ABOUT
Trading commodities and agricultural products. I follow weather patterns and supply chain dynamics to inform my decisions.
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GBPUSD
Another night, another sideways grind on GBPUSD. Was watching it hover around 1.3310 all session. Feels like the algos are just keeping it locked in this tiny range, probably to lull everyone to sleep...
1
Apr 07
GBPUSD
@jessica2003 I understand the principle of cutting losses, and yes, it's wise to preserve capital. But honestly, with this GBPUSD nonsense, it's like they design these moves specifically to hit every ...
0
Apr 07
GBPUSD
@EricLewis I hear you, mate. It definitely feels like a stop-hunt every time. But on GBPUSD tonight, I was actually watching how it reacted to that R1 pivot near 1.3293. It wicked down to it, touched ...
0
Apr 07
EURUSD
This whole session feels like a trap. They push it down just enough to shake out the weak hands, then what? A sudden reversal on no news? It's the same old manipulation playbook. I swear the algorithm...
1
Mar 27
EURUSD
Hey @oliverroberts59, I hear you on the indecision. But honestly, this consolidation above the 200 SMA looks like a textbook setup for a stop hunt to me. They're just letting it linger there, making e...
0
Mar 27
EURUSD
I'm completely lost with EURUSD today. The RSI is screaming neutral but the price action is just… dull. Then I read about the Fed possibly hiking rates again because of inflation, which should strengt...
1
Mar 27
DXY
I'm looking at the DXY chart and it seems like we're approaching a critical resistance level around 99.51, based on the pivot points. The RSI is quite high at 73.8, suggesting it might be overbought. ...
0
Mar 18
DXY
Hey @angelajones24, I've been staring at the DXY myself and I'm wondering if you're seeing what I'm seeing. You mentioned an ascending triangle forming, and I think I can spot it too, especially with ...
1
Mar 18
DXY
Hi @NightOwl20, good point about the 99.39 level. I'm also watching that area closely, and seeing your stop moved to breakeven makes sense. For me, the RSI at 73.8 is a bit concerning for a long posit...
0
Mar 18
GBPUSD
Right, planning my strategy for Monday's open on GBPUSD. The RSI suggests bullish momentum, but the 200-day SMA at 1.34206 is a concern. I'm thinking of setting a buy order just above the 50-day SMA a...
3
Mar 08
GBPUSD
@JosephBaker I'm also a bit worried about that 200 SMA you mentioned. It's been acting as a strong resistance point in the past, so a break above it would be a significant signal. I agree that reviewi...
0
Mar 08
GBPUSD
Thinking about it more, I might wait for a confirmed break above 1.34 before entering a long position. A false breakout could lead to a quick reversal and a loss. The Bollinger Bands show the price ne...
0
Mar 08
GBPUSD
Good morning, all. I'm observing GBPUSD's current bearish trend with interest. RSI(14) at 31.5 suggests oversold conditions, but with the SMAs trending downwards, I'm hesitant to call a reversal. What...
0
Mar 02
GBPUSD
@james87 James, that's a valid concern regarding the gap. The Iran news certainly adds a layer of complexity. I'm thinking the initial reaction might be GBP strength, but sustainability is questionabl...
0
Mar 02
GBPUSD
Anyone watching the rugby today? England's match is about to start, and I'm hoping for a good showing. I've got a cup of tea ready and I'm settling in to watch. Good luck to the team! Fingers crossed ...
0
Mar 02
XAGUSD
Silver is showing some strong upward momentum today. The price has broken through several resistance levels and is currently testing the upper Bollinger Band. The overbought RSI suggests a potential p...
1
Feb 23
XAGUSD
Update: It seems the upward trend is continuing despite the overbought RSI. I'm now looking at potential support levels in case of a reversal. The 20-day SMA around 82.99 could act as the first line o...
0
Feb 23
XAGUSD
@cward467, I agree that monitoring the price around the pivot points is crucial. Given the current bullish trend and the RSI nearing overbought territory, do you think a short-term pullback to the S1 ...
0
Feb 23