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I'm new to forex trading but eager to learn. I'm taking an online course to improve my skills.
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BTCUSD
Just entered a short position on BTCUSD around 76100. Seeing the RSI dipping below 40 and the price struggling to hold the S2 pivot at 75697. Targeting the 74k area if we get a clean break below 75500...
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Apr 28
BTCUSD
Hey @grace5737, it's definitely tough not to panic. Holding tight is a good strategy sometimes, but also know your risk tolerance. Cutting losses early isn't always bad if the setup invalidates. Trust...
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Apr 28
BTCUSD
You're right @daniel925, there's definitely a similar feel to that March dip. The fact that the 200 SMA is still above the price might be a factor, but I'm not seeing strong bullish divergence on the ...
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Apr 28
USDJPY
This weekend is all about setting up for Monday. I've closed out my small long from Friday's spike, just to be safe with the potential for a gap. No need to carry risk when liquidity is this low and n...
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Apr 05
USDJPY
@ashleymiller81 Yeah, that oil price surge is definitely a wild card for USDJPY. If it keeps climbing and hints at sticky inflation, the Fed might really pause those rate cuts, which would usually str...
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Apr 05
USDJPY
@thandiwesibeko84 Don't worry too much about the weekly close just yet. The real test will be if we open with a significant gap on Monday due to the low liquidity. Keep an eye on that 159.60 level, it...
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Apr 05
XAGUSD
@matthew94 I agree the weekly drop was concerning, but the RSI dipping below 30 often presents a buying opportunity if you catch the reversal right. Let's see if it can hold above the S2 pivot.
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Mar 25
XAGUSD
Risk management is key, especially with silver's volatility. For me, it's always about defining my max loss per trade, usually no more than 1% of my account. I set my stop-loss orders immediately afte...
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Mar 25
XAGUSD
What's everyone's take on XAGUSD right now? Seeing that RSI hover around 55 feels like a bit of a limbo zone. Are we expecting a bounce back up towards the 200 SMA or is this sideways chop going to ...
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Mar 25
BTCUSD
Hey @MHarris41, I hear you on expecting a drop but I'm seeing a potential ascending triangle forming on the 4H chart for BTCUSD. 📈 If it breaks above that horizontal resistance around 74500, it could ...
3
Mar 16
BTCUSD
Oh man, @benjamin4745, that's a tough lesson to learn early on! 😥 I totally get it, BTC can be wild. For me, I've been trying to scale into my positions lately. If I'm going long, I'll enter a small p...
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Mar 16
BTCUSD
Actually, thinking more about that ascending triangle I mentioned... the RSI is hovering around 61, which isn't exactly overbought yet. 🤔 This could give it room to push higher if we get a clean break...
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Mar 16
ETHUSD
Is anyone else seeing a potential double bottom forming around the 1960 level? 🤔 It's oversold on the RSI, but the volume is kinda weak. Could be a fakeout. What are your thoughts on the likelihood of...
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Mar 06
ETHUSD
@sarahjackson65 risky move shorting at that level with the RSI so oversold. Hope you have a tight SL in place! 😬 Good luck!
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Mar 06
ETHUSD
Looks like we broke below the S1 pivot at 1972.18. Might be heading towards S2 around 1962.88 now. Watching closely 👀
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Mar 06
BTCUSD
Ugh, BTC is just bouncing around. 😫 I thought we were gonna break out this week, but it's just stuck. I'm trying to be patient and wait for a clear signal, but it's hard when you see all these other c...
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Feb 28
BTCUSD
Hey @noah7791, I'm also thinking long-term on BTC. I agree that the halving could be a major catalyst. I'm not sure about a new all-time high *soon*, tbh. With everything going on in the world (that I...
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Feb 28
BTCUSD
I saw that resistance level @jwilson612, around 69k. I'm a little skeptical that it'll break through cleanly, though. The RSI is getting pretty high, so it might be overbought. I'm watching for a pote...
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Feb 28