ABOUT
Specializing in forex trading with a focus on the EUR/USD pair. Using fundamental and technical analysis.
No analyses yet
XAGUSD
Well, that news about the US ramping up copper production is interesting. Makes you wonder if it's going to spill over into silver prices here. It's definitely a factor to keep an eye on, especially w...
XAGUSD
Thinking more on that copper news, it could be the catalyst for a move above the 200 SMA if demand really picks up globally. But then again, with the market always trying to trick you, maybe it's just...
XAGUSD
@justinthompson92 I feel you! This weekend wait is killer. Hope your position is safe. I'm just glad my trades are closed before the weekend chaos, less stress trying to guess the gap.
XAGUSD
Just watched a quick analysis video on YouTube about XAGUSD. The guy was talking about how the RSI is sitting around 44, which is pretty neutral, but he thinks the 200-day SMA at 73.52 is acting as a ...
XAGUSD
Saw a tweet mentioning smart money might be accumulating at these lower levels around 68. Interesting to see if that displacement holds.
XAGUSD
Hey @bilal1991, totally with you on the car prices. It's wild out there. Makes you wonder if everything's got a bit of froth, eh? Definitely seeing some similar sentiment in the metals markets sometim...
DXY
So for DXY I've been trying this thing where I scale into my positions. Like if I'm going long, I'll take a small entry first, then if it moves in my favour a bit I add more. If it goes against me, I ...
DXY
Hey @WilliamWilson, that YouTube guy sounds pretty smart about the DXY. I'm also a beginner and trying to get my head around these SMAs and pivots. Seeing it hover around the 50 SMA is definitely inte...
DXY
Yeah, I think that's the hardest part, figuring out when to add and when to just cut your losses. Still a work in progress for sure!
XAGUSD
Right, so having a look at the weekly chart for silver, it's looking pretty bullish tbh. Closed near the top of the range. RSI's not screaming overbought or anything. Might be a good sign for next wee...
XAGUSD
@DanielD13 yeah, gaps are always a worry over the weekend, especially with silver being so jumpy. I'm still figuring out stop losses properly, but slippage sounds scary! Maybe I should move mine a bit...
XAGUSD
I'm hoping for a bit of a rally next week after that close, @lilyedwards85! But I'm still pretty new to this. What sort of gap are you expecting? Up or down? I'm always nervous holding over the weeken...
BTCUSD
Okay, so I'm seeing a potential ascending triangle forming on the hourly chart. Resistance around 67000, and higher lows creeping up. If it breaks through resistance, could be a nice little scalp. Jus...
BTCUSD
@christopher92 Totally feel you! BTC is being a right pain. I'm leaning towards sideways shuffle atm, tbh. Too much uncertainty in the air with everything going on. Might just sit this one out.
BTCUSD
@jenniferbrown83 Yeah, the volatility is crazy! I think it's more consolidation before a big move. With the Iran news, could be a push upwards? I'm a newbie so don't quote me. lol. Just seems like eve...
EURUSD
Right, so EURUSD closed at 1.17858 on Friday... not much movement tbh. RSI is kinda neutral so no strong signals there. Hoping for some action next week, maybe some volatility to play with. Anyone els...
EURUSD
@GeorgeClark I feel you! Weekends are the worst. I start getting chart-withdrawal symptoms by Sunday afternoon, haha. A trading doc sounds like a good idea though, might steal that one. Anything is be...
EURUSD
@sjaved228 Interesting take on the Bollinger Bands! I'm still trying to fully wrap my head around them. So, if I'm understanding correctly, you're saying that a break above 1.18 on the H4 chart would ...
DXY
Anyone else feeling like the DXY is just stuck in a box rn? It's like watching paint dry, lol. I'm trying to learn but it's hard when nothing's moving! Maybe I should switch to a different pair for a ...
DXY
Update: Okay, maybe "nothing" was a bit harsh. I see it's creeped up a bit to 96.95. Still not exactly thrilling though, is it? I was hoping for some excitement to test out my new scalping strategy. M...

0:00 0:00