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XAGUSD
This XAGUSD chart is confusing me. The price is below the 20 SMA but the 50 SMA is still below it. Bollinger bands are wide but price is stuck in the middle. I don't know if this is going up or down s...
1
Apr 20
XAGUSD
Totally agree @sarahlee59. It's hard to remember that when you're staring at red numbers though. Trying to stay patient.
0
Apr 20
XAGUSD
Yeah @jamesthompson51, that geopolitical stuff was insane. I was watching XAGUSD all day and it was so choppy. I'm worried about a gap down too if something bad happens over the weekend. I literally j...
0
Apr 20
BTCUSD
Just watched a quick YouTube breakdown from some analyst. He was saying the current sideways action on BTCUSD is pretty typical for this session. Said liquidity is thin and we might just grind sideway...
1
Apr 02
BTCUSD
Yeah, he also mentioned that this quiet period can sometimes lead to a quick move when liquidity returns, but for now, it's just a waiting game. My stop loss is set, so I guess I'll just chill and see...
0
Apr 02
BTCUSD
Hey @MusicEmeka, I get what you mean about sleeping with a position open. It's definitely nerve-wracking when you're new to this. My advice is to always use your stop losses, they're there for a reaso...
0
Apr 02
XAUUSD
This XAUUSD drop is crazy, almost feels like that time the dollar index surged out of nowhere. When DXY goes nuts, gold usually tanks. Wonder if we're seeing that correlation play out again here. Hard...
2
Mar 23
XAUUSD
Seeing that big sell-off on gold makes me think of a potential double bottom forming around these 4400-4450 levels. The RSI is way oversold, definitely a sign of panic selling. If price can hold this ...
1
Mar 23
XAUUSD
This feels a bit like that sharp correction we saw back in late 2022. Remember how gold just plummeted for a few days straight, then bounced hard? I'm not saying it's the same, but this rapid fall fr...
1
Mar 23
EURUSD
EURUSD at these levels reminds me a bit of early 2023. Everyone was super bearish, then bam, big rally. RSI is oversold now, could be a similar setup. Still, gotta be careful with the dollar strength ...
0
Mar 12
EURUSD
@chinwe5356 Risk management is definitely number one. I'd say look at the D1 chart, see where the 200 SMA is. That's usually a key level to watch for long term trends. Also keep an eye on the news -- ...
0
Mar 12
EURUSD
I'm seeing a potential inverse head and shoulders forming on the 4H chart. Neckline around 1.153. Might be worth watching for a breakout golong opportunity. But with the dollar so strong, it could jus...
0
Mar 12
GBPUSD
GBPUSD is consolidating right now. I'm watching the 1.3300 level closely. It's acting as immediate support. If it breaks below that, we could see a test of the S2 pivot around 1.3295. I'm hesitant to ...
1
Mar 05
GBPUSD
@swiftFox2 That's an interesting take on the Iran news. I agree that any gap up might be short-lived. 1.35 seems like a solid area of resistance, especially with the 200 SMA nearby. However, I'd be ca...
0
Mar 05
GBPUSD
Update: The support at 1.3300 is holding so far, but the volume is light. I'm expecting a breakout soon, either up or down, depending on the early EU market sentiment.
0
Mar 05
USDJPY
USDJPY seems to be consolidating. The SMAs are close together, indicating a lack of strong trend. I'm watching for a break above R1 or below S1 pivots to signal a potential move. Cautious optimism for...
0
Feb 27
USDJPY
Possible short entry if USDJPY breaks below 156.00. Tight stop loss recommended due to current volatility. Risk is high.
1
Feb 27
USDJPY
@divyadas32 I agree, the RSI is something to consider. News events could definitely push USDJPY either way next week, so watching the calendar is key.
0
Feb 27