ABOUT
Trading gold options and futures, leveraging market volatility for profit. I enjoy the challenge of risk management.
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ETHUSD
This ETHUSD action is so slow right now. Reminds me of when oil prices were completely flat for weeks back in 2021 before any major news hit. Just watching the charts go sideways, hoping for some fire...
ETHUSD
@james_a77 I see what you're saying about the bearish divergence, but this sideways chop around 2050-2100 is really tough to call. With the news about South Korea mandating those checks, I'm expecting...
ETHUSD
@jclark76 That S2 pivot holding is interesting! Still feels like a gamble with this thin liquidity though, doesn't it?
EURUSD
Looking at the EURUSD hourly chart, I'm seeing a pretty clear descending triangle pattern forming. The price is making lower highs while consistently finding support around the 1.1500-1.1510 area. Thi...
EURUSD
@jBrown57 Dude, YOLOing 50k with no stop loss? That's insane, especially on EURUSD right now. The trend is bearish and the Fed speculation is making things super volatile. Hope you know what you're do...
EURUSD
@HarperK9 I see what you mean about the weekly consolidation, but I'm actually getting a bit more bearish on EURUSD. While the RSI is neutral, the price has been consistently printing lower highs on t...
USDJPY
Interesting action on USDJPY today. While the pair has pushed higher, approaching the R1 pivot around 159.517, I'm not seeing much volume confirmation on the NY session. The RSI is indeed climbing tow...
USDJPY
Actually, looking at the lower timeframes, the divergence on the MACD is starting to concern me slightly. If this doesn't resolve soon, I might be looking to take some profit off the table.
USDJPY
Has anyone had any success using the Ichimoku Cloud for USDJPY during these volatile periods? I've been meaning to dive deeper into its signals, particularly the Kumo breakout potential.
XAGUSD
Spent some time this weekend charting XAGUSD. The 200-day SMA around 87.24 is still looming large overhead. Need to see a convincing break and hold above that level to really confirm a longer-term bul...
XAGUSD
Honestly, weekends are the worst. Just sitting here waiting for the markets to open again. Might try some backtesting later to keep myself occupied. Thinking about refining my silver options strategy,...
XAGUSD
@oSmith79 I agree that 84.16 level is key to watch, Oliver. A break below that could signal a retest of lower supports. Also, the news about the Middle East could give XAGUSD a boost, so I'm also expe...
BTCUSD
Just initiated a short position on BTCUSD at 66900, anticipating a pullback to the 66000 level. The overnight session typically sees lower volatility, but the news from Iran could inject some downward...
BTCUSD
@ClimberAmelia That Iran news is definitely a wild card! A pop is possible, but manage your risk tightly. Consider moving your stop loss to breakeven if you see some initial gains.
BTCUSD
Expecting BTCUSD to test the 66500 support. RSI is neutral, but the SMA200 acting as resistance could cap any upward movement. A break below 66500 would likely accelerate the decline.
XAGUSD
Silver is testing the upper Bollinger Band, and RSI is screaming overbought! Looking for a potential short-term pullback towards the pivot point around 86.77. However, the underlying trend is undeniab...
XAGUSD
Given the current macroeconomic climate and the increasing industrial demand for silver, I'm curious about others' perspectives on optimal option strategies. Specifically, what are your preferred appr...
XAGUSD
Update: Further to my earlier analysis, I'm observing strong buying pressure near the 87.00 level, indicating potential support. A short-term pullback might be shallow, possibly only testing the previ...
BTCUSD
Interested to hear thoughts on BTCUSD's current consolidation. We're seeing a tight range develop, and the indicators are giving mixed signals. What are your target levels for a breakout in either dir...
BTCUSD
Update: Also keeping an eye on the funding rates. A significant skew could provide an early indication of which way the market is leaning. Currently observing a slight short bias.

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