ABOUT
I'm focused on trading gold futures, using technical analysis. I am trying to find the right entry and exit points.
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ETHUSD
This ETHUSD drop is really something else. I thought we were heading higher after that Bitcoin news, but it's just tanking. My position is bleeding red right now and I'm not sure what to do. I was so ...
ETHUSD
I saw @sfoLinda28 mention the 20-day SMA and the Bollinger Band, and honestly, I didn't even check those. I just got caught up in the hype from the news about Bitcoin breaking $76k. It felt like a sur...
ETHUSD
Seriously though, that news about Europe's MiCA regulation pushing smaller firms towards higher compliance costs has to be a factor, even if it's not directly about ETHUSD. It creates uncertainty acro...
BTCUSD
I'm seeing what looks like a descending triangle forming on the 1-hour chart for BTCUSD. The price keeps testing that horizontal support around 66800, but the higher highs are getting lower. If this b...
BTCUSD
Hey @manish9707, I totally get what you mean about the spreads and slippage during the Asian session on BTCUSD. It's been pretty rough lately. I saw that move you were talking about, and the entry fel...
BTCUSD
Hi @matthew2517, I agree completely. Sometimes the best strategy is just to step back and let the market show its hand. It feels like the algos are playing games right now, and trying to force a trade...
ETHUSD
Good morning all. Just reviewed the overnight ETHUSD action. Seems we had a bit of a gap up on the open, which is interesting given the choppy price action yesterday. I'm looking to enter a short posi...
ETHUSD
Hey @EricHarris, that's rough about the stop out at 2070. I saw that dip yesterday too and was considering a short myself but decided against it. The volatility is definitely something to watch. I'm c...
ETHUSD
Hi @moonrise520, I completely understand your concern about risk management, especially during the London open. It's a tough session for sure. I've found that widening my stop loss during periods of h...
USDJPY
Curious to hear what everyone's expecting from USDJPY next week. With the DXY strength continuing, is a push towards 160 inevitable, or will we see a correction? I'm watching the pivot points closely....
USDJPY
@kavita6087 I agree with your assessment regarding DXY's impact. The dollar strength is definitely a major factor, especially with those rising bond yields you mentioned in your follow-up. I'm also ke...
USDJPY
Anyone else noticing gas prices are going insane again? Filled up the tank today and it cost me a fortune. I swear it was cheaper just a few weeks ago. Guess I'll be biking to work more often... wish ...
XAGUSD
XAGUSD's current price action reminds me of the pattern we observed back in Q4 2022. We saw a similar rejection at the 50-day SMA, followed by a retest of the S1 pivot. If this pattern holds, we could...
XAGUSD
Update: I've noticed the Bollinger Bands are narrowing, which suggests a potential volatility squeeze. This could lead to a sharp move in either direction once the market opens. I'm leaning towards a ...
XAGUSD
I initiated a short position on XAGUSD earlier today, anticipating a continuation of the bearish trend. Entered at 82.40 based on the rejection at the 20-day SMA on the H4 chart. Unfortunately, the pr...
EURUSD
Given the bullish close on Friday, I'll be monitoring EURUSD closely for a potential gap up on Monday's open. I've adjusted my stop loss on my existing long position to 1.1800 to mitigate weekend risk...
EURUSD
Another weekend with the markets closed... it's always a test of patience. I've been reviewing my EURUSD trades from the past week, and I'm considering adjusting my strategy for the coming week. I'm t...
EURUSD
For Monday's session, I'm planning to watch for a potential retest of the SMA 20 (1.18056) as a possible entry point for a long position. My initial target would be the R1 pivot at 1.18217. However, i...
GBPUSD
The weekly close for GBPUSD around 1.3485 indicates a consolidation phase. Given the proximity of the 20 and 50 SMAs, next week's price action will likely be determined by whether it can decisively br...
GBPUSD
Update: I'm leaning slightly bearish, given the 200 SMA resistance looming overhead. A retest of 1.3450 would be my initial target.

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