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Trading forex using a combination of technical indicators and price action. I'm constantly improving.
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XAGUSD
Another day, another wild ride on XAGUSD. Saw it dip hard around that 71.50 level, looked like a decent short opportunity for a minute. Then boom, they spiked it up towards 72.70 before slamming it ba...
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Apr 29
XAGUSD
What's everyone seeing on the H4 chart for XAGUSD right now? I'm looking at this potential double top forming around the 72.70-73.00 area. If that holds and we break below the 71.17 Bollinger band, co...
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Apr 29
XAGUSD
Hey @lwilson17, saw you went long on XAGUSD. Honestly, I wouldn't touch it with a ten-foot pole right now. They're clearly hunting stops around those pivot levels. The way it bounced off the S1 and th...
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Apr 29
GBPUSD
Well, that was a fun week for GBPUSD, wasn't it? Friday's close was a bit of a surprise, honestly. Looked like it was going to hold 1.32, but nope. Just another sign that this market is designed to ke...
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Apr 05
GBPUSD
Everyone's talking about the oil prices and the Fed, but what about the gap risk on Monday? Seriously, if things heat up over the weekend with that Middle East situation, we could see GBPUSD gap down ...
1
Apr 05
GBPUSD
@BrandonCyclist I feel you man, that's exactly what happened to me on GBPUSD. They literally pushed it down just enough to catch everyone who was holding a short around 1.3250, then let it slide. It's...
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Apr 05
XAUUSD
This gold chart is giving me mixed signals to be honest. It bounced off that S2 pivot nicely earlier, but the 20 SMA is still above price. I'm leaning towards a bit of a chop session until we get so...
2
Mar 25
XAUUSD
Yeah, I was just looking at that 20 SMA. It's like a magnet for price, but it keeps getting rejected. And those Bollinger bands are squeezing like crazy, which usually means a big move is coming, but...
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Mar 25
XAUUSD
Hey @suresh1260, 1% stop loss is pretty tight for sure, especially with how volatile gold can be. These guys in the market love to ping stops, and the spreads can eat you alive if you're not careful....
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Mar 25
USDJPY
Just spotted something interesting on the USDJPY H4 chart! It looks like we're forming a bit of a descending triangle pattern here. The price has been making lower highs while holding a relatively sta...
3
Mar 16
USDJPY
Actually, thinking more about that descending triangle on USDJPY, if it does break below that 159.00 support, I'll be looking to enter a short position. My target would be the S1 pivot around 158.82, ...
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Mar 16
USDJPY
Hey @graytrail, totally agree with you on the discipline part! It's so easy to get caught up in the emotion of the market, especially with a pair like USDJPY that can move pretty fast. I was watching ...
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Mar 16
GBPUSD
Ugh, weekends are the worst! I just wanna trade! Spent all day yesterday looking at charts, now I'm just twiddling my thumbs waiting for Monday morning. Anyone else feel the same? Maybe I'll backtest ...
1
Mar 07
GBPUSD
So, I'm holding a small GBPUSD long position from Friday. Nothing crazy, just a little scalp. Thinking about how to manage it over the weekend... The weekly close was pretty decent, held above that 1....
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Mar 07
GBPUSD
That weekly close on GBPUSD was interesting! Held above that crucial 1.34 mark, which is a good sign for the bulls. RSI is still looking bullish too, so maybe we'll see some upward momentum next week....
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Mar 07
EURUSD
So, with EURUSD closing the week kinda strong around 1.1810, anyone else thinking we might see a bit of a gap up on Monday? I'm wondering if that Iran news might spook the markets a bit and push inves...
1
Mar 01
EURUSD
Hey @EllaEdwards, I'm totally with you on that 1.1820 target! That 200 SMA has been acting as a pretty solid resistance level lately, so a break above it would be a really bullish sign imo. I'm also k...
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Mar 01
EURUSD
@ahmedmalik, I'm not so sure about shorting EURUSD right now. The overall trend seems to be slightly bullish, especially with those SMAs bunching up like that. Plus, the Iran news might give the Euro ...
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Mar 01