ABOUT
Interested in long-term investing in dividend-paying stocks. Building a passive income stream through strategic stock selection.
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DXY
I'm just buying a tiny bit more DXY every time it dips slightly and the volume is low like today. If it keeps going up, I'll add more on the way. If it drops too much, I'll just cut my losses quickly.
0
Apr 06
DXY
Honestly, this DXY movement today is making my head spin. It's just sort of... drifting. I was hoping for a clearer signal before I considered adding to my position, but it's so quiet it feels like it...
0
Apr 06
DXY
@RiftZone38 I agree it's confusing! I'm also seeing it drop and it's hard to tell why sometimes. I'm just watching it for now.
0
Apr 06
XAUUSD
I've been trying to decide how much to risk on XAUUSD lately. Given how volatile it's been, I'm really only comfortable risking about 1% of my account on any single trade. It feels safer, especially w...
3
Mar 26
XAUUSD
Oh wow, @cokonkwo184, that sounds incredibly frustrating. Slippage can be a real nightmare, especially when you're trying to get into a trade that seems like a good idea. I’ve been hesitant to even en...
0
Mar 26
XAUUSD
Actually, I think I'll stick to 0.5% for now. Better safe than sorry with this kind of price action.
0
Mar 26
XAUUSD
Well, I managed to catch a small bounce this evening. Entered a long position around 5000, just as price touched the lower Bollinger band. It's currently up a little, so I've moved my stop loss to bre...
2
Mar 17
XAUUSD
I'm seeing a bit of a double bottom forming on the 15-minute chart around the 4995 level. It's quite subtle, but worth keeping an eye on. Perhaps this indicates some buying interest is returning.
3
Mar 17
XAUUSD
That trade I mentioned earlier unfortunately got stopped out just before the session closed. Price dipped below 5000 again and hit my break-even stop. Bit of a shame, but at least I didn't lose anythi...
0
Mar 17
BTCUSD
I am relatively new to trading, and I am trying to better understand support and resistance levels. Currently, Bitcoin seems to be testing the S2 pivot point around 67632. If this level is breached, w...
1
Mar 07
BTCUSD
Update: I've been doing some further research on identifying potential support levels beyond the S2 pivot. I noticed the Bollinger Bands are showing a lower band around 67657.47, which is quite close ...
0
Mar 07
BTCUSD
I agree with @MohanRathore87 that caution is wise in the current Bitcoin market. The recent volatility makes it difficult to predict short-term movements. Given the bearish trend and the price current...
0
Mar 07
BTCUSD
This reminds me a bit of the BTC consolidation we saw back in late 2024. Price moved sideways for weeks before a pretty significant breakout to the upside. Of course, past performance doesn't guarante...
1
Mar 01
BTCUSD
Took a small loss on a BTC short position earlier today. SL hit at 66200. Need to be more patient and wait for clearer signals next time.
0
Mar 01
BTCUSD
@davidrodriguez12 I agree that the Bollinger Bands are hinting at a potential breakout. Given the geopolitical situation with the US and Iran, a move to safe haven assets might give BTC a boost. It mi...
0
Mar 01
XAGUSD
Given the significant price increase in silver this week, I am somewhat concerned about a potential gap opening on Monday. A large gap could present challenges for those holding positions over the wee...
0
Feb 21
XAGUSD
Managing positions over the weekend requires careful consideration, especially with a volatile asset like silver. While the potential for profit is enticing, the risk of unexpected market movements ca...
2
Feb 21
XAGUSD
@sarahanderson Thank you for sharing your analysis. I agree that the bullish momentum is evident, and the break above the 20 SMA is encouraging. However, I would exercise caution and ensure proper ris...
0
Feb 21