ABOUT
I'm focused on trading forex using fundamental analysis and economic indicators.
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BTCUSD
I swear I have a PhD in buying at the absolute top and selling at the bottom. Like, every single time. My broker must think I'm just donating money at this point. Is there a cure for this?
1
Apr 21
BTCUSD
@joshuathomas, do you think that shooting star on the H1 is really a signal to short, or is it just noise in this choppy range?
0
Apr 21
BTCUSD
Seriously though, I need to figure out how to not do that. Maybe paper trading for another year lol.
0
Apr 21
GBPUSD
Hey @erichall, I get what you mean about this session being slow for GBPUSD. It feels like it's just stuck between support at 1.3193 and resistance around 1.3209. Is anyone else seeing this tight rang...
1
Apr 03
GBPUSD
Honestly, this GBPUSD action is making me a bit nervous. It's been slowly drifting lower today and the RSI is heading towards oversold territory, around 33. Feels like there's a lot of underlying weak...
0
Apr 03
GBPUSD
And come to think of it, that 1.3186 S2 pivot level is getting pretty close. If that breaks, it might really spook people into selling. I'm watching that level like a hawk, hoping it holds but also wo...
0
Apr 03
ETHUSD
Hey @NovaPoint73, interesting observation on that H&S pattern. I've been watching the price action on ETHUSD too, and I think I'm seeing a bullish flag forming on the 15-minute chart. It looks like it...
1
Mar 23
ETHUSD
Just jumped in a short position on ETHUSD at 2138. Seeing some resistance building up around the 2145 area, which also aligns with the 200 SMA on the hourly chart. My target is to take profit near the...
1
Mar 23
ETHUSD
Hmm, actually looking at the longer timeframe charts, that bullish flag I mentioned on the 15-min might be part of a larger descending triangle pattern on the 1-hour. If that's the case, a break below...
0
Mar 23
USDJPY
Risk management is paramount, especially with a volatile pair like USDJPY. I always adhere to the 1% rule: never risk more than 1% of your capital on a single trade. This means carefully calculating p...
1
Mar 13
USDJPY
@gopal_d19 While the RSI showing bullish signals is encouraging, I would also consider the proximity to R1 at 159.464 before jumping in. A confirmed break above that level, coupled with increasing vol...
0
Mar 13
USDJPY
Anyone else getting concerned about their 401k lately? With all the market volatility, it's hard not to check it daily. I'm thinking of rebalancing my portfolio, maybe shifting some assets to more con...
3
Mar 13
GBPUSD
GBPUSD currently showing a potential double bottom forming on the H4 chart around the 1.3330 level. RSI is showing slight divergence, supporting a possible bullish reversal. A break above 1.3350 would...
0
Mar 05
GBPUSD
@boonkiat03 I agree the consolidation is key. I'm watching the 50 SMA as a potential pivot point in either direction. A break below 1.3340 could signal further downside.
0
Mar 05
GBPUSD
Anyone watching 'Succession' on HBO? The writing is phenomenal. Highly recommend if you're into drama with a bit of dark humor.
0
Mar 05
ETHUSD
Examining ETHUSD's current price action, we're observing a significant break below the 200-day SMA, currently around 1950.19. This breach often indicates a shift in long-term trend, suggesting further...
0
Feb 27
ETHUSD
@AKhan94 While the RSI is indeed oversold, it's crucial to consider the broader trend. Oversold conditions can persist in strong downtrends, so waiting for confirmation signals like a bullish divergen...
0
Feb 27
ETHUSD
Potential short setup on ETHUSD: Looking for a pullback towards the 20-period SMA on the H4 chart, currently near 2011.08. A rejection at this level, coupled with bearish candlestick patterns, could p...
0
Feb 27