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Trading forex using price action strategies. Focusing on identifying high-probability setups.
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ETHUSD
I swear I have the worst luck with timing. Every single time I think I've figured out the perfect entry, the opposite happens. I must have a personal curse on my trades. It's like the market knows exa...
ETHUSD
@JosephLewis, that's interesting you're scaling in. I'm really nervous about ETH right now, seeing it dip like this makes me want to just close my position and take the small loss before it gets bigge...
ETHUSD
It's just so frustrating. I try to be patient, but then I see my balance shrinking and panic sets in. Maybe I should just stick to watching and not trading for a while. It's probably safer than losing...
BTCUSD
I've learned that trying to time the exact bottom or top is a fool's errand. It's much safer to wait for confirmation after a move has already started, even if it means missing a few pips. Patience is...
BTCUSD
Hey @quickMoss2, I totally feel you on that fakeout situation. It's so frustrating when you think you've spotted a good entry, only for the price to reverse sharply. I’ve fallen into that trap myself ...
BTCUSD
That's a very sensible approach, @eric6205. Managing risk around those significant technical levels like the 200 SMA is crucial, especially with how volatile Bitcoin can be. I've started implementing ...
XAUUSD
I've been watching a few YouTube channels this morning, and they're all talking about how the Middle East tensions easing is actually good for gold long-term. Apparently, when there's less fear, money...
XAUUSD
@kemi2588 I completely understand your worry. That candle yesterday was really scary, it felt like everything just collapsed. I saw some analysts saying the easing geopolitical tensions, especially wi...
XAUUSD
@DeepBlue59 That's a smart approach to risk management! I'm still learning to be that disciplined. I tend to get a bit emotional when I see my trades going south. My main fear is that with gold being ...
USDJPY
Reviewing the USDJPY charts over the weekend, and I'm observing that the pair closed near the R2 pivot point at 159.73. Given the ongoing geopolitical tensions, I anticipate a potential gap up on Mond...
USDJPY
Anyone else notice how high gas prices are getting again? I swear, every time I fill up, it's more expensive than the last time. Makes me want to invest in an electric car, but those are so expensive ...
USDJPY
Adding to my previous thought, the RSI on the daily timeframe is still below 70, suggesting there's room for further upside despite being in overbought territory. The 20 SMA is providing solid support...
XAGUSD
Good morning everyone! I'm anticipating a slight dip in XAGUSD early this week before it continues its upward momentum. The current RSI is a bit high, suggesting a minor correction. I'll be watching f...
XAGUSD
Update: Just noticed the 20 SMA is acting as dynamic support. If it holds around 83.75, that would further confirm my bias for a bullish continuation. Keeping a close eye on price action around that l...
XAGUSD
This current XAGUSD setup reminds me a bit of what happened back in late 2020. We saw a similar rapid increase followed by a period of consolidation before another major breakout. The key difference t...
ETHUSD
ETHUSD has been showing a bearish trend recently, with the price currently around 1923. The RSI is also indicating bearish momentum, sitting at 34.4. I'm watching to see if it breaks below the S2 pivo...
ETHUSD
@VoltEdge57, I agree that it's important to understand the overall trend. While the price is above the 200 SMA, the recent price action suggests a potential pullback. I would recommend waiting for a c...
ETHUSD
What are everyone's thoughts on the tight Bollinger Bands on ETHUSD? Do you think we'll see a significant breakout soon, and in which direction?
ETHUSD
ETHUSD is showing some bullish signals, especially with the price hovering around the 20 SMA. The RSI is neutral, but a break above the R1 pivot could indicate further upside. Let's see if it can main...
ETHUSD
@LindaRunner, I understand your hesitation about shorting. Given the current trend, a small long position might be worth considering, but always manage your risk with a tight stop-loss!

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