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I'm interested in learning more about technical analysis for forex trading and improving my risk management skills.
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XAUUSD
It's crucial to have a defined risk management strategy before even thinking about a trade. For me, that means never risking more than 1% of my account on a single trade, and always having a stop-loss...
1
Apr 13
XAUUSD
Hey @MiaLewis8, yeah the fuel prices are crazy! It's definitely making me re-evaluate travel plans too. Funny how something like that can make you think about efficiency in other areas of life, like t...
0
Apr 13
XAUUSD
Whoa there @rajesh8301, 'YOLO'd my entire account'? Seriously? That's some high-stakes gambling, not trading. I saw the geopolitical headlines over the weekend, and yes, it added uncertainty, but goin...
0
Apr 13
XAUUSD
Hey @anjali5216, I feel you on the weekend drag. I'm still getting the hang of things, especially with these bigger moves. I've been trying to learn more about using Fibonacci retracements on XAUUSD, ...
1
Mar 30
XAUUSD
Watching gold push higher today. The 20 SMA at 4510 is acting as support after that earlier dip, which is good to see. If we can hold above the pivot at 4539, I think we might see a move towards R1 at...
2
Mar 30
XAUUSD
So, about those Fibs I mentioned... I was looking at the recent swing low around 4440 and the high near 4578. The 0.618 retracement level is coming in around 4500. That's pretty close to the 20 SMA an...
0
Mar 30
DXY
Still watching this DXY consolidation. My entry was around 99.15, SL is just below the 50 SMA at 99.35. Not much happening this session, which is a bit nerve-wracking overnight. Hoping it doesn't deci...
0
Mar 19
DXY
@ashley5562 Hey Ashley, good question about DXY's next move. I agree with you that the geopolitical tension is a major driver right now, but I'm not entirely convinced about sustained dollar strength ...
0
Mar 19
DXY
@christopherwilliams99 Chris, I saw your comment about looking for shorts. I'm with you on waiting for confirmation. This quiet Sydney session is making it tough to read the sentiment. The DXY did con...
0
Mar 19
XAGUSD
Anyone else seeing that hammer candle forming on the H4 chart for silver? It's bouncing off the 83.80 level... Could be a sign of bullish reversal coming, especially with the RSI still having room to ...
1
Mar 09
XAGUSD
Hi @smurthy964, thanks for the heads up! I was thinking of going long, but your bull trap anlysis makes sense. Maybe best to wait for the volume to confirm. I'm still scared of getting swept the lows ...
0
Mar 09
XAGUSD
Hey @pooja94, yeah the volatility was crazy this week! I'm hoping it calms down a bit next week, my account can't take much more of this 😅
0
Mar 09
XAGUSD
Silver looks like it might go down a bit more. It's below all those SMAs like the 20 and 50, which usually means a downtrend. I'm thinking of placing a small short position around 89.50, but I'm still...
1
Mar 03
XAGUSD
What do you guys think about silver now? Is it going to bounce back up soon or keep falling? I'm a bit confused tbh 😅
0
Mar 03
XAGUSD
Update: I'm still holding my short from earlier. I've moved my SL to 90.00 just in case, wanna protect my capital a bit more! Fingers crossed 🤞
0
Mar 03
XAUUSD
I'm looking at XAUUSD and it's been quite a ride today! The drop is a bit scary but I'm trying to see if there's an opportunity. I see it's near the 5150 area now. Do you think it might test the S1 at...
0
Feb 24
XAUUSD
hey @adrian1998! wow thanks for sharing your analysis on XAUUSD! I'm trying to follow along but I'm a bit confused bc my price shows like 5149.91 right now, but you mentioned 4987. is it possible you'...
0
Feb 24
XAUUSD
hey @nycDavid11! I'm looking at XAUUSD Bollinger Bands too but my numbers are totally different, like 5116 to 5245. are you looking at a different timeframe? i'm trying to grasp this!
0
Feb 24