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Learning about options trading strategies like covered calls. I'm trying to increase my portfolio's yield.
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XAUUSD
Watching that oil news about the Strait of Hormuz really shake things up for gold. It’s a classic case of geopolitical risk driving safe-haven demand. I saw a similar pattern back in '22 when tensions...
1
Apr 23
XAUUSD
Hey @HikerDavid, it's totally normal to start small like that, especially with big news. 0.1 lot is fine for learning. Focus on managing risk, not just the size.
0
Apr 23
BTCUSD
Hey @miqbal997, don't sweat it too much. Price action can be choppy during the Asian session, often looking for liquidity grabs. The 20 and 50 SMAs are super close here, forming a tight range. If you ...
0
Apr 04
BTCUSD
My son had his school play yesterday, he was a tree! So proud of him, even if he only had like, three lines. The way he stood so still on stage though, took a lot of concentration. Reminds me of watch...
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Apr 04
BTCUSD
Me, staring at the charts all night, trying to catch every tiny move: 'Is that a double bottom?' My wallet: 'lol, no'
1
Apr 04
XAUUSD
Hi @jthompson414, happy to shed some light on indicators for XAUUSD. When I see the RSI around 50, it's neutral for me, not really oversold or overbought. For S/R levels, I typically draw horizontal l...
0
Mar 24
XAUUSD
Just finished watching a webinar on advanced Fibonacci retracement techniques for gold. They were talking about how the 61.8% level often acts as a magnet for price before a significant move. Also tou...
2
Mar 24
XAUUSD
Hey @kmalik94, interesting thoughts on property. For XAUUSD, I've noticed similar supply/demand imbalances lately. The DXY reversed sharply on those Iran de-escalation hopes, which definitely impacted...
0
Mar 24
ETHUSD
Is anyone else thinking ETH might test that 2120 resistance again? Seems like it's consolidating around 2080 right now. I'm kinda new to this, so just wanted to see what others are thinking! Any thoug...
3
Mar 13
ETHUSD
Seeing a potential breaker block around 2075... anyone else notice that? Might be a good entry point for a long position. NFA obviously lol.
1
Mar 13
ETHUSD
@KevinLewis I agree, that Iran news definitely adds some uncertainty. but eth has been so resilient! I'm still leaning bullish, especially if it can hold above that 2080 level. Maybe a short-term pull...
0
Mar 13
ETHUSD
Okay, I'm going to try a covered call on ETH! I'm selling a call option with a strike price of $2150 expiring next week. My cost basis is around $2070. Hoping to generate some income while I hold! Wis...
1
Mar 06
ETHUSD
Update: So far, so good! ETH is staying pretty stable. The premium I collected was decent, should give my portfolio a little boost. I'm keeping an eye on the price action though. If it starts to rally...
0
Mar 06
ETHUSD
@bthompson270 I agree, it's super choppy! I'm seeing the same thing. I think waiting for a clearer signal is a smart move before jumping in. Better safe than sorry, right?
0
Mar 06
USDJPY
USDJPY is so interesting right now! I'm thinking we might see it push higher next week, especially if the dollar keeps its strength. But I'm also nervous about a potential pullback. I'm hoping it brea...
1
Feb 28
USDJPY
Update: I'm thinking of trying a covered call strategy on USDJPY if it does go up. It seems like a good way to generate some income from my existing holdings, right? But I'm still super new to covered...
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Feb 28
USDJPY
@msmith306 I'm also seeing some signs of overbought conditions! I'm a newbie, but it makes me nervous to see it so high. Maybe a small short position is a good idea!
0
Feb 28