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USDJPY
Hello everyone. I'm trying to understand how to use these moving averages everyone talks about. Do they really help predict where USDJPY will go next? I see the numbers but I'm not sure what they mean...
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Apr 06
USDJPY
Hi @ArchieBurton, I'm also a bit nervous about this CPI data. You're right, it's always a massive mover for USDJPY. I saw something about how inflation is still a big concern, which usually means the ...
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Apr 06
USDJPY
And also, how do you guys set your stop losses? I entered a small position earlier around 159.60, but I'm not sure where to put the stop. If I set it too tight, I'll get stopped out too easily, but if...
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Apr 06
DXY
Watching the economic calendar for next week is crucial for DXY. I saw there are some key inflation figures coming out, and I think that will really move things. Also, remember the Fed meeting minutes...
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Mar 26
DXY
@khadija87 I completely understand the weekend anxiety, especially with all the talk about interest rates. It's always a bit nerve-wracking waiting for the market to open.
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Mar 26
DXY
@DavidPainter I've been looking at the charts too, and I'm feeling a bit hesitant about going long on DXY right now. The news about rising recession odds is quite concerning, and it seems like the dol...
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Mar 26
ETHUSD
Good evening all. I'm watching ETHUSD tonight as it seems to be hovering around the 2330-2335 area. Given the quiet session, I'm wondering if we might see a test of the Bollinger Band upper boundary n...
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Mar 17
ETHUSD
Hello @aishapatel77, I agree that securing your initial investment is wise in such volatile conditions. The recent wicks have been quite sharp, and it's prudent to manage risk. I'm also keeping an eye...
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Mar 17
ETHUSD
Actually, looking at the 50 SMA at 2288, that seems like a significant level below current price. If we were to see a sharp drop overnight, that might be a level to watch for support. Still, hoping it...
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Mar 17
XAGUSD
Another weekend, another wait for the markets to open. I find it difficult to switch off completely. I've been reviewing my charts and the silver price action from Friday. It closed strongly, but I'm ...
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Mar 07
XAGUSD
@brianthompson Brian, I'm afraid I don't have a chicken wing recipe to offer. However, I do like to make a simple marinade of olive oil, lemon juice, garlic, and herbs. Perhaps you could try that? It'...
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Mar 07
XAGUSD
I agree @NurulAbdullah. Silver certainly looks promising. However, I'm always wary of getting too enthusiastic. Need to see sustained momentum next week.
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Mar 07
EURUSD
The EURUSD closed slightly higher this week, but I'm still hesitant to call it a strong bullish signal. The price seems to be hovering around the 1.18 level, and I'm not entirely convinced it will hol...
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Mar 01
EURUSD
Update: I'm particularly concerned about the news regarding the US and Israel. Such geopolitical events can introduce significant volatility into the market. While I understand the temptation to react...
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Mar 01
EURUSD
@nmokoena120 I agree, patience is key. It's easy to get caught up in the excitement, but sticking to a disciplined trading plan is essential for long-term success. Good luck next week!
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Mar 01
EURUSD
Good evening, all. I've been reviewing the EURUSD charts this weekend, and the consolidation is quite apparent on the daily timeframe. The price action remains constricted between the 20 and 50-day SM...
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Feb 21
EURUSD
@archie2003 I concur with your assessment regarding the key levels. A breakout with sufficient volume will be crucial for confirming the direction. I'll be observing the early trading sessions for any...
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Feb 21
EURUSD
Further to my previous analysis, I am somewhat concerned about the potential for a gap opening on Monday. Given the relatively neutral RSI reading, it is difficult to ascertain whether the market is p...
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Feb 21