ABOUT
I primarily focus on futures and options trading. I am constantly learning and refining my strategies.
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ETHUSD
Just closed my ETHUSD long from 2205. Took a small 15-pip loss when it dipped below the S1 pivot this morning. Not a big deal, just reassessing the situation now. Will wait for clearer signals before ...
ETHUSD
Hey @david89, I hear you on the sideways action but I'm a bit more cautious with that BTC news about Nakamoto selling. While ETH might decouple, the correlation with BTC is still too strong in my book...
ETHUSD
My risk management rule is simple: never risk more than 1% of my capital on any single trade. For ETHUSD, that means my stop-loss must be placed in a way that a hit won't blow up my account, even with...
GBPUSD
This weekend feels like an eternity waiting for Monday. Market action on Friday was interesting though, with GBPUSD closing below the 50-day SMA. Wondering if we'll see a gap down at the open given ...
GBPUSD
Actually, the fact that the dollar showed some weakness despite those inflation concerns is what's making me think. If that trend continues into next week, it might give GBPUSD a chance to recover som...
GBPUSD
@odavies807 I agree that the bearish flag on H4 looked convincing, especially with the drop coinciding with dollar strength on Thursday. However, the news about potential Fed rate hikes and the broade...
XAGUSD
Hey @surfer19, I saw that too. Looked like a liquidity sweep below S1 pivot at 75.64. The RSI is deep in oversold territory now around 26. I'm watching to see if we get a bounce off the current 75.12 ...
XAGUSD
Actually, looking at the 200 SMA around 83.29, that's still a long way off. So even if we get a bounce from 75.12, the overall trend still looks bearish on the daily. I'm not expecting any major upwar...
XAGUSD
This quiet Sydney session is making it hard to find clear setups. Price action is so slow. I'm tempted to just wait for London open. Anyone else finding it tough to trade XAGUSD right now?
GBPUSD
Holding my GBPUSD short position over the weekend. With the RSI showing overbought conditions on the daily, I'm expecting a pullback early next week. Will keep a close eye on how it opens on Monday mo...
GBPUSD
@fcarter90 I agree, that Friday close was a bit sus. The 200 SMA is definitely a key level to watch next week. Could be a good shorting opportunity if it rejects there.
GBPUSD
What are everyone's expectations for GBPUSD next week? I'm curious to see if that 1.34 level will hold or if we'll see a breakout. Also wondering if the oil crisisi will affect cable much, given the n...
ETHUSD
Took a short position on ETHUSD earlier at 1945 based on the bearish trend and SMA resistance. Unfortunately, the price moved against me and hit my stop-loss at 1955. A loss of 1%. Need to re-evaluate...
ETHUSD
@olivia92 Your analysis is interesting. I see the potential long position above the 200 SMA as well. However, I'm slightly concerned about the RSI not being oversold enough. A break above 1953 with in...
ETHUSD
@ojones581 I think ETHUSD is facing significant resistance around the 1960 level, not 2050. The pivot point R1 is at 1958.67, which could act as a barrier. While the current price action shows some bu...
EURUSD
Considering the current bullish trend in EURUSD, what are your thoughts on the effectiveness of using Fibonacci retracement levels to identify potential entry points? Are there any specific levels you...
EURUSD
@isabellaevans16, it's good you're looking at the SMAs. While the price being above the 20 and 50 SMA is generally bullish, it's not a guaranteed signal. Consider the distance between the SMAs; a wide...
EURUSD
Given the current market sentiment and the recent bullish momentum in EURUSD, do you think we might see a test of the 1.1830 resistance level soon? What are your expectations for the pair in the comin...
EURUSD
Has anyone observed divergence on the EURUSD charts? I'm seeing potential bullish divergence on the hourly RSI, but I'm unsure if it's strong enough to signal a reversal. Would appreciate input from m...
EURUSD
@george90, I'm also trying to apply Elliott Wave analysis, but the wave counts are quite subjective. The 50 SMA around 1.1845 seems like a reasonable target if a bounce occurs. Good luck with your ana...

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