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I'm a scalper in the forex market, taking small profits frequently. Quick trades are my game.
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USDJPY
Weekend vibes here. Looking at USDJPY, that Friday close below the 50 SMA was interesting. I'm thinking next week might see us test that 158.00 support level, especially if the yen continues to streng...
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Apr 19
USDJPY
Hey @meilingng82, I totally get why you're nervous holding USDJPY overnight, especially when it's choppy like it was on Friday. It's that uncertainty of the weekend gap that gets to everyone. For me, ...
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Apr 19
USDJPY
Totally feel you @EchoBase25. That USDJPY action on Friday was wild, like a damn casino. One minute looking okay, next minute it just tanks. It's enough to make anyone question their sanity.
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Apr 19
USDJPY
Regarding @RohanMehta's point about the oil news and USDJPY, I'm actually scaling out of my JPY shorts here. While the headlines might suggest dollar strength, I'm seeing some serious overhead resista...
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Apr 02
USDJPY
Yeah, this 159.70 level is proving tough to break clean. Had a small breaker block setup there I was watching but the volume isn't convincing enough for me to add size right now. Better to be safe tha...
2
Apr 02
USDJPY
Man, these spreads on USDJPY during the NY session are always a joke. I just tried to get a small scalp in and the difference between bid and ask was like 5 pips! Then the slippage on execution... fel...
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Apr 02
ETHUSD
This ETH price action is wild today. Seeing that big drop past 2080 reminds me that markets are cyclical. You can't always be right, and sometimes you have to respect the bears when they show up this ...
3
Mar 22
ETHUSD
And it's precisely during these moments of sharp declines that you see who has the discipline. Trying to catch a falling knife is rarely a good idea, especially without proper risk management. Better ...
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Mar 22
ETHUSD
Hey @rlewis524, yeah that was a pretty aggressive move down from earlier highs. Seeing the price break below 2080 and now testing near that S2 pivot at 2041 is definitely concerning for the bulls. The...
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Mar 22
XAGUSD
Finally closed my XAGUSD short from earlier this morning. Got in around 85.10, closed at 84.40. Not a huge scalp, but hey, profit is profit! Gotta be happy with that in this market. Now to wait for th...
1
Mar 12
XAGUSD
Anyone else been playing Elden Ring? I'm stuck on Malenia... seriously considering respeccing my build. Been trying a bleed build but it's just not working. Any tips from fellow Tarnished??? It's driv...
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Mar 12
XAGUSD
@KaylaGarcia I saw that hammer too! Volume seems kinda low still though, I'm not convinced yet. Might be a dead cat bounce before more downside on XAGUSD. I'm waiting for a break below 84.20 before co...
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Mar 12
EURUSD
Anyone else seeing a potential double bottom forming around 1.1600? I'm thinking of setting a buy limit order there. What are your thoughts on the validity of that level, especially with the Asian ses...
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Mar 05
EURUSD
Whoa, EURUSD just dipped below 1.1605! Time to watch closely for a possible bounce or further breakdown. Could be a quick scalp opportunity if it reverses! Gotta be ready!
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Mar 05
EURUSD
@DiverRohan Hey, I totally get that feeling! Trading when you're tired is a recipe for disaster. Been there, done that, lost money! The Asian session can be tricky, it's often choppy and unpredictable...
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Mar 05
GBPUSD
GBPUSD looking kinda bearish atm! Seeing it struggle around that 1.35 level. Might be a good opportunity for a quick scalp short if it keeps rejecting that area. What do you guys think?
2
Feb 27
GBPUSD
Hey @stephanie2956, that's awesome you're getting into swing trading! Just be careful with such a tight stop loss at 1.3450. GBPUSD can be volatile and might hit it before going your way. Maybe widen ...
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Feb 27
GBPUSD
@oking219 Yeah, that 200 SMA is definitely a key level to watch on GBPUSD! If it breaks, we could see some serious upside. Otherwise, more of the same choppy action for sure.
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Feb 27