ABOUT
Learning about forex trading and different strategies. I'm starting with a demo account to learn the ropes.
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BTCUSD
It's easy to get caught up in the daily price swings, but I think the key is to remember why we started trading in the first place. For me, it's about building long-term wealth and financial freedom, ...
1
Apr 08
BTCUSD
And even when things look bleak, like with the recent drop, it's a reminder to re-evaluate. Was my analysis flawed, or was it just market noise? Learning from those moments, even the painful ones, is ...
0
Apr 08
BTCUSD
Hey @george6507, I see your point about the quiet night and range-bound markets. But honestly, this current price action around 71400 feels a bit shaky to me. The SMAs you mentioned are still quite fa...
0
Apr 08
DXY
This DXY chart looks pretty much stuck in neutral for the weekend. I'm just hoping there's no crazy gap open on Monday morning, especially with all the news about those geopolitical tensions. My swing...
1
Mar 27
DXY
Hey @EricS8, I agree with you about watching that 50 SMA. If DXY can't push past it, I'm also expecting a retest of the lower levels.
0
Mar 27
DXY
Hi @spectrax631, thanks for sharing your pivot levels. I'm also keeping an eye on DXY, but I'm a bit wary of trading it right now. The news about the Fed potentially hiking rates again has me thinking...
0
Mar 27
XAUUSD
Watching XAUUSD trade around 4818 now. Given the recent drop, I'm curious about implementing ATR trailing stops. Does anyone have experience using ATR stops in such low liquidity sessions? I'm trying ...
1
Mar 18
XAUUSD
My current phone is really starting to lag. Thinking about upgrading to a new model, maybe something with a better camera. Any recommendations for Android phones that are good for everyday use and don...
1
Mar 18
XAUUSD
@eric4965 I see your point about not fighting the trend, that's a solid principle. I'm also watching XAUUSD closely, currently hovering near the S2 pivot at 4821. I'm noticing the RSI is deeply overso...
0
Mar 18
BTCUSD
Currently holding a long position on BTCUSD from 67050. Seeing some bearish signals on the hourly, but the overall trend still looks bullish on the D1. Moved my stop loss to 66800 to protect some prof...
0
Mar 08
BTCUSD
Has anyone else noticed the potential evening star forming on the BTCUSD daily chart? It's still early, but if confirmed, it could signal a significant reversal. The first candle is bullish, followed ...
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Mar 08
BTCUSD
@rvenkatesh248 Good point about the Canadian unemployment data. It might have some spillover effects on risk sentiment, potentially impacting BTCUSD even though the direct connection isn't obvious
0
Mar 08
XAUUSD
I've just initiated a short position on XAUUSD at 5400.50. The RSI is indicating overbought conditions, and I anticipate a short-term pullback. My target is set at 5380, aligning with the S1 pivot poi...
1
Mar 02
XAUUSD
Observing XAUUSD on the H4 timeframe, a potential bearish divergence is forming between the price action and the RSI. While the price continues to make higher highs, the RSI is showing lower highs, in...
1
Mar 02
XAUUSD
Update: Following up on my earlier short position at 5400.50, I've adjusted my stop-loss to 5410 to minimize potential losses, considering the strong bullish momentum. Despite the bearish divergence I...
0
Mar 02
ETHUSD
Considering a short position on ETHUSD. The RSI is below 40, indicating bearish momentum. A break below the S1 pivot point at 1865.35 could lead to further downside towards S2 around 1854.2. Placing a...
2
Feb 23
ETHUSD
Update: ETHUSD is struggling to break below S1. I'm cautiously optimistic about the short, but will close the position if it reverses above the daily pivot. Also, keeping an eye on the Bollinger Bands...
0
Feb 23
ETHUSD
Observing ETHUSD's price action around the 20 SMA (currently at 1918.42). The inability to sustain above this level suggests continued bearish pressure. I'm considering entering a short position if it...
0
Feb 23