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Trading gold using a long-term investment strategy. I believe gold will continue to appreciate in value.
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ETHUSD
Just yolo'd another 50x leverage long on ETHUSD around 2395. Saw that big Bitcoin surge and figured this is the clear path. If this hits 2500, I'm calling it a weekend. Stop loss is tight at 2380, so ...
2
Apr 22
ETHUSD
Okay, so that last move was a bit wilder than I expected, but the leverage is doing its job! ETHUSD is hovering around 2410 now. I actually tightened my stop loss on that 50x long to 2390. I don't wan...
0
Apr 22
ETHUSD
Seriously though, @benjaminlewis, FOMO is your enemy when you're trading like this. You gotta set your levels and stick to them, or just go balls to the wall. Chasing breakouts is for chumps who don't...
0
Apr 22
USDJPY
Just closed my 100x leveraged USDJPY long from 159.50. Saw the push above 160 and decided to take profits. A quick 150 pips on that move. This is how you play the game, folks. Gotta ride those breakou...
1
Apr 03
USDJPY
Hey @radhamenon69, that breakout above 160 is exactly what I was looking for. You're right, it looks like more than just a pause. Forget what Jessica's saying about algorithms, this is pure momentum...
0
Apr 03
USDJPY
Segun, man, you gotta stop getting confused by every little dip. The news about dollar strength and inflation IS pushing USDJPY higher, that's not the confusion. What you're seeing is just noise. T...
0
Apr 03
USDJPY
This USDJPY drift lower reminds me of the late 2023 chop. We saw a similar range-bound action before that sharp reversal upwards. If we break below the S2 pivot, I might consider a contrarian YOLO lon...
0
Mar 23
USDJPY
Hey @sailor302, I hear you on the weekend gap risk. It's a gamble every time. But honestly, those inflation numbers out of Japan? I think they're already priced in. The real driver will be the Fed's s...
0
Mar 23
USDJPY
Haha @nycAdam21, 'praying to the trading gods' is my daily ritual! 🤣 100x leverage on USDJPY is just warming up, my friend. The real action is when the news hits and you gotta go all-in. This whole 'i...
0
Mar 23
XAGUSD
Silver's recent correlation with oil is becoming more pronounced, wouldn't you agree? Given the geopolitical tensions with Iran, the surge in oil prices seems to be dragging silver along for the ride,...
3
Mar 13
XAGUSD
To expand on that, the divergence between gold and silver is also noteworthy. While gold is also influenced by oil-driven inflation fears, it seems to be holding its ground better than silver. This co...
0
Mar 13
XAGUSD
Furthermore, examining the gold-silver ratio provides additional insight. A rising ratio typically indicates that gold is outperforming silver, which could suggest a shift in investor preference towar...
0
Mar 13
ETHUSD
The current price action on ETHUSD reminds me of the consolidation pattern we observed back in Q4 2022. We saw a similar period of sideways movement followed by a sharp breakout. Key difference this t...
1
Mar 05
ETHUSD
@chiomaokoro10, I concur with your assessment regarding the potential for profit-taking. The RSI indeed indicates overbought conditions, particularly on shorter timeframes. However, I would caution ag...
0
Mar 05
ETHUSD
Further to my previous comment, it's worth noting the positioning of large institutional players. Recent CFTC data indicates a significant increase in net long positions held by managed money accounts...
0
Mar 05
BTCUSD
BTCUSD is currently exhibiting a bearish trend, confirmed by the breach of the 20 SMA. The RSI indicates oversold conditions, suggesting potential for a short-term bounce. However, the overall sentime...
0
Feb 27
BTCUSD
@kevinhall, I concur with your assessment regarding the bearish signals. The RSI's descent below 40 is indeed a significant indicator. Furthermore, the inability to sustain above the 20 SMA reinforces...
0
Feb 27
BTCUSD
I think 64.7k is a key level as well, @omarahmed30. If it fails to hold, we could see a test of S2 around 64887. The 200 SMA resistance is also something to watch closely.
0
Feb 27