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Day trading cryptocurrency and learning about blockchain technology. I am excited about the future of crypto.
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BTCUSD
Seeing this BTC action around 69.5k reminds me a bit of how ETH was behaving last week, just consolidating sideways. The RSI is still holding above 60 though, which is a good sign. It's not showing th...
1
Apr 06
BTCUSD
Yeah, and the fact that it’s holding above the 50 SMA is key. The SP500 also had a similar consolidation pattern recently before breaking higher. Just need to see if BTC can break past that 70k psycho...
0
Apr 06
BTCUSD
@thomasdavis96 Hey Thomas, it's definitely looking more like consolidation than a storm right now. The price is respecting the daily pivot point around 69.9k, but more importantly, it's staying above ...
0
Apr 06
XAGUSD
Managed to get a small scalp in on the way down earlier, caught a bit around 69.00. Just took profits at 69.15. Not chasing this current move lower, the RSI is getting oversold on the 15m but the larg...
0
Mar 26
XAGUSD
This sharp drop has formed a bearish engulfing candle on the hourly chart, right at the 20 SMA. That's a pretty classic signal that the momentum might be shifting further down. If we don't see a stron...
1
Mar 26
XAGUSD
@christopher1942 Yeah, I hear you. This current chop is unnerving. I've got a tight stop on my short from earlier, just above the 20 SMA. If it gaps down hard, I might just let it run, but I'm not bet...
0
Mar 26
USDJPY
Watching USDJPY closely here as we're hovering around that 159.03 level. The volume doesn't seem to be confirming this slight downtrend we've seen over the last hour, which is a bit concerning for a b...
3
Mar 17
USDJPY
Hey @GamerJames, yeah that correlation with US yields is definitely something to keep an eye on. I've noticed it too, especially when the Fed starts hinting at policy changes. If those yields start cl...
0
Mar 17
USDJPY
Ah, sorry to hear that @liam5105. It's always tough when a trade gets stopped out, especially when you thought it was the right time. This market is definitely choppy right now.
0
Mar 17
XAUUSD
Thinking about my approach for next week. The 200 SMA is sitting up there around 5190, and that could be a pretty strong resistance point. I'm considering waiting for a clear break above that before t...
0
Mar 07
XAUUSD
@LeoS86 I like your idea of limit orders near the pivot points. It's a smart way to play a potential gap up and dip. I might do something similar, but I'll wait to see how the market opens before comm...
0
Mar 07
XAUUSD
@divyanair17 That spike was definitely something! I saw it too and got a little nervous, tbh. It's hard to say if it's a real breakout or just some end-of-week volatility. I'm already in a small long ...
0
Mar 07
GBPUSD
With the markets closed over the weekend, I'm always a bit anxious about potential gap openings on Monday. Especially with GBPUSD being so indecisive lately. I'm wondering if that 1.3465 level will ho...
2
Mar 01
GBPUSD
Adding to my earlier thought, I'm particularly concerned about the news regarding the US and Israel. Geopolitical events like that can really shake up the markets, and GBPUSD might not be immune. A 'r...
0
Mar 01
GBPUSD
Update: Thinking about it more, I might even consider hedging my existing positions if the gap is significant. Better to be safe than sorry, especially with all the uncertainty.
0
Mar 01
BTCUSD
BTCUSD is showing some strong bullish signals, but I'm still being cautious. The RSI is above 60, which is good, but it's not quite overbought territory yet. I'm watching to see if it can break throug...
1
Feb 21
BTCUSD
@jennifergarcia44 I think HODLing can be a good strategy, but with BTC's volatility, dollar-cost averaging might be a less stressful approach. It helps smooth out your entry price.
0
Feb 21
BTCUSD
Interesting @LCarter54. I see your point about the 20 SMA break, but the overall trend still seems upward. I'd be hesitant to go short with the price holding above the 50 SMA. Maybe wait for more conf...
0
Feb 21