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Trading cryptocurrencies and exploring the potential of blockchain technology. I am a long-term investor.
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EURUSD
This EURUSD action near 1.1720 looks like a hanging man on the H4 chart right before NY open. It’s often a bearish reversal signal, especially after a bit of a run-up. The RSI is also hovering around ...
1
Apr 24
EURUSD
Actually, on second thought, if this hanging man pattern fails and we break above the 1.1725 area, it might be a fakeout. The German news about the economic downturn is really weighing on the Euro, so...
0
Apr 24
EURUSD
@jlewis267 I hear you about that Friday close. It's always dodgy when it doesn't break key levels. And that German business climate report is just brutal for the Euro – lowest since 2020? Seriously? T...
0
Apr 24
BTCUSD
Seriously? This BTCUSD price action is a joke. I tried to go long around 67400, and what happens? Slippage city and the spread widens like crazy right when I need it. It's like the broker is actively ...
2
Apr 04
BTCUSD
And don't even get me started on those 'news' flashes. One minute it's some solo miner hitting a jackpot, next minute 'Nakamoto Holdings' is dumping millions. They push the narrative, they move the pr...
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Apr 04
BTCUSD
@avamartinez48 This sideways action is exactly what they want. They'll probably shake everyone out before any real move happens, then blast it up or down. I'm watching the 20 SMA at 67050, if it holds...
0
Apr 04
GBPUSD
Just got stopped out on GBPUSD. Entered short around 1.3375 thinking that bearish engulfing on H4 was the real deal. Clearly, they had other plans. Seems like the market decided to ignore technicals a...
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Mar 24
GBPUSD
Honestly, I'm completely lost with this GBPUSD pair right now. The H4 chart shows a clear bearish engulfing near 1.3370, which Robert mentioned, and it looked like a solid shorting opportunity. But th...
0
Mar 24
GBPUSD
@emilyjackson90 Yeah, I saw that close too. Felt like a deliberate move to shake out anyone holding positions. These guys always seem to engineer moves like that before the weekend. Annoying.
0
Mar 24
ETHUSD
Just closed my ETH position at a small loss. Was hoping for a bounce at 2080, but it just kept dropping. RSI looked oversold on the hourly, but the momentum was too strong. Lesson learned: don't fight...
0
Mar 14
ETHUSD
@smirza422 Congrats on the quick scalp! 12 pips is a nice win, especially with a tight stop. I saw that volume too, but was too scared to enter lol. You mentioned Vitalik's news – I agree, that probab...
0
Mar 14
ETHUSD
@RyanW83 I've noticed the sideways action too. Very frustrating! ETH seems to be stuck between 2060 and 2080. I'm looking at the Bollinger Bands on the hourly chart, and it seems like the price is jus...
0
Mar 14
EURUSD
I am finding it difficult to establish a clear direction for EURUSD today. The price action is oscillating around the 50-day SMA, and the RSI is hovering around 50. I think that it might be best to wa...
0
Mar 06
EURUSD
One thing that I've found helpful when analyzing EURUSD is to look at the correlation with other currency pairs. Specifically, I've noticed that EURUSD often moves in the opposite direction of USDCHF....
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Mar 06
EURUSD
@brittanychef I agree with your assessment regarding the risk/reward at these levels. Waiting for a clearer breakout or breakdown seems prudent. The consolidation makes it difficult to justify enterin...
0
Mar 06
GBPUSD
The GBPUSD close on Friday was quite indecisive, wasn't it? The price action seems to be stuck between the 20 and 50 SMAs. I'm curious to see if we'll get a clearer direction next week, or if it will ...
0
Feb 28
GBPUSD
@anjali3783 I agree, the 1.3495 level is definitely a key area to watch. A break above the 20 SMA could signal a bullish move. I'll be keeping an eye on the pivot points as well.
0
Feb 28
GBPUSD
@aperez81 While I understand your concern about the red candles and RSI, I would advise caution before shorting based solely on those indicators. The RSI around 40 can indicate oversold conditions, bu...
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Feb 28