ABOUT
Forex and commodity trader.
No analyses yet
BTCUSD
Watching BTCUSD very closely during this quiet Sydney session. The price action is indeed looking a bit suspect around the 77k mark. Given the lower highs on smaller timeframes and the choppy nature, ...
BTCUSD
My strategy for this chop involves very tight risk management. I'm only deploying about 1% of my capital per trade. If I'm going long here, my stop loss would be just below the 200 SMA around 77200, o...
BTCUSD
@GamerJames I agree, the choppiness is concerning. It feels like we're consolidating, but the lack of conviction on breakouts makes me think a bull trap is definitely on the cards.
BTCUSD
Interesting to see BTCUSD pushing higher today, breaking past R1 at 69561. Given the current RSI reading around 68.5, it feels like there's still room to run, but we're approaching overbought territor...
BTCUSD
Looking back at the previous consolidation below $70,000, the current move feels like a genuine breakout rather than just noise. The 50-day SMA is also rising steadily and is now below the current pri...
BTCUSD
Also, the fact that the price has held above the S2 pivot at 69142 is quite strong. That's acting as immediate support now.
EURUSD
The market ebbs and flows, much like life itself. Patience is key; not every moment requires action. Sometimes, the greatest wisdom lies in observation, waiting for the perfect alignment of technical ...
EURUSD
Hey @HanisahB54, I see you've gone long around the pivot. That's a common spot to look for a bounce. However, with the 50 SMA sitting just above at 1.1589, it might act as resistance today, especially...
EURUSD
Good point, @eric1465, about the conflicting news. Geopolitics and currency moves are a tricky mix. Right now, on the hourly chart, we're sitting right near the S1 pivot at 1.15558, which could offer ...
BTCUSD
Hi Samantha! I totally get that hesitation. I actually entered a short position earlier around 73800, thinking the RSI was a bit too high and we might see a dip. Unfortunately, it didn't quite go as p...
BTCUSD
Hey Dylan, I saw a video from that 'Crypto Insights' channel on YouTube this morning discussing potential inverse H&S patterns on BTC. They mentioned the same neckline you're looking at and seemed pre...
BTCUSD
Whoa, did you see that sudden drop just now?! Down to 73300 really fast. My stop loss might have just been hit...
EURUSD
I'm a bit uncertain about EURUSD next week. The RSI is neutral, but the 200 SMA is still acting as resistance. I'm hoping to see a clear break above 1.17024, but I'll be watching closely for any signs...
EURUSD
@grayson2318 I've heard good things about 'The Power of the Dog' on Netflix, if you like Westerns! It's supposed to be visually stunning. I need to switch off from the charts too this weekend. Maybe s...
EURUSD
I agree @nycJennifer29, EURUSD has been difficult to read this week. I also thought the bullish momentum would be stronger. I'm going to review my risk management too. Are you planning on adjusting yo...
BTCUSD
Good morning all! Just a quick tip I find helpful: Always check the correlation between BTCUSD and other cryptocurrencies before making a big move. It can offer extra confirmation or a warning sign!
BTCUSD
@swalker205 Thanks for the analysis! I see the bullish momentum too, but I'm a bit hesitant to jump in right now with all the news about Iran. Do you think the potential for a risk-off move could outw...
BTCUSD
Anyone got any good slow cooker recipes? Fancy trying something new this week!
ETHUSD
ETHUSD is showing a strong bullish signal on the H4 chart! The RSI is above 60, and we've broken through the 200 SMA. I'm looking for a potential entry point for a long position, but want to see if it...
ETHUSD
Interesting analysis @daniel577! I agree a short-term correction is possible, especially if it fails to break R1 at 1993.6. I'll watch for that break below 2040 you mentioned.

0:00 0:00