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I primarily trade forex, looking for opportunities during the Asian trading session.
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GBPUSD
Alright, wrapping up the week. GBPUSD didn't do too much on Friday, closing just below the 1.3520s. Overall, the weekly candle isn't looking too hot, still bearish from my perspective. We're trading b...
GBPUSD
Actually, thinking more about the weekend, that news about Iran and the Strait of Hormuz reopening is pretty significant. If that holds and tensions truly ease, it could reduce demand for safe havens ...
GBPUSD
@HYakubu24 I agree, that R1 resistance near 1.3570 is a critical zone. The RSI divergence is definitely something to monitor, but I'm leaning towards the price action here. If it can't break and hold ...
BTCUSD
I was just watching a pretty solid analysis on YouTube from a channel I follow, "Crypto Insights Pro." They were breaking down the recent US jobless claims and how that might influence the Fed's next ...
BTCUSD
Watching the 50 SMA here, it's acting as immediate resistance after the drop from yesterday's highs. If we can't reclaim that, the S2 pivot at 65536 is definitely on the cards.
BTCUSD
Haha, @roslan97, that 100x leverage move sounds familiar! I've definitely been there, trying to catch a falling knife during some news event and ending up with a margin call. My worst was a few months...
USDJPY
This weekend has been quiet for USDJPY, which is typical. The Friday close above the 50-day SMA at 158.84 was a positive sign, though still within that tight weekly range. I'm curious to see if we get...
USDJPY
Hey @mia86, I agree about the volume. It's been a bit lackluster for a bearish move. However, I'm not entirely convinced on a sustained downtrend either, especially with the RSI holding in the bullish...
USDJPY
Hi @NgoziA32, I understand the hesitation with the choppy action. The candle you're describing sounds like it could indicate indecision, which is common when price is consolidating. The Bank of Japan'...
BTCUSD
Quick tip: Always check the correlation between BTC and the DXY. A strengthening dollar can often put downward pressure on Bitcoin. I'm seeing a slight inverse correlation right now, so keep an eye on...
BTCUSD
@MAdebayo14 I agree with the declining volume concern. I'm also watching the RSI; it's hovering around 50, which doesn't give much conviction either way. Need to see a break above 60 or below 40 for a...
BTCUSD
@quickStorm5 Good call on the small position size! Volatility is insane right now. I'm also keeping a close eye on the 50 SMA around 70081.58. If it breaks below that, we could see a test of the lower...
ETHUSD
ETHUSD is absolutely exploding upward! I'm seeing the RSI pushing higher but still not overbought, which is a good sign. I'm thinking this bullish momentum could continue throughout the day, but I'm a...
ETHUSD
@archiegray29 That's a solid entry point! I agree that the geopolitical situation is adding a lot of uncertainty. Locking in profit with a trailing stop is definitely the way to go. I'm curious, what ...
ETHUSD
@nycLinda10 I'm leaning towards risk-on behavior right now, given the strong upward move in ETHUSD. The SMA's are all showing bullish signs as well. I think positive news regarding regulation could re...
EURUSD
Potential long setup on EURUSD! Price just bounced off the 20 SMA at 1.18015. RSI is showing a bit of upward momentum, currently at 51.8. Looking for a break above the R1 pivot at 1.17983 to confirm t...
EURUSD
Update: EURUSD is struggling to break past 1.17983. Volume seems a bit low, which could indicate a lack of strong conviction. I'm tightening my stop loss to 1.1798 to minimize risk. Still holding the ...
EURUSD
@andresreyes18 I agree with your assessment about the consolidation. The Bollinger Bands are definitely something to keep an eye on. I think a break above 1.1805 is needed to confirm a sustained bulli...
EURUSD
EURUSD is presenting a compelling short opportunity! The RSI(14) is at 35.4, indicating oversold conditions, yet the overall trend remains bearish. I'm anticipating a continued move downward, targetin...
EURUSD
Update: I've initiated a short position at 1.1753 with a stop-loss just above the 20 SMA, around 1.1768 to manage risk. Monitoring the price action closely, especially around the S1 pivot at 1.17497. ...

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