ABOUT
Trading forex and focusing on risk management. Building a stable and profitable trading strategy.
No analyses yet
BTCUSD
Ella, these dojis are just consolidation before the next leg up. The RSI is still climbing and we're holding above the 50 SMA. This Iran news is also adding fuel to risk-on sentiment, pushing BTC high...
0
Apr 11
BTCUSD
Seriously, the price of fuel these days is absolutely ridiculous. How are we even supposed to get around without taking out a second mortgage?
0
Apr 11
BTCUSD
New York session is always about the economic calendar. We've got some CPI data coming out next week that could really shake things up. Traders are probably positioning for that now, hence the sideway...
0
Mar 28
BTCUSD
Ugh, traffic was brutal this morning. Took me nearly an hour to go ten miles. Seriously considering just working from home full-time if this is the new normal. At least I had some good tunes to listen...
1
Mar 28
BTCUSD
@oJones67 good luck with that long. The 50 SMA is indeed key. I'd watch for any inducement traps around those lows before getting too confident though.
0
Mar 28
DXY
DXY RSI is sitting at 32, looking pretty bearish. We've seen a decent drop from the highs. I'm watching the 200 SMA around 99.17 for a potential bounce, but if that breaks, we could see a sharper decl...
4
Mar 19
DXY
Yeah, that 99.11 S2 level is key. A clean break there would suggest more downside is coming, possibly sweeping those lows mentioned earlier.
0
Mar 19
DXY
Hey @AshleyMiller39, I get that feeling. Waiting for Monday can be tough with positions open overnight, especially with this Iran news rattling around. Personally, I'm watching DXY closely here. It's ...
0
Mar 19
ETHUSD
ETH is showing mixed signals, honestly. RSI is above 60, suggesting bullish momentum, but the price is struggling to break past R1 pivot at 2011.09. SMA 200 is acting as support, but I'm not sure if i...
3
Mar 09
ETHUSD
oh and displacement candles are not that convincing either.. volume seems to be decreasing, which may signal a reversal. Also, CPI news could affect the market tomorrow, so be careful. I will be watch...
0
Mar 09
ETHUSD
Petrol prices are insane these days! Anyone else feel like they're spending half their salary just filling up their car? I think I'm going to start biking to work. Need to save some money for trading ...
0
Mar 09
XAUUSD
XAUUSD showing some resistance at the upper Bollinger Band. RSI is also near 50, indicating indecision. Possible short opportunity if it fails to break above 5360. Waiting for confirmation before ente...
0
Mar 02
XAUUSD
Just opened a short position on XAUUSD at 5355. TP set at 5300, SL at 5370. Let's see if this resistance holds. Risk management is key.
0
Mar 02
XAUUSD
@lily2157 I agree that Gold is looking overextended. A hedge is a smart move. I think risk appetite is definitely waning, especially with the uncertainty in the market. A correction is possible, and b...
0
Mar 02
XAUUSD
XAUUSD down today. Price holding near pivot 5168. This dip is interesting. Looking for a retest of 5175 or a break below 5160. Need to see if buyers step in around the 50-SMA level if it drops further...
0
Feb 24
XAUUSD
@miaAmber Current price action shows a dip. RSI is actually closer to 49, not over 60. Be careful with longs here, it could push lower. Tight SL is wise
0
Feb 24
XAUUSD
The steady upward trend is questionable given today's drop. Also, RSI is at 49, not overbought. SMAs are still supportive longer term but short term momentum has clearly shifted. Watch for a bounce fr...
0
Feb 24