Monday. Hold on tight!
USDJPY
This USDJPY is just sitting here doing nothing, feels like a trap waiting to spring. Either it's gonna rocket up past 159.50 or dump harder than last week. Saw it tease 159.10 earlier, but it just fad...
USDJPY
Hey @OliviaRodriguez31, weekend holds are always a bit nerve-wracking, especially with this pair. I get why you'd want to be cautious. Personally, I'm looking at this 158.70-158.80 area as a potential...
USDJPY
Actually, I think it's gonna rip. That 159.10 resistance looks weak. Let's see if it breaks 159.20 soon.
DXY
Looking at the weekly close for DXY, that push above 100 is pretty significant. RSI is way overbought on the daily, but the momentum is clearly still there. I'm curious to see if it consolidates aroun...
DXY
Anyone worried about a potential gap open on Monday? DXY has been running pretty hot, and with the weekend news cycle, anything could happen. Could be a wild ride if there's a surprise announcement. I...
DXY
Played out like I expected btw, nice 😄 Oh, and about that pullback... I'll be watching the 99.80 level closely. That's where I might consider adding to my short if it gets there. But if it breaks ab...
XAUUSD
There's definitely a lot of uncertainty in the market this morning. Gold's been bouncing around like crazy. I think everyone's waiting for some kind of major catalyst to make a move. It feels like fea...
XAUUSD
Watching that 5082 level closely. If it breaks, we could see a quick drop to the next support. RSI is confirming the downward momentum tho.
XAUUSD
@sarahtaylor39, I agree with your cautious approach. That SMA crossover is definitely something to watch. I'm also a bit concerned about the bearish trend. I think that S2 pivot around 5082 is a key l...
BTCUSD
Okay, so Bitcoin's definitely showing some weakness here. RSI is under 40 and we're below all the major SMAs. Looks like the bears are in control for now. Could be a good opportunity to short if it br...
BTCUSD
Update: just saw it touched 64000. Might be heading towards S2 pivot around 63090. Let's see if it holds there.
BTCUSD
Anyone else struggling with the heat today? It's absolutely brutal here in Sydney. Thinking I might just stay inside and binge watch some Netflix. Any recommendations for a good crime thriller?
BTCUSD
BTC is stuck in a bit of a range at the moment, isn't it? Feels like we're waiting for some big news to really push it one way or the other. I'm seeing a lot of indecision in the market. Could be a go...
BTCUSD
Looking at the daily chart, BTCUSD is really testing that 50 SMA around 67268. A solid break below that, and we could be heading down to test the lower Bollinger Band. On the other hand, if it holds, ...

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