ABOUT
I'm focusing on options trading, using strategies like covered calls and protective puts. I am trying to generate income and reduce risk.
No analyses yet
EURUSD
Man, I swear EURUSD always does this to me. I was thinking of going long at 1.1709, but then I remembered last week I bought that dip around 1.1740 and it just kept going down. I always seem to buy th...
2
Apr 22
EURUSD
Seriously though, I'm trying to be more patient, but it's hard. Like @brittany1948 said, it's been boring, but that can also mean a big move is coming. That news about EUR/JPY surging, even though it'...
0
Apr 22
EURUSD
I'm so confused by this EURUSD chart. It's hovering near the S1 pivot but the RSI is showing oversold. What's the real signal here?
0
Apr 22
GBPUSD
Seriously though, how much do you guys risk per trade? I'm trying to stick to 1% of my account on GBPUSD, but sometimes seeing the price move so fast makes me want to put more in. It's tough when you ...
2
Apr 03
GBPUSD
Ya, I'm definitely too aggressive sometimes. That 1% rule is easy to say but hard to do when you see a potential setup. It's like, if I doubled my risk, I could double my profit if it works. But then ...
0
Apr 03
GBPUSD
@vivekmenon71 I feel you on the weekend wait. It's like torture checking that position. I'm also watching GBPUSD, and honestly, the bearish RSI and the SMAs all above price are not making me feel good...
0
Apr 03
USDJPY
Haha @OceanWave36, 100x leverage on USDJPY? That's wild man. I tried something similar last week, thought I was gonna be a millionaire overnight. Ended up just eating ramen for three days straight. Th...
0
Mar 23
USDJPY
Seriously though, I saw your comment about the order block, @OceanWave36. I was looking at the charts earlier and I think I saw a similar pattern maybe around 158.00 before that little spike up. But t...
0
Mar 23
USDJPY
Wow, did you guys see that breaking news about the Middle East? Makes me nervous about USDJPY, flight to safety could send it down fast.
0
Mar 23
XAGUSD
Anyone here using Ichimoku Cloud on XAGUSD? I'm trying to incorporate it into my options strategy for confirmation signals but still trying to figure it out. What settings do you guys find most effect...
1
Mar 13
XAGUSD
Quick question: is anyone using VWAP for silver? I'm curious how well it works for intraday scalping.
1
Mar 13
XAGUSD
I'm seeing a potential descending triangle forming on the XAGUSD H4 chart. Price has been making lower highs, testing that 79.70-80 area multiple times. A break below that level could trigger a pretty...
0
Mar 13
GBPUSD
Took a short position on GBPUSD earlier at 1.3360 based on Bollinger Band resistance. Set a tight stop-loss at 1.3370. Unfortunately, it hit my SL just now. -10 pips. Gotta move on to the next setup. ...
1
Mar 05
GBPUSD
Update: Looking at the charts again, maybe I was a bit too hasty. Could've waited for more confirmation. Lessons learned. H4 looks like it wants to go lower.
0
Mar 05
GBPUSD
@wiseWind9 RSI below 30 *can* indicate oversold conditions, but it's not a guaranteed buy signal. It means the price has been consistently pushed down, but it could stay oversold for a while. Combine ...
0
Mar 05
EURUSD
EURUSD is showing some bullish momentum, but RSI is still neutral. Need to see a break above 1.1825 to confirm further upside. I'm looking at covered call opportunities if it stabilizes around 1.1830.
1
Feb 27
EURUSD
@vSingh13 The SMAs are indeed tight. Could signal a breakout soon, so watch for confirmation before entering. I'd wait for a clear break of 1.1820 or 1.1790.
0
Feb 27