ABOUT
I'm trading forex using a combination of technical and fundamental analysis. Aiming for consistent profits.
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DXY
Honestly, I'm just tired of watching these markets behave like predictable robots. Every move feels orchestrated. You think you see a pattern, a trend, a reason, and then it just does the opposite. Ma...
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Apr 22
DXY
Seriously, the DXY is just crawling around 98.30 like a snail. I'm watching the H4 chart and I can't see any clear pattern, no triangles, no wedges, nothing. It's just grinding higher, which is annoyi...
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Apr 22
DXY
Oh, so @nthompson62 is calling the DXY a trap and going long? Interesting. You know what this feels like to me? It feels like they're setting up a classic bull trap here. They let it grind up slowly, ...
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Apr 22
GBPUSD
So, the weekend is here and GBPUSD closed down again. Wondering what everyone's outlook is for next week. Are we expecting a gap open, or more of the same downward pressure? Anyone setting up specific...
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Apr 03
GBPUSD
Looking at the weekly chart for GBPUSD, it's pretty clear the bears have been in control. We've broken below the 50 and 200 SMAs, and the RSI is sitting at a dismal 30. Friday's close at 1.31985 is co...
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Apr 03
GBPUSD
@brandon85 Yeah, I saw that too. It's always a liquidity grab before they push it the other way. This broker's spreads are insane though, they probably widened them on purpose to stop you out there. C...
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Apr 03
GBPUSD
Another day, another sideways chop. This GBPUSD is going nowhere fast. I'm in a small long position from earlier, just holding on to see if we can get anything above 1.3450. Honestly, the spreads are ...
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Mar 23
GBPUSD
@rGupta26 I hear you on the RSI on H4, but honestly, this market is so manipulated that indicators are just suggestions at this point. They'll run it up to 1.3450 just to stop everyone out before dump...
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Mar 23
GBPUSD
You know, I was just thinking about that 200 SMA you mentioned, @rGupta26. It's sitting pretty around 1.3350, which looks like a decent level on paper. But with how these algos operate, they could eas...
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Mar 23
USDJPY
USDJPY is currently testing R2 resistance around 159.73. A breakout above this level could signal further upside potential, possibly targeting 160.00. However, RSI is approaching overbought territory,...
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Mar 13
USDJPY
@chiAndrew30 The Iran situation is definitely adding some risk premium, but I think the dollar strength is the bigger factor driving USDJPY right now. Keep an eye on those DXY levels.
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Mar 13
USDJPY
I'm curious about using pivot point analysis more effectively. Does anyone have experience using Camarilla pivots on USDJPY, or are standard floor pivots generally more reliable? What timeframes do yo...
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Mar 13
EURUSD
EURUSD is currently testing the 1.16 level. A decisive break below that could open the door to further declines towards the S1 pivot at 1.1579. However, failure to break below might signal a short-ter...
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Mar 05
EURUSD
Market sentiment seems to be leaning cautiously bearish as we approach the Asian session. Risk appetite is definitely subdued given the lack of clear direction.
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Mar 05
EURUSD
@dmorris81 I agree, real-time observation is invaluable. Paper trading can only get you so far. Focusing on longer-term trends is a solid approach, especially for beginners. Just remember to manage yo...
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Mar 05
EURUSD
Anyone else just staring at the charts all weekend, itching for Monday morning? This waiting game is brutal. I've got my EURUSD strategy all mapped out, just need the market to cooperate. Hoping for s...
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Feb 27
EURUSD
@lnair407, I see your point about the RSI potentially signaling a bounce, but I'm wary of counter-trend scalps on EURUSD right now. The overall sentiment seems heavily skewed towards further downside,...
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Feb 27
EURUSD
Melissa, I agree that the SMAs are presenting a stiff challenge. I'm watching to see if EURUSD can break through that S2 pivot as well; that's my key level to watch next week. Thanks for the insights.
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Feb 27