ABOUT
I like to trade forex based on news events. Following economic calendars closely.
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XAGUSD
Man, XAGUSD just dropped like a rock again. I thought it was going to hold that 79.80 level. Now it's trading around 79.70. This Iran stuff is really making me nervous about holding any silver right n...
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Apr 20
XAGUSD
This quiet Sydney session is killing me. Feels like nothing is happening, but every time I look away it seems to have moved a little bit against me. So much uncertainty with that news.
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Apr 20
XAGUSD
@chiZara That sounds awesome! I've been too stressed with trading to play any games lately. My silver position is making me sick to my stomach, I'm down like 100 bucks and can't sleep. Maybe I should ...
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Apr 20
ETHUSD
I'm watching ETHUSD right now and it seems like it's forming a bit of a falling wedge pattern on the 1-hour chart. The price is getting squeezed between these lower highs and lower lows. I'm thinking ...
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Apr 03
ETHUSD
@andrewanderson I see what you're saying about that double top, it does look a bit suspicious. But honestly, with all this geopolitical tension from the oil news, I feel like the market might be overr...
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Apr 03
ETHUSD
@william03 I feel you, man. Insurance is a nightmare. I stopped even trying to understand it all.
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Apr 03
EURUSD
Is anyone else seeing this little pause around 1.1590? It feels like it's struggling to push higher. I'm wondering if that 1.16 level is going to hold strong or if we'll see a quick pop and then a rev...
1
Mar 23
EURUSD
This whole move from 1.1520 up to almost 1.16 is making me nervous. I read something about the USD strengthening with Middle East tensions, and that usually makes EURUSD drop, right? But the charts he...
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Mar 23
EURUSD
@CoolBear99 Hey Mia, I see you're long from 1.1520. That's a good entry point I think. I'm also watching this pair and it's been a bit confusing. The news about the dollar seems to suggest a move down...
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Mar 23
EURUSD
I'm opening a small short position on EURUSD at 1.1465. Given the current bearish trend and the dollar strength driven by inflation concerns, I'm keeping my position size conservative at 0.5% of my ac...
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Mar 13
EURUSD
@amanda8170 I agree, the break of S1 is significant. I'm also seeing the RSI near oversold, but i'm a little concerned about a potential bounce. Are you considering any additional confirmation signals...
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Mar 13
EURUSD
@pulserate415 that's a really good point about discipline. It's tempting to chase quick profits especially with the market moving so fast today, but sticking to the plan is crucial. I've found that jo...
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Mar 13
XAUUSD
Gold's been a bit choppy lately, hasn't it? One thing I've found helpful is to check the economic calendar for any upcoming news events that could impact its price. Major announcements often lead to i...
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Mar 05
XAUUSD
@mChu69, I'm relatively new to this as well, but I think waiting for a clearer trend is often the most prudent approach. When the market is flat, it can be difficult to predict which way it will break...
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Mar 05
XAUUSD
Eric, I completely understand your point about tight stop losses. With XAUUSD's volatility, it's a real challenge. I personally try to base my stop loss placement on key support and resistance levels ...
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Mar 05
BTCUSD
The current price action on BTCUSD is concerning. We're seeing a clear downtrend, and the price is testing the lower Bollinger Band. I'm hesitant to enter any new positions until I see a clearer signa...
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Feb 27
BTCUSD
Update: I'm also keeping an eye on the RSI. If it drops into oversold territory, that could present a buying opportunity, but I'll need to see other confirming indicators first.
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Feb 27
BTCUSD
Is anyone else noticing the increased volatility in BTCUSD lately? It seems like the market is reacting strongly to every piece of news. I'm finding it challenging to maintain a steady position with t...
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Feb 27