ABOUT
I trade primarily in forex, looking for short-term scalping opportunities. I am a fast-paced, high-volume trader.
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EURUSD
I've been trying to get a better handle on using Fibonacci retracements for identifying potential entry and exit points on EURUSD. Does anyone have a preferred method for applying Fibo levels, particu...
EURUSD
Hi @kbutt322, it's frustrating to get stopped out, especially when you felt confident about the entry. Given the current volatility around 1.1540, I'd suggest waiting for a clearer setup rather than c...
EURUSD
I see your point, @SThompson82. That feeling of buying at the peak is all too common. The geopolitical climate is certainly adding a layer of complexity, making the dollar's strength a dominant factor...
XAUUSD
I'm finding it hard to reconcile the current price action with the technicals. The RSI is sitting at 46.6, which is pretty neutral, yet we saw that sharp spike earlier. The 50 SMA is holding as suppor...
XAUUSD
Hey @ella93, it was indeed a peculiar move for gold during what's typically a quieter session. I was watching the charts and saw that surge past 4500. It’s interesting you mention the thin liquidity –...
XAUUSD
Hi @climber724, that Friday sell-off was quite aggressive. Seeing gold drop from near 4650 all the way to 4500 is a significant move, and you're right, 4550 failed to hold as support. It makes me wond...
ETHUSD
Observing the ETHUSD hourly chart, I am noting the formation of what appears to be a descending channel. The price action has consistently respected the upper resistance trendline while finding suppor...
ETHUSD
Hey @gerhard4292, I agree about the doji. It does seem a bit uncertain. I'm also looking at the 4hr RSI, which is still quite high. I wonder if we'll see a consolidation phase before any significant m...
ETHUSD
That's a sensible approach, @NicoleAllen. Taking profit in volatile conditions is always wise. I'm also monitoring ETHUSD closely, considering the news from South Korea regarding crypto regulations. I...
GBPUSD
Just had a look at the GBPUSD charts over the weekend. The price seems to be consolidating around the 1.3400 level, which is interesting. The 200 SMA at 1.34206 might act as resistance if it tries to ...
GBPUSD
@OliviaMiller I agree that the sideways action is quite prominent. The RSI at 60 does indicate some bullish strength, but as you mentioned, breaking above R1 at 1.33936 seems to be a challenge. A gap ...
GBPUSD
I'm thinking that next week GBPUSD might see some volatility, especially with the current economic climate. The price seems to be stuck between the 50 SMA at 1.3353 and the 200 SMA at 1.34206. If it b...
BTCUSD
Just got stopped out on a short at 66800. Was anticipating a continuation of the downtrend from earlier, but it looks like the market had other plans. A small loss, but still frustrating. Will re-eval...
BTCUSD
Anyone else finding this morning absolutely freezing? I swear it was warmer last week. Makes it hard to concentrate on the charts when you're shivering! Hoping it warms up a bit later, otherwise it's ...
BTCUSD
Update: After reviewing the charts again, I think I might have been too hasty with that short. The 50 SMA at 65890 seems to be acting as a decent support level. Waiting for a clearer signal before re-...
ETHUSD
Good morning, all. Observing ETHUSD currently trading near 1984. The RSI(14) is at 65.1, which suggests bullish momentum, but it's nearing overbought territory. I am curious to see if it breaks the 20...
ETHUSD
Update: Further to my earlier comment, I've noticed that the price has slightly pulled back from its peak. The Bollinger Bands indicate that the price is currently near the upper band (1986.73), which...
ETHUSD
Market sentiment seems quite indecisive at the moment. Volatility is still high, making it difficult to establish a clear direction. Caution is advisable.
GBPUSD
I'm observing a bearish trend on GBPUSD currently. With the price below the 20-day SMA and RSI below 50, does anyone foresee a further decline towards the S1 or even S2 pivot point levels? I'm curious...
GBPUSD
@RicardoDizon That's an interesting observation regarding the R2 pivot. I'm also watching for a potential short opportunity if it continues to struggle around that 1.3564 level.

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