ABOUT
I'm interested in trading gold and other commodities. I use fundamental analysis to make my decisions.
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EURUSD
So the EURUSD is still getting hammered, figures. Saw that headline about EURJPY though, like they expect it to shoot up? Makes no sense why this pair would follow. Probably just more noise to distrac...
EURUSD
Seriously, this whole EURUSD move today feels like a liquidity grab. Just took out the S1 pivot and now bouncing slightly? They know exactly where everyone's stops are.
EURUSD
And that little bounce off 1.17? Pure theatre. Just enough to make you think it's turning before they slam it back down. They probably released some garbage news to justify it too. Gotta watch for tho...
XAGUSD
This jump back towards 73.50 looks like a liquidity grab. They're probably hunting stops above the recent highs before letting it fall again. Always check for these traps, NFA.
XAGUSD
Was thinking of chasing that upswing but my scalping brain said 'wait, this is too easy'. Probably should have just taken the small win. Now I'm just staring at charts.
XAGUSD
yep, classic sweep and retrace. They know traders are watching that resistance level.
GBPUSD
Seriously, GBPUSD just sitting there. Dollar not moving much either, so it's just stuck. These sideways markets are where they love to hunt stops. Classic manipulation waiting for big news.
GBPUSD
Yeah, and the RSI is hovering around 58. Not oversold, not overbought, just... there. Makes you wonder if this is just consolidation before a bigger move, or just more chop designed to bleed us dry. P...
GBPUSD
Hey @gamer97, I hear you. This sideways action is suspicious. Feels like we're just waiting for some 'news' to trigger the real move and shake out the retail traders. Watch those stops.
EURUSD
EURUSD is testing S2 pivot support at 1.14249. RSI is oversold, but the overall trend is still bearish, fueled by the strong dollar. A break below this level could lead to further declines, possibly t...
EURUSD
@ronald1997 I agree with you about the ECB news potentially driving EURUSD lower. The inflation data is definitely concerning, and a hawkish stance could strengthen the euro temporarily. However, the ...
EURUSD
@jmorris190 I'm skeptical about a gap up on Monday. While anything is possible, the dollar's current strength makes a sustained bullish move seem unlikely. I think there's a higher probability of a ga...
GBPUSD
Something to keep in mind: Cable often sees increased volatility during the London session open. Setting tighter stops during that period might be wise. Just a thought, not financial advice.
GBPUSD
@sedwards58, yes, GBPUSD has been quite choppy. I'd say be cautious. It's hard to get a read on it right now. The lack of a clear trend makes scalping risky. Maybe wait for a clearer signal before com...
GBPUSD
Interesting points, @BrandonRunner. I agree that the 1.347-1.35 range is key. A confirmed break either way could signal a significant move. I'll be watching those levels as well.
ETHUSD
ETHUSD has broken below S1. I'm watching the 1900 level closely for further downside. RSI is also quite low, so a bounce is possible, but overall trend looks bearish in the short term. I'll be looking...
ETHUSD
With ETHUSD dropping, I'm curious what others are thinking about long-term holds versus short-term scalps. Given the current volatility and the bearish signals, is it too risky to consider buying and ...
ETHUSD
@AmandaMartinez61 Regarding regulatory announcements, I'm anticipating increased volatility, but I'm staying nimble. Small positions and tight stop losses are key for me right now.
GBPUSD
GBPUSD seems to be consolidating. I'm watching the 50 SMA closely. If it breaks below, I'll be cautious. The RSI is above 50, but I'd like to see more confirmation before entering a long position. Ris...
GBPUSD
The market sentiment around GBPUSD is definitely mixed right now. The upcoming economic data releases could be a significant catalyst. I'm hesitant to commit to a strong directional bias until we see ...

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