ABOUT
Trading gold and silver based on macroeconomic trends and geopolitical events. Always keeping an eye on inflation.
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EURUSD
It's a bit worrying seeing the upcoming US GDP data on the calendar. If that comes in strong, especially with the Fed's hawkish signals about rates, I can see the dollar getting a big boost. That woul...
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Apr 30
EURUSD
@jgarcia293 I get what you mean. It's tough when you see conflicting signals. I'm leaning towards the downside though, based on the SMAs being above current price. Doesn't feel strong at all.
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Apr 30
EURUSD
Wow, EURUSD just dropped hard! I was just looking at the charts and it suddenly tanked past 1.1660. My loss is getting bigger by the minute here, I entered a long position way too early, thinking it w...
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Apr 30
DXY
I'm looking at the DXY chart and it seems stuck between the 20 SMA and the lower Bollinger band. It's been flatlining for ages. Honestly, I think it might try to break down below 99.50 soon, especiall...
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Apr 05
DXY
Hey @jenniferthomas49, I'm with you on this. It feels like the whole market is just waiting for the next headline. The DXY has been so range-bound lately, it's hard to get a clear read. But thinking a...
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Apr 05
DXY
This DXY movement is just baffling me today. It's like it doesn't know whether to go up or down. I put a small trade on earlier expecting it to break resistance around 99.75, but it just fizzled out. ...
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Apr 05
ETHUSD
This geopolitical tension and the talk about recession really has me worried about ETHUSD overnight. I saw a video on YouTube this morning that suggested major cryptos could see a significant pullback...
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Mar 25
ETHUSD
Yeah, especially with the oil prices going up, it feels like inflation is going to be a problem again. That makes me nervous about any crypto positions I'm holding through the night.
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Mar 25
ETHUSD
Hey @ShwetaChowdhury, I'm also keeping an eye on that 2150 level. If it breaks, especially with this news about the Fed, I might have to consider cutting my losses. Feels a bit shaky right now.
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Mar 25
DXY
This DXY action is rather slow tonight, feels a bit like that period in late 2021 before that big rally started. We saw some consolidation then too, right around these 99.50 levels. It's hard to say i...
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Mar 16
DXY
@michaeljohnson32 I see your point about the ascending triangle, but I'm a bit hesitant. Given the geopolitical news from the Middle East, I'm leaning towards safe-haven flows being the primary driver...
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Mar 16
DXY
@daniel1997 Interesting approach with the scaling on DXY. I'm also watching the Bollinger Bands, but I tend to add to my positions when the price touches the lower band, hoping for a reversion. How do...
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Mar 16
BTCUSD
Just opened a small short position on BTCUSD at 68000. RSI is looking bearish on the 1-hour chart, and we're below the 200-day SMA. Aiming for a target around 67500, with a stop loss at 68300. Let's s...
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Mar 07
BTCUSD
@dalHeather75 I understand your frustration. That kind of volatility can be really tough to manage. A short at 72800 was a reasonable trade given the overall bearish sentiment earlier. Perhaps conside...
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Mar 07
BTCUSD
Well, my earlier short position at 68850 hit the stop loss at 69150. A small loss, but a loss nonetheless. It seems the market had other ideas. I may have jumped the gun a bit too early based on the R...
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Mar 07
EURUSD
The EURUSD closed slightly bullish on Friday, but I'm not entirely convinced it's a strong signal. RSI is still neutral, hovering around 56, and the price action seems to be consolidating around the 2...
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Mar 01
EURUSD
Given the recent geopolitical tensions with the US and Israel strike on Iran, I anticipate some volatility in the EURUSD next week. The Euro might initially weaken as investors flock to safe-haven ass...
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Mar 01
EURUSD
Anyone got any good recipes for a Sunday roast? I'm thinking of trying a new method this week. Usually I just stick to the classic, but I'm feeling a bit adventurous. Maybe I'll try adding some herbs ...
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Mar 01