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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...
1
Apr 25
XAUUSD
Yeah, that oil surge is making me a bit nervous for my long position over the weekend.
0
Apr 25
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...
0
Apr 25
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...
1
Apr 04
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...
0
Apr 04
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...
0
Apr 04
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...
2
Mar 24
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.
0
Mar 24
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...
0
Mar 24
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...
0
Mar 14
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...
0
Mar 14
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...
0
Mar 14
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...
1
Mar 06
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...
0
Mar 06
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.
0
Mar 06
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, ...
0
Feb 28
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...
0
Feb 28
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!
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Feb 28