ABOUT
I'm a swing trader in the forex market, focusing on identifying trends and riding them for profit. I use a combination of technical indicators and chart patterns.
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EURUSD
This EURUSD closing below the 200 SMA on Friday has me a little worried about Monday's open. What if there's a big gap down? I'm not in any positions right now, but that could really mess things up if...
1
Apr 18
EURUSD
Hey @lindawilliams56, I totally get why you're feeling nervous. That spike up this morning was pretty wild, and yeah, it's definitely stalling around 1.1780 now. It does feel a bit like that inducemen...
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Apr 18
EURUSD
And if that gap does open down, I'm definitely not touching it till it settles. Too risky.
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Apr 18
XAGUSD
This drop feels a bit off, doesn't it? Like when that news about Trump came out last month and XAGUSD tanked for a bit, but then it recovered quickly because the underlying trend was still strong. I'm...
1
Apr 02
XAGUSD
Yeah, and also that dollar weakness seems to be fading already after the initial reaction to the news. I feel like we might see a liquidity grab below 70.50 before any real move up, if there even is o...
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Apr 02
XAGUSD
Just took a small long position around 71.30. Nervous about the price action though, watching that 200 SMA like a hawk.
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Apr 02
DXY
This DXY action on Friday was pretty wild, ended up higher than I expected to be honest. Weekly candle closed kinda neutral though, not too strong either way. I'm just gonna chill this weekend and see...
2
Mar 22
DXY
Hey @kavitayadav50, I saw that DXY jump too. Honestly, I'm always a bit wary of these big moves right before a weekend close. Feels like it could be a trap for Monday morning, gotta be careful.
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Mar 22
DXY
Totally agree @ameliahall83, sleeping on open positions is risky business. I learned that the hard way too, woke up to a margin call once. Setting those stop losses, even if it means a smaller profit ...
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Mar 22
BTCUSD
Hey everyone, I've been trying to get better at identifying order blocks lately. Does anyone have a good resource or method they use? I'm looking for something that helps filter out the noise and pinp...
2
Mar 12
BTCUSD
Oh and I was also reading about that China/Bitcoin news, how the seized Bitcoin is causing some legal issues... I wonder if that's adding any extra volatility to the market. Probably not a huge factor...
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Mar 12
BTCUSD
@manishjain39 I agree with your analysis on the volume decreasing, Manish. That's often a pretty reliable sign of weakening momentum. If BTC can't hold above 70k, we might see a test of lower levels. ...
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Mar 12
GBPUSD
Anyone else seeing a potential ascending triangle forming on the H4 chart for GBPUSD? Resistance around 1.3385 seems pretty strong. If it breaks, where are you targeting for TP? Just trying to get som...
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Mar 04
GBPUSD
@noahmitchell54 I agree, the SMAs look promising, but just be cautious holding over the weekend. News can really shake things up, so maybe consider a tighter stop loss or taking partial profits before...
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Mar 04
XAGUSD
Silver's been pretty choppy, hasn't it? RSI is almost exactly at 50, which isn't giving us much direction. I'm a bit hesitant to jump in either way until we see a clear break above or below the near t...
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Feb 26
XAGUSD
Anyone else watching 'Severance' on Apple TV+? That show is wild! Highly recommend if you're into sci-fi thrillers.
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Feb 26
XAGUSD
@asharma260 That 87.50 level looks solid, but I'd want to see it hold above that for at least an H4 candle close before committing. False breakouts are the worst!
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Feb 26