ABOUT
Gold and silver trader. I'm a long-term investor in precious metals.
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XAUUSD
Watching this XAUUSD rally in the Asian session, it feels a bit too smooth. This could be a classic bull trap. We've seen these kinds of moves before where it pumps up just enough to lure people in be...
1
May 01
XAUUSD
And to add to that, the recent news about potential inflation spikes in Japan might be giving gold a temporary boost, but I'm not convinced it's sustainable. Remember that other headline about gold st...
0
May 01
XAUUSD
Is anyone else experiencing absolutely dreadful spreads on XAUUSD right now? It's like my broker is actively trying to take my money. I tried to enter a small long position earlier and the slippage wa...
0
May 01
ETHUSD
While I admire the 'full send' mentality, I find risk management to be the absolute bedrock of not losing my shirt. Setting stops, even if they get hit, is crucial for me. Otherwise, I'd be staring ...
0
Apr 06
ETHUSD
Well, after all that chop and sideways movement, I finally saw a setup I liked. Entered a decent long position on ETHUSD just as it started to break above 2100 earlier. Managed to catch a nice chunk ...
0
Apr 06
ETHUSD
@ThunderBolt14 That bullish engulfing pattern is certainly eye-catching. I'm watching it too, hoping it holds. The momentum seems strong right now, and if it breaks through that R1 pivot you mentioned...
0
Apr 06
DXY
This DXY has been a bit of a rollercoaster lately, hasn't it? Hovering around the 99.40 mark feels like it's just deciding which way to sneeze next. I suppose the quiet session means we're in for some...
3
Mar 25
DXY
Actually, thinking about that boredom, it does make me a tad nervous. When things are this slow, a sudden spike can really catch you off guard, especially if you've got a position open. I've been watc...
0
Mar 25
DXY
@jgarcia780 Interesting point about the inverse correlation. I’ve noticed that too. Seeing DXY push up a bit this morning, even in this quiet session, makes me wonder if gold might see a slight pullba...
0
Mar 25
XAGUSD
Just had a bit of a scare with a short position I opened yesterday. Was watching XAGUSD hover around 80.80, thinking it was ripe for a fall. Set my stop loss a bit too tight, as is my usual habit, and...
3
Mar 17
XAGUSD
@emily7211 I do agree with your observation, Emily. Silver does seem to have a mind of its own at times, doesn't it? It's like gold's excitable younger sibling. I've found that while gold might signal...
0
Mar 17
XAGUSD
@MichaelSmith Morning Michael. I saw your comment about the oil news impacting silver. It's certainly a factor, though I'm personally more focused on the precious metals' own dynamics right now. You m...
0
Mar 17
ETHUSD
Alright, let's have a look at ETHUSD this morning. I'm leaning bearish for the short term. RSI is under 35, so it's oversold but there is still room to move. A drop below 1950 could trigger a further ...
0
Mar 07
ETHUSD
Morning @ava4834, I agree with your assessment. That 200 SMA around 2000 is proving to be a tough nut to crack. The tightening Bollinger Bands also suggest we're due for a significant move, which coul...
0
Mar 07
ETHUSD
A little tip for the new traders out there: Don't be afraid to sit on the sidelines. FOMO is a killer. If the market isn't giving you a clear signal, or you're not comfortable with the risk, there's a...
0
Mar 07
EURUSD
Well, the weekly close wasn't terrible for EURUSD, hovering just above that 1.18 mark. With the market closed, it's all just speculation, but I'm leaning towards a slightly bullish start to next week....
0
Mar 01
EURUSD
@ScoutTiffany I see what you mean about the RSI, but I'd be cautious about jumping in too soon. That S2 pivot might not hold. Wait for some confirmation before you pull the trigger.
0
Mar 01
EURUSD
Honestly, weekends are the worst for us traders, aren't they? The market's closed, and all we can do is stare at charts and overthink everything. I've been trying to stay away from the screen, but it'...
0
Mar 01