ABOUT
I am trading forex. I am passionate about learning how the world economy works.
No analyses yet
BTCUSD
Hey @jennifer684, I see what you mean about the volume. It's kinda making me nervous too. When I watch DXY, sometimes it moves opposite to Bitcoin, but right now DXY seems kinda flat, so it's not givi...
0
Apr 22
BTCUSD
So I'm still in that long position from earlier this morning. I saw the news about Bitcoin potentially hitting $86k and thought it was a good sign, so I jumped in around 78.5k. Now it's hovering aroun...
0
Apr 22
BTCUSD
Anyone else seeing this pattern here on the 1-hour chart? It looks kinda like a rising wedge, which usually means it's going to break down. But then the news today is all bullish, talking about $86k. ...
2
Apr 22
ETHUSD
Ugh, I'm so nervous watching this ETHUSD right now. I bought it around 2055 hoping it would go up, but now it's ticking down. My stop loss is at 2040, but I'm worried it's going to hit it and then jus...
0
Apr 03
ETHUSD
I'm still trying to figure out risk management. My rule is I never risk more than 1% per trade. It's hard to stick to when you see a big move happening, but I think it's the only way to survive in thi...
1
Apr 03
ETHUSD
@priyadiver I know what you mean! It feels like watching paint dry. I was hoping for some action in ETHUSD but it's just sideways. Maybe this calm before the storm though?
0
Apr 03
USDJPY
Seeing some interesting price action on USDJPY today. The overnight drop seems to have stalled around the 158.00 area, which is near that S1 pivot point. It's been bouncing a bit, but volume is still ...
0
Mar 23
USDJPY
@SureshReddy I get what you mean about the clouds being complex. Honestly, for intraday, I've just been watching if price is above or below the cloud. If it's clearly above, I feel a little more comfo...
0
Mar 23
USDJPY
Hey @krobinson911, I agree about the indecision. That candle yesterday really threw me off. I'm also hearing whispers about Japan possibly intervening to support the Yen, which makes me super nervous ...
0
Mar 23
XAUUSD
I've been thinking a lot about risk management lately. I had a gold trade go south last week because I was too greedy and didn't set a proper stop loss. Even though the RSI was showing oversold condit...
0
Mar 13
XAUUSD
Just watched a great video on YouTube about using the 200 SMA to identify long-term trends in gold. Seems like a pretty reliable indicator, might try incorporating it into my analysis.
1
Mar 13
XAUUSD
I'm currently in a short position on gold, entered at 5035. I'm considering moving my stop loss to breakeven now that price is approaching 5020. It's tempting to lock in some profit, but I also don't ...
0
Mar 13
XAGUSD
I'm trying to identify potential entry points based on Fibonacci retracement levels. Has anyone else been analyzing the retracement from the recent high around 83.50 to the current low near 81.50? I'm...
1
Mar 05
XAGUSD
This XAGUSD volatility is making it so hard to trade! I feel like every time I set a stop loss, it gets triggered almost immediately. So frustrating.
0
Mar 05
XAGUSD
Update: I've noticed the RSI is currently below 40, which could indicate that XAGUSD is approaching oversold conditions on the short-term charts. This might support a bounce near that Fibonacci level ...
0
Mar 05
ETHUSD
I'm observing ETHUSD trading below the 200-day SMA, which is currently around 1949.16. The RSI is also indicating oversold conditions, but the price continues to decline. Is there a potential for a fu...
1
Feb 27
ETHUSD
Update: It appears ETHUSD is struggling to break above the 20-day SMA, currently at 1981.55. The bearish trend seems to be holding strong. I am wondering if the market is waiting for a specific cataly...
0
Feb 27
ETHUSD
@radha5588, I agree that the S2 pivot around 1905.27 presents a potential buying opportunity. However, given the current bearish momentum and the RSI below 35, I'm hesitant to enter a long position ju...
0
Feb 27