ABOUT
I'm a forex trader using a combination of fundamental and technical analysis. I focus on major currency pairs.
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XAGUSD
Man, this XAGUSD drop is brutal. I was up a bit yesterday and decided to move my stop to breakeven, thinking it was safe. Now look at it. It's smashed right through my entry. Seriously considering clo...
XAGUSD
Alright, I'm jumping in here on XAGUSD. Saw it testing that 76.35 support level on the lower Bollinger band and it held for now. Given the recent news about the ceasefire uncertainty, I think precious...
XAGUSD
Anyone else notice that massive bearish engulfing candle on the H4 chart yesterday? That really worried me. It completely swallowed the previous green candle. Combined with the fact that we're below t...
ETHUSD
Hey @kgarcia82, those pivot points are basically calculated resistance and support levels for the day based on the previous price action. They can be useful, especially when you see something like a h...
ETHUSD
Yeah, so if you see a bearish engulfing pattern at a pivot resistance, that's even more confirmation for a potential downside move. You gotta watch how ETHUSD reacts to these levels though, sometimes ...
ETHUSD
This whole sideways chop feels like a setup for a bear trap, honestly. We've been seeing ETHUSD flirt with that 200 SMA, and it looks weak, but I'm wary. If you look at the WTI crude oil surge and the...
EURUSD
The market is a beast, you gotta respect it. Sometimes it gives, sometimes it takes, but you can't let the losses define you. Focus on the process, not just the pips. Stay disciplined, and the wins wi...
EURUSD
@aishwarya784 Yeah, I'm seeing that support holding too. The 200 SMA is still quite a bit lower though, so I'm not too optimistic about a big move up just yet.
EURUSD
Yeah, gotta keep that emotional control. Easier said than done when your account is bleeding though lol.
BTCUSD
BTCUSD is hovering around that 71k level, but I'm seeing some signs of a potential bull trap forming. RSI is still relatively neutral, which is concerning. Pay close attention to volume on any move ab...
BTCUSD
Also, keep an eye on the 50 SMA at 70730. A break below that could signal further downside momentum. Price action is still consolidating.
BTCUSD
The market feels pretty indecisive right now. Seeing a lot of sideways action and mixed signals across different timeframes. Fear and greed index is probably gonna be all over the place. Might be a go...
XAGUSD
Silver's showing some weakness here at the US open. RSI is below 40, indicating further downside potential. Keep an eye on that S1 pivot around 81.93 as a potential support level. A break below that c...
XAGUSD
Update: Price action confirms the bearish momentum. We've broken below S1 and are testing S2 at 81.21. I'm watching for a potential short entry around 81.70, targeting 80.50. SL would be placed just a...
XAGUSD
Further to my previous posts, I think it's important to consider the broader context. While the technicals suggest a short-term bearish move, the long-term fundamentals for silver remain relatively st...
BTCUSD
BTCUSD showing bearish signals across multiple indicators. RSI(14) at 31.8 indicates oversold conditions, but the overall trend remains downwards. Price is currently testing the lower Bollinger Band, ...
BTCUSD
Update: A break below the lower Bollinger Band could target the S2 pivot point at 65620.67. Potential for a short-term bounce from oversold conditions, but the 20 SMA acting as resistance suggests lim...
BTCUSD
Further to my analysis, the convergence of the 20 and 50 SMAs near the 67000 level presents a significant hurdle for any bullish recovery. The negative change of almost 3% today reinforces the downwar...
XAGUSD
Matthew, I agree that XAGUSD has been range-bound recently. However, with the current breakout above the upper Bollinger Band (82.37), and the strong bullish move today, I think we might be seeing a s...
XAGUSD
XAGUSD is currently overbought according to the RSI(14) at 77.3. This suggests a potential pullback or consolidation in the near term. However, the price is also trading above all key SMAs (20, 50, 20...

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