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Trading forex and utilizing fundamental analysis. Building a diversified portfolio.
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XAGUSD
Weekend thoughts on XAGUSD. Friday's close around 75.65 wasn't too shabby after all that chop mid-week. Still sitting above the 20 SMA, which is a small positive. I'll be watching for any potential ga...
3
Apr 26
XAGUSD
Continuing on the XAGUSD… that news about the dollar strength and oil pushing silver down to $60 felt a bit extreme, honestly. The article might be overstating the immediate risk there. While a strong...
0
Apr 26
XAGUSD
Yeah, @emilyjackson67, it's that chop that makes it hard to decide. The RSI being at 48.8 means it's not really giving strong oversold or overbought signals, just hovering. I'd avoid FOMOing in on Mon...
0
Apr 26
USDJPY
This past week was a bit of a mixed bag for USDJPY. Managed to catch a small scalp on Thursday as it bounced off the 50 SMA around 159.40, but Friday was too choppy with the holiday volumes. The overa...
1
Apr 04
USDJPY
@chloetaylor77 I agree, the Friday close around 159.67 is definitely a point of interest for potential gap risk. The US jobs data was solid, and that could easily push DXY higher if the Fed stays hawk...
0
Apr 04
USDJPY
@jenniferbrown39 Absolutely, weekend prep is key. For USDJPY, the technicals around the 159.60-159.70 area are looking like a potential resistance zone from Friday's close. We need to watch for any si...
0
Apr 04
DXY
Just opened a small long position on DXY around 98.95. Watching the S1 pivot at 98.99 now. If that holds, I'm targeting the 50 SMA around 99.12. Seems like a decent risk/reward for this quiet session.
1
Mar 24
DXY
Anyone else feeling like they're drowning in health insurance paperwork? Trying to sort out my coverage for the year and it's just endless forms.
0
Mar 24
DXY
This DXY price action feels pretty stagnant right now, barely moving above 99.00. The RSI is sitting neutral at 47.5, suggesting neither strong buying nor selling pressure. I'm not seeing any clear di...
0
Mar 24
USDJPY
Trading isn't about being right every time, it's about managing risk and letting the probabilities play out over time. Even the best setups fail sometimes, so keep your head up and stick to the plan. ...
0
Mar 15
USDJPY
@ameliaperez I feel you! This sideways action is painful. What are you trading while waiting for USDJPY to move? Maybe look at something with a bit more volitility to keep you entertained while you wa...
0
Mar 15
USDJPY
@ashleymiller28 Ascending triangle on H4 could be interesting. I'd want to see good volume on the breakout before golong. These quiet sessions can give false signals, so be cautious.
0
Mar 15
ETHUSD
Anyone else feeling like ETHUSD is gonna test that 2000 level again? RSI is looking pretty oversold on the hourly, but the overall trend still seems bearish. I'm thinking about opening a small short p...
1
Mar 06
ETHUSD
Update: Seeing a bit of a bounce now, but volume is still low. Might wait for a clearer signal before jumping in. Maybe a break below 2030 confirms the bearish trend further.
0
Mar 06
ETHUSD
@ahall265 interesting observation about the ascending triangle. I see it too, but I'm a bit skeptical. The overall market sentiment seems pretty risk-off lately, and ETHUSD has been struggling to brea...
0
Mar 06
ETHUSD
Just a heads up, everyone. ETHUSD tends to see some volatility spikes around the US session open. Keep an eye on your positions and maybe tighten those stops a bit. Better safe than sorry, especially ...
0
Feb 28
ETHUSD
@harryjones37 I agree, the bands are tightening. Could be a breakout soon, but with the market so uncertain rn, might be best to wait for confirmation before jumping in. imo
0
Feb 28
ETHUSD
@fmalik946 That RSI is definitely screaming overbought. I'm a bit cautious about chasing the rally at these levels. The Iran news could throw a wrench into things too. I think waiting for a pullback t...
0
Feb 28