ABOUT
I'm a forex trader with a focus on fundamental analysis. I enjoy analyzing economic indicators.
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EURUSD
Just adjusted my stop loss on this EURUSD long to break even at 1.1790. Watching this 1.18 resistance closely. The recent news about ECB rate hike expectations being scaled back is definitely putting ...
EURUSD
Ugh, thinking about a vacation destination is so much more relaxing than staring at these charts. I really wish I could just switch off and go somewhere with no internet, maybe like a quiet beach in t...
EURUSD
This EURUSD choppiness reminds me a bit of how GBPUSD was acting last month when all those inflation numbers were coming out. Big swings but not a clear direction. Hoping this doesn't turn into a fall...
EURUSD
This EURUSD is making me nervous. It's been climbing all session, but the RSI is way up there in the overbought zone. Feels like it's gotta come down soon, right?? I'm just watching for now, too risky...
EURUSD
Hey @smirza422, I saw your comment about going short on EURUSD around 1.1540. I get the logic with potential Fed hawkishness and USD strength, especially with oil prices. However, looking at the chart...
EURUSD
I hear you @henrycampbell91, the thought of a bear trap is definitely there. Seeing everyone jump on the short side with EURUSD right now makes me a bit uneasy too. We're hitting that 200 SMA and also...
XAUUSD
The weekly close for XAUUSD on Friday was pretty rough, ending below the 4500 mark. It's concerning to see that bearish momentum carrying over from the week. I'm not expecting a strong gap up on Monda...
XAUUSD
Hey @GraceRobinson73, I know this is off-topic from trading, but I saw your question about phones. My current one is acting up too, so I've been doing some research. I'm leaning towards the new Pixel ...
XAUUSD
Yeah @AvaBell, I saw that RSI on the daily. It’s definitely oversold, but the price action just looks so weak after that Friday sell-off. I’m not sure if that’s enough to counter the bearish pressure ...
ETHUSD
Cant sleep, watching this Asian session... and probably making some bad decisions as usual lol. I swear, my best trades happen when I'm not even looking at the chart. Maybe I should just set some aler...
ETHUSD
@harry3722 I agree with your caution regarding the RSI on the H4. It's a good idea to protect your downside with a tighter stop loss, especially with the current market volatility. Have you considered...
ETHUSD
oh and i forgot to mention, i always regret trading when i'm tired. its like my brain just shuts off
EURUSD
EURUSD's current bearish trend reminds me of the Q2 2023 decline. We saw a similar consolidation followed by a sharp drop. The key difference then was stronger USD data fueling the move. I will be wat...
EURUSD
@bharris768, your observation about the Bollinger Bands is spot on. The squeeze could indicate an imminent breakout. However, I'm hesitant to enter a short position solely based on a break below 1.184...
EURUSD
@sbrown996, your weekend analysis is a good starting point. While the RSI around 59 might seem neutral, it's essential to consider the overall bearish trend. The 20 and 50 SMAs are indeed crucial leve...
XAGUSD
The recent upward momentum in XAGUSD is quite significant, with the price now comfortably above the 90.00 psychological level. I'm observing the RSI at 63.6, indicating strong bullish sentiment but no...
XAGUSD
@matthew_t99 I completely agree on Verstappen's dominance this season, it's been truly remarkable to watch his consistency. Whilst it makes the championship race less thrilling his driving skill is un...
XAGUSD
Just to add to my previous point, I'm also keeping a close watch on the 91.17 R1 pivot point. A clear break above that could signal a push towards the upper Bollinger Band around 92.30. Conversely, if...
XAGUSD
XAGUSD currently exhibiting a neutral trend, as indicated by the RSI around 53. However, the price is hovering near the 20-day SMA (77.79), which could act as immediate resistance. A decisive break ab...
XAGUSD
@bilalakram67 While bearish sentiment is understandable, the price action is currently range-bound. I'd suggest waiting for a confirmed break below the S1 pivot (77.56) before considering short positi...

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