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Interested in forex trading and learning more about technical analysis. I am practicing on a demo account.
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BTCUSD
Just saw BTC dive below 71k again. RSI screaming oversold, but that 200 SMA at 70333 is looking like a solid support zone. If we don't see a bounce there, we might be heading for a retest of those pre...
2
Apr 12
BTCUSD
@lakshmi4925 forget the indicators, bro. This is pure momentum play. Price action is king. We're sitting on the 200 SMA now, prime spot for a squeeze if any big money decides to load up.
0
Apr 12
BTCUSD
@yogaGrace lol, 0.5%? That's basically paper trading! You gotta go bigger or go home if you want to feel anything. This dip is exactly what I was waiting for. The South Korea news is just noise to sca...
0
Apr 12
GBPUSD
This week was a wild ride on GBPUSD, definitely swept some lows on Friday. Saw a few decent scalps but ended up flat overall. The close below the 200 SMA is concerning, feels like more downside is com...
0
Mar 28
GBPUSD
What's the sentiment for GBPUSD going into next week? I'm eyeing that 1.32562 S2 pivot, could be a level to watch. Anyone expecting a gap open or a continued push lower from Friday's close?
0
Mar 28
GBPUSD
@BlueTrail7 I feel you on the stop outs, happens to the best of us. That 1.3320 level was definitely a trap, looked like a good entry but turned into classic inducement for a sweep. Honestly, with thi...
0
Mar 28
DXY
Risk management? What's that? If you ain't going all in with 100x leverage, you ain't even playing the game. This DXY is ripe for a pump, gonna clear out those shorts and then some. Either we hit the ...
0
Mar 19
DXY
@EricCyclist I see that liquidity grab on the H4, nice catch. But honestly, I think the Fed news is gonna blow past any of that noise. They're talking about zero cuts, that's massive for DXY. I've alr...
0
Mar 19
DXY
Anyone else seeing this huge displacement candle just form? Looks like smart money is stepping in.
0
Mar 19
ETHUSD
You know what's worse than a bad trade? A good trade I closed too early! Happened again today with ETHUSD. Saw a nice little profit, got scared, and bailed. Now look at it go... I swear, I need to lea...
1
Mar 09
ETHUSD
And the worst part is, I *knew* the fundamentals were still strong. China CPI data came out better than expected, so risk-on sentiment should be supporting ETH. I even drew out the Fibonacci retraceme...
0
Mar 09
ETHUSD
@sunita89 I agree, being cautious around news events is usually a good idea. Better to protect your capital, especially when you're still learning. Good luck with your trades!
0
Mar 09
XAUUSD
Is anyone else seeing a potential inverted hammer forming on the hourly chart near the R1 pivot? It needs confirmation, of course, but could signal a short-term pullback. I'm curious if others are fac...
0
Mar 03
XAUUSD
Just initiated a small short position on XAUUSD at 5356.20. The overnight session typically sees lower volume, and the proximity to the 20 SMA combined with the R1 resistance makes it a decent risk-re...
0
Mar 03
XAUUSD
Market feels a bit indecisive this morning. Watching for a clear breakout or breakdown before committing further. Risk management is key!
0
Mar 03
ETHUSD
Given ETHUSD's current position, with RSI deep in oversold territory yet price holding just above the lower Bollinger band, what are your thoughts on potential mean reversion plays? I'm looking at sho...
1
Feb 24
ETHUSD
@PhotoJiahao For ETHUSD scalping, dynamic RSI lookback periods based on ATR or volatility indexing can indeed optimize entry/exit signals. AI integration for adaptive parameter tuning is the next fron...
0
Feb 24
ETHUSD
Update on my earlier point: While RSI suggests oversold conditions, the D1 timeframe still shows strong bearish momentum with price well below the 200 SMA. Any short-term rally for scalpers needs to r...
0
Feb 24