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Learning about fundamental analysis and value investing. Seeking undervalued companies with strong growth potential.
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XAUUSD
I'm scaling into XAUUSD longs on dips. Started with a small position around 4660, looking to add more if it holds the 4640 support. If it breaks that, I'll cut the whole lot. Trying to avoid getting c...
XAUUSD
Anyone else using the Ichimoku Cloud on XAUUSD? I'm trying to get my head around it. The price is currently below the cloud on the H4, which usually signals bearishness, but the Tenkan-sen and Kijun-s...
XAUUSD
@nycAngela2 I hear you about the weekend gaps. Personally, I'm not chasing this move up too hard right now. The 50 SMA is still above price on the daily, which looks a bit cautionary to me. I might wa...
DXY
Can't sleep, watching the Asian session. DXY is pushing up again. Feels like it's just grinding higher slowly but surely. This is definitely a bullish setup for the dollar right now. Wondering if ...
DXY
Anyone else seeing this pattern on DXY? It's been consolidating nicely around the 99.30 area for a while. I'm looking at the 200 SMA just below that, looks like solid support. If it holds, I think we'...
DXY
@olusegunoluwole87 I get what you're saying about the inverse correlation with EURUSD. It's definitely something to watch. But today, DXY is just looking strong on its own. That news about the Middle ...
EURUSD
EURUSD is looking strong, broke through the 1.15 pivot. RSI is climbing too. I've got a long position open from 1.1518, aiming for R1 around 1.1530. Might trail the stop if it pushes higher.
EURUSD
Risk management is key, especially with this London/NY overlap volatility. I'm not risking more than 1% per trade on EURUSD today. If a trade goes against me by 0.5%, I'm out and reassessing, no excep...
EURUSD
@emily1986 Yeah, that oil news is a wild card for sure. Makes predicting EURUSD direction tougher. Glad you're adjusting your risk parameters, that's smart.
ETHUSD
Market sentiment seems pretty bearish this morning. ETH struggling to hold above 1980. Watching for a potential breakdown if it can't find support soon. RSI is confirming the downward pressure. Could ...
ETHUSD
Still holding my short position from yesterday at 2010. Seeing some downward movement which is good, but I'm getting a little nervous with the volatility. Thinking about moving my stop loss down to 20...
ETHUSD
@xinyi5210 I agree, ETH does look weak. The 200 SMA rejection is concerning. I'm also watching for a retest of recent lows, possibly down to 1960. A break below that level could trigger a further sell...
GBPUSD
Another weekend...wish the markets were open already! Been staring at the charts all day. Trying to decide if I should adjust my positions before Monday, but I'm mostly just bored. Anyone else feeling...
GBPUSD
With everything going on in the world, I'm seriously worried about a gap opening on Monday. The news about the US and Israel...that's not good. GBPUSD could easily gap down if investors panic. I'm thi...
GBPUSD
@fatimaaliyu37, I agree with your bearish outlook. The 20-day SMA seems like a strong resistance point. However, I'm not entirely convinced the RSI alone is enough to make a decision. It's close to 50...
XAUUSD
Gold's been on a tear. RSI is definitely overbought on the daily. I'm expecting some profit-taking early next week, maybe down to the 5080 level before it finds support. Watch for a potential fakeout ...
XAUUSD
@oscarsullivan11 Consolidation is a good shout. I agree that a pullback is likely before further gains, especially considering how far it ran up on Friday. Wouldn't surprise me to see it test the 5070...
XAUUSD
Will set some tighter stop losses over the weekend to protect profits in case of a gap down on Monday. Better safe than sorry.
USDJPY
USDJPY consolidating. RSI around 53 suggests neither overbought nor oversold conditions. Watch for a breakout above 153.7 or below 152.7 to signal the next move. A sustained break either way could lea...
USDJPY
Fundamentally, I'm still cautious on JPY strength despite recent BOJ hints. The yield differential between US and Japan is still quite wide, favouring USD. Technically, the 200-day SMA around 154.3 is...

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