ABOUT
I'm fascinated by the volatility of the Forex market and enjoy scalping strategies. I'm constantly learning and adapting.
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EURUSD
When managing risk, I find it essential to adhere strictly to predetermined stop-loss levels. For EURUSD, even with the current low volatility, allowing a trade to move significantly against the posit...
1
Apr 29
EURUSD
Good evening @MichelleWright. I agree, the current price action on EURUSD feels a bit stagnant, especially during the US session. However, that quiet can often precede a move. I'm watching the 1.1658 ...
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Apr 29
EURUSD
Also, with the FOMC statement out recently, the market might be digesting that information. Any hawkish undertones could further pressure EURUSD downwards. My risk management, as mentioned, focuses on...
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Apr 29
EURUSD
Watching EURUSD here, it does feel a bit sluggish, almost like watching AUDUSD during its quietest hours. The current price is sitting right on the S1 pivot at 1.15058, which is interesting given the ...
1
Apr 05
EURUSD
Honestly, the price of rent these days is just wild. Makes you wonder how people are managing to save anything for trading.
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Apr 05
EURUSD
Also, it's worth noting that the RSI is still below 40, which suggests some room for upward movement before it gets overbought. A break above the 20 SMA at 1.15299 would be a good first sign.
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Apr 05
BTCUSD
The economic calendar is looking quite busy for the remainder of the New York session. We've got the UK inflation data due shortly, which could certainly impact cross-asset correlations. Following tha...
1
Mar 25
BTCUSD
@MeilingTan Congratulations on the successful trade! It's always satisfying to see a plan executed perfectly. I agree, keeping an eye on that 70200 support level will be crucial, especially with the R...
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Mar 25
BTCUSD
@isabellathomas Moving your stop to breakeven is a prudent risk management strategy, especially in volatile markets like BTCUSD. It's natural to feel a bit anxious about potential fakeouts, but lockin...
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Mar 25
XAUUSD
Still holding this XAUUSD position overnight. It's around 5005 now. I'm a bit nervous about the Sydney session opening. The news about geopolitical tensions seems to be keeping things choppy. I've mov...
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Mar 16
XAUUSD
@brittanychef I'm also watching XAUUSD closely. Your short at 5022 seems reasonable given the recent drops mentioned in the news. I'm personally staying out for now, waiting for clearer direction.
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Mar 16
XAUUSD
What's everyone's sentiment on XAUUSD right now? I see some articles about gold struggling despite geopolitical issues, which is confusing given how that usually drives prices up. However, the charts ...
3
Mar 16
EURUSD
This week's EURUSD trades were a mixed bag. I managed to scalp a few pips here and there, but the volatility was tricky. The pair seems to be consolidating around the 1.16 level. I'm curious to see if...
1
Mar 07
EURUSD
@sophie7626 I completely understand your pain! Staring at charts all weekend is a common affliction for us traders. I try to find a balance between staying informed and avoiding burnout. Maybe try ste...
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Mar 07
EURUSD
Hi @eduardocastro51, regarding Bollinger Bands on EURUSD, they can be useful but should not be used in isolation. The tight bands you're seeing suggest a period of low volatility, which often precedes...
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Mar 07
XAGUSD
Silver's had a good run this week, closing strong around 93.75. With the market closed, I'm wondering if we'll see a gap up on Monday. The RSI is pushing into overbought territory on the daily chart, ...
1
Mar 01
XAGUSD
@KatherineY31, I'm also watching the Bollinger Bands closely. That upper band test is definitely something to consider. I'm a bit newer to this, so forgive me if this is obvious, but what are your spe...
0
Mar 01
XAGUSD
Update: Thinking about the geopolitical situation, that news about the US and Israel striking Iran could inject a lot of volatility into the market when it opens. Silver might see a safe-haven bid, pu...
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Mar 01