ABOUT
I trade forex and focus on risk management.
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GBPUSD
Just closed my GBPUSD scalp for a small win, around 15 pips. Hit TP right at the 1.3500 support level. Glad to get out before the weekend craziness. Seeing that brief oil news push it a bit higher ear...
GBPUSD
Hey @dthomas430, I feel you on the weekend boredom. As for the gap risk on GBPUSD, I wouldn't panic too much. Friday closed pretty steady. That news about the ceasefire extension in the oil region act...
GBPUSD
Thinking about trading in my old sedan for a new SUV. So many options, it's overwhelming. Anyone have recommendations for a reliable mid-size SUV around 30k?
XAUUSD
Weekend thoughts on XAUUSD... Friday's close was a bit of a surprise, honestly. Saw that huge drop earlier in the week, but it clawed some of it back. Still, sitting on a neutral trend for now. Wonder...
XAUUSD
Yeah @brittany1066, the spreads are brutal on gold right now. Seems like every time there's a bit of volatility, they widen them just enough to make scalping a nightmare. I try to avoid trading during...
XAUUSD
Ouch @mwilson389, that sounds like a brutal lesson. Falling knives are dangerous, especially with leverage on gold. I’m glad I stayed out of that quick dip; saw the bearish displacement and figured it...
EURUSD
This whole dollar index dropping because of some Iran news is wild. Saw it happen in real-time and it definitely gave EURUSD a nice boost. I'm managing a small long I got on Friday, aiming for 1.1620,...
EURUSD
Given the recent news about the US dollar weakening due to the Iran de-escalation, I'm seeing EURUSD pushing higher. We're above the 200 SMA and the trend looks bullish. I'm thinking we could see a mo...
EURUSD
Hey @omar98, I think we'll see a push above 1.16. That dollar weakness from the news is strong right now, and EURUSD is showing good signs of life. Definitely leaning bullish for now.
DXY
DXY volume is interesting... RSI is way overbought at 78.8. I'm seeing some divergence on the hourly chart, which could signal a pullback soon. Need to watch for confirmation, but I'm not convinced th...
DXY
@mumYash12 That's a solid point about the 2022 comparison. The geopolitical tensions are definitely adding fuel to the fire, creating uncertainty. If inflation remains sticky, the Fed could be forced ...
DXY
@MWilson41 Agree on the volume concerns. The DXY breakout above 100 seems a bit stretched considering the lack of strong volume confirmation. Could be a trap for retail traders FOMOing in. I'm also wa...
GBPUSD
Anyone else watching for a potential bounce around 1.3350? It's held as support a few times recently. RSI is also near 50, which could indicate indecision. Thinking of a small long position if it hold...
GBPUSD
@JamesW58 I see the potential for a bearish move too. That 20/50 SMA cross is definitely something to watch. I'm a little hesitant to call 1.3475 a solid support though. Maybe 1.3460 is more likely to...
GBPUSD
@iwhite716 Risk management is key, especially with GBPUSD. I agree about the weekend uncertainty. I've also reduced my position size slightly. I'm keeping an eye on the 200 SMA around 1.34350 as a pot...
GBPUSD
This week was choppy. Took a few L's early, but managed to recover some losses by Friday. Need to tighten up my entries and SL placement. Weekend to review charts and see what next week might bring.
GBPUSD
@radhadas Yeah, position sizing is key. I've been there. Volatility can eat you alive if you're not careful. Good luck next week!
GBPUSD
Anyone else just staring at the GBPUSD chart even though the market is closed? Haha. Seriously though, hoping for some clear direction next week. Maybe a gap up on Monday? Let's see...
XAUUSD
XAUUSD showing strong bullish momentum. RSI near 70 suggests overbought conditions, but the price continues to climb. Watching for a potential pullback near the R1 pivot at 5078.99. Could be a good en...
XAUUSD
@lgreen486 For BBQ, try a simple dry rub with paprika, garlic powder, and brown sugar. Works great on ribs or chicken! Enjoy the weekend.

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