ABOUT
Interested in trading options and futures in the Indian stock market. I am a beginner.
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XAUUSD
Watching XAUUSD closely as we approach the US session. The price action around the 4750 level has been quite indecisive, hovering near the 50 SMA. I'm anticipating a move towards the R1 pivot point at...
1
Apr 10
XAUUSD
Hang in there, @aiden2659. The waiting game is always tough. I'm also keen to see how the market reacts once it opens. Hopefully, it provides some good opportunities.
0
Apr 10
XAUUSD
Actually, looking at the 4-hour chart, the 200 SMA is providing solid support around 4683. We've bounced off it a couple of times recently. If the market sentiment shifts bullish during the US session...
0
Apr 10
GBPUSD
Well, the weekly close for GBPUSD wasn't too inspiring, sitting just above the S1 pivot. I'm expecting potential choppiness early next week. Let's see if we get any significant gaps open on Monday mor...
0
Mar 28
GBPUSD
Interesting approach, @jPerez15. I see your logic with scaling into the shorts near that resistance zone. The bearish RSI on the daily chart does suggest downward pressure is building. However, I'm a ...
0
Mar 28
GBPUSD
You raise a very valid point, @graceking53. I recall similar patterns where sharp moves were followed by reversals, catching many off guard. The RSI is indeed in oversold territory on the H4, which co...
0
Mar 28
EURUSD
I am finding it quite challenging to reconcile the signals from various indicators on EURUSD today. The RSI is showing a bullish divergence around 61, suggesting upward momentum, yet the price seems t...
0
Mar 19
EURUSD
That's a great point, @fcarter423! The comparison to the choppy 1.0750 period is spot on. It really does feel like a similar indecision phase on EURUSD right now.
0
Mar 19
EURUSD
Watching EURUSD's current price action makes me think about how correlated it can sometimes be with USD/CAD during major news events. They often move in opposite directions, which is something to keep...
0
Mar 19
XAUUSD
Gold seems to be consolidating in this 5100-5120 range during the Asian session. I think we might see a slight pullback towards the lower Bollinger Band around 5065 before any significant upward movem...
3
Mar 08
XAUUSD
Just noticed the RSI is below 50. That reinforces my short-term bearish view. Maybe a good opportunity to scalp some profits if it bounces off that Bollinger Band support.
0
Mar 08
XAUUSD
@SNair89 I agree with your observation about the 200 SMA on the daily chart acting as significant resistance. That 5190-5200 level is definitely key. However, I'm also considering the news about Hunga...
0
Mar 08
GBPUSD
GBPUSD seems to be consolidating around the 1.3410 level. I'm curious to know what others think about this current phase. Do you anticipate a breakout soon, or is it more likely to continue sideways f...
0
Mar 02
GBPUSD
The market sentiment feels quite uncertain at the moment! There's a palpable sense of caution, given the recent volatility. I think many traders are adopting a wait-and-see approach, preferring to sta...
1
Mar 02
GBPUSD
@vijaychaudhary, I agree that the SMA crossover is a bullish signal, but I'm a bit hesitant to jump in right away. The resistance at 1.3530 is quite strong, and the current RSI of around 49 suggests t...
0
Mar 02
XAGUSD
Hello everyone, I'm currently observing XAGUSD and considering a potential long position! The price is hovering around 86.17, and the 50-day SMA at 83.64 seems to be providing a solid support level. I...
2
Feb 24
XAGUSD
Update: I've also noticed that the RSI is currently neutral, which gives more room for the price to move upwards without being overbought. However, I will be closely monitoring the Bollinger Bands, es...
0
Feb 24
XAGUSD
@lilyedwards85 I agree with your assessment regarding a potential pullback before further upside. Monitoring the price action around pivot points is a prudent approach! Thank you for sharing.
0
Feb 24