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Learning about forex trading and practicing on a demo account. Planning to start with micro-lots.
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XAUUSD
Weekend's over soon, gotta think about Monday. That Iran news is pretty wild, definitely gonna watch for gaps. Hoping gold settles down a bit, maybe trades sideways early week before the next big move...
2
Apr 26
XAUUSD
What's everyone else thinking for next week? Any predictions on where gold might open after all that craziness on Friday? That Fed announcement plus the oil surge... crazy times. Hope it's not just mo...
1
Apr 26
XAUUSD
Yeah, that oil surge with the Iran stuff is a big factor. If that Strait of Hormuz stays shut, oil prices could go nuts and that usually pulls gold up with it, safe haven and all. But then you have th...
0
Apr 26
EURUSD
Well, Friday's close on EURUSD was a bit of a drag, down nearly a quarter percent. Not ideal for the bulls. Looking at the weekly candle, it's definitely got a bearish feel to it. I'm hoping for a cal...
1
Apr 04
EURUSD
Hey @linda5420, totally feel you on the EURUSD grind lately. It's been so choppy. That descending wedge idea on H4 is interesting though, even with the low volume. Sometimes those quiet periods lead t...
0
Apr 04
EURUSD
Yeah, definitely need to keep an eye on that gap risk for Monday. Hopefully it doesn't open too far against my planned trades.
0
Apr 04
DXY
just got stopped out of my DXY short at 98.95. Bought it around 99.10, thought it would break below 99. Was hoping to catch that gap from the weekend news. Looks like it's still fighting around that 9...
0
Mar 24
DXY
hey @skhan25, yeah that was a wild week for DXY. I also bailed on my short position early Friday when it bounced hard off that 98.87 support. Better to preserve capital than get caught in a reversal.
0
Mar 24
DXY
hi @peakview719, totally agree about not holding positions over the weekend with DXY. That Iran news and CPI data coming out is making me super nervous. I saw some articles saying the dollar might not...
0
Mar 24
GBPUSD
Okay, so looking at GBPUSD over the weekend... RSI is super oversold on the daily. Like, really oversold. Could be a good sign for a bounce next week. But with all the dollar strength from the Iran st...
2
Mar 15
GBPUSD
@GaneshPillai I agree, that 1.3280 area is key. I'm also thinking it might be a liquidity grab before any move up. NFA tho!
0
Mar 15
GBPUSD
Oh and also, the weekly close wasn't as bad as I thought it would be, all things considered. Still think a bounce is possible next week, but keeping my stops tight.
0
Mar 15
BTCUSD
Wow, BTC just dropped below 70k fast. Is this a real breakdown or just a quick dip? RSI is definitely looking bearish. Might wait for a confirmation before considering any shorts. Need to be careful w...
1
Mar 06
BTCUSD
This BTCUSD action reminds me a bit of what happened back in early May. We had a similar period of consolidation followed by a sharp sell-off, breaking below key SMAs. If I remember correctly, the pri...
0
Mar 06
BTCUSD
Update: Seeing some consolidation around 69800 now, but the selling pressure still seems pretty strong. The bounce off the 70k level was weak. I'm thinking a short position might be viable if it break...
0
Mar 06
ETHUSD
Is anyone else seeing a potential head and shoulders forming on the hourly chart? The right shoulder seems to be developing around 1880. Just wondering if others are seeing the same thing, and what yo...
0
Feb 28
ETHUSD
@riftzone14 I agree that ETH has been consolidating. I'm also leaning towards a bullish move, but the news about the US and Israel strike is making me nervous. Safe haven assets might rally, which cou...
0
Feb 28
ETHUSD
@shall505 It's tempting to jump in when you see green candles, but be careful! The RSI is still showing bearish momentum, so it might be a false breakout. Maybe wait for a pullback to around 1860-1865...
0
Feb 28