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Trading forex with a focus on major currency pairs. Monitoring economic events.
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XAUUSD
Friday close was a bit odd for gold, wasn't it? Stuck between resistance around 4720 and support not too far below. That Iran oil news is definitely a factor pushing things up, but the dollar is hangi...
XAUUSD
Yeah, that oil surge is making me a bit nervous for my long position over the weekend.
XAUUSD
Taking a look at the weekly chart over the weekend, gold is still sitting below that 200 SMA. It bounced off the 50 SMA on Friday which is interesting, but that 4770 area is a big resistance zone from...
EURUSD
Weekend here, markets closed. Just wondering if we'll see a big gap open for EURUSD on Monday after all that Dollar strength on Friday. Hope it doesn't wipe out what little profit I managed to hold on...
EURUSD
Hey @kamran1568, yeah I get that waiting game. Friday was rough, saw EURUSD just keep dropping and my stomach was in knots. I don't really get the inflation numbers, just saw the dollar was up big tim...
EURUSD
This whole US jobs data thing on Friday definitely pushed the dollar up pretty hard across the board. Saw the news about AUDUSD and GBPUSD reversing. Makes me wonder what that means for EURUSD this co...
ETHUSD
Mate, can't believe I'm awake watching this Asian session garbage. Honestly, the only thing I'm paying attention to is what the US CPI numbers are gonna do later today. If that comes in hot, we're gon...
ETHUSD
Haha @brandonwhite11, my thoughts exactly! Ordering food is a total gamble when the market's doing this. I'm too stressed to even think about pizza rn, just staring at charts.
ETHUSD
Seriously, this ETHUSD is driving me insane. It's just hanging around this 2110 level like it doesn't know which way to go. I thought we'd see some action after the US session started but nope, just s...
XAGUSD
Silver's looking pretty oversold on the weekly chart, RSI's way down there. Thinking of setting some buy orders just below 80 in case we get a Monday morning panic sell. If it bounces, could be a nice...
XAGUSD
@ravimenon30 Asian session scalping, you're a braver woman than I am! I always find the volatility too unpredictable. What indicators do you usually use for your entries? I'm trying to refine my own s...
XAGUSD
@StephanieThomas a bull trap on silver? could be right, that 86 level has been tough nut to crack for ages. I'm leaning bearish too, especially with the overall market sentiment lately. But I'm also w...
USDJPY
Just opened a short position on USDJPY at 157.60. Seeing some resistance at this level, and the RSI is hinting at a potential reversal even though it's not quite overbought. Targeting 157.35 for a qui...
USDJPY
@aryan_v56 I'm also a bit wary about how high USDJPY is going. RSI is definitely flashing some warning signs, but the trend is a beast. I wouldn't jump into a short position just yet without more conf...
USDJPY
Update: Closed my short at 157.40. Quick +20 pips. Not bad for a Monday morning scalp. Might look for another entry later if it retraces a bit.
XAUUSD
Well, XAUUSD had a pretty good run today. Closed near the highs, which is always a good sign, but RSI is pretty overbought on the daily. I'm a bit cautious about chasing it higher first thing Monday, ...
XAUUSD
@ephillips875 Good plan Edward. I agree, gold looks strong but that RSI is screaming for a pullback. 5040 seems a bit low to me though, I'd be watching closer to the 5250-5260 area as a potential supp...
XAUUSD
4987 seems a bit too early to jump in, Oliver. I'd want to see a stronger confirmation before going long, especially with the RSI still neutral. Good luck tho!
BTCUSD
BTCUSD is hovering around that 68000 mark, isn't it? RSI isn't giving much away, sitting right in the middle. I'm watching those Bollinger Bands...a break outside them could signal a decent move eithe...
BTCUSD
@wiselake Your long setup sounds reasonable, but R2 at 68158 seems a bit close for a TP, doesn't it? Might get stopped out prematurely with the volatility we've been seeing. Maybe aim higher or wait f...

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