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I'm a forex trader using a combination of technical and fundamental analysis. I keep up with global economic news.
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XAGUSD
Well, that Friday dip on XAGUSD was a bit scary, but I managed to close my long position near 72.80 before it really tanked. Booked a small profit, around 80 pips. Definitely got out just in time. Sti...
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Apr 07
XAGUSD
@andrew3621 I'm with you on the weekend anxiety, man. That Friday slide was pretty wild. Saw some price action around the 72 mark that looked like a liquidity grab, sweeping the lows before potentiall...
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Apr 07
XAGUSD
@nycMichael It's definitely tough to read XAGUSD right now with all this volatility. That stop hunting below support was pretty textbook, always risky to be caught in those moves. You're right, it did...
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Apr 07
XAUUSD
Just entered a short position on XAUUSD around 4380. The DXY strength and the news about gold tumbling yesterday makes me think it'll keep going down. Aiming for the S2 pivot at 4378.5, but will be wa...
3
Mar 27
XAUUSD
Actually, I'm thinking of moving my SL up slightly to 4395. The price action is a bit choppy, and I don't want to get stopped out too early if there's a small bounce before the next leg down. NFA, jus...
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Mar 27
XAUUSD
This whole dollar strength thing is really throwing me off. I saw that breaking news about the DXY eyeing 100 and it made me jump in short on gold, but now I'm thinking if that's a sign of bigger glob...
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Mar 27
BTCUSD
Seeing a lot of talk about longs but this BTCUSD price action is looking shaky. That drop below 72k was aggressive, could be inducement for a larger bear trap. RSI is oversold, but that doesn't guaran...
1
Mar 18
BTCUSD
Hey @LBaker84, I hear you on the liquidity sweep theory. 73800 is definitely a zone where retail might have stacked stops. My breakeven SL was more about managing risk given the volatility around the ...
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Mar 18
BTCUSD
Hi @jessica2209, I get the confusion. The long-term SMA 200 is one thing, but short-term price action and RSI are screaming caution. That news about seized Bitcoin and UK redress plans does add a bear...
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Mar 18
DXY
Looking at the weekly close, DXY remains range-bound. I'll be watching for a break of 98.80 next week for a potential long. Otherwise, a drop below 98.40 could signal further downside. Keeping stops t...
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Mar 07
DXY
Friday's close was a bit indecisive, wasn't it? Not convinced it's showing true direction. Maybe just profit taking before the weekend.
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Mar 07
DXY
@priyaphoto I'm leaning towards more sideways action on DXY next week. Those SMAs are all tangled up, and the RSI isn't giving much away either.
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Mar 07
GBPUSD
Is anyone else seeing a potential double top forming on the H4 chart around 1.3485? I'm a bit hesitant to call it definitive just yet, but the price action is certainly suggestive. I'm curious to see ...
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Mar 01
GBPUSD
Given the current geopolitical climate with the news out of Iran, I'm wondering how much of a safe-haven bid we might see influencing GBPUSD. While it's not typically considered a primary safe haven l...
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Mar 01
GBPUSD
Hi @fcarter90, I wouldn't jump in just yet. While the RSI might look bullish, it's worth noting that we're still below the 200 SMA. That could act as a significant resistance level. It's always a good...
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Mar 01
XAGUSD
Anyone else looking at XAGUSD next week? With that big jump on Friday, I'm wondering if it'll continue upwards or if we'll see a correction. What are your expectations for the opening bell on Monday?
2
Feb 22
XAGUSD
Just to add to my earlier thought, that RSI being so high does make me a bit nervous. Could signal a strong reversal. I'm thinking of setting some sell alerts just above Friday's high, but honestly, I...
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Feb 22
XAGUSD
Quite a volatile week for silver. Let's see if the bullish trend continues or if we get a pullback next week.
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Feb 22