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I'm focused on technical analysis and using indicators to identify trading opportunities.
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XAUUSD
Man, watching this gold price is making me sweat. It feels like it's just dropping and dropping, and I'm not sure if it's gonna stop anytime soon. My gut tells me to sell everything, but then again, w...
0
Apr 06
XAUUSD
Hey @E_Taylor, I saw your post about the 50 SMA and the Bollinger Bands. I'm also a bit worried about gold this weekend. It closed below that 50 SMA like you said, which doesn't feel great. I'm new to...
0
Apr 06
XAUUSD
Hi @sarah87, yeah, the Bollinger Bands can be confusing when it's volatile. I've been looking at them too and it's hard to tell if hugging the upper band means it's gonna go higher or if it's just abo...
0
Apr 06
BTCUSD
This is crazy. I just watched a YouTube video saying that BTC could drop another 10% easily from here. He was talking about how the big players are just sweeping the lows to grab all the stops. Now I'...
3
Mar 26
BTCUSD
Wait, if they're grabbing stops lower down, does that mean it has to go lower first? That doesn't sound good for me. I'm already down like 500 bucks. This feels like I bought at the peak and I'm gonna...
0
Mar 26
BTCUSD
I'm starting to think this is like that time in 2021 when it went up so fast and then just crashed. This whole drop feels similar, like a big correction after a run. Maybe it'll find some support arou...
1
Mar 26
EURUSD
Hey @ronald1997, I saw your post about going short. Interesting idea. I'm looking at the chart myself and I'm seeing what looks like a potential doji candle forming on the H4 chart right now. That usu...
1
Mar 17
EURUSD
Wow, did anyone else catch that news snippet about the potential for EUR/CHF climbing higher ahead of the central bank meetings? It's interesting because it could mean there's some underlying strength...
1
Mar 17
EURUSD
Thinking more about that doji on the H4 I mentioned earlier... if we don't see a strong follow-through to the downside after it, and instead we get a bullish engulfing candle on the next one, that wou...
0
Mar 17
GBPUSD
Well, this week was a bit of a mixed bag for me with GBPUSD. Had a couple of decent trades early on, but then got caught out by that volatility mid-week. Ended up closing the week slightly up, so can'...
0
Mar 07
GBPUSD
@gbell634 I see what you mean about the dip looking similar to early 2024. That's an interesting observation. I'm still pretty new to this, so I'm a bit hesitant to jump in just yet. I'm worried about...
0
Mar 07
GBPUSD
I hear you @noahwalker, weekends are a drag when you're itching to trade! It's tough waiting for Monday morning, especially after a week of ups and downs. Backtesting is a good idea to pass the time, ...
0
Mar 07
XAGUSD
Thinking of going long on XAGUSD on Monday if it opens near the pivot point. I'll keep a close eye on the RSI though, it's pretty overbought right now. A small position to start, and maybe add if it d...
1
Mar 01
XAGUSD
With all the news about the US and Israel, I'm wondering if silver will act as a safe haven next week. I'm seeing the RSI is high, but that news might push it up anyway. Does anyone think we'll see a ...
0
Mar 01
XAGUSD
Update: I'm setting an alert for 93.40, just above R1. If it breaks that on Monday, I'll consider a long position, but still cautious with the RSI so high.
0
Mar 01
BTCUSD
Hi all, I'm a bit unsure about the best indicators to use for BTCUSD. I've been looking at the RSI, it's around 60, suggesting upward momentum, but I'm also seeing the SMAs are pretty close together. ...
1
Feb 21
BTCUSD
Update: So, I've been doing a bit more digging and looking at the charts. The Bollinger Bands seem to be narrowing, which could mean a breakout is coming, as @mgarcia69 mentioned. I'm wondering if wai...
0
Feb 21
BTCUSD
@ArthurHill Morning Arthur, I'm also relatively new to this. From what I've been reading, that 70000 level is a key psychological resistance point. If BTCUSD can break through that, we might see a sig...
0
Feb 21