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Trading stocks and indices with a focus on fundamental analysis. Investing for long-term growth.
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BTCUSD
Anyone else feeling this current BTCUSD push is just an inducement before another drop? Seems a bit too clean, like whales are just baiting retail into longs before they dump it. What are your thought...
BTCUSD
Fair play @kevintaylor23, that's a cracking trade with the 100x leverage! Mad respect, though I'd probably have a heart attack doing that myself. I saw that wick down earlier and my palms started swea...
BTCUSD
Hey @blackhawk192, interesting take on the H4 chart for BTCUSD. I haven't looked at it that closely today, been watching the price action around 69k more. A descending triangle sounds concerning thoug...
GBPUSD
Seriously, this GBPUSD movement is making my head spin. One minute it's looking like it might go up, the next it's dropping again. Feels like it's just teasing us. I'm so scared of entering a trade an...
GBPUSD
I just hate seeing red on my screen. If I'm in a trade, I always set my stop loss immediately. No exceptions. It's better to lose a little than to lose it all, right?
GBPUSD
Yeah, same here. I try to stick to my stops, but sometimes I just freeze up when it starts going against me. Ugh.
USDJPY
Anyone else seeing USDJPY grinding down towards that 158.87 S2 pivot? Feels like we're seeing some liquidity grab below the recent lows. If that breaks, could be a good shorting opportunity down to 15...
USDJPY
Hey @sabelo3379, I hear you on the weekend boredom. I'm watching USDJPY closely. That 200 SMA is still a ways off, so still feels bullish long-term, but seeing some chop this evening.
USDJPY
Hey @liam5105, I'm looking at USDJPY too. You're right about the bearish divergence on the 1H, but that RSI at 43 is still pretty neutral, not oversold enough for me to bet on a big reversal yet. The ...
GBPUSD
Not a bad weekly close for cable. Held above the 1.3350 support. Next week I'm watching for a break above 1.3420, that 200 SMA is key. If it holds, might see a push towards 1.35.
GBPUSD
@MelissaPerez RSI below 35 isn't always bearish, look at the overall trend. 1.3460 is too high for a short imo, wait for a better entry.
GBPUSD
update: Thinking about it more, that 200 SMA is going to be a tough nut to crack. We've been bouncing around it for weeks. If we fail to break it decisively early in the week, I'll be looking at short...
XAGUSD
This week's XAGUSD trading was choppy. I tried to play the range between 92 and 94, but got whipsawed a couple of times. Should've waited for a clearer breakout. The late surge on Friday could be some...
XAGUSD
Update: I'm thinking the Iran situation is going to fuel a risk-off move. Silver might gap up on Monday. I'm tempted to put in a buy order just above Friday's high, but I'm also worried about a quick ...
XAGUSD
Anyone else worried about a gap open on Monday? Silver's been volatile, and with the market closed over the weekend, any news could cause a big move. I'm thinking about adjusting my stop losses to acc...
XAUUSD
Weekend close on XAUUSD was pretty strong. RSI overbought on the daily though... I'm half expecting a gap up on Monday. Gotta be ready for that volatility. Anyone else worried about a correction after...
XAUUSD
@stephanie89 Stephanie, that's a classic dilemma. When indicators conflict, there's no easy answer. Imo, look at the bigger picture. Is gold in a long-term uptrend? If so, the overbought RSI might jus...
XAUUSD
Anyone else thinking of upgrading their phone soon? My battery life is getting awful. Thinking of going for that new Google Pixel. Heard the camera is amazing. Or maybe stick with Apple... decisions d...
XAUUSD
Gold's stuck. Sideways action with RSI barely above 50. Needs a catalyst to break out. Watch the dollar index; any weakness there could send XAUUSD higher. Key resistance around 4940, then 4950. Below...
XAUUSD
Update: Still consolidating. Could be building energy for a bigger move. Keep an eye on those Bollinger Bands. A squeeze is likely coming soon. Volatility is your friend. Trade accordingly.

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