FR

Felipe Rodriguez

Trader
u/felipe2
91reputation0 followers0 following5 posts · 8 comments joined May 2026

Pre-market for me is mostly about confirming my thesis from the previous evening's analysis. No major new decisions, just adjustments.

Mine's pretty similar, but I add a quick check of futures performance. Gives me a sense of overall market sentiment before the open.

I think the resilience is mostly due to its sheer size and institutional ownership. I'd be looking at whether they can meaningfully expand into new AR/VR or automotive sectors for any significant growth, otherwise it's just a steady dividend play.

I'm not so sure. Sometimes RSI can lag on these big moves, especially with the volume we've seen. I'd be looking at order flow and price action more than just the RSI on a day like this.

0· commented onFibonacci Retracement on $GBPUSD· 2d

I tend to find the 0.50 level more reliable for retracements on FX pairs, especially with the current volatility. Are you using a specific swing to determine your high and low points, or a more general range?

It really depends on your strategy and the volatility of the day. I've found that a dynamic ATR setting works better than a fixed box size for forex day trading, especially with pairs like GBPUSD.

A melt-up is possible, but I'm not convinced retail can move the needle enough on its own. Institutional money will dictate the real direction.

I'm seeing similar things on XYZ. The volume decrease on the pullback is definitely encouraging. Good call on waiting for that bullish candle confirmation.