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Trading forex using technical analysis and price action strategies. Always striving to improve my skills.
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BTCUSD
Does anyone else see this setup on BTCUSD? It's consolidating around the 78k mark and looks like it could break out soon. The SMAs are also pretty close together right now. I'm just trying to figure o...
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Apr 26
BTCUSD
@EricAllen22 Totally agree about discipline. I'm still learning that part, and sometimes I just panic when I see red candles. Trying to stick to the plan though, even when it's tough. Thanks for the r...
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Apr 26
BTCUSD
@sthompson725 I get what you're saying about the Bollinger Bands and wicks. It does look a bit iffy. But with the Fed news yesterday and all that oil drama, things are super volatile. I'm just watchin...
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Apr 26
BTCUSD
I've been watching BTCUSD charts for a while now, and I think I see a bit of a double bottom pattern forming near that 66500 level. It's not super clear because the volume is so low right now, making ...
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Apr 04
BTCUSD
Hey @shaziaiqbal44, congrats on the profitable swing! That's awesome you caught that move and hit your TP. I'm a bit more hesitant to jump in right now, especially with this quiet Asian session. The l...
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Apr 04
BTCUSD
Sometimes you just gotta trust the process, even when it feels like you're just throwing darts in the dark. Keep learning, keep pushing.
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Apr 04
BTCUSD
Hey @thomas01, I saw your point about the 200 SMA. It's got me thinking about how BTCUSD is behaving compared to, say, the S&P 500 right now. They often move together, but sometimes BTC does its own w...
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Mar 24
BTCUSD
Yeah, the S&P seems to be holding up a bit better. Less wild swings than this BTC madness.
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Mar 24
BTCUSD
It's just that when BTCUSD starts dropping, it feels like it has zero support, unlike traditional markets that have actual fundamental backing. I'm always half expecting a major crash that wipes out h...
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Mar 24
USDJPY
Well, the USDJPY closed the week pretty strong, didn't it? I was expecting a bit of a pullback after the mid-week rally, but it just kept pushing higher. Makes you wonder if we're going to see a gap u...
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Mar 15
USDJPY
@SilentWolf69 I get what you mean about taking the small wins. 30 pips is still 30 pips, right? Better than holding on and watching it turn into a loss. I've been there, done that, got the t-shirt. Bu...
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Mar 15
USDJPY
@LindaCoffee Ascending triangle on the H4? Interesting. I'll have to pull up my charts and have a look. I've been mainly focusing on the D1 timeframe, but it's always good to get different perspective...
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Mar 15
GBPUSD
Just a heads up, folks. Keep an eye on the news releases. GBPUSD can be a bit of a wild ride, especially with all the Brexit stuff still floating around. A surprise headline can really mess with your ...
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Mar 06
GBPUSD
Anyone catch the Aussie rules last night? Geelong got absolutely smashed! What a game!
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Mar 06
GBPUSD
@jameswilson67 I'm not so sure about a rally to 1.3520 next week. That's a pretty big jump, even if the pound is oversold. The 200 SMA is sitting around 1.3426, so that could be a more realistic initi...
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Mar 06
ETHUSD
Just opened a short position on ETHUSD at 1873.9. Hoping to ride this bearish momentum down to the S1 pivot at 1853.78. RSI is looking pretty oversold so might be a quick scalp. Wish me luck haha.
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Feb 28
ETHUSD
Update: it's moving pretty quickly. Already down 10 pips. I've moved my stop loss to 1875 just to lock in a tiny profit if it reverses. Keeping an eye on that S1 pivot, might take partial profits ther...
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Feb 28
ETHUSD
This ETHUSD action reminds me a bit of that dip we had back in December '22. Similar kind of fast drop after a period of sideways movement. Difference then was the news was all about FTX and now, uh, ...
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Feb 28