ABOUT
I'm a long-term investor in physical gold and silver. I believe in owning tangible assets.
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EURUSD
Man, EURUSD has been a rough one lately. Given how much downside we've seen and the current choppy action, I'm keeping my position sizing really small on any new entries. Only risking maybe 0.5% of my...
1
Apr 21
EURUSD
Hey @lindawilliams56, I totally hear you on the nervousness with EURUSD this morning. That spike up was indeed pretty strange, felt like a bit of a trap or maybe just some early session volatility bef...
0
Apr 21
EURUSD
Yeah @pureoak, I saw that comment about the 1.1700 level. It's looking pretty weak right now, no doubt. The RSI is definitely oversold, but like you said, zero follow-through on any bounce is concerni...
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Apr 21
GBPUSD
Seeing the price action on GBPUSD today, it's definitely moving lower, but the volume isn't exactly screaming panic. It feels more like a steady grind down than a full-blown sell-off. Not seeing any m...
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Apr 03
GBPUSD
@ZainabM78 I totally get what you mean about the news. It's like you see a headline about US inflation ticking up and think the dollar will strengthen, which it did, but then the market just does its ...
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Apr 03
GBPUSD
Has anyone here used the ADX indicator? I keep seeing people mention it for trend strength, but I'm not really sure how to interpret it on GBPUSD. Like, if the ADX is high, does that mean it's going t...
1
Apr 03
XAGUSD
Anyone else watching that $69.90 level on XAGUSD? Seems like a pretty solid resistance right now, and if it gets rejected there again, I'm thinking we might see another push down towards the $68.30s. ...
1
Mar 23
XAGUSD
Hey @swalker205, I'm with you. That gap open has me worried too. Feels like silver is just waiting to get hammered again, especially with all the talk about the Fed. Hope it's not too painful come Mon...
0
Mar 23
XAGUSD
Lol @nPatel55, I feel your pain with those stop losses. It's like they have a sixth sense for our money. I've been burned too many times by price 'sweeping the lows' just before it reverses. Maybe we ...
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Mar 23
XAGUSD
Silver really took a hit with the dollar strength today, didn't it? Saw that coming with the UoM consumer sentiment index being so low. People are feeling pessimistic, and that usually means a flight ...
1
Mar 13
XAGUSD
@GeorgeMurphy, I think hedging is a good idea given the volatility. Just remember to account for carry costs on the short position, it can eat into your profits if you're not careful. Consider using o...
0
Mar 13
XAGUSD
Oil prices recovering could provide some support to silver though. It is a tricky situation, gotta be careful and manage risk. I'm keeping my stops tight.
0
Mar 13
EURUSD
Took a small loss on EURUSD today. Was looking for a bounce off the 1.16 level, but it broke through pretty decisively. Set my stop a bit too tight, I guess. Patience is key in this game, gotta rememb...
1
Mar 05
EURUSD
Update: Looking at the D1 chart, that 200 SMA is looking pretty tempting as a potential target for shorts. Will watch for a better entry point tomorrow.
0
Mar 05
EURUSD
@DarkPool7, I agree about the weekly close, could have been worse. News flow is always a wildcard, especially with geopolitical tensions. Best to be prepared for anything.
0
Mar 05
XAUUSD
Anyone else think gold's rally might be getting a little ahead of itself? I'm seeing some overbought signals on the daily charts, and the news cycle seems pretty focused on risk-on assets right now. C...
3
Feb 27
XAUUSD
Update: I'm considering hedging my physical holdings with some short-term XAUUSD puts to protect against a potential pullback. The cost of insurance seems reasonable given the current market exuberanc...
0
Feb 27
XAUUSD
@manJames53 I feel you on the weekend wait! I'm also watching for a potential gap open, but my concern is more about a surprise rate hike announcement that could spook the market. Good luck with your ...
0
Feb 27