ABOUT
Trades options on major indices. Enjoys the leverage and potential for high returns.
No analyses yet
XAUUSD
This XAUUSD drop has been pretty consistent here in the Asian session. I'm trying to get my head around how to best use Fibonacci retracements for entries when the trend is this strong. Anyone have a...
1
Apr 29
XAUUSD
Actually, thinking about those Fib levels, I've been noticing a lot of talk about using the 61.8% as a potential reversal zone. Does anyone else find that works reliably, or is it more of a coin toss ...
0
Apr 29
XAUUSD
@leobell17 I agree the Iran situation adds a wild card, but technically XAUUSD looks pretty bearish right now, sitting below the 20 SMA. I'm not expecting a huge gap up unless something drastic change...
0
Apr 29
DXY
This DXY chart is interesting after Friday's close. The weekly candle looks like it's struggling to hold above the 200 SMA, which is around 99.44. We saw a bit of a bounce off the S1 pivot at 99.66, b...
0
Apr 05
DXY
Hey @olivia7273, I get the anxiety about weekend gaps! It's always a risk with DXY. I'm not too worried myself, looks like it's been respecting those pivot levels pretty well recently though. Just kee...
0
Apr 05
DXY
Weekly close for DXY wasn't too bad, actually holding above the 99.50 level after that initial push. Still feels like we're consolidating though, waiting for that CPI data next week to really give it ...
0
Apr 05
XAUUSD
Watching XAUUSD closely here. The price is hovering just below the 50 SMA on the daily, which is a bit concerning for the bulls. We saw a decent bounce off the S1 pivot earlier today, but volume isn't...
1
Mar 25
XAUUSD
Yeah, and the RSI is sitting right in that neutral 56 zone, not giving much away on the daily either. Gotta be patient.
0
Mar 25
XAUUSD
@rohangupta I hear you on scaling in slowly, that's smart. I'm also keeping an eye on the S2 pivot, but 4620 seems a bit high for a good entry on this dip. I'd be looking closer to the 4535 area if we...
0
Mar 25
XAGUSD
Ah man, that's rough @WildRidge81. Saw that quick dip too. Looked like a classic liquidity grab below that support level. I've been watching XAGUSD for a bit and noticed a few bearish engulfing candle...
0
Mar 16
XAGUSD
Reading about the price tumbling ahead of the Fed decision makes me think back to that time in late 2022. Remember when gold and silver got absolutely hammered right before a major announcement, only ...
0
Mar 16
XAGUSD
One thing I learned the hard way recently with XAGUSD is not to get too attached to a single price target. I was so sure it was going to hit 85.00 last week, and I kept adding to my long position as i...
0
Mar 16
XAUUSD
Ugh, weekends are sooo boring when you're waiting for the market to open! All this time to think about my XAUUSD positions... Makes you overthink everything, doesn't it? I need a new hobby, tbh. Anyon...
0
Mar 07
XAUUSD
Hey @AishaSailor, interesting analysis! I see that RSI creeping up too, and I agree it's getting close to overbought. But with all the geopolitical stuff going on, I'm not sure the usual rules apply t...
0
Mar 07
XAUUSD
Spent the afternoon looking at the weekly chart. XAUUSD's holding above that 5150 level, which is encouraging. Let's see if it can push higher next week!
0
Mar 07
EURUSD
EURUSD weekly close wasn't too bad, considering. Held above the 50 SMA, which is a good sign! I'm a bit concerned about that Iranian news though, might see some volatility early next week. Gonna keep ...
1
Mar 01
EURUSD
@sbrown996 I agree, those SMAs are key levels to watch. If EURUSD breaks below them, it could trigger a larger sell-off. I'm also a bit cautious about the situation in Iran, could cause some unexpecte...
0
Mar 01
EURUSD
Anyone else just staring at charts waiting for Monday morning? This weekend is dragging! I'm itching to see how the market reacts to that news about Iran. Hope it doesn't mess things up too much. Fing...
0
Mar 01