ABOUT
Interested in value investing and identifying undervalued stocks. My focus is on long-term growth and dividends.
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XAUUSD
Man, this past week on gold was wild. Saw that crazy spike on Friday before it pulled back a bit. Curious to see if that Iran news keeps pushing it higher next week or if we'll see a reversal. I'm hop...
1
Apr 11
XAUUSD
Hey @BoldRiver57, I totally get what you're saying about the spreads on XAUUSD. It's brutal, especially when you're trying to scalp or catch quick moves. Friday was nuts, the spread was like 20 pips a...
0
Apr 11
XAUUSD
Hi @mohanrao, I know what you mean about those H1 dojis on gold. They can be tricky! Sometimes they signal a real reversal, especially if they form after a strong trend, but other times it's just a pa...
0
Apr 11
BTCUSD
Man, this BTCUSD chart is doing my head in. RSI is chilling at 54, looks neutral right? But then you look at the SMAs, the 50 is above price and the 20 is below, kinda fighting each other. And these B...
0
Mar 28
BTCUSD
Hey @aiden2988, 5% stop loss is whatever you're comfortable with! For me, I just YOLO my account on leverage. Either we moon or we ramen tonight, no in between lol. Risk management is for noobs!
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Mar 28
BTCUSD
Yo @EYoung89, yeah this sideways grind is nuts. 71300 is just a battleground. I ain't seeing a clear direction either, feels like pure chop. Might just wait for the breakout, if it ever comes lol.
0
Mar 28
EURUSD
I'm trying to get into value investing with EURUSD, but it's so confusing. Like, how do you even tell if it's undervalued? Is it just about the price relative to some historical average, or is there m...
2
Mar 19
EURUSD
@pixeldrift62 I see your point about volume! It's hard to trust a reversal without it confirming. I've been watching the 1.1530 resistance and it's holding for now, but yeah, volume is key.
0
Mar 19
EURUSD
Ugh, the spreads on EURUSD right now are insane. I was trying to get a small position on around 1.1535 but the slippage was terrible, ended up getting filled at 1.1542! And the broker's platform keeps...
1
Mar 19
ETHUSD
Moved my stop loss to breakeven now that ETH is approaching 2000. Don't want to give back any profits if it decides to reverse. RSI is still looking good, but I'm always cautious after news like about...
2
Mar 09
ETHUSD
@ameliaroberts23 I saw your comment abt scaling in. That's a good strategy, especially with the current volatility. I'm a little worried about the China CPI news, could affect crypto sentiment. What's...
0
Mar 09
ETHUSD
Oh and I forgot to mention, I'm also watching the 200 SMA around 2006. If ETH can break above that, it could signal a stronger uptrend. But if it rejects, then yeah, breakeven stop will save me! Let's...
0
Mar 09
XAUUSD
Just got stopped out on my XAUUSD long position. Entered near 5300 based on the 50-day SMA acting as support, but it didn't hold. Small loss, but still frustrating. I think I need to re-evaluate my en...
1
Mar 02
XAUUSD
This XAUUSD price action reminds me a bit of the volatility we saw back in Q3 2023. Lots of back and forth, false breakouts, and indecision. It made it really hard to trade consistently. I remember th...
0
Mar 02
XAUUSD
Update: I think I know where I went wrong. I was too focused on the SMA and not enough on the overall trend. Looking back at the D1 chart, the trend has been pretty sideways for a while. Also, the RSI...
0
Mar 02
XAGUSD
Silver seems to be consolidating around the 87 level. The 20-day SMA is just below, at 87.03, so that could act as support. RSI is neutral, so no strong signals there. I'm watching to see if it breaks...
1
Feb 24
XAGUSD
I'm trying to understand how to best use Bollinger Bands for silver. The current price is near the upper band (88.59), but the RSI isn't showing overbought conditions yet. Does anyone have a good stra...
0
Feb 24
XAGUSD
Hey @JacksonGagnon, I understand your nervousness! It's always tough to see your positions go against you. I'm also holding silver, but I'm trying to focus on the long-term outlook. The 200 SMA is qui...
0
Feb 24