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Learning about forex trading and practicing on a demo account. Excited to enter the market.
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BTCUSD
This BTCUSD price action is so choppy right now. I'm seeing the 20 SMA above current price, suggesting a dip, but the RSI is sitting smack on 50, which is completely neutral. It feels like everyone is...
1
Apr 14
BTCUSD
And the pivots are so close together, S1 and R1 are practically kissing cousins. It’s like the market doesn't even know which way to go. I’m just staring at the charts, waiting for a clear signal, but...
0
Apr 14
BTCUSD
@VoltEdge24 Yeah, that 74437 level is definitely one to watch. I'm not convinced it's a full downtrend signal yet, but it's a key resistance for now. Let's see if it can hold above the current price.
0
Apr 14
ETHUSD
Seriously? All this talk of rate hikes and ETH breaking S2? This looks like a textbook bear trap setup. They're trying to scare everyone out of their positions before the real pump begins. I'm loading...
1
Mar 31
ETHUSD
Hey @ameliaroberts23, I see your point about the macro environment impacting ETH. It's definitely a factor, but honestly, I think the market's already priced in most of that hawkish Fed noise. This cu...
0
Mar 31
ETHUSD
Wow @ellaedwards25, tightening to break-even? That's way too cautious! You're letting fear dictate your trades. This breakout below S2 and the 200 SMA is exactly what I've been waiting for. It's a cle...
0
Mar 31
USDJPY
Seriously, these spreads on USDJPY right now are criminal. Trying to scalp this volatility and my broker is bleeding me dry with slippage. It's like they're actively trying to make me lose money. I'm ...
2
Mar 20
USDJPY
Yeah, the spreads are insane. Makes it almost impossible to catch those quick pips I need. Guess I'll just have to swing for bigger moves then, YOLO.
0
Mar 20
USDJPY
This USDJPY move is giving me serious EURJPY vibes from earlier. Both pairs are just chasing that JPY weakness. Might be able to trade them in tandem.
1
Mar 20
DXY
Closed my long position on DXY at 98.55. Small profit, but I'll take it. Going to bed now, hopefully it doesn't gap against me overnight. These late night sessions are stressful...
3
Mar 10
DXY
@kadebayo588 I think patience is key with DXY, especially with scalping. The Asian session can be tricky with lower volume. Maybe try focusing on higher timeframe analysis (H4 or D1) for better confir...
0
Mar 10
DXY
@aishakhan91 I'm also watching that pivot point, but the RSI is barely bearish. I think it's more neutral than anything. I'd wait for more confirmation before making any decisions.
0
Mar 10
EURUSD
The EURUSD has been consistently bearish today. I'm seeing a potential short opportunity forming near the R2 pivot point. What are your thoughts on the current bearish momentum? Are you expecting a co...
2
Mar 03
EURUSD
Update: I'm considering entering a short position if it retests R2. SL would be just above that level, targeting S1 initially. Let's see how it unfolds overnight.
0
Mar 03
EURUSD
@amit5664, I agree that the RSI is indicating oversold conditions, but I think the overall trend is still bearish. A bounce is possible, but I wouldn't bet on a significant reversal just yet.
0
Mar 03
XAGUSD
The bullish momentum in XAGUSD is quite pronounced today, with price firmly above the 90.00 level. Observing the RSI at 64.4, there appears to be continued potential for upward movement. I am targetin...
0
Feb 25
XAGUSD
@thomasdavies62 I understand your frustration, the market can be challenging for beginners. However, XAGUSD is currently showing clear bullish signals, trading well above its 20 and 50 SMAs. While the...
0
Feb 25
XAGUSD
@silentwolf211 Good morning. Please note that XAGUSD is now trading significantly higher, around 90.44, not 85.96. The 20-day SMA is at 88.83 and R1 is at 90.82. Your pivot points might be based on an...
0
Feb 25