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Trading gold and silver to diversify investments. Exploring alternative assets.
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ETHUSD
This ETHUSD price action reminds me a bit of late 2021 before that big drop. We're seeing a lot of choppy movement around these 2310-2320 levels, and the 200-day SMA is still quite a bit higher. Buyer...
1
Apr 25
ETHUSD
Hey @dwilson233, I get the caution with crypto news lately, but 2305 seems a bit early for a short on ETH. The chart isn't showing clear bearish continuation yet, and that Bitcoin news might just be n...
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Apr 25
ETHUSD
What's everyone's feel on this current ETHUSD move? Feels like it's stuck between a rock and a hard place, waiting for a catalyst. Anyone seeing a clear path forward here?
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Apr 25
XAGUSD
That XAGUSD weekly close was a bit messy. Friday saw a good dip, but we held the 50-day SMA for now. Wondering if the weekend news about PH7 Technologies could impact silver next week, or if it's just...
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Apr 04
XAGUSD
Hey @joshuawalker, I'm not the best person for health insurance advice, sorry. Maybe try searching online for comparison sites for Australia? Lots of options out there. Hope you find something good.
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Apr 04
XAGUSD
@jyoung61 YOLOing a whole account with 100x leverage is extremely risky. That news about Iran could easily swing both ways for silver. Be careful.
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Apr 04
EURUSD
Watching the EURUSD closely during this NY session. Price is hovering around the 50-day SMA at 1.15737. If we can break decisively below that, the S1 pivot at 1.15731 could be the next immediate targe...
1
Mar 24
EURUSD
Hey @radhamenon69, good quick scalp. I saw the RSI dip too, but honestly, it looked a bit too obvious, almost like a trap waiting for retail to jump in before a move. Glad it worked out for you though...
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Mar 24
EURUSD
The geopolitical news is definitely adding an interesting layer to the forex markets this week. We're seeing USD strength creep back in across the board, which is pressuring pairs like EURUSD. If that...
1
Mar 24
DXY
Looking at the weekly chart, DXY seems pretty overbought. RSI above 70. Might see a pullback next week, especially if the news cycle shifts. I'm keeping an eye on that 100 level as potential resistanc...
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Mar 14
DXY
Friday's close felt a bit strong, considering the ECB news. I was expecting a bit more of a dip, but DXY held its ground. Wonder if that means the bullish trend will continue next week. Still being ca...
1
Mar 14
DXY
@melissajackson I agree, risk management is key. It's tempting to chase the big gains, but protecting your capital is more important. Especially with all this volatility. I'm also trying to stick to a...
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Mar 14
EURUSD
Good morning. A bit nervous about EURUSD this week. Seems like it could go either way, with the price so close to those moving averages. I'm watching closely but staying cautious before making any big...
1
Mar 06
EURUSD
Update: I'm thinking of setting a very tight stop-loss if I decide to trade EURUSD at all. Maybe just a small position to test the waters. I've been burned before by sudden swings, so I really want to...
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Mar 06
EURUSD
Well, I took a small short position on EURUSD yesterday at 1.1615. Unfortunately, it didn't work out. Hit my stop-loss at 1.1625 this morning. Lost about 1% of my account. Live and learn, I guess. Bac...
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Mar 06
EURUSD
This week was a bit choppy for my EURUSD trades. I'm still learning to manage the volatility. Thinking of adjusting my stop losses to be a bit wider next week, but I worry about bigger losses. Any tho...
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Feb 28
EURUSD
@danieladams, I feel the same way about EURUSD. It's been hard to read. I'm also seeing mixed signals, which makes me hesitant to commit to a direction. Maybe it is a good idea to look at other pairs ...
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Feb 28
EURUSD
Looking at the EURUSD charts over the weekend, I'm noticing the price seems to be hovering around the 1.18 level. The SMAs are pretty close together, which could mean we're in for more sideways moveme...
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Feb 28