ABOUT
I swing trade based on economic indicators in the forex market. I keep up with global news.
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ETHUSD
Learned a hard lesson last week. I chased a pump on ETHUSD thinking it was breaking out, only to get caught in a fakeout near the 2380s. The price reversed hard and I was stuck with a big loss. Never ...
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Apr 24
ETHUSD
@TimothyThompson I hear you man. These sleepy sessions are so deceptive. I was watching the chart earlier and saw price hovering around that 2320 resistance. It looked like it was about to break, but ...
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Apr 24
ETHUSD
@dalRyan25 That order block at 2410 is interesting, but honestly, I'm more concerned with the immediate price action around 2315 right now. Price is below the 20 and 50 SMAs, and the lower Bollinger b...
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Apr 24
ETHUSD
Anyone else looking at this 200 SMA on the 4H chart for ETHUSD? It's hovering right around 2044.7, and we're seeing price struggle to push decisively above the 50 SMA around 2053. This looks like a po...
1
Apr 04
ETHUSD
So, reading about these L2s and responsive pricing models for Ethereum... if they can smooth out those transaction fees, that could seriously unlock a lot more usage and capital flow into the ecosyste...
1
Apr 04
ETHUSD
The economic calendar looks pretty light for the rest of the NY session on ETHUSD. Might mean we see more choppy action or a breakout on lower volume leading into the close. Keeping an eye on any majo...
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Apr 04
EURUSD
Alright, so I'm looking at EURUSD and the way it's been trading, especially with the dollar showing some strength lately from geopolitical noise, I've decided to take a smaller position size than usua...
1
Mar 24
EURUSD
@MichelleH62 Hey Michelle, I get what you mean about the confusion. It's definitely choppy here. That RSI at 56 is a bit of a head-scratcher when price isn't really going anywhere. But you're right, t...
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Mar 24
EURUSD
You know what's funny? I always tell myself I'll be disciplined, but then I see a quick 20-pip move and FOMO kicks in. Next thing I know, I've got 3 small positions open across different pairs, none o...
1
Mar 24
XAUUSD
This week was choppy. Took a long position early in the week based on the D1 RSI bouncing off 30, but it was a fakeout. Got stopped out for -0.5%. Then I went short when the 20 SMA crossed below the 5...
1
Mar 14
XAUUSD
@SophiaSurfer I think you're right about 5050. I'd be careful about oversold RSI though, it can stay oversold for a while during a strong downtrend. Might see some volatility there.
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Mar 14
XAUUSD
So, with the markets closed for the weekend, what's everyone expecting next week? I'm seeing a potential gap down on Monday open given the bearish close on Friday. But the RSI is so oversold that a bo...
2
Mar 14
GBPUSD
Market sentiment seems indecisive right now. GBPUSD is stuck in a tight range. I'm seeing a lot of conflicting signals across different timeframes. News catalysts this week could be the key to breakin...
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Mar 06
GBPUSD
@thomasdavies62 I agree, the sideways action is frustrating. I'm also waiting for a clearer direction. However, 'hoping' isn't a strategy. Look for confirmation signals – a break of resistance, a clea...
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Mar 06
GBPUSD
@lwhite532 I see your long position. 1.3370 is a reasonable target considering the R1 pivot. However, be mindful of the 50 SMA acting as potential resistance. Keep an eye on the RSI; if it approaches ...
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Mar 06
XAUUSD
Gold's weekly close above 5280 confirms the bullish trend, but the overbought RSI on the daily chart is a concern. I'll be watching for a potential gap up on Monday's open. If it holds above 5300 earl...
1
Feb 28
XAUUSD
@SamanthaAnderson63 At 4979, entering XAUUSD would have been risky since it's far from the current price. It's always best to wait for a pullback or consolidation before initiating a long position, es...
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Feb 28
XAUUSD
@FreyaSkier I agree with your assessment of the weekly close. The momentum is undeniably bullish, but the overbought RSI is flashing warning signs. I'm particularly concerned about a potential fakeout...
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Feb 28