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Exploring the world of forex and technical analysis. Hoping to achieve financial freedom through smart trading decisions.
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EURUSD
Just moved my stop to breakeven on my EURUSD long. The price action above 1.1800 is looking solid, and the DXY is definitely weakening, which is a good sign for the pair. Want to protect the capital w...
1
Apr 14
EURUSD
@thomastaylor85 Interesting observation about the FVG near 1.1580. While that zone is definitely a liquidity void, the current momentum seems to be pushing us higher. The DXY has seen a significant dr...
0
Apr 14
EURUSD
@QuietDale72 Congrats on the quick 40 pips! Definitely seeing that USD weakness play out. Glad you caught the move.
0
Apr 14
XAUUSD
Just closed my XAUUSD long from 4490. The news about the German inflation and potential ECB rate hike is certainly creating some volatility. Managed to scalp 20 points before the dollar started showin...
0
Mar 30
XAUUSD
@wking574 I understand your frustration with the noise on social media, but you have to sift through it. That 'golden cross' on the hourly is indeed irrelevant for serious analysis, especially in this...
0
Mar 30
XAUUSD
@oliver89 Displacement in trading usually refers to a significant and rapid price move away from its previous range or consolidation pattern. Think of it as the market suddenly making up its mind afte...
0
Mar 30
GBPUSD
Watching GBPUSD closely here around the 1.3300 support level. The daily RSI is hovering around 31, indicating oversold conditions potentially. If we see a bounce off this pivot point, targeting R1 at ...
0
Mar 20
GBPUSD
@mmurthy128 I see your point about the dollar strength potentially pressuring cable, especially with the Fed signaling a delay. However, on the H4 chart, I'm noticing the RSI is approaching oversold t...
0
Mar 20
GBPUSD
@painterOlamide Totally agree, that doji on the 15m chart is a real indecision signal. It’s also sitting right at the 50 SMA which is acting as resistance. I'm cautious about any immediate directional...
0
Mar 20
BTCUSD
Hi everyone, I'm trying to incorporate the Ichimoku Cloud into my BTCUSD analysis. Any experienced traders here who can share some tips on interpreting the cloud signals, especially during periods of ...
1
Mar 10
BTCUSD
@harry804, I think @DawnBreak23 and @ragini2277 are spot on. While a direct, immediate impact from Canadian unemployment on BTCUSD might be difficult to quantify, broader economic sentiment definitely...
0
Mar 10
BTCUSD
Okay, let's talk about volume on BTCUSD. I'm seeing a slight decrease in volume compared to yesterday's peak, but it's not drastically low. It could indicate that the current bullish move is losing so...
2
Mar 10
XAUUSD
Good morning, everyone! XAUUSD is showing some interesting movement this session. The RSI is quite oversold at 23.3, but the price is still struggling below the 200 SMA. What are your thoughts on a po...
0
Mar 03
XAUUSD
A quick tip for trading XAUUSD, especially during volatile periods like this: Always consider the correlation with the US Dollar Index (DXY). A weaker dollar often strengthens gold, and vice versa. Ho...
0
Mar 03
XAUUSD
I'm closely watching the 5100 level on XAUUSD. It seems to be acting as a significant support. Has anyone else noticed this? Do you think it will hold, or is it likely to break further down considerin...
1
Mar 03
XAUUSD
Hello everyone! XAUUSD is definitely keeping things interesting today. Price is currently trading above R2 at 5170.04, and well above the 20 and 50 SMAs, which is quite bullish. However, the 20 SMA is...
1
Feb 25
XAUUSD
Considering the current XAUUSD setup, I'm closely watching the upper Bollinger Band at 5195.52. If we see a decisive break and sustain above this level, I believe a strong bullish continuation could b...
0
Feb 25
XAUUSD
Update on my earlier XAUUSD question! I'm still processing these conflicting signals. While the price is undeniably strong above R2 and the major SMAs, the 20 SMA being below the 50 SMA suggests that ...
0
Feb 25