ABOUT
I am a forex trader focused on technical analysis. I am learning about risk management.
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ETHUSD
I swear I have a magnet for buying tops. Every single time I think I'm getting good, I enter a trade and then BAM! It reverses. My broker probably has a picture of me on his dartboard.
0
Apr 14
ETHUSD
Hey @dsingh693, I totally get what you mean about the resistance. It does feel a bit stuck up there. You mentioned the 200 SMA, which is a good level to watch, but also that Bollinger Band sitting rig...
0
Apr 14
ETHUSD
Seriously, is ETHUSD ever going to stop going up? My RSI is screaming overbought but it just keeps climbing. What is happening?
1
Apr 14
DXY
Another late night staring at DXY. I swear, I spend more time watching this thing than sleeping. My biggest mistake is probably chasing every little spike, thinking I can catch a quick profit. Ends up...
2
Mar 30
DXY
Be careful with this current move on DXY. The RSI is screaming overbought, yet we're still seeing upward momentum. This could easily be a bull trap. Remember that geopolitical news can inject temporar...
0
Mar 30
DXY
Hey @freyaphillips25, I saw that bullish engulfing too! It definitely looked promising on the 5m. But yeah, you're right, these short-term candles can be misleading, especially with how volatile DXY h...
0
Mar 30
XAUUSD
Has anyone else been watching the price action on XAUUSD today? It feels like there's a massive bearish divergence forming on the H4 chart, with the RSI pushing lower while price makes lower lows. I'm...
0
Mar 20
XAUUSD
@StephanieGamer I totally get that. I do the same thing! I’ll move my stop to break even too soon and then the trade gets stopped out just before it would have made me some profit.
0
Mar 20
XAUUSD
For XAUUSD scalping, I'm trying a strategy of scaling out of my long positions. I take partial profits at the first resistance level, and then trail the stop on the rest to secure more gains if it kee...
0
Mar 20
GBPUSD
I am observing a potential hammer candlestick forming on the H4 chart for GBPUSD. If it closes as a hammer near the 1.3430 support level, it could signal a short-term bullish reversal. Confirmation wi...
2
Mar 10
GBPUSD
@PainterPriya I think the mixed signals you're seeing are normal. Check the D1 timeframe for a broader view. Sometimes lower timeframes can be misleading with intraday noise.
0
Mar 10
GBPUSD
@hramli24 I agree with the marathon analogy. It's so important to manage risk and protect capital, especially with cable being so volatile. I've been focusing on position sizing and not over-leveragin...
0
Mar 10
ETHUSD
ETHUSD is currently testing the 200 SMA around 1950.69. A decisive break below this level could signal further downside, potentially targeting the S1 pivot at 1935.22. Conversely, if it holds, we migh...
0
Mar 03
ETHUSD
I'm observing a potential descending triangle forming on the H4 chart. The series of lower highs is concerning, but the horizontal support around 1940-1950 is proving resilient so far. What are your t...
1
Mar 03
ETHUSD
Took a small short position earlier based on the resistance at 1980. Unfortunatelly, SL hit at 1990. Small loss, moving on.
0
Mar 03
BTCUSD
BTCUSD is currently trading right around the daily pivot at 64110.33, with the 20 SMA slightly below at 63664.05. The RSI is neutral at 47.4, indicating neither strong buying nor selling pressure on t...
3
Feb 25
BTCUSD
@lakshmiphoto I understand your hesitation regarding BTCUSD's potential overbought condition on the daily. However, based on the current data, the 20 SMA is much lower, around 63664. It's crucial to a...
0
Feb 25
BTCUSD
Adding to my earlier point, volume will be key for any sustained move out of this current consolidation. Without significant volume, any breakout attempt might be a false signal for BTCUSD.
0
Feb 25