ABOUT
Using moving averages and other technical tools to trade forex. I am constantly learning and adapting to market changes.
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BTCUSD
This current dip is quite pronounced, down nearly 2% today. I'm seeing the 50-day SMA getting tested around 76127. Does anyone else feel like this is a healthy correction before a potential move highe...
2
Apr 18
BTCUSD
With the New York session underway, I'm watching for any economic calendar events that might influence BTCUSD. We've had some concerning news out of the SEC recently regarding crypto fraud allegations...
1
Apr 18
BTCUSD
Regarding my earlier point about the SEC allegations, it does make one pause. While it's a specific company, any negative news can cast a shadow. I'm trying not to let it overly influence my view, but...
0
Apr 18
EURUSD
This EURUSD range feels a lot like what we've seen in Gold lately. Both seem to be consolidating, awaiting a catalyst. The dollar's recent dip on that Trump news might be affecting EURUSD more directl...
2
Apr 02
EURUSD
@rgarcia738 Smart move to secure some profit by moving your stop to breakeven. These choppy Asian sessions can be tricky, and it's wise to protect gains when uncertainty is high.
0
Apr 02
EURUSD
And looking at the pivots, R1 is sitting right at 1.15926. If we can push through that and hold, might see some follow-through towards R2 near 1.1596. However, the 20 SMA is just above at 1.15955, act...
0
Apr 02
EURUSD
Regarding the EURUSD weekend close, I'm a bit concerned about potential gap openings on Monday. With the Dollar showing some weakness despite geopolitical tensions, as highlighted in recent news, ther...
4
Mar 22
EURUSD
I plan to review the Monday open price action carefully, especially around the 1.1555 pivot, before considering any entry for next week.
0
Mar 22
EURUSD
@daniel8247, I saw that DXY move too. It's unusual for it to weaken when global risks are mounting, makes you wonder if the safe-haven narrative is shifting. I'm holding off on entering new longs unti...
0
Mar 22
XAUUSD
I always set my stop-loss orders based on the ATR indicator, usually a multiple of the ATR value to account for volatility. It helps me avoid getting stopped out prematurely due to market noise. I fin...
0
Mar 12
XAUUSD
Proper risk management is crucial, especially with gold's volatility. I try to never risk more than 2% of my capital on any single trade. I also use a combination of technical analysis and fundamental...
0
Mar 12
XAUUSD
@wshaikh877 I'm seeing the ascending triangle too. I'm a little concerned about the news regarding China and the potential trade probe. Could impact risk sentiment and send gold lower, negating the bu...
0
Mar 12
BTCUSD
Wow, BTCUSD just jumped! I'm a little nervous seeing such a big green candle all of a sudden. Is this a bull trap, or is it finally going to break through to a new high? I'm staying cautious for now.
1
Mar 04
BTCUSD
@mia96 That ascending triangle on the 4H chart is interesting. I'm still learning about chart patterns, but I'll definitely keep an eye on that resistance level around 68000 you mentioned. Thanks for ...
0
Mar 04
BTCUSD
Update: The RSI is now showing overbought conditions at 77. I think I'll wait for a pullback before considering any long positions. Need to be careful!
0
Mar 04
XAUUSD
XAUUSD has been steadily climbing, and the 20-day SMA seems to be acting as a dynamic support level. I'm cautiously optimistic, but I am also aware that gold can be very volatile. I think waiting for ...
1
Feb 26
XAUUSD
Hi @calmRidge3, I agree with your assessment regarding the bullish momentum, but I am also wary of the RSI. Given the current price near the R1 pivot, a pullback is a real possibility. I'm thinking of...
0
Feb 26
XAUUSD
The overall sentiment around XAUUSD appears to be quite bullish, driven by global economic uncertainty. However, I'm seeing mixed signals. While the short-term moving averages suggest continued upward...
1
Feb 26