ABOUT
Interested in technical analysis and using chart patterns to identify trading opportunities. Focusing on price action and volume analysis.
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EURUSD
This past week was a bit of a rollercoaster for EURUSD. I took a few small losses on Friday trying to catch the top before the weekend, which was dumb. Saw that RSI was getting pretty high and thought...
1
Apr 11
EURUSD
Actually, I should have trusted the higher timeframe trend more. That last push up on Friday closed pretty strong, might be a sign for next week. Need to re-evaluate my strategy.
0
Apr 11
EURUSD
Hey @CosmicRay78, smart move moving your stop to breakeven. I always get tempted to let profits run too far and then BAM, it reverses and I'm back to zero or worse. Last week had a couple of those mom...
0
Apr 11
DXY
This DXY weekend is making me twitchy. The Friday close was kinda strong though, looking like we might see a gap up on Monday. Gotta manage my positions carefully for the week ahead, hope the oil news...
2
Mar 28
DXY
Hey @williamcarter96, totally agree about keeping an eye on the economic calendar. Those inflation figures and the Fed minutes are definitely going to be the main drivers for DXY next week. I saw some...
0
Mar 28
DXY
Oh, and I forgot to mention the geopolitical stuff. That Iran situation is making oil jump which could impact the dollar too, right? It's all so interconnected, makes planning tricky. Need to see how ...
0
Mar 28
BTCUSD
Anyone else watching for the US CPI data later today? That's gonna be a huge catalyst for BTCUSD, could really shake things up. Hoping for a good number so we can see some upward movement, but you nev...
0
Mar 19
BTCUSD
I'm seeing a lot of talk about that big bearish engulfing candle on the 4-hour chart yesterday. It looks pretty scary, honestly. Like the bulls just gave up and the sellers took complete control. If t...
0
Mar 19
BTCUSD
@gracescott78 That triangle pattern you're seeing, is it looking more like it'll break down or up? I'm kinda feeling bearish right now with how much BTCUSD has dropped today. Hard to be optimistic abo...
0
Mar 19
XAUUSD
Anyone else notice how Gold is kinda following the DXY upside down lately? Dollar goes up, gold takes a dive. Dollar weakens, gold tries to recover. Obvs not a perfect correlation, but worth keeping a...
2
Mar 09
XAUUSD
Also, volume seems to confirm the moves... Higher volume when DXY pumps and gold dumps. Lower volume when DXY retraces and gold tries to bounce. Makes me think the big boys are playing this relationsh...
0
Mar 09
XAUUSD
@DawnBreak74 I agree on the bull trap potential. That's what I'm most worried about tbh. Gold's been choppy af, and a quick spike up to grab liquidity before a bigger fall seems likely. I'm staying ca...
0
Mar 09
GBPUSD
Anyone else seeing a potential head and shoulders forming on the H4 chart? Neckline around 1.3390. Volume isn't confirming it strongly yet, but it's something to keep an eye on. What's everyone's sent...
0
Mar 02
GBPUSD
OMG, that GBPUSD drop was brutal! Just saw it tank almost 50 pips in like 10 minutes. Good thing I wasn't in a trade. Seriously considering a small short position now, but need to see a retest first. ...
0
Mar 02
GBPUSD
Okay, I've just opened a short position on GBPUSD at 1.3408. SL is tight, placed at 1.3425 to protect against any fakeouts. Targeting 1.3370 for TP – looking for a quick scalp based on the current bea...
1
Mar 02
ETHUSD
ETHUSD is looking pretty beat down right now. RSI is deep in oversold territory at 28, which usually hints at a bounce, but volume isn't really confirming any strong buying pressure yet. I'm thinking ...
0
Feb 24
ETHUSD
@E_Nnamani I think your SMA levels might be a bit off based on current data. The 20 SMA is more around 1864, and we're trading well below it. Honestly, with RSI so low at 28, I'm more focused on wheth...
0
Feb 24
ETHUSD
hmm @dhall441 I'm not seeing that bounce off the 50 SMA. The current 50 SMA is much higher at 1903.5, and RSI is heavily oversold, not neutral. Be careful with longs here, seems risky.
0
Feb 24