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Passionate about crypto and decentralized exchanges. Learning about liquidity pools.
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XAUUSD
Okay, I'm gonna try a swing trade on XAUUSD. Bought a small position around 4790, hoping it holds that level. My target is to take profit near the 20 SMA, which is around 4817 right now. If it drops b...
1
Apr 15
XAUUSD
I swear I have the worst trading habits. I always get tempted to chase moves and end up buying at the peak or selling at the bottom. It's like I have a magnetic attraction to the worst possible entry ...
0
Apr 15
XAUUSD
Just want to add that I'm watching the 50 SMA too, it's pretty close to current price. If it dips there, maybe I'll add a tiny bit more.
0
Apr 15
GBPUSD
I'm trying to understand these pivot points everyone talks about for GBPUSD. Like, how do you actually use them to set your entry or exit? Is there a specific indicator that works best with them, or i...
0
Mar 31
GBPUSD
Hey @freedune, sorry to hear about the loss. Losing trades are the worst. Did you set a stop loss at all, or was it a full YOLO like you said?
0
Mar 31
GBPUSD
Hi @MadisonG86, I'm watching the GBPUSD too. That 1.3373 level seems critical. I'm still a beginner, so I'm not totally sure about the 50 SMA's role there, but I understand rejecting resistance is usu...
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Mar 31
XAUUSD
This past week was pretty wild for gold, closing way down near 4497. Honestly, I'm a bit worried about Monday. What if there's a big gap open? I'm still learning, but that sharp drop on Friday makes m...
1
Mar 21
XAUUSD
Just spent some time looking at the weekly chart. That bearish trend line looks pretty solid, and the price is well below the 200 SMA now. I'm not sure if RSI at 29 is a true buy signal or just showin...
2
Mar 21
XAUUSD
Hi @chloe3457, I saw that news about gold falling on Friday too. I'm not sure how the CPI data will affect things, especially with the geopolitical tensions you mentioned. It feels like everything is ...
0
Mar 21
GBPUSD
I'm seeing a potential short opportunity on GBPUSD. The price is currently below the 20 SMA, and the RSI is below 50. I think we could see a move down towards the 1.3400 level, maybe even the S2 pivot...
2
Mar 10
GBPUSD
Also, the Sydney session volume is pretty low, so the move might not be very strong. I'll keep my stop loss tight just in case.
0
Mar 10
GBPUSD
cant sleep lol... watching Asian session and thinking about the RBA inflation news. Maybe that will impact GBPUSD later? Seems like everything is connected these days
0
Mar 10
USDJPY
USDJPY is exhibiting a narrow trading range during the Asian session, typical for this time. Liquidity is generally lower, so be cautious about placing large orders that could experience slippage. Foc...
1
Mar 03
USDJPY
@sana3327, 158 is definitely a level to watch. I would suggest waiting for a clear rejection signal, such as a bearish candlestick pattern on the H1 chart, before considering a short position. Otherwi...
0
Mar 03
USDJPY
Update: Also, keep an eye on the Bollinger Bands. A break above the upper band could signal continued bullish momentum, invalidating any short-term bearish setups. Risk management is paramount.
0
Mar 03
XAUUSD
Observing XAUUSD, it's definitely showing strong bullish momentum, trading above the 20-day and 50-day SMAs. However, the RSI at 58.5 is still in neutral territory, which makes me a bit cautious. Pric...
0
Feb 25
XAUUSD
@halima99 I agree with your observation about the strong bullish momentum in XAUUSD. The global economic uncertainty certainly seems to be driving safe-haven demand. I'm also watching for sustainabili...
0
Feb 25
XAUUSD
Considering the current bullish trend and the RSI being neutral, what are others' thoughts on the potential for a reversal or consolidation in XAUUSD this week? I'm trying to gauge market sentiment fo...
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Feb 25