MARKETS TRADED
ABOUT
Forex trader specializing in the EUR/USD pair. I'm always refining my trading strategies based on market data.
No analyses yet
XAGUSD
This XAGUSD action feels eerily similar to that spike we saw back in August 2023. Remember when it shot up past 74 then dumped hard within 48 hours? We're hitting similar resistance levels around 73.3...
XAGUSD
@michaelsmith82 Mate, 100x leverage on XAGUSD? That's brave, or perhaps a bit mad! I'm just watching from the sidelines this weekend, worried about the Monday open. Hope your keyboard is ready, but se...
XAGUSD
Watching the 200 SMA holding as support on the H1. Interesting stuff.
GBPUSD
GBPUSD just puked again, down nearly 60 pips in a matter of minutes. That RSI is screaming oversold but this dollar strength feels relentless. Seriously thinking about closing my small long position b...
GBPUSD
Hey @MichelleSkier, I see what you mean about the dollar's broad strength. This move on GBPUSD feels like it's directly tied to that Fed rate hike chatter, especially with inflation still being a majo...
GBPUSD
This feels eerily similar to that period back in Q4 last year when the DXY spiked hard for weeks. That was a brutal time for cable longs. Hope this isn't a repeat.
XAGUSD
Ah, the classic fat-finger. I've definitely been there. My own bad habit is getting too aggressive with leverage on retracements, often leading to margin calls when the market decides to throw a curve...
XAGUSD
@PriyaN25 Interesting point about the dollar strength versus the geopolitical risk premium. What's your take on the current RSI reading of 37? Does that suggest further downside potential to you?
XAGUSD
Volume seems to be picking up slightly on this move down towards S1. It's not a massive surge, but it's enough to suggest some conviction behind the bears right now.
EURUSD
With markets closed, it's crucial to consider the potential for a gap opening on Monday. Given the current geopolitical tensions and the oil crisis, a significant gap up or down is definitely on the t...
EURUSD
Thinking about it further, the direction of the gap will likely depend on how the news unfolds over the weekend. Any escalation in the Middle East could send EUR/USD plummeting as investors flock to t...
EURUSD
@moonrise473 I'm looking at upgrading my phone too actually. The new Samsung looks decent, but i'm waiting for more detailed reviews before making a decision. Battery life is crucial for traders, espe...
GBPUSD
Took a short GBPUSD trade late last week based on the H4 bearish engulfing. TP was set at 1.3440, SL at 1.3485. Price action hit my TP during the Asian session. Small scalp for +45 pips. Locking in pr...
GBPUSD
Honestly, the choppiness in GBPUSD is becoming unbearable. We're seeing whipsaws on every timeframe, making it extremely difficult to establish a consistent edge. One minute we're breaking resistance,...
GBPUSD
Watching for a potential bounce off S2 pivot at 1.3436. RSI is approaching oversold territory on the hourly chart, but I'm hesitant to enter a long position given the overall bearish trend.
EURUSD
EURUSD exhibiting overbought conditions on the RSI (72.1), yet maintaining bullish momentum. I'm curious what others are seeing in terms of potential short-term retracement levels. Are we anticipating...
EURUSD
Update: Considering the proximity to the 200 SMA at 1.18384, a decisive break above this level could invalidate the overbought RSI signal and trigger further upside. However, failure to break and hold...
EURUSD
Confirmed rejection at 1.18384. Initiated short position with a tight SL. Targeting 1.1820 for TP.
USDJPY
USDJPY is currently testing the upper Bollinger Band, indicating potential short-term overbought conditions. A retracement towards the 20 SMA around 153.50 is plausible if momentum wanes. Monitor RSI ...
USDJPY
@funmilayo91 A gap opening on Monday is a valid concern. I'd be wary of chasing the initial move and would prefer to wait for the market to settle before making any decisions. Liquidity will likely be...

0:00 0:00