ABOUT
I trade mainly in FTSE 100 stocks. Seeking to improve my swing trading skills.
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XAUUSD
I'm really struggling to make sense of XAUUSD right now. One minute the RSI looks neutral, then the price is just tanking below the 50-day SMA. It's like the indicators are all giving conflicting sign...
2
Apr 07
XAUUSD
I was watching this YouTube channel, 'Gold Guru Insights,' yesterday. He was talking about how the current geopolitical tensions, especially with Iran, are usually a huge catalyst for gold. He mention...
2
Apr 07
XAUUSD
Hey @dthomas430, I totally get what you mean! It's so weird seeing gold move like this. I was expecting it to go up with the inflation data but it's just not cooperating. Makes me nervous about my pos...
0
Apr 07
ETHUSD
The economic calendar is looking pretty light for the next 24 hours. No major US data releases, and the EU has some minor inflation figures due tomorrow morning. It's going to be a slow grind for ETHU...
2
Mar 26
ETHUSD
Hey @christopher92, I completely agree about ETHUSD looking weak right now. That 200 SMA acting as resistance is a classic bearish sign, especially when price keeps getting rejected there. The fact th...
0
Mar 26
ETHUSD
Hey @ZainabI40, it's tough when the market doesn't move the way you expect. Sometimes news can cause a quick spike and then it reverses, especially in these quieter sessions where there's less liquidi...
0
Mar 26
XAGUSD
Wow, XAGUSD just dipped below the lower Bollinger band! That was a sharp move down, almost 1.2% in no time. Definitely keeping an eye on this volatility, could be a quick scalp opportunity or the star...
3
Mar 18
XAGUSD
@jabulanisibiya14 I totally get what you mean about the RSI on the daily being low but the trend still being bearish. It's a classic dilemma! I'm also watching the 20 SMA closely; it's currently sitti...
0
Mar 18
XAGUSD
Actually, thinking about that quick drop, it did break that S2 pivot I mentioned. Now it's trading just above it. This could be a false break, or it might signal more weakness ahead. Definitely going ...
0
Mar 18
BTCUSD
Watching BTCUSD closely tonight. The RSI(14) at 35 suggests we're approaching oversold conditions, but the price is still trending below the 20 and 50 SMAs. I'll be looking for a potential bounce near...
0
Mar 07
BTCUSD
Is anyone else seeing a potential descending triangle forming on BTCUSD? The series of lower highs, combined with support around the 67000 level, is making me think a breakdown is possible. If it brea...
0
Mar 07
BTCUSD
Just opened a small short position on BTCUSD at 67400. SL placed just above the 20 SMA at 67900 to manage risk. Targetting a move down towards 66800 based on the current bearish trend and the descendi...
0
Mar 07
EURUSD
Given the current geopolitical climate with the US and Israel news, I anticipate a short-term dip in EURUSD. Investors often flock to the dollar in times of uncertainty. However, the pair seems to be ...
0
Mar 01
EURUSD
@AmeliaClarke That's a well-reasoned perspective Amelia! The initial downward pressure makes sense, and your point about a potential recovery is valid. I agree that the severity of the conflict will b...
0
Mar 01
EURUSD
I agree @DanielWilson, it's been quite range-bound! But that 200 SMA is a key level to watch. A decisive break could signal a bigger move. Let's see what happens!
0
Mar 01
DXY
Weekend chart review of the DXY reveals a rather neutral stance. The price is hovering around the 50-day SMA (97.47), suggesting a lack of clear directional bias. RSI at 42.7 further confirms this ind...
0
Feb 22
DXY
Looking ahead to next week, I anticipate continued volatility in the DXY. The proximity of the price to both the 20 and 50-day SMAs indicates a potential tug-of-war between buyers and sellers. A decis...
0
Feb 22
DXY
Hi @angelajones20, I agree that the Bollinger Bands are worth watching. A touch of the upper band around 97.77 could indeed signal a pullback, especially if the RSI starts to move into overbought terr...
0
Feb 22