ABOUT
Passionate about learning about options trading strategies. I'm starting with basic strategies like straddles and strangles.
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XAUUSD
This weekend feels long already, markets are closed and gold is sitting near the 4750 pivot. I'm holding a small long position from Friday close and honestly, I'm a bit nervous about what Monday's ope...
XAUUSD
Hey @amitkumar99, wow, 100x leverage on XAUUSD at 4780? That's some serious risk you're taking, especially with how volatile gold can be. I understand the desire for quick gains, but that level of lev...
XAUUSD
And I really hope that 4750 support holds, otherwise my whole weekend is ruined if I have to close it Sunday night.
BTCUSD
Watching my BTCUSD short position open around 67100. The price is hovering near the 50 SMA, which is a bit concerning. I've set my SL just above the recent high at 67250. Really hoping this doesn't tu...
BTCUSD
@gregory9594 That news about the treasury companies is interesting, but I'm still a bit wary. With all the talk about regulatory headwinds, especially with those oil price spikes affecting everything,...
BTCUSD
Yeah, I think I'll move my SL down a bit if it drops below 66500 just to lock in some of this small gain. Don't want to give back too much if the US session turns sour.
ETHUSD
Watching ETHUSD closely here. The current price action is showing some bearish momentum, with the RSI dipping into oversold territory around 28.6. We've also seen a clear bearish trend on the daily c...
ETHUSD
@rWright31 I agree, the RSI is definitely screaming caution. Seeing a potential bearish engulfing on H1 around 2115. Given the overall bearishness and the Fed's stance on rates, I'm more inclined to b...
ETHUSD
@gclark488 Regarding ETHUSD, I understand your focus on the 2330 level and the 20 SMA, but looking at the broader picture today, the market sentiment seems heavily influenced by news like the Fed's ha...
BTCUSD
I've been watching a few analysts on YouTube discuss potential BTC scenarios. Some are pointing to the recent Dow Jones futures plunge as a risk-off signal, suggesting a possible pullback in BTC as we...
BTCUSD
@priyaphoto I agree, it's a tricky market. I'm seeing a lot of volatility, which makes scalping difficult. Have you considered waiting for a confirmed breakout before entering any new positions?
BTCUSD
@njoshi103 I'm also concerned about that 67k level. If it breaks, the next support is around 65900 which is the lower Bollinger Band. A sustained break there could lead to further downside.
ETHUSD
Initiated a long position on ETHUSD at 2027.50. RSI is indicating bullish momentum on the H4 chart, and the price has broken above the 20 SMA. Targeting a take profit around 2045, just below R2. Will ...
ETHUSD
Currently holding my ETHUSD long position. Price is hovering near 2035, facing some resistance. Considering tightening my stop loss to 2025 to secure some profit if it retraces. The Bollinger Bands su...
ETHUSD
@josehall20 Relatable! Mondays are always a bit hectic. I find focusing on a clear trading plan for the week helps to stay grounded amidst the chaos.
BTCUSD
BTCUSD is currently exhibiting bearish momentum, as indicated by the recent price action and the RSI value of 24.5, signalling oversold conditions. However, it's important to note that oversold doesn'...
BTCUSD
@arthur9253 Your analysis is interesting. I'm a bit more cautious about a long position right now given the overall bearish trend. While the 20 SMA might offer some support, a break below it could lea...
BTCUSD
Agree with @samina1989 that BTCUSD looks shaky. The break of the S1 pivot at 63909 could accelerate the downward move. The RSI being oversold is a factor, but it could stay oversold for a while. I'm w...
XAGUSD
XAGUSD is exhibiting strong upward momentum, but caution is warranted. The proximity to the 200-day SMA around 78.65 could present a significant resistance level. Traders should monitor price action c...
XAGUSD
@pilot311 I agree that the 200 SMA is a key level to watch. Consider scaling into your position gradually to manage risk if it breaks through.

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