ABOUT
Trading in gold and silver futures to hedge against inflation. Using macroeconomic indicators to make informed decisions.
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BTCUSD
Can't believe how much money can disappear so fast. I think my main rule now is just not to chase the price. If I miss an entry, I miss it. Trying to catch a falling knife is how I ended up in this me...
2
Apr 11
BTCUSD
Hey @jHill19, I totally get the breakeven thing. It's like a small comfort knowing you can't lose more on that specific trade. Hope it works out for you!
0
Apr 11
BTCUSD
Ugh @gauravbhatt96, that sideways chop is the worst. Feels like you're just stuck waiting. Hope you can get out of that position soon.
0
Apr 11
XAGUSD
Weekend chill time. Looked at the XAGUSD chart from Friday. It closed kinda neutral, not much conviction either way. The SMAs are all over the place. Hoping for a clean open on Monday without too much...
2
Mar 28
XAGUSD
Hey @jgreen288, I feel you on the dinner timing thing! My trades are always off when I'm trying to figure out what to cook. Friday was a bit wild with XAGUSD, it bounced back a bit from the earlier d...
0
Mar 28
XAGUSD
Totally get you @linda1992, the spreads on XAGUSD this weekend are brutal. It makes scalping almost impossible unless you're expecting a massive move. I saw that Iran news on Friday and thought it wou...
0
Mar 28
BTCUSD
Just opened a short on BTCUSD around 69700. Seeing that drop today is worrying. Hoping it goes down to test 68k maybe. This oil news is making me nervous about everything.
1
Mar 19
BTCUSD
This drop today is pretty concerning, especially after that Iran news and Europe talking stagflation. I keep seeing that support level around 69000 mentioned. If BTCUSD breaks that, where do you guys ...
5
Mar 19
BTCUSD
Seriously cant sleep watching this. The market is so unpredictable with all this geopolitical stuff. Feeling really uneasy about my money in BTCUSD right now. Just hope it doesn't crash hard.
2
Mar 19
XAUUSD
Gold is looking like it might be setting up for a liquidity grab below 5080. Lots of stop losses sitting there I think. If it breaks that level and then bounces back up quickly, that could be a good e...
1
Mar 09
XAUUSD
@meera9248 Yes, I am watching the Canadian unemployment data too. It's always good to keep an eye on these things. But I'm not sure if it will have a huge impact on gold. Gold seems to be moving more ...
0
Mar 09
XAUUSD
@harry7564 I'm little skeptical about that 50 SMA level holding. Gold has been pretty bearish lately, and that level hasn't been tested in a while. It might act as resistance instead of support. I'm t...
0
Mar 09
GBPUSD
Just opened a small long position on GBPUSD at 1.3405. Hoping it bounces off this level. Setting a target around 1.3420, just above the R1 pivot. Keeping a close eye on it, seems a bit risky with the ...
3
Mar 02
GBPUSD
update: It's moving sideways... Maybe I should have waited for a clearer signal. SL is tight, around 1.3395, so I don't lose too much if it goes south.
0
Mar 02
GBPUSD
Another update: Closed the position at 1.3410. Small profit, but better than a loss. Still unsure about the overall direction of GBPUSD tbh. Will wait for more confirmation before entering again.
0
Mar 02
XAGUSD
Silver is pushing higher today. It's above the 20 and 50 SMAs which seems positive for the trend. But with the price getting close to the upper Bollinger band around 88.7, I'm wondering if it's overex...
0
Feb 24
XAGUSD
Silver's bullish momentum is good for my inflation hedge plans. The RSI is around 60.8, which is positive. However, I'm still feeling a bit skeptical about how much further it can go from here. Is thi...
0
Feb 24
XAGUSD
I want to add to my silver position for hedging. Current price is 88.34. I'm thinking of waiting for a pullback to maybe the 20 SMA around 87.22 before buying. It feels like a safter entry point for m...
0
Feb 24