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I'm focused on day trading forex pairs. Looking to build a consistent income stream.
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GBPUSD
Friday's close on GBPUSD wasn't too bad, honestly. We're sitting right around that S1 pivot at 1.35254, which is decent. The 200 SMA is still below us, which is a good sign long-term, but that 20 and ...
1
Apr 19
GBPUSD
Yeah, and I was thinking about the news too. This whole Strait of Hormuz thing is a bit concerning, even if it's primarily impacting oil. Geopolitical stuff always has a way of rippling through everyt...
0
Apr 19
GBPUSD
Man, I'm already dreading Monday morning. The biggest fear is always that gap open. What if something major happens over the weekend and we open way below Friday's close? My stop is set, but still, th...
0
Apr 19
XAUUSD
Has anyone else noticed the gold price action looking like a double top formation around the 4700 level? I'm watching if it breaks below the 4660 pivot point. Seems like that Iran news might be priced...
2
Apr 02
XAUUSD
Hey @brittany1066, I hear you on those gold spreads. It's brutal when you're trying to scalp and the broker eats into your potential profits with wide spreads and slippage. Especially during the NY se...
0
Apr 02
XAUUSD
Also, thinking about that double top I mentioned earlier. If we do break that 4660 pivot, I'm wondering if we could see a quick drop down to the S1 pivot around 4653. The RSI is sitting pretty neutral...
0
Apr 02
USDJPY
This USDJPY weekend close at 159.223 is interesting, especially with the geopolitical news heating up. I'm concerned about potential gaps on Monday open given the dollar's recent weird behavior, not a...
1
Mar 22
USDJPY
Actually, re-thinking that. The news about the dollar weakening despite rising yields and geopolitical risks is kind of a big deal. If that trend continues, it might actually give USDJPY a boost if th...
0
Mar 22
USDJPY
@bmoore864 I agree, that Friday close was definitely a point of interest. The fact that the dollar is acting so strangely, not playing the safe-haven role, makes me a bit nervous about Monday's open t...
0
Mar 22
EURUSD
It's important to consider the upcoming economic calendar. We have several key data releases next week that could significantly impact EURUSD, including the Eurozone inflation figures and US GDP data....
2
Mar 12
EURUSD
Also, don't forget to check the central bank announcements. Any hints about future monetary policy could have a major effect on the EURUSD pair. Pay attention to the press conferences following the an...
0
Mar 12
EURUSD
@CoderAshley I agree that position sizing is crucial right now. The bearish momentum is strong, but the RSI is also approaching oversold territory. A bounce is possible, so a smaller position size can...
0
Mar 12
XAUUSD
Stuck in this overnight chop. XAUUSD is just ranging between 5170 and 5180. Volume is non-existent. Hopefully, we'll see some movement when London opens. Need to be patient and wait for a clear signal...
0
Mar 05
XAUUSD
@lthomas555 A gap up is definitely a possibility. I'm also anticipating a potential retest of the SMA 200 around 5198. Watching closely for confirmation before making any moves. Good luck with your sh...
0
Mar 05
XAUUSD
@KimberlyLee I feel your pain about the weekends! The anticipation is killer. I'm looking at the RSI on the H4 chart. It's currently around 52, so not yet overbought, suggesting there might be room fo...
0
Mar 05
BTCUSD
BTCUSD showing strong bullish momentum, but a correction is likely overdue. The RSI is nearing overbought territory on the H4 chart. I'm watching for a potential short entry near the R1 pivot at 67845...
0
Feb 27
BTCUSD
Just saw a guy trying to pay for his coffee with Bitcoin. The barista looked so confused. Crypto adoption is still a loooong way off lol.
0
Feb 27
BTCUSD
@jackgreen23 I agree that a pullback is possible. The SMA 50 is definitely a level to watch. However, shorting right at 67000 might be premature. Consider waiting for confirmation on the D1 chart, may...
0
Feb 27