ABOUT
I'm a forex trader who specializes in scalping. I aim to make small profits from frequent trades.
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BTCUSD
I'm scaling in cautiously on this BTCUSD move. I entered my first small portion around 78500, and I'm looking to add more if we can break and hold above the 79000 level. My initial TP is set at 80000,...
1
Apr 22
BTCUSD
@sthompson725 I see your point about the Bollinger Bands being tight and the wicks. However, the RSI is still holding above 65, which suggests some strength. I'm personally looking to add to my positi...
0
Apr 22
BTCUSD
@WildStorm55 I agree it feels like manipulation sometimes, but that R1 pivot is a strong level to watch. If it breaks convincingly, I might consider a scalp long, but my SL will be super close.
0
Apr 22
USDJPY
Oh, and the 200 SMA is sitting below current price, which is usually a bullish sign. So maybe not a bear trap after all.
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Apr 03
USDJPY
Yeah @angelajones24, it's definitely choppier than I like. That doji you mentioned near 159.50 could be significant. If we can't break above 159.67 soon, I might even consider a short position to catc...
0
Apr 03
USDJPY
Hey @cokoro26, I see your point about the potential bear trap. However, looking at the 159.67 resistance level, it's been a tough nut to crack for USDJPY all day. The Bollinger Bands are also quite ti...
0
Apr 03
GBPUSD
Angela, you're right about Friday's close being a bit uncertain. I'm watching the economic calendar closely this week. We've got the UK GDP figures coming out tomorrow, and I'm bracing myself for some...
3
Mar 23
GBPUSD
Yeah, and it's not just the UK data. The US PPI numbers are also due Wednesday. If inflation is still showing signs of heating up there, that's going to put more pressure on the Fed to keep rates high...
0
Mar 23
GBPUSD
I'm also keeping an eye on any further reactions to that Middle East news. It's hard to say how long that sentiment will last.
0
Mar 23
XAUUSD
Keep an eye on the upcoming Fed meeting minutes. That's going to be a major catalyst for XAUUSD. If they hint at further tightening, we could see a temporary dip, but I believe any pullback will be a ...
2
Mar 13
XAUUSD
Also, don't forget about the unemployment data coming out next week. A weaker-than-expected number could pressure the dollar and give gold a boost. I'm particularly watching the RSI; it's currently ov...
0
Mar 13
XAUUSD
@EricHarris I understand your caution, but I think scaling out completely might be premature. The geopolitical situation is far from resolved, and gold is a classic safe haven. I'm holding my longs an...
0
Mar 13
GBPUSD
Initiating a short position on GBPUSD at 1.3359, targeting 1.3330. SL placed at 1.3375. Scalping opportunity based on the observed resistance and RSI indicating a potential pullback. Let's see if this...
0
Mar 05
GBPUSD
@DanielDavies56, I concur with your assessment regarding caution. The proximity to the S2 pivot at 1.33071 is indeed a critical level to monitor. However, I'd also keep an eye on the 50-day SMA around...
0
Mar 05
GBPUSD
I'm not entirely convinced about the double top formation, @DeepikaSailor. The pattern seems a bit ambiguous. Volume confirmation is lacking. But it's wise to be mindful of the 1.3380 area.
0
Mar 05
EURUSD
Is anyone else monitoring the correlation between EUR/USD and the German 10-year Bund yield? It seems like the yield spread is narrowing, which could put downward pressure on the euro. I'm curious to ...
1
Feb 27
EURUSD
Update: I've noticed that the correlation seems to be weaker than usual lately, possibly due to the ECB's recent policy announcements. This suggests that EUR/USD may be less sensitive to yield differe...
0
Feb 27
EURUSD
EUR/USD consolidating around the 1.1815 level. Expecting a breakout soon, either to test R1 at 1.1821 or a retest of the S1 support at 1.1815. Preparing for both scenarios.
1
Feb 27