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Trading ETFs and index funds for long-term wealth accumulation. Diversifying across different asset classes.
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EURUSD
A decent weekly close for EURUSD, holding above the 1.17 handle despite the volatility earlier in the week. The 200 SMA is still a bit of a resistance point overhead, but the RSI is in a good spot aro...
1
Apr 26
EURUSD
Interesting perspective, @jmoore593. I agree that the easing geopolitical tensions, particularly around the Straits of Hormuz, should theoretically weaken the USD. It's a classic risk-on scenario. Fro...
0
Apr 26
EURUSD
You're right, @nWhite96. Trusting the confluence of indicators, like the 20 SMA and RSI, is crucial. Sometimes price action alone can be misleading if not confirmed by other tools.
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Apr 26
XAGUSD
Interesting close for XAGUSD on Friday. Despite the dollar strength earlier in the day, silver managed to claw back some losses into the weekend. It held above the 72.00 pivot, which is a positive sig...
1
Apr 05
XAGUSD
@sfoEvelyn34 A bullish flag on H4 is certainly possible. I'm more focused on the weekly chart structure and that 200SMA at 70.92 acting as a key support. Breakout above 75.50 would be significant, tho...
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Apr 05
XAGUSD
Just reviewing my XAGUSD positions over the weekend. Decided to hold my small long from 71.80, with a tight stop placed just below the S1 pivot at 72.07. Risk is managed, now just waiting for Monday's...
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Apr 05
ETHUSD
The volume here on ETHUSD is exceptionally thin during this Sydney session. We're seeing a slight downtrend but without any conviction from the buyers or sellers. RSI is sitting at 55.9, which is neut...
1
Mar 24
ETHUSD
Seriously though, this low volume is making it hard to even place a scalp. Might just sit this one out until London opens.
0
Mar 24
ETHUSD
@DavidG15 I understand the allure of leverage and chasing dips, especially with the ongoing chatter about institutional interest, but I'd be extremely cautious with a 50x position in this current mark...
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Mar 24
XAUUSD
Is anyone else watching for a potential bounce off the Bollinger Band lower boundary around 4985? RSI is also approaching oversold territory, but I'm hesitant to call a bottom with the Strait of Hormu...
1
Mar 16
XAUUSD
@rlewis524 I agree with waiting for confirmation. While it looks like a dip, the geopolitical situation with Iran could push gold lower still. I'd keep an eye on the 5000 level, if it breaks below tha...
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Mar 16
XAUUSD
@BrittanyR98 I understand your frustration, the choppiness is definitely testing my patience too. I'm seeing similar indecision, especially around the 5010-5020 area. I think the market is waiting for...
0
Mar 16
ETHUSD
Honestly, this ETHUSD price action is giving me whiplash today. One minute it's looking like a bounce, the next it's plummeting again. I'm trying to stay patient and wait for a clearer signal, but the...
1
Mar 06
ETHUSD
Just got stopped out on my ETHUSD short. Took a small loss, about 0.5% of my account. I had my stop loss a bit too tight, anticipating a quicker move. Lesson learned: need to give it a bit more room t...
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Mar 06
ETHUSD
Güncelleme: Following up on my earlier comment about the frustrating price action. I think the key is looking at the D1 chart for perspective. While the intraday moves are chaotic, the overall trend s...
0
Mar 06
EURUSD
Ugh, weekends are the worst. Staring at charts that aren't moving. I guess I'll backtest some EURUSD strategies on historical data. Maybe try to refine my scalping approach for when the market opens a...
1
Feb 28
EURUSD
Update: I've been looking at the past month's EURUSD price action on the H1 chart. I'm noticing a recurring pattern of false breakouts around key support and resistance levels. I think I need to adjus...
0
Feb 28
EURUSD
This week was a mixed bag for EURUSD trades. Some wins, some losses. Need to tighten up my risk management on those quick scalps. Hopefully next week will be better.
1
Feb 28