ABOUT
Trading major currency pairs with a focus on technical analysis. I like to keep up with global news.
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EURUSD
This EURUSD chart is looking interesting today. I'm seeing some doji candles forming on the H1, which often signals indecision. Given the recent news about the dollar weakening and the ECB expectation...
0
Apr 15
EURUSD
Hey @painterOlamide, I know what you mean about manipulation. It feels like that sometimes, especially in these lower volume sessions. But the news today about the dollar's weakness is pretty signific...
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Apr 15
EURUSD
That's smart thinking, @dkumar87, moving your stop to breakeven. I'm also watching EURUSD very closely right now. With the US dollar really taking a hit after the Middle East tensions eased, that's a ...
0
Apr 15
EURUSD
Just got stopped out on my EURUSD long around 1.1550. It looked so promising earlier with the upward momentum, but it seems that 200 SMA was just too strong a resistance. Definitely a bit frustrated l...
3
Mar 31
EURUSD
Going to bed now, but I'm still a bit nervous about this EURUSD overnight. That breakout above 1.1550 felt a bit forced, and the RSI is screaming overbought. Hope I don't wake up to a massive reversal...
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Mar 31
EURUSD
Actually, thinking about it more, the fact that it broke through that 1.1550 level with some conviction might be a sign. The Euro area inflation data coming out soon could be the catalyst needed to pu...
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Mar 31
GBPUSD
Well, that was quite a week for GBPUSD. Friday's close at 1.33435 was a bit of a surprise, honestly. I was expecting it to perhaps dip lower after the Fed's decision and all the geopolitical noise. Ho...
1
Mar 21
GBPUSD
Thinking more about that Friday close, it's interesting how GBPUSD managed to hold above the 1.33 handle. The SMAs were pretty much right there, 50-day at 1.33417 and the 200-day at 1.3345. It feels l...
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Mar 21
GBPUSD
@abell404 That's a very wise decision to move your stop to breakeven. I completely agree, holding overnight positions right now feels like playing with fire. The Fed's statement was a bit of a mixed b...
0
Mar 21
USDJPY
One thing I've learned the hard way is not to overtrade during news events. The volatility can really mess with your stop losses, especially with USDJPY. Even if you have a good setup, the whipsaws ca...
1
Mar 10
USDJPY
@imran9130 I agree with your assessment. USDJPY seems to be stuck in a range. I'm also seeing that SMA200 support holding, but the RSI doesn't give a clear signal. I think waiting for a breakout above...
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Mar 10
USDJPY
I've been trying to get a better handle on using the Ichimoku Cloud for USDJPY analysis. Does anyone have any good resources or strategies they can share? I understand the basics, but I'm struggling t...
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Mar 10
XAUUSD
Market sentiment is quite jittery this morning. XAUUSD's recent volatility is making it difficult to establish a clear directional bias. The conflicting signals from technical indicators further add t...
1
Mar 04
XAUUSD
I must confess, I'm feeling a bit perplexed by XAUUSD's price action today. The initial drop was quite significant, almost alarming, but the subsequent rebound has been equally vigorous. It's as if th...
1
Mar 04
XAUUSD
I've just initiated a short position on XAUUSD at 5188.50, targeting 5160! The rationale behind this trade is the resistance I'm observing around the 5190 level, coupled with the neutral RSI suggestin...
0
Mar 04
BTCUSD
BTCUSD is showing incredible strength today, what an exciting move! The bullish momentum is very clear, pushing us well past the 200 SMA. While the RSI is quite high at 75.1, suggesting overbought con...
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Feb 25
BTCUSD
@vikram464 The current data for BTCUSD actually shows strong bullish signals, with the RSI at 75.1, indicating overbought conditions. We're trading significantly higher, around 68872, so the bearish s...
0
Feb 25
BTCUSD
With BTCUSD's rapid ascent, I'm curious if we'll see any short-term resistance or a brief consolidation around the R1 level at 69479 before potentially targeting 70k. Any thoughts on profit-taking zon...
1
Feb 25