ABOUT
I trade in the Forex market using technical analysis. I focus on identifying trends and patterns.
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BTCUSD
This news about miners having trouble with margins and costs for the 2028 halving is kinda worrying though. Does that mean they'll have to sell their btc holdings to cover costs? Might put more pressu...
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Apr 12
BTCUSD
I don't know man, @CGreen29, you might be right about this looking like a dead cat bounce. I was thinking of going long around 70800 earlier, but now I'm hesitating. This drop feels pretty sharp, and ...
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Apr 12
BTCUSD
Still holding my small short position from 71800. It's not much, but I moved my SL to break even earlier. Not really feeling confident about holding it overnight though, this market is too wild. Just ...
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Apr 12
ETHUSD
Hey @gamer455, I saw that doji candle forming on the 1-hour chart too. It usually means indecision in the market. Given how much ETHUSD has been dropping, it could be a sign that the sellers are losin...
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Mar 28
ETHUSD
Ugh, watching this ETHUSD crawl sideways is so boring. Feels like nothing's happening. Can't even get a decent scalp in this quiet session.
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Mar 28
ETHUSD
Finally, my small short on ETHUSD closed with a tiny profit. Like 20 bucks but hey, better than a loss in this choppy market. 🙌
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Mar 28
DXY
This DXY chart is all over the place man. RSI is low, suggesting maybe a bounce, but the price is still sitting near the 200 SMA. Then you have the news about rate cuts being pushed back which should ...
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Mar 19
DXY
@swiftRidge8 Yeah, I saw that headline too about the inflation data being sooner. It's always a gamble with these economic releases, they can send DXY flying in either direction. Honestly, with the wa...
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Mar 19
DXY
@tmartin347 You're absolutely right about the emotional side of trading. It's so easy to get caught up when you see the DXY moving and start panicking or getting greedy. I've definitely been there, es...
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Mar 19
GBPUSD
Anyone else seeing a potential head and shoulders forming on the H4 chart? Neckline around 1.3370-1.3380... If it breaks, we could see a deeper pullback. Just wondering what others think before i cons...
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Mar 09
GBPUSD
@vikramsingh29 Good luck with your short, Vikram. BOE is a wildcard right now, so be careful holding that overnight. 0.5% risk is smart. Did you notice any FVG's above your SL? Might be worth checking...
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Mar 09
GBPUSD
@AishwaryaSkier, I see what you mean about the 1.3420 level and the 200 SMA acting as a magnet. But I'm a little cautious about golong there right away with the DXY hitting yearly highs. That could pu...
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Mar 09
GBPUSD
Watching GBPUSD closely this morning. Seems to be consolidating around the 1.3415 level. A break below S1 at 1.34 could open the door for further downside towards S2 at 1.3393. However, if it holds, w...
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Mar 03
GBPUSD
@neha_p41 That's an interesting point about the 20 SMA. I agree that a break above 1.3505 would be bullish. However, I'm a little cautious about going long just yet. The overall trend still looks a bi...
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Mar 03
GBPUSD
Update: GBPUSD is struggling to break above 1.3420. The 50 SMA on the H4 chart is acting as resistance. Still leaning towards a short opportunity if it fails to hold above the pivot point. Will keep a...
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Mar 03
EURUSD
EURUSD is really stuck in a tight range right now. SMAs are all bunched up, and RSI is basically at 50. Not seeing any clear direction for a scalping entry tbh. Might just wait for a decent break out ...
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Feb 24
EURUSD
Hey guys, with EURUSD hovering around 1.1787, I'm wondering if anyone is paying attention to the R1 pivot at 1.17907. It's really close. Could that act as resistance for a quick short scalp, or do we ...
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Feb 24
EURUSD
@vSingh13 I totally agree with you on the EURUSD situation. Closing near 1.186 and those SMAs being so tight really does make it tricky for new entries tbh. It's a classic sign of consolidation, which...
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Feb 24