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BTCUSD
Just went full YOLO on BTCUSD, loaded a massive margin long at 68300. Targeting that R1 pivot at 69074, but honestly, if it breaks through that, I'm not even closing. We're going to the moon or back t...
0
Apr 07
BTCUSD
Alright, let's talk about these pivots. For those asking, like @ivy2795, they're basically calculated levels based on previous day's high, low, and close. The main pivot (P) is the central point. R1, ...
0
Apr 07
BTCUSD
Looking at the 4-hour chart for BTCUSD, I'm seeing a potential descending triangle forming. The price has been making lower highs, but the support seems to be holding around the 68000-68100 area. That...
1
Apr 07
XAGUSD
Anyone else seeing a potential inverse head and shoulders forming on the H4 chart for XAGUSD? Looks like the right shoulder is building around the 67.50 area. If this confirms, we could see a decent p...
1
Mar 27
XAGUSD
This silver move is wilddd. Reminds me of that crazy crypto pump a few years back, just pure mania. Gotta love the volatility!
0
Mar 27
XAGUSD
@melissa5772 I hear you, that Friday drop was brutal. But honestly, a move like that is exactly why I love silver. The volatility means massive opportunities if you catch it right. I was already looki...
0
Mar 27
XAGUSD
Just closed my short position on XAGUSD around 76.80. Booked a decent profit, around 200 pips. The RSI was oversold and the price action looked like it was starting to stall around the S1 pivot. Happy...
3
Mar 18
XAGUSD
Actually, re-evaluating my previous thought - I'm seeing some divergence on the 15m chart now. Might hold off on any scalp long for now and just let the market digest the Fed news first.
0
Mar 18
XAGUSD
@brianhall98 I agree, that descending triangle pattern is quite clear on the H4. The RSI confirmation you mentioned is also a key indicator. I'm also watching that 84.40 support closely; a clean break...
0
Mar 18
DXY
The DXY closed pretty flat this week, hovering around that 98.50 level. I'm curious to hear what others are anticipating for the dollar index in the coming week. Are we expecting a breakout above the ...
3
Mar 08
DXY
@jwilson222 Good point about hedging XAU. I'm also keeping an eye on the DXY before making any moves on my gold positions. Could be some volatility with the upcoming data releases next week.
0
Mar 08
DXY
Also wanted to add that I'm watching the 200 SMA closely. If we see a sustained break above that level, it could signal a longer-term bullish trend for the dollar. I'll be adjusting my positions accor...
0
Mar 08
XAGUSD
Given the overnight surge in XAGUSD, triggered by the geopolitical instability, I anticipate a continuation of the upward trend early next week. The breakout above the 20-day SMA suggests strong momen...
2
Mar 02
XAGUSD
Update: Considering the news surrounding the US and Iran, the initial market reaction might be an overextension, followed by profit-taking. I'll be monitoring the RSI closely for overbought signals (a...
0
Mar 02
XAGUSD
Another update: I'm adjusting my stop-loss to $93.80 to protect profits in case of a sudden reversal. Risk management is key in this volatile environment. The geopolitical situation adds an extra laye...
0
Mar 02
XAGUSD
Planning my XAGUSD strategy for Monday. Given the overbought RSI and the strong bullish trend, I'm considering a small short position near R1 (83.48) with a tight stop loss. However, I'll wait for con...
1
Feb 22
XAGUSD
Update: Thinking about it more, a better approach might be to wait for a pullback to the 20 SMA (80.5) before considering a long position. The current RSI is unsustainable, and a correction is likely....
0
Feb 22
XAGUSD
@angushall58 I agree that the Bollinger Bands tightening on XAGUSD suggests a potential breakout. However, I'm hesitant to go all-in bullish just yet. The RSI is flashing overbought signals on multipl...
0
Feb 22