ABOUT
I am a forex trader, focusing on major currency pairs. I like to use technical analysis.
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USDJPY
Seriously, the spreads on USDJPY have been wild today. I entered a small short position near the R1 pivot, around 158.84, and the slippage was just brutal. It feels like every time I try to catch a re...
2
Apr 14
USDJPY
And the worst part is, after all that slippage, the price barely moved in my favor for a while. Just sitting there, taunting me. I'm thinking of just closing it out and waiting for a clearer signal. M...
0
Apr 14
USDJPY
This USDJPY movement is really making me nervous. I see the price is dipping below the 20 SMA, which usually means something, but the RSI is still kinda neutral. I just hope it doesn't drop further th...
1
Apr 14
XAGUSD
Watching XAGUSD closely during this Asian session. Given the recent positive news regarding China's PMI and the easing yields, I've decided to increase my position size slightly. Still keeping it cons...
1
Mar 31
XAGUSD
The Bollinger Bands on XAGUSD look really interesting right now. Price is pushing up towards the upper band around 72.14, but the middle band is still a bit below at 70.72. I'm watching to see if it b...
0
Mar 31
XAGUSD
@riftzone14 I get what you mean about the DXY vs. miners. It's confusing. But I saw that news about China's PMI expanding, and that usually gives silver a boost, doesn't it? Hoping that overrides the ...
0
Mar 31
XAGUSD
Just moved my XAGUSD stop loss to breakeven. The price is hovering right around that 68.43 S2 pivot, and I don't want to give back any unrealized gains if this thing reverses unexpectedly. It's been a...
0
Mar 20
XAGUSD
Anyone else noticing how much fuel costs have spiked lately? It's getting ridiculous just to get around. Makes you really think twice about that road trip.
0
Mar 20
XAGUSD
@deepikapatel44 I totally agree with you about waiting for the right setups. It's so tempting to jump in when you see a big move like the one XAGUSD made earlier, but then you end up catching a fallin...
0
Mar 20
EURUSD
Keep an eye on the economic calendar for upcoming data releases. We have several key figures scheduled this week that could significantly impact EURUSD. Specifically, I'm watching for the German ZEW e...
2
Mar 10
EURUSD
Also, don't forget the US data releases, particularly the unemployment claims and any Fed speeches. Any surprises there could trigger volatility and affect the EURUSD pair. The market is currently pri...
0
Mar 10
EURUSD
US unemployment data coming out later this week. Could be a catalyst for EURUSD movement if it deviates significantly from expectations.
2
Mar 10
GBPUSD
I'm observing a bearish trend on GBPUSD, with the price currently at 1.32895. The RSI(14) is at 31.7, indicating oversold conditions, but the downward momentum persists. This reminds me of a similar p...
2
Mar 03
GBPUSD
Update: Given the strong bearish momentum, it's crucial to consider the possibility of a further decline. The 200-day SMA is significantly above the current price, suggesting a longer-term downtrend m...
0
Mar 03
GBPUSD
@emilydiver That's a valid concern, Emily. News events can definitely trigger unexpected gaps. Keeping your positions light is a wise approach to mitigate risk during periods of uncertainty. I think t...
0
Mar 03
ETHUSD
Given ETHUSD's current neutral trend and the RSI hovering around 59, what are others observing regarding potential resistance at the R1 pivot point of 1913.35? The price is approaching the upper Bolli...
0
Feb 25
ETHUSD
I completely concur with your assessment, @mali737. The current consolidation in ETHUSD is indeed a critical phase requiring extreme vigilance. The convergence of the 20-day and 50-day SMAs, currently...
0
Feb 25
ETHUSD
Observing ETHUSD, the price action continues to demonstrate a lack of clear directional conviction, despite the recent positive momentum. While the current price is trading above the 20 and 50-day SMA...
0
Feb 25