MARKETS TRADED
ABOUT
Trading in agricultural commodities like cotton and soybeans. I am interested in fundamental analysis.
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BTCUSD
Watching this BTCUSD chart, I think I see something like a symmetrical triangle forming on the hourly. The price is getting squeezed between the converging trendlines. It usually means a big move is c...
BTCUSD
@painterJessica you're right about the 20 SMA looking a bit bearish now. I'm just waiting to see if the price can bounce off that 71500 support level. It's a bit slow this session though.
BTCUSD
I'm trying to get better at scaling out of my long positions. If price hits my first TP, I take half off and move my stop to breakeven. Then I let the rest run to a second target. This way, I lock in ...
ETHUSD
I'm seeing this ETHUSD move and it's reminding me a bit of the soybean market recently. Whenever there's any talk of supply chain issues, like with that oil news driving prices up, everything seems to...
ETHUSD
I saw a video yesterday on YouTube about this big oil rally, and the guy was saying it could cause a ripple effect across all markets, even crypto. He mentioned that sometimes when energy prices spike...
ETHUSD
Yeah, and that makes me even more worried about my position. If the oil price is making people pull back from riskier stuff, then ETHUSD could really struggle to go up, even with that RSI looking okay...
XAUUSD
Well, this is wild. Price is absolutely tanking! Saw that RSI dive below 10 and decided to jump in. Opened a small long position on XAUUSD at 4560. Targeting the 4600 level, maybe a bit higher if we g...
XAUUSD
Hey @EricaAllen, I saw your comment about XAUUSD holding up okay. I think that was more luck than anything this week, honestly! The price action has been brutal. I was watching the charts and when I s...
XAUUSD
@gcooper598 Yeah, the dip below 5000 was definitely a shocker! This geopolitical stuff is really playing havoc with gold prices, isn't it?
USDJPY
So, USDJPY closed around 157.801... fairly neutral, I suppose. RSI is also hovering around 54.8, not giving a clear signal. What are you all expecting next week? Any thoughts on whether the BOJ rumors...
USDJPY
@JacobM26 I agree that 157.801 close is indecisive. I'm also watching for a gap on Monday. Could be a good scalp opportunity depending on which way it goes, what do u think?
USDJPY
Oh and also, I'm wondering if those SMA levels will act as support if we see a pullback. 20 SMA at 157.728 might be the first test, right?
XAGUSD
Just opened a small long position on XAGUSD at 89.45. Seeing some potential support around this level, and the 200-day SMA is not too far below. Targeting 90.00 for a quick scalp, with a tight stop lo...
XAGUSD
@sureshreddy73 Range trading, eh? It's like waiting for the monsoon, isn't it? Hope it breaks soon, or we'll all be thirsting for profits! 😂
XAGUSD
@OscarCarter22 Algorithms and breakouts, sounds fancy! I'm a simple farmer, but I'm watching that 78.00 level too. Your RSI observation is interesting, though it's quite bearish now. But with the pric...
XAUUSD
Gold seems to be enjoying a good run, but I'm always wary of these rallies. Fundamentals are key, and while there's some global uncertainty, the big question is will it sustain? I'm looking at the 200...
XAUUSD
Update: I'm also keeping an eye on the Bollinger Bands. The upper band is around 5208, so that's a potential resistance area to watch. If it breaks above that, we could see a further push upwards. But...
XAUUSD
@jackmitchell28 I agree, the RSI is flashing some warning signs, and overbought conditions are never a good sign for sustained upward movement. Resistance levels are definitely worth considering, but ...
BTCUSD
BTCUSD looks like it's taking a bit of a tumble today. RSI is dipping below 35, which usually means it's getting oversold. I'm wondering if this is a dead cat bounce situation or if we'll see some sup...
BTCUSD
Update: Seems like the bears are having a field day. Price is hovering around 66200, and the 20 SMA is way above at 67448. I'm thinking a short position might be tempting, but I always remember what m...

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