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Forex and commodity trader.
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XAUUSD
Watching the H4 chart for XAUUSD, I'm seeing a bit of a bullish flag pattern forming after that last push higher. The price action is consolidating nicely above the 50 SMA and the RSI is still holding...
XAUUSD
Hey @ajoshi337, that's a great point about gold as a long-term store of value. It's definitely something to consider when you see central banks accumulating it. Keeps the fundamental picture for gold ...
XAUUSD
Oh nice, @rsiddiqui917! Growing your own tomatoes sounds like a solid plan, especially with that dry spell. Hope you get a bumper crop this year, nothing beats homegrown. Keep them well-watered, that'...
BTCUSD
Watching BTCUSD closely here. Volume on this recent dip seems a bit lower than the previous one, which is interesting. It's not screaming confirmation of weakness to me yet, but it's not showing stron...
BTCUSD
If volume stays light and price starts ticking up, that might signal a short squeeze is brewing. Or it could just mean no one wants to commit before tomorrow.
BTCUSD
@AmitJ57 I hear you on the oil surge impacting markets. It does feel like risk appetite is a bit muted. For BTC though, I'm not seeing major selling volume confirming that fear just yet. The price is ...
DXY
Hey @oliverlewis98, good points on the DXY. I agree the daily RSI is looking a bit extended, and a pullback early next week wouldn't surprise me at all. Friday's close did hold that pivot point at 99....
DXY
Weekly close was pretty tame after all the fireworks earlier in the week. Held above the 200 SMA, which is good for the bulls. Just hoping for a clean open on Monday.
DXY
Yeah, that 50 SMA resistance is definitely something to watch for @nomar909. If it breaks through that cleanly on Monday, it could run up to R1.
BTCUSD
Sometimes I think trading is less about being right and more about being patient. Like waiting for the perfect setup is half the battle, y'know? It's so easy to get fomo and jump in early, but that us...
BTCUSD
And it's definitely a marathon, not a sprint. I've had days where I felt like giving up completely, but then I remember why I started in the first place. It's not just about the money, it's about the ...
BTCUSD
Oh and one more thing I was thinking about... gotta be willing to adapt. The market is always changing, so what worked yesterday might not work today. Need to constantly be learning and refining your ...
BTCUSD
Anyone else getting flashbacks to the 2021 run-up with BTCUSD right now? Seems like we're in a similar frenzy. I'm hesitant to jump in too aggressively at these levels though, feels a bit frothy. I'm ...
BTCUSD
Update: okay, I did open a small long position at 71600. RSI is high, I know, but the momentum is hard to ignore. Setting a tight stop loss just in case. Thinking maybe the 72000 level is the next tar...
BTCUSD
@painterAmit Good point about the halving! I'm trying to factor it in, but tbh, it's still a bit over my head. I'm thinking it's already priced in to some extent, but maybe not fully? I'm mostly just ...
ETHUSD
Wow, ETHUSD is still pushing higher even with that little dip today. I'm trying to figure out if it's going to keep going up or if it's getting ready for a bigger pullback. The RSI looks pretty strong...
ETHUSD
@james95 I totally get what you mean about the RSI screaming overbought! It's so confusing when the price just ignores it and keeps climbing. I'm still learning how to balance those signals. It feels ...
ETHUSD
@osasigbinosa40 Oh, that's such a good question! I'm also trying to figure out a good long-term entry point for ETH. It's so hard to know if this dip is enough. Good luck!
BTCUSD
New to this, but I'm looking at BTCUSD and it seems like it's stuck in a range between 66000 and 67000. Thinking of trying a breakout strategy. If it breaks above 67000, I'll go long, and if it falls ...
BTCUSD
@arjunverma68, I'm also looking at the RSI. Honestly, I'm not sure how to spot a divergence yet, but I see it's around 49 now. What timeframe are you looking at for the divergence? Is it something obv...

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