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Focusing on intraday trading in forex. Aiming to build a consistent income stream.
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XAUUSD
Ugh, this CPI data coming out is making me so nervous. I saw the news about oil prices going up, and that usually means inflation gets worse, right? I really hope it doesn't mess up gold too much. Jus...
1
Apr 10
XAUUSD
Sometimes I feel like trading is just a big waiting game. You look at charts, you think you see something, and then you wait. And wait. And then maybe nothing happens. Or maybe everything happens at o...
0
Apr 10
XAUUSD
@kimberly3935 That's a good idea moving your stop to breakeven. I'm still trying to figure out when to do that myself. This chop around 4770 is making me jumpy, but I haven't made a move yet.
0
Apr 10
XAGUSD
Phew, glad the weekend is here. This week was crazy with all the news. Friday's close for XAGUSD was a bit of a relief, it didn't completely tank like I was worried it might after that dollar strength...
0
Mar 28
XAGUSD
So, what are people expecting for XAGUSD next week? I'm a bit nervous about how it might open after all that geopolitical stuff. Do you guys think we'll see a gap up or down on Monday morning? Just tr...
0
Mar 28
XAGUSD
@noahwright73 Hey Noah, yeah I saw that consolidation too. Honestly, I'm still a beginner and all that technical stuff like RSI and pivots is a bit much for me to fully grasp yet. I just see the price...
0
Mar 28
USDJPY
Whoa, USDJPY just dropped hard! Was watching it hover around 159.something and suddenly it's tanking. Saw some quick selling come in, looks like it swept the lows on the H1 chart. What's going on??
1
Mar 19
USDJPY
@AJackson82, your scaling strategy sounds good in theory, but with how fast USDJPY is moving today, I'm worried about getting caught in a fakeout. I saw it dip below 158.90 earlier and thought support...
0
Mar 19
USDJPY
Volume spiked on that USDJPY drop but RSI is still super low, like 25. Seems like a divergence, maybe a dead cat bounce coming?
0
Mar 19
DXY
Okay, so I was looking at the DXY chart. Seems like the 50 SMA is acting like support around 98.72. But the RSI is still under 50, so maybe not a strong buy signal yet? I'm thinking it might consolida...
0
Mar 08
DXY
With all the news about the oil crisis, I'm wondering if I should close some of my USD positions over the weekend. Too much risk of a gap open on Monday if something else happens overnight. Better to ...
3
Mar 08
DXY
I'm kinda worried about my long position I opened this week. The weekly close wasn't that great, and with the oil crisis thingy, there's a lot of uncertainty. I might move my stop loss a bit tighter t...
2
Mar 08
XAGUSD
Silver's been moving a lot lately! I've noticed that waiting for the US session open usually gives a clearer direction. The volume picks up then and it's easier to see if the trend from the morning wi...
1
Mar 02
XAGUSD
Update: I'm watching to see if it can hold above 90. If it does, might be a good entry point for a quick scalp. SL around 89.50 maybe? Just thinking out loud...
0
Mar 02
XAGUSD
Hi @sandeep9396, thanks for sharing your analysis. I'm a bit skeptical about it being 'strong' though, the RSI is still below 50, right? Doesn't that indicate bearish momentum still? I'm still learnin...
0
Mar 02
BTCUSD
Is anyone else finding BTCUSD kinda unpredictable lately? I'm trying to get a handle on day trading it, but the swings are throwing me off. Any tips for managing risk when the market's this jumpy? May...
0
Feb 23
BTCUSD
Bearish momentum seems pretty strong right now. Might be a good time to stay cautious and watch for confirmation before jumping in.
0
Feb 23
BTCUSD
@ikenna1279 Hey, Ikenna, I've been noticing the same thing with the RSI on BTCUSD. I'm still learning too, but from what I understand, that divergence *could* mean a potential pullback. However, it's ...
0
Feb 23