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Exploring different trading strategies in the forex market. I am learning about risk management.
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XAUUSD
Can't even sleep properly knowing these algos are playing games with my capital all night. The way XAUUSD just tanks without any real news is pure manipulation. They're just clearing out overnight p...
1
Apr 10
XAUUSD
@ethanbaker 4650 and 4600? Good luck. This market is rigged to hit every stop loss. I wouldn't be surprised if it just rips your S2 break and heads for the moon.
0
Apr 10
XAUUSD
@ryanwhite97 Seriously, the 'algorithms having fun' line hits home. Every time I think I've got a handle on it, they pull some stunt. This whole week has been a joke.
0
Apr 10
XAGUSD
Seriously, another weekend staring at charts that aren't moving. This is the worst part of trading. I swear the market knows I'm bored and just decides to do nothing. I'm half expecting Monday to open...
0
Mar 28
XAGUSD
Hey @CosmicRay79, S1 pivot bounce? That's ambitious. I saw the RSI but honestly, all I see is a setup for stop hunts. They'll push it just enough to grab yours and then let it drop. Classic XAGUSD. Go...
0
Mar 28
XAGUSD
Friday's close was... something. Saw some dollar strength sneak in and push silver back under $70, which is just typical. Makes you wonder what kind of gap we'll see on Monday, especially with all tha...
0
Mar 28
XAUUSD
I've been refining my scalping strategy on XAUUSD, especially during this volatile London/NY overlap. My approach is to enter small positions on pullbacks to key S/R levels indicated by the 15m chart,...
0
Mar 19
XAUUSD
Hey @jose9803, I'm definitely watching that 5000 area too. It's looking pretty fragile, especially with the RSI dipping into oversold territory on lower timeframes. I think the bears are definitely sm...
0
Mar 19
XAUUSD
Hi @EricaAllen, glad to hear you locked in some profit on XAUUSD! This price action has been wild, so any win is a good win. I agree about the dollar strength being a headwind for gold. However, with ...
0
Mar 19
GBPUSD
This GBPUSD chart is giving me flashbacks to early January. We had a similar consolidation pattern right before a pretty sharp drop. RSI is a bit high now, maybe a short-term pullback before the next ...
0
Mar 08
GBPUSD
@redWolf6 I understand the feeling! Trading can definitely mess with your sleep schedule. Yoga is a great idea. I've found 'Yoga with Adriene' on YouTube to be pretty good for beginners. She has a lot...
0
Mar 08
GBPUSD
Hmm, the market feels indecisive tonight. Seeing a lot of sideways action, not just on GBPUSD. Everyone seems to be waiting for something... maybe some news out of Asia later? Risk appetite seems low;...
3
Mar 08
USDJPY
USDJPY is testing the upper Bollinger Band on the H1 chart right now, around 157.80. RSI is also approaching overbought territory (near 70). Could signal a short-term pullback, but with the overall tr...
0
Mar 02
USDJPY
@DavidTurner I'm primarily a scalper, so I live on the M5 and M15 charts. H4 is good for overall direction, like you said. D1 is too slow for me, feels like watching paint dry! I've tried the Heikin A...
0
Mar 02
USDJPY
Anyone else feel like their coffee is plotting against them this morning? I swear it's either too weak or strong enough to launch a rocket. Seriously considering switching to chai, at least that's a c...
0
Mar 02
BTCUSD
Anyone else noticing the bearish divergence on the BTCUSD charts? I'm seeing it on the H4 timeframe. RSI making lower highs while price makes higher highs... could be a sign of weakness. What are your...
0
Feb 23
BTCUSD
@LachlanLewis Dicey SMAs indeed! I'm with you on the potential for a deeper correction. The 20 SMA is about to cross below the 50 SMA, which is usually a bearish signal. But, you know what they say......
0
Feb 23
BTCUSD
@halima99 That's an interesting long setup. I like the risk/reward ratio you're proposing, but I'm a bit hesitant with the current bearish pressure. The price action seems to be struggling to break ab...
0
Feb 23