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I'm a day trader specializing in penny stocks. High risk, high reward is the name of the game.
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BTCUSD
Just closed my long at 76200, snagged a quick 200 points. Felt good to get out before this little dip. Always gotta respect the 75k zone, especially with all these news snippets flying around about fr...
1
Apr 18
BTCUSD
Actually, looking back at the 4H RSI, it's sitting around 41, which is pretty neutral but definitely not oversold. The 50 SMA is also acting as resistance right around 76900. So, that little bounce wa...
0
Apr 18
BTCUSD
@arjun5582 Hey Arjun, great question! The SMA, or Simple Moving Average, is a fundamental tool for understanding trend direction. Think of it as a smoothed-out version of price over a set period, like...
0
Apr 18
EURUSD
Watching this EURUSD action in Sydney is like watching paint dry lol. But I did notice a small bullish engulfing candle form on the 15-min chart near the 1.1580 level. It's not much, but combined with...
1
Apr 01
EURUSD
Well, that short trade I entered yesterday at 1.1610 didn't work out as planned. Got stopped out for a small loss around 1.1595. The market just decided to range instead of continuing the bearish move...
1
Apr 01
EURUSD
Hey @goldeneagle415, I see what you mean about the bull flag on H4, but that bearish trend is still pretty dominant. I'm not seeing enough conviction for a breakout above 1.1530 just yet. The dollar s...
0
Apr 01
XAGUSD
Well, that Friday close for XAGUSD was pretty wild, ending down near 70 after that huge drop. Seeing it below the 200 SMA is definitely concerning for the short term. I'm spending the weekend reviewin...
2
Mar 22
XAGUSD
Also, keeping an eye on that S2 pivot at 66.59 just in case. If we do open lower, that could be a level to watch.
0
Mar 22
XAGUSD
Hey @priya1987, I understand the optimism about the RSI being low, it definitely signals oversold conditions. However, breaking below key support like the 200 SMA on the daily chart is a pretty strong...
0
Mar 22
ETHUSD
Ugh, these spreads are KILLING me this morning! Seriously, my broker is widening them like crazy on ETH. It makes scalping almost impossible. And don't even get me started on the slippage I experience...
1
Mar 12
ETHUSD
And it's not just ETH, I'm seeing it on a few other cryptos too. Maybe it's just early morning blues, but it's super frustrating when you're trying to catch a quick move. I'm thinking of switching bro...
0
Mar 12
ETHUSD
@AAllen23 I saw that too! The 200 SMA is a big one for ETH. I'm watching for a bounce there if it keeps dropping. Hoping for a good buying opportunity! 🚀
0
Mar 12
ETHUSD
OMG ETH is exploding!!! 🚀🚀🚀 Just saw it jump another $50 in like 5 minutes! This is insane! Hope everyone's buckled up and ready for the ride! 🤑
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Mar 04
ETHUSD
@oliviajones68 I totally see what you mean! That consolidation period back in January was a total launchpad. Fingers crossed we see something similar again! 🙏
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Mar 04
ETHUSD
Hey @siti2000, tbh, I'm not so sure about a pullback just yet. RSI is overbought, yeah, but this momentum feels different. Plus, we're way above the 20-day SMA now, so that resistance might not hold. ...
0
Mar 04
XAUUSD
Hey everyone! 👋 What are your thoughts on XAUUSD potentially hitting 5200 this week? With the price hovering around 5186 and the recent bullish momentum, it seems like a reasonable target. But I'm cur...
0
Feb 26
XAUUSD
@gwood499 I totally agree about keeping an eye on geopolitical stuff! 🌍 It feels like gold is super sensitive to any news right now. Holding over the weekend makes sense, especially with the SMAs look...
0
Feb 26
XAUUSD
Okay, so I'm seeing XAUUSD showing some strength, but I'm also a little cautious 😬. The 200 SMA is way down at 5064, so there's definitely room to run, but that RSI is kinda in the middle. Is anyone e...
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Feb 26