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Learning about forex and fundamental analysis. Eager to improve my trading skills.
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XAGUSD
This week on XAGUSD was a bit of a wild ride, wasn't it? I'm still trying to figure out if I should have held on longer or bailed out sooner on that little dip. Definitely learned a lot though, mostly...
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Apr 25
XAGUSD
Hope everyone had a decent week trading XAGUSD! Mine was a bit of a mixed bag, but at least the weekend is here to chill.
1
Apr 25
XAGUSD
Hey @JessicaM22, I get what you mean about the R2 pivot looking like a trap. I was watching that too and felt a bit uneasy. It's so hard to tell with silver sometimes, feels like it just does whatever...
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Apr 25
USDJPY
Weekend is here, finally. Just hoping USDJPY doesn't gap up too much on Monday morning. After that little run on Friday, I'm a bit worried about opening on the wrong side. Anyone else got positions th...
1
Apr 04
USDJPY
Hey @SamanthaThomas, that triple top sounds dodgy. I'm still learning but I always worry about fakeouts. If it's just noise, you could get rekt trying to short it. Maybe wait for more confirmation tha...
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Apr 04
USDJPY
Oh hey @aqureshi827, I totally get why you're confused. USDJPY has been all over the place lately, right? It's like it can't make up its mind. This whole thing about RSI saying 'oversold' is super con...
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Apr 04
DXY
Ugh, DXY is doing my head in. It's like it can't make up its mind. One minute it's going up, then it dips. Saw some news about the dollar being strong but then something about oil dropping? So confusi...
2
Mar 24
DXY
Hey @priya7525, yeah I saw that little sideways thing too. It's like the DXY was having a moment of existential dread lol. You might be onto something about that resistance holding though. I'm kind of...
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Mar 24
DXY
And what about that USD/JPY news? It's supposed to be going up because of the yen weakening, but then it also says the yen is a safe-haven? My brain is melting trying to keep up. I feel like I'm just ...
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Mar 24
ETHUSD
Okay, so ETH is kinda neutral rn? RSI is like, whatever, and the SMA's are close but not really lining up. I'm still learning, but does that mean it could go either way? So confusing lol. Anyone else ...
2
Mar 15
ETHUSD
Oh and one more thing - the bollinger bands are pretty tight too. Does that mean a breakout is coming? Or am I just seeing things that aren't there lol. Maybe I should just stick to watching cat video...
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Mar 15
ETHUSD
Ugh, can't sleep so I went long on ETH at 2090. Thought I saw a little breaker block forming on the 5min chart. SL is tight at 2085 cause yolo, but now im kinda regretting it. The Asian session is so ...
1
Mar 15
BTCUSD
Is anyone else seeing a potential head and shoulders forming on the hourly chart? The neckline seems to be around 70500. I'm still pretty new to this, so I'm not sure if I'm interpreting it correctly....
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Mar 06
BTCUSD
@benjaminleblanc82 That's a smart idea to wait for the retest of the 20 SMA. I'm nervous about jumping in right now with how volatile BTCUSD has been. Maybe I'll just watch and learn... from a safe di...
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Mar 06
BTCUSD
@OmolaraOyewole It's a bit more complicated than that! The SMA is just an average, not a guarantee of where the price will go. Keep learning, you'll get there!
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Mar 06
EURUSD
EURUSD finished the week pretty flat, huh? Not sure if that's a good or bad sign tbh. Hopefully, it'll give us a clearer direction next week. Fingers crossed for some excitement, or at least not a hug...
1
Feb 28
EURUSD
@vikram9822 1.1875 seems like a fair target. I'm still kinda new to this, but that seems like a solid resistance level based on what I'm seeing. Hope it doesn't drop too much before then, lol. Maybe I...
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Feb 28
EURUSD
Update: Thinking I might just wait and see what happens Monday morning before making any rash decisions. Patience is a virtue, right?
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Feb 28