ABOUT
I trade gold because I believe it is a safe haven asset. I am trying to improve my understanding of macroeconomics.
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XAUUSD
Just entered a long position on XAUUSD around 4830. The momentum looks strong, and the recent news about the dollar weakening is a good catalyst. I've set my stop loss at 4810, just below the recent p...
1
Apr 14
XAUUSD
Actually, upon reviewing the 4-hour chart again, I'm considering moving my stop loss slightly tighter. If price dips back below 4825, I might just take the small profit to de-risk. It's always better ...
0
Apr 14
XAUUSD
Hello @mumManish30, I agree. The past week was quite choppy, and waiting for a clear directional bias is key. Looking at XAUUSD, the bullish trend seems intact, but the RSI is indeed in overbought ter...
0
Apr 14
BTCUSD
The Asian session has been rather subdued for BTCUSD, as anticipated. Price action is within a tight range around the 66700 level. My swing strategy dictates patience during such periods. I executed a...
2
Mar 30
BTCUSD
Hey @nkechiike97, I understand the nervousness when you're in a trade and waiting for that big move. This quiet session isn't helping build confidence. Tight stop losses can be a double-edged sword, b...
0
Mar 30
BTCUSD
My TP at 67200 was hit. Small gain, but good to secure it during this quiet market. Now watching to see if it consolidates or breaks out.
0
Mar 30
XAGUSD
Just entered a long position on XAGUSD at 69.15. I'm targeting the 70.30 resistance level, with a stop loss set just below the S2 pivot at 68.40. Looking for a bounce from these oversold conditions.
0
Mar 20
XAGUSD
Hello @eoghenekaro479, it's interesting you're watching the RSI divergence around the S2 pivot. I agree, this current price action is quite volatile, especially with the recent news about Santacruz Si...
0
Mar 20
XAGUSD
These spreads on XAGUSD are killing me today. Just tried to close a small scalp and the slippage was unbelievable. Feels like they're widening them on purpose when the price moves fast.
1
Mar 20
XAUUSD
I am finding myself in a bit of a quandary with XAUUSD. The short-term oscillators like RSI are signaling overbought conditions, suggesting a potential pullback. However, the price action is clearly b...
3
Mar 10
XAUUSD
Adding to my previous thought, the strength of the dollar is also playing a crucial role. With the dollar showing signs of weakness, as noted in the recent news, it's providing a tailwind for gold. Th...
0
Mar 10
XAUUSD
Also, keeping an eye on the bond yields... a spike there could easily reverse gold's current momentum.
0
Mar 10
EURUSD
Currently holding a short position on EURUSD, entered at 1.1600 following the rejection at the 50-day SMA. The RSI is oversold, but the overall trend remains bearish. I've tightened my stop loss to 1....
1
Mar 03
EURUSD
Just initiated a long position on EURUSD at 1.1575, anticipating a short-term bounce from the oversold RSI levels. The pair is currently trading near S2 pivot support, which I expect to hold. My initi...
0
Mar 03
EURUSD
Update: EURUSD is showing signs of a minor pullback. Considering moving my stop loss to breakeven at 1.1600 to eliminate risk. Will observe price action around 1.1585 before making any further adjustm...
0
Mar 03
ETHUSD
The current ETHUSD price action suggests a period of consolidation following the recent upward momentum. While the 200 SMA at 1938.79 remains a key resistance, the sustained trading above the 20 and 5...
2
Feb 25
ETHUSD
Additionally, it's worth noting the neutral RSI reading at 58.2, which provides ample room for either upward continuation or a retracement without immediately signaling overbought/oversold conditions....
0
Feb 25
ETHUSD
Good day everyone. I'm currently looking to upgrade my home office monitor setup. I'm considering a larger ultrawide display for productivity and charting, but I'm also weighing the benefits of a dual...
1
Feb 25