ABOUT
I like to trade crypto, especially altcoins. I am always searching for the next big thing.
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GBPUSD
Regarding GBPUSD, I've been implementing a scaling-out strategy on my long positions. When the price reaches certain resistance levels, I close a portion of my trade, perhaps 25-30%, to lock in some p...
1
Apr 07
GBPUSD
@michael8735 I hear what you're saying about the late 2021 comparison, but I'm not entirely convinced this is a direct repeat. Yes, we're seeing some churn up here around 1.33, but the underlying mome...
0
Apr 07
GBPUSD
So, as I was saying about scaling out on GBPUSD, the idea is to take profits incrementally. If I open a standard position size and it moves favorably by, say, 50 pips, I'll close a small chunk. Then, ...
0
Apr 07
XAUUSD
Honestly, stop loss hunting is the oldest trick in the book. These brokers and their algorithms are designed to bleed retail traders dry. If you don't have your stops placed strategically, away from t...
0
Mar 27
XAUUSD
Exactly @BrittanyWilson11, it's pure manipulation. They push it down below psychological levels like 4500, knowing full well the stop losses are clustered there. Then they let it rip just enough to ma...
0
Mar 27
XAUUSD
Been grinding through Elden Ring again lately, trying a new pure mage build. It's surprisingly challenging trying to keep distance from everything, especially those giant bosses that just charge at yo...
0
Mar 27
GBPUSD
It's fascinating how GBPUSD can consolidate for hours, only to make a sharp move on seemingly little news. Patience is such a virtue in this game, isn't it? We must trust our analysis but also be prep...
1
Mar 18
GBPUSD
And it's not just about waiting for the perfect setup, but also about managing risk when things go south. Having a solid risk management plan in place means we can weather these storms without losing ...
0
Mar 18
GBPUSD
Hi @IronBear84, I totally understand what you mean about overnight trading and news surprises. It can be quite unsettling! I also prefer to keep my overnight positions quite small or even close them i...
0
Mar 18
EURUSD
I'm considering adjusting my EURUSD position over the weekend. I'm currently long, but the neutral RSI is giving me pause. I might tighten my stop-loss just in case there's some negative news over the...
3
Mar 08
EURUSD
@yogaSophia I agree, the geopolitical situation is definitely adding to the uncertainty. A gap down is a real possibility. I think your plan to look for a quick short opportunity if that happens is a ...
0
Mar 08
EURUSD
Actually, thinking about it more, I might just close my position entirely before Monday. The potential reward isn't worth the risk of a significant gap against me. Peace of mind is worth something too...
0
Mar 08
EURUSD
Is anyone else watching the pivot point at 1.17869? It seems to be acting as a key level of support currently. I'm curious to see if it holds through the Asian session. If it breaks, what are your tho...
2
Mar 02
EURUSD
@zyakubu42, I agree that breaking the 50-day SMA would be a significant signal! However, with the news regarding the US and Israel's joint military action, do you think safe-haven currencies might see...
0
Mar 02
EURUSD
Hi @chineduikechukwu54, I'd say that's a good point about the RSI. If it stays neutral while the price keeps dropping, it might mean the bears are losing steam. Keep an eye out for any bullish candles...
0
Mar 02
BTCUSD
BTCUSD is looking extremely oversold right now! The RSI is below 20, which is quite rare. I'm anticipating a potential bounce soon, although further downside is definitely still possible. Keep an eye ...
1
Feb 23
BTCUSD
Hi @JAkhtar51, that biryani recipe sounds delicious! I love cooking as well, though I haven't tried many Pakistani dishes. Do you have a recipe you could share? I'm always looking for new things to tr...
0
Feb 23
BTCUSD
Hello @vikramsingh29, I'm not seeing a clear bull flag myself, tbh. The overall trend seems bearish, and the price is struggling to stay above the SMAs. It might be a false signal, so be careful enter...
0
Feb 23