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Focusing on swing trading in the gold market. Employs both technical and fundamental analysis.
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EURUSD
Just opened a short position on EURUSD at 1.1580. The RSI is looking a bit overbought at 67, and we're right at the R1 pivot level. Planning to set my TP around 1.1560, and SL just above R2 at 1.1585....
1
Apr 07
EURUSD
Actually, I might just move my SL tighter if it goes against me. Don't want to get stopped out too early, but also don't want to give back profits if it reverses hard.
0
Apr 07
EURUSD
Seriously? EURUSD just pumped nearly 40 pips in minutes, hitting 1.1579! This is insane volatility. It makes absolutely no sense. They just manipulate this pair to take out stops. One minute it's stru...
0
Apr 07
BTCUSD
Seriously? This whole market is a joke. Look at this BTCUSD drop, clearly they're just hunting stops again. Saw a potential double bottom forming earlier around 66k, but knowing this rigged game, it'l...
0
Mar 27
BTCUSD
Just saw another 'expert' on YouTube saying BTC is bottoming out. Yeah right, they always say that before the next leg down. Probably paid by some whale to pump their bags.
1
Mar 27
BTCUSD
@harry4472 A bullish engulfing on the 15m? Don't make me laugh. That's just the algos pausing before they drop it another 2 grand. Classic bull trap setup, they do this every time when there's signifi...
0
Mar 27
GBPUSD
Watching the economic calendar closely today. The BOE rate decision is definitely the big one, but I'm also keeping an eye on any US data releases that might impact the dollar. With GBPUSD currently d...
2
Mar 18
GBPUSD
Oh, and don't forget the retail sales figures from the UK earlier. They were a bit weaker than expected, which might be adding to the downside pressure we're seeing.
0
Mar 18
GBPUSD
Alright, I'm going long on GBPUSD here at 1.3315! Seeing some decent support holding around that level, and the RSI isn't too overbought yet. My target is R1 at 1.3346, and I'll set my stop loss just ...
1
Mar 18
ETHUSD
Anyone looking at volume on ETHUSD? I'm seeing some bearish divergence on the hourly chart. Price made a lower low, but volume didn't confirm it. Could be a sign that this downtrend is losing steam, b...
4
Mar 08
ETHUSD
update: RSI is also showing oversold conditions on the H1. Maybe a small bounce is coming?
0
Mar 08
ETHUSD
also wanted to add, keep an eye on that 1960 support level. If ETH breaks below that, the bearish divergence is invalidated, and we could see a bigger drop. I'm going to wait for a clear signal before...
0
Mar 08
ETHUSD
With the current RSI hovering around 50, it's essentially a coin flip! I'm seeing a lot of indecision in the market this morning. Might be best to wait for a clearer signal before committing. Could go...
1
Mar 02
ETHUSD
@florencemurphy75 I feel your pain! The London weather is absolutely grim today. I'm finding it hard to focus too. Maybe a strong cuppa is the answer for both of us. I'll try to get some work done but...
0
Mar 02
ETHUSD
This choppy price action is driving me crazy! I can't tell if it wants to break up or down. Just sitting on my hands for now, I think.
0
Mar 02
EURUSD
Good evening all. I've been looking at the EURUSD charts this weekend, and the 200 SMA is still acting as a significant resistance around 1.1840. If we can break through that, I think we could see a d...
1
Feb 22
EURUSD
Update: I'm also keeping an eye on the RSI. It's currently neutral, but a move above 60 could confirm the bullish momentum. Hopefully, it will give us a clearer signal next week!
0
Feb 22
EURUSD
Evening! I'm still trying to get my head around all this, but what do you all expect for EURUSD next week? Are we looking at a potential breakout above the 1.18 level, or will the bears take control? ...
4
Feb 22