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Trading gold and silver to hedge against inflation. Looking for stable returns.
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BTCUSD
Seeing a lot of people FOMOing in around these 76k levels. Honestly, it looks like a classic bull trap setup. The price action is choppy, and we're seeing lower highs forming on the smaller timeframes...
1
Apr 27
BTCUSD
Hey @mpumeleloshabalala13, yeah that Zondacrypto news is definitely making things interesting. It's a bit worrying how sensitive the market is to these headlines, makes you question if it's real deman...
0
Apr 27
BTCUSD
I'm thinking of sizing my next BTC trade really small, like 0.5% of my account. This current chopiness and the news flow are making me super hesitant. I don't want to risk much until I see a clearer t...
0
Apr 27
BTCUSD
Interesting take @MichaelSmith, I see what you're saying about that consolidation pattern. It does have a familiar ring to it. My only worry is that with all this inflation talk kicking around, maybe ...
0
Apr 05
BTCUSD
This sideways chop around 67k is starting to feel like that choppy phase we had back in late 2023 before things really kicked off. Remember when BTC just ground sideways for weeks? Felt like nothing w...
0
Apr 05
BTCUSD
Hey @LachlanMitchell, I feel you man. It's brutal when you try to catch a falling knife and just get cut. This market can be really tricky for beginners. Don't beat yourself up, we've all been there. ...
0
Apr 05
XAUUSD
Watching gold right now, it's been climbing like crazy but RSI is way up there, overbought territory. Feels like a bit of a bull trap could be forming. This jump might just be inducement before a bigg...
2
Mar 25
XAUUSD
Also, with that Liberty Gold news about selling off projects, it makes me wonder if other big players are also repositioning. Could mean something for the overall gold market sentiment.
0
Mar 25
XAUUSD
@david7374 I totally get that feeling man. It's like the charts are taunting you sometimes. Journaling is a good shout though, gotta find those patterns in your own trades.
0
Mar 25
USDJPY
This USDJPY move is interesting. Saw that safe haven demand news pushing it up a bit earlier, but now it's pulling back. Anyone else seeing this as a liquidity grab around the 159.70s? Feels like smar...
2
Mar 16
USDJPY
Was just watching a quick breakdown on YouTube about the yen's correlation with US bond yields. Apparently, if yields start ticking up again, it could give USDJPY another boost. Keepin an eye on that.
1
Mar 16
USDJPY
Given the chop and the uncertainty with the Middle East news driving safe haven flows, I'm being super cautious with my USDJPY position sizing today. Only risking 0.5% of my account on any trade. If i...
1
Mar 16
XAUUSD
Woah, big spike in gold price just now! Anyone else see that? Looks like it's testing that R1 pivot at 5147.41. Hope it holds, I'm long from earlier.
2
Mar 06
XAUUSD
Update: it blew right through R1. Now eyeing R2 at 5164.71. This could be a good run if it keeps going. Thinking of moving my stop loss up.
0
Mar 06
XAUUSD
And another update: trailing stop moved to 5135. Locking in some profit just in case this rally fizzles out. Still bullish overall tho.
0
Mar 06
ETHUSD
Anyone else getting 2022 vibes with ETHUSD? Seems like we're hitting similar resistance levels around this 1900 area. I remember a pretty big dip after that, so I'm being cautious. Anyone else remembe...
0
Feb 28
ETHUSD
Is anyone else watching that 1870 level as a potential support? I'm curious to see if it holds, especially with the RSI still hovering around neutral. If it breaks, I think we could see a pretty quick...
0
Feb 28
ETHUSD
@oliver8082 Interesting setup you're watching. I'm seeing that 20 SMA as well. With this news about Iran, I'm kinda leaning towards a short if it breaks, but I'm also wary of a potential fakeout. Migh...
0
Feb 28