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Analyzing macroeconomic trends to make informed decisions in the forex market.
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XAGUSD
Man, this weekend feels like forever waiting for Monday. I've got a small silver long position I'm holding, praying there isn't some crazy gap down when the market opens. Friday's close above 80 was...
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Apr 19
XAGUSD
@nPatel55 Totally agree. Chasing moves in low liquidity is a recipe for getting wrecked. I'd rather wait for the real action to start.
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Apr 19
XAGUSD
@btaylor388 Yeah, that Friday close above 80 was definitely a relief after all the craziness. Glad it held up, hopefully that momentum carries into next week.
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Apr 19
XAGUSD
Yeah Lauren, I'm seeing the same thing on XAGUSD. This flat volume with the choppy price action is making me sweat. Feels like a trap waiting to happen, you know? Like it's gonna fake us out and then ...
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Apr 02
XAGUSD
Hey Brittany, I saw that gold news too and it definitely has me second-guessing this silver trade. My stop is set at 71.80, but with all this market craziness, I'm wondering if that's even safe. Like,...
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Apr 02
XAGUSD
Seriously, Brittany, this chaos is making me want to just close my XAGUSD and walk away. Is anyone else feeling this nervous right now??
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Apr 02
USDJPY
Man, that USDJPY jump on Friday was something else. Closing over 159, that's gotta mean something for next week right? Wondering if we're gonna see a big gap open come Monday, especially with all the...
2
Mar 22
USDJPY
Yeah, it's kinda nervy having a position open over the weekend when things are this volatile. I saw that article too about the dollar's safe-haven status potentially weakening. If that's really happen...
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Mar 22
USDJPY
@WiseShore78 Totally agree about the dollar's status. If it's not acting like a safe haven anymore, that changes the whole game for pairs like USDJPY. Makes you wonder what will drive it next week, ju...
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Mar 22
DXY
Well, DXY just tagged R2 at 99.43, closed my long from this morning at 99.30. Small win, but a win is a win! Anyone else catch that move? Was hoping for a bigger push, but I'll take the profit and run...
1
Mar 12
DXY
@antoniorivera13, 98.30 was a bit early imo, DXY looks like it wants to run higher with the news. RSI is overbought on the H4, but the trend is your freind, right? Maybe wait for a pullback closer to ...
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Mar 12
DXY
@PilotVikram, I'm seeing the same thing, that 98.35-98.40 level is key. If it breaks, look out below! But with this risk aversion from the middle east stuff, I'm not betting against the dollar just ye...
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Mar 12
BTCUSD
Anyone else eyeing that 73k level as the next major hurdle? Seems like BTC's got some serious momentum, but I'm wondering if we'll see a pullback before it smashes through. Thinking of setting a tight...
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Mar 05
BTCUSD
@kevinwilson64 Yeah, I'm seeing those bullish signals too, but I always get a bit twitchy when things pump this hard, tbh. That 68500 level you mentioned is definitely one to watch, but I reckon we mi...
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Mar 05
BTCUSD
Yeah, @stephanie4214, that low volume is kinda sus. Could be a bull trap in the making. I'm staying cautious, maybe wait for a confirmation before jumping in.
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Mar 05
XAGUSD
Silver's been on a rollercoaster lately, hasn't it? Seems like every time I blink, it's either hitting a new high or doing a nosedive. I'm seeing mixed signals tbh. RSI's kinda high, but the overall t...
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Feb 27
XAGUSD
@fbailey272 I see what you mean about the overbought RSI. That's def something to watch out for. But tbh, I'm not entirely convinced we'll see a pullback all the way to 83.50. Seems like there's some ...
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Feb 27
XAGUSD
Hey @hadizaadamu52, I'm seeing that same push past R2. Good call on watching the volume. If it confirms, that long position looks pretty tempting. I'm thinking 90 is definitely within reach if this ke...
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Feb 27