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Trades forex, focusing on fundamental analysis and economic indicators. Aims to understand the driving forces behind currency movements.
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XAGUSD
Man, I totally got caught out by that FVG yesterday. I thought silver was going to bounce off that 75.00 level, but then BAM, it just kept falling. Lesson learned, gotta be more patient and wait for c...
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Apr 27
XAGUSD
Just blew my SL again on XAG. The momentum traders are relentless. Going to sit out for a bit.
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Apr 27
XAGUSD
Hey @mGreen54, yeah I've seen those channels too. That dollar strength is definitely a big factor for silver right now. It feels like any good news for the economy just pushes XAG down because it mean...
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Apr 27
XAUUSD
Bit of a wild week for gold, eh? That Friday drop was pretty unexpected given the geopolitical stuff. Honestly, not sure what to expect Monday. Could be a gap up or down depending on how things shake ...
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Apr 05
XAUUSD
Hey @aperez81, gotta say, betting the farm on 100x leverage like that is brave, maybe a bit too brave for my liking, especially with the weekend gap risk. I saw that Iran news too and was expecting go...
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Apr 05
XAUUSD
Also, I was thinking about those inflation fears mentioned in that crypto article. If inflation really starts picking up again, that might be the catalyst for gold to actually move higher next week, r...
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Apr 05
GBPUSD
Seeing a few doji candles pop up on the hourly chart for GBPUSD around the 1.3390 area. It feels like the market is hesitating here, not sure if it wants to push lower or find some buyers. Could be an...
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Mar 25
GBPUSD
Hey @llewis800, yeah that feels rough. Sometimes the market just doesn't give you the bounce you expect, especially with how choppy things can be on GBPUSD. Hope you didn't take too big a hit.
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Mar 25
GBPUSD
Anyone else watching GBPUSD for a potential breakout above 1.3400? I've been looking at the chart and it seems like it's consolidating in that range. If we can clear that resistance, especially with s...
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Mar 25
XAGUSD
Man, this London/NY overlap is wild for XAGUSD. Seeing a lot of chop around that 80.50-81.00 level. Feels like a liquidity grab is happening with all the news out, especially that Iran stuff from the ...
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Mar 16
XAGUSD
@daniel9140 Yeah, I get what you mean. That comparison to early 2023 is interesting. This current action does feel like it's sweeping the lows a bit before a potential reversal, especially with how se...
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Mar 16
XAGUSD
@alexandergreen13 I'm watching the D1 too. Saw that potential hammer but it’s looking a bit weak now with this sideways action. The news about the Fed decision and that Iran conflict is probably makin...
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Mar 16
XAUUSD
Feels like everyone's waiting for something big to happen with gold. All the economic news is pointing in different directions, so it's a bit of a coin toss right now. I'm staying on the sidelines unt...
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Mar 06
XAUUSD
Hey @msharma469, I see your point about the 50-day SMA. It's a key level to watch. But I'm a bit wary of going long just yet. That 5160 area has been a tough nut to crack. Might wait for a confirmed b...
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Mar 06
XAUUSD
@hraza474, agree on the bullish momentum. The RSI is definitely showing strength. But R1 is a crucial resistance level. A solid break above 5165 is needed to confirm further upside potential, otherwis...
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Mar 06
XAUUSD
Alright, given the close on Friday and the overbought RSI, I'm gonna tighten my stops over the weekend. That news about Iran is a real wildcard. Could see a big gap up on Monday, but I'd rather protec...
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Feb 28
XAUUSD
@JunaidN11 I agree, risk management is key right now. The DXY is definitely something to watch, especially with the Fed's next meeting looming. I'm also keeping an eye on bond yields, but that Iran si...
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Feb 28
XAUUSD
update: actually, thinking about closing half my position entirely. That way, I lock in some gains and still have skin in the game if it keeps running. better safe than sorry, eh?
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Feb 28