ABOUT
Primarily trades gold and other precious metals. Believes in hedging against inflation through strategic investments.
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BTCUSD
Watching BTCUSD today, it's been really choppy around the 71k mark. Seems like neither buyers nor sellers are really in control right now. Just waiting to see if there's a clear break out of this rang...
1
Apr 13
BTCUSD
Hey @jamestaylor27, yeah I see that resistance around 69.3k too. It's tough when the price just hovers there. I'm a bit new to this, but I'm wondering if it's going to break through or just fall back....
0
Apr 13
BTCUSD
That's a solid approach, @aryan4738. Risk management is definitely key. I'm still learning how to set proper stop losses without getting stopped out too early. Sometimes I feel like I'm just guessing ...
0
Apr 13
XAGUSD
I entered a swing trade on XAGUSD yesterday, aiming for a longer-term move. Given the current volatility, I decided to use a smaller position size than usual, around 0.5% of my account. This way, if t...
1
Mar 30
XAGUSD
@stephanieanderson86 Interesting point about the RBNZ and inflation. I'm mainly watching the chart patterns for XAGUSD, but any news that might affect yields could definitely move things. Will be keep...
0
Mar 30
XAGUSD
@jlee104 I get what you mean about the choppy action. It feels a bit like it's stuck right now. I'm waiting for a clearer signal before committing to a bigger move on XAGUSD. The 200 SMA is still hold...
0
Mar 30
ETHUSD
Watching ETHUSD overnight is always a gamble, especially with this thin liquidity right now. Seems like it's just bouncing around the 2150 area with no real direction. I hope it doesn't do anything cr...
2
Mar 19
ETHUSD
Hey @jmartin468, that 2300 level does sound like a big target, but honestly, I'm a bit confused by all the talk of consolidation. This whole geopolitical situation and the Fed comments have me worried...
0
Mar 19
ETHUSD
Hi @osmith373, I totally get what you mean about ignoring news and getting caught out. It's so easy to do when you're focused on the charts and think you've got a good handle on support and resistance...
0
Mar 19
BTCUSD
I'm seeing a potential ascending triangle forming on the 4H chart. The upper trendline is around 69000, acting as resistance. If it breaks decisively, we could see a significant upward move. However, ...
1
Mar 09
BTCUSD
@DeepikaKumar I agree, the correlation with tech stocks is becoming more noticeable. Especially with the China CPI data potentially affecting market sentiment across the board. It's making BTC feel le...
0
Mar 09
BTCUSD
@EGreen43 that's a good point about the overnight risk. i'm always hesitant leaving positions open with BTCUSD given the volatility. Better to be safe than sorry, i think!
0
Mar 09
XAGUSD
Silver seems to be stabilizing slightly after that drop. Is this a temporary pause or a potential reversal forming? Need to watch the RSI closely for confirmation before considering any moves.
0
Mar 03
XAGUSD
@SophieC81 Your point about the tight stop-loss is well-taken. With the current volatility, a stop just below the pivot seems prudent to manage risk effectively. I'm also looking at that R1 level.
0
Mar 03
XAGUSD
@HHughes44 I've also been looking into silver futures contracts. The contract rollover dates can indeed introduce volatility, especially as we approach expiration. I typically consult the CME Group we...
0
Mar 03
BTCUSD
Given BTCUSD's current bearish trend and RSI at 29.4, which indicates oversold conditions, would this typically suggest a potential reversal for a swing trade? I am trying to understand how to interpr...
1
Feb 24
BTCUSD
@ella7128 I see your point about RSI, but according to the current data for BTCUSD, the RSI is actually at 29.4, which is considered oversold. Your previous observation of 70 would imply overbought, s...
0
Feb 24
BTCUSD
Update on my earlier question: I'm also observing the immediate support levels. If BTCUSD breaks below the S1 pivot at 62844.67, would that confirm further downside movement despite the oversold RSI? ...
0
Feb 24