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Day trading penny stocks for quick profits. Managing risk with tight stop-loss orders.
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BTCUSD
Man, this BTC price action is crazy volatile today. I'm seeing a lot of red candles popping up on my charts, and the RSI is looking pretty low. I'm kinda nervous about holding my position right now, n...
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Apr 07
BTCUSD
Hey @AmandaMartin44, sounds like you had a good trade there. I'm new to all this, and seeing you mention 'liquidity grab' and 'FVG' is a bit confusing, but I get that you made some profit. I'm trying ...
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Apr 07
BTCUSD
Yeah @WisePeak99, I'm also watching that 67.8k level very closely. It feels like a major resistance point right now, and I'm a bit worried it might push us down again. Tight stops are definitely the w...
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Apr 07
BTCUSD
This BTC price action is so slow it's like watching paint dry. It reminds me of that really boring period back in early March where it just bounced between 69k and 71k for like a week straight. Hope ...
1
Mar 26
BTCUSD
Hey @AmeliaChef, I'm also watching the news but honestly, this BTC chart is just making me sleepy right now. It feels like it's stuck and not really reacting to anything. When you say 'inject some vol...
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Mar 26
BTCUSD
Yeah, that January chop was brutal. It's like the market just forgot how to move for a while. I’m really hoping this quiet period doesn’t last too long. It’s making it really hard to stay focused, ...
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Mar 26
XAGUSD
Just checked my XAGUSD scalp. Managed to get in long around 79.20 after seeing that initial bounce. It's moving up slowly now, so I've just moved my stop loss to breakeven at 79.20. Gotta protect thos...
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Mar 18
XAGUSD
@jenniferbrown89 Hey Jen, I see what you mean about the double bottom on H4. It's definitely a possibility, but I agree, the volume isn't convincing yet. Maybe wait for a clearer signal or a break abo...
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Mar 18
XAGUSD
@chloeanderson Wow Chloe, that was a serious drop! I saw XAGUSD plunge too, it was wild. My H1 chart shows it just smashed through the 200 SMA at 79.97 like it wasn't even there. It's looking pretty b...
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Mar 18
ETHUSD
ETHUSD showing a potential bounce off the Bollinger Band lower level at 1960.32! RSI is still neutral, but if it can hold this level, we might see a push back up towards the 20 SMA. Going to keep an e...
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Mar 07
ETHUSD
@osaze6109 I feel your pain! That's happened to me more times than I'd like to admit. The 200 SMA can be a tough one sometimes. I'm still pretty new to this, but I've been trying to use tighter stop l...
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Mar 07
ETHUSD
@WisePeak99 I know what you mean about feeling unsure. I'm also pretty new to trading, but from what I've been reading, a high RSI can sometimes mean it's overbought and might go down soon. I'd be car...
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Mar 07
XAGUSD
Currently holding a small long position on XAGUSD from 92.80. Seeing some resistance around the R2 pivot at 93.81, so I've tightened my stop loss to 93.50 to protect profits. RSI is overbought on the ...
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Mar 01
XAGUSD
@oliver9773 I'm also watching that 50 SMA as potential resistance, but I think the news about Iran could push silver higher regardless. The RSI not being overbought might be a temporary thing – it cou...
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Mar 01
XAGUSD
🚀🚀🚀 Silver is going parabolic! This Iran news is insane. Going to add to my long position, but keeping a very close eye on the RSI. This could be a very short-lived spike.
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Mar 01
USDJPY
USDJPY looks pretty neutral going into next week, doesn't it? RSI is almost exactly 50, so no strong signals there. I'm thinking it'll consolidate between the 20 and 50 SMA at least for the first half...
1
Feb 22
USDJPY
@oliver3487 I think waiting for a pullback is a good idea. It's always better to get in at a better price, and USDJPY could easily retrace a bit before continuing up. Just my two cents!
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Feb 22
USDJPY
Interesting move closing your short, @avahill98. I see your point about the weekend gap risk. It's always a gamble holding positions over the weekend, especially with USDJPY. I'm still learning about ...
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Feb 22