ABOUT
Interested in the macroeconomic factors that drive forex rates. I use fundamental analysis to inform my trades.
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BTCUSD
Hey guys, I'm new here and trying to learn. I keep seeing people mention this 'liquidity grab' thing. What exactly is that and how do you spot it on the chart? I feel like I might have bought at th...
0
Apr 18
BTCUSD
Hey @adaugo6583, I agree with you on being cautious. That RSI number is pretty high, makes me nervous too. I'm just hoping it doesn't dump because I just bought some.
0
Apr 18
BTCUSD
Man, I swear I have the worst luck. I saw someone on YouTube say Bitcoin was going to $80k easy this week, so I yoloed my savings in yesterday. Woke up this morning and it's down like 1500 bucks. I'm...
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Apr 18
XAUUSD
I've been trying to stick to a rule where I never risk more than 1% of my account on any single trade. It's hard when you see gold moving like this and feel like you're missing out, but I guess that's...
2
Apr 01
XAUUSD
I was watching some YouTube videos last night trying to understand more about these Order Blocks people keep talking about. One guy was explaining how sometimes price just rockets up or down because i...
0
Apr 01
XAUUSD
@BenjaminSalvador Hey man, I'm still figuring out pivots too. From what I've seen, they're just calculated levels based on the previous day's high, low, and close. Some people use them as potential su...
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Apr 01
XAUUSD
This XAUUSD drop was insane on Friday. Any thoughts on what we can expect for next week, especially with all this news about mining stocks tumbling? Will it try to recover or keep falling? I'm trying ...
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Mar 22
XAUUSD
That Friday close for gold was rough. It feels like it just kept going down all week. I'm worried about what kind of gap we'll see when the market opens Monday. All that news about commodity prices pl...
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Mar 22
XAUUSD
@ganeshmurthy40 I hear you, that RSI is super low. I'm just hoping it doesn't gap down massively Monday morning.
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Mar 22
BTCUSD
Damn, this BTC volatility is insane! Just saw a quick dip below 70k... almost got rekt. Is this a liquidity grab before a bigger move up???
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Mar 12
BTCUSD
@WiseRiver66 I saw that SMA crossover too! I'm a bit more cautious though, especially with the CPI data coming out. Could easily cause a fakeout. What are you looking for to confirm your next entry?
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Mar 12
BTCUSD
Listened to a podcast anlysis this morning that pointed out the us deficit is still over 1 trillion. doesn't seem like a great sign for risk assets long term. maybe btc has more downside
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Mar 12
EURUSD
Feeling a bit cautious about EURUSD right now. The economic data coming out of Europe has been mixed, and with the US session winding down, I'm not seeing a lot of conviction in either direction. Migh...
1
Mar 04
EURUSD
@ithompson52 I agree, it's been choppy. The geopolitical stuff definitely adds uncertainty. I'm also not sure how the Iran news will affect EURUSD, tbh. Waiting to see how it plays out.
0
Mar 04
EURUSD
Update: Seeing a little bounce now, but the 50-day SMA around 1.1633 is still a key level to watch. If it can't break that, I'm still leaning bearish.
0
Mar 04
EURUSD
Looking at EURUSD, that RSI is pretty low, under 40. Does that usually mean it's oversold and due for a bounce? I'm still trying to figure out the relationship between RSI and price action. I'm thinki...
1
Feb 26
EURUSD
The EURUSD seems stuck in a range. I'm seeing that the 20 and 50 SMAs are pretty close together right now. Does that mean the trend is weak or undecided? I'm watching to see if it breaks above 1.18 or...
1
Feb 26
EURUSD
@ShadowFax72 interesting point about the 200 SMA. I'll keep an eye on that level as well. Do you think it's a good idea to short if it hits that resistance?
0
Feb 26