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Day trading penny stocks and looking for quick profits.
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ETHUSD
Woah, ETH just spiked up to test the R1 pivot around 2346.2, then got absolutely rejected. Seeing a lot of selling pressure there, looks like a potential fakeout above that short-term resistance. Defi...
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Apr 19
ETHUSD
Looking at the H4 chart for ETHUSD, I'm seeing what could be the formation of a descending triangle pattern. We've got that clear horizontal support holding around the S1 pivot, near 2326.62, and then...
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Apr 19
ETHUSD
I'm scaling into a short position on ETHUSD around 2335. Only risking 0.75% of my capital on this trade, given the current choppy action and the fact that we're near the daily pivot.
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Apr 19
XAGUSD
Whoa, this US futures plunge is something else. Saw the headlines about political uncertainty spiking risk aversion. Definitely seeing some spillover here, XAGUSD took a quick hit on that news. Seller...
1
Apr 02
XAGUSD
Hey @SkierJunaid, that's a really interesting point about the Colombia copper news and its potential impact on silver. I've been following the industrial metal markets closely too, and the supply chai...
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Apr 02
XAGUSD
Hi @ricardo4193, I agree it feels range-bound in the Asian session. That 70.60 area is definitely a level to watch for a potential bounce, but I'm also wary of that FVG you mentioned. Better to wait f...
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Apr 02
DXY
Looking at the DXY weekly chart, it closed pretty much flat around 99.25. The RSI is hanging out at 51, which is about as neutral as it gets. Honestly, it feels like we're just consolidating here afte...
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Mar 22
DXY
Hey @MidnightRun19, good question about the gaps. My take is that a gap up on Monday wouldn't necessarily mean it's 'priced in' already, but it would definitely make me more cautious about chasing it ...
1
Mar 22
DXY
Weekend thoughts on strategy for DXY next week. Given how it ended last week, sitting right on that 50-day SMA around 99.39, I'm not super aggressive either way. The geopolitical tensions could push i...
1
Mar 22
ETHUSD
Okay, still holding my long position from earlier. I've tightened my stop loss to 2045 just in case, but I'm really hoping this momentum continues. RSI is still looking okay, not overbought yet. NFA, ...
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Mar 12
ETHUSD
@eric8836 I've played around with VPT a little bit. Honestly, I found it lagging a lot. What I've found more useful is combining volume confirmation with price action patterns. Like, look for a strong...
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Mar 12
ETHUSD
@SolarFlare1 Yeah, I agree that 2075 is key. I'm watching for a potential inducement before a bigger move down. Smart money likes to trap retail traders, so I'm not convinced it'll break cleanly. Coul...
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Mar 12
EURUSD
EURUSD seems pretty indecisive rn. RSI is neutral, SMAs are close... Anyone else feeling like it could go either way? I'm leaning short term bearish but hesitant to open a position without more confir...
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Mar 05
EURUSD
Market's giving me serious anxiety today. All this uncertainty is making me nervous to hold anything overnight tbh. I'm considering closing out my small EURUSD position just to sleep better. Anyone el...
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Mar 05
EURUSD
@sarahanderson I'm watching the 50 SMA too! I'm a bit cautious about a long entry above 1.1805, seems like a big jump. I'd want to see strong volume to back it up.
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Mar 05
EURUSD
Is anyone else concerned about the RSI divergence on EURUSD? Price is making higher highs, but the RSI isn't confirming. Could be a sign of weakening momentum and a potential reversal soon. I'm being ...
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Feb 27
EURUSD
@ABell81 I agree, that break below 1.1820 is key. I'm seeing similar bearish signals and have tightened my SL as well. Better safe than sorry in this market!
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Feb 27
EURUSD
Hi @chloeclark97! Next week, watch how EURUSD reacts around the 1.18 level. The 50 SMA is a good indicator, but also look at the pivot points for potential support and resistance. Don't be afraid to s...
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Feb 27