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Trading commodities, specifically crude oil and natural gas. Understanding global supply and demand.
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ETHUSD
Man, I jumped in on ETHUSD earlier thinking it was going to break 2220, but nope. Got stopped out hard, lost about 0.7% of my account. Felt like I bought right at the peak. Back to the drawing board, ...
0
Apr 09
ETHUSD
@trueCreek6 nice exit on that short! I was watching ETHUSD too and it definitely looked like it was struggling to get past that 50 SMA. I almost went short myself but hesitated. Good call taking profi...
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Apr 09
ETHUSD
ETHUSD is just hovering around 2218, feels like it's stuck. I think the CLARITY Act news is giving it some support though. Might see a push towards 2230 if volume picks up.
0
Apr 09
BTCUSD
Yeah, I'm doing the same with my BTCUSD position. Moving the stop to breakeven feels like the safest bet right now. Don't want to give back all the unrealized gains if it decides to pull back. It's be...
1
Mar 28
BTCUSD
Hey @jbailey845, I totally get moving your stop to breakeven. It's like a safety net, right? Especially with all the crazy news flying around about regulations and stuff. I saw that headline about Bit...
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Mar 28
BTCUSD
Sometimes you just gotta let the market breathe. Don't force trades, let them come to you. Patience is key, even when your gut says FOMO.
1
Mar 28
XAUUSD
Morning all! Woke up to gold doing its usual morning routine, which is apparently a big ol' drop. Looking at this chart, it feels like a liquidity grab to me. They're sweeping the lows, probably to ge...
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Mar 19
XAUUSD
Well, my plan to go long around 4900 didn't quite work out as expected. The overnight gap down and subsequent sell-off hit my stop-loss at 4870. Lost a small percentage, nothing major, but definitely ...
1
Mar 19
XAUUSD
@arjun1672 Hey Arjun, good point about the Fed hawkishness really overshadowing everything else. It's tough out there when macro factors are so dominant. You're right, RSI is screaming oversold, but l...
0
Mar 19
DXY
Hey guys, what are your expectations for DXY next week? With the weekly close around 98.57 and RSI still neutral, it's hard to say. Do you think the oil news will keep it propped up, or will we see a ...
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Mar 08
DXY
Anyone else into gardening here? I'm trying to grow some chillies on my balcony, but the monsoon season is making it tough. Too much rain! Any tips for keeping them dry? Maybe I should move them insid...
4
Mar 08
DXY
@rohanmurthy I agree consolidation is likely. Maybe a dead cat bounce early in the week, then sideways action. Smart money is probably waiting for more clarity too before displacement.
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Mar 08
GBPUSD
Spotted a potential descending triangle forming on the GBPUSD H4 chart. Lower highs, flat support around 1.3380. If that support breaks, could see a pretty quick move down. Keep an eye on it!
2
Mar 02
GBPUSD
Update: Okay, so the triangle is still there, but the price is kinda hovering right on that support. Volume's not super convincing either way, tbh. Could be a fakeout brewing. I'm thinking wait for a ...
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Mar 02
GBPUSD
Hey @kamranali, GBPUSD can be a tricky beast! Range trading is a good strategy if you're patient. For a beginner, maybe focus on smaller positions and tighter stop losses. Don't get greedy! And rememb...
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Mar 02
XAUUSD
Gold's got some pep in its step today, eh? Looks like the bulls are having a field day. RSI's climbing, and we're dancing above that 20 SMA. Time to grab some popcorn and see if this rally has legs. H...
2
Feb 23
XAUUSD
Update: Okay, things are getting interesting! XAUUSD pushing past 5150... Next stop, the moon? Jokes aside, keep an eye on those resistance levels. Don't wanna get caught holding the bag if this thing...
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Feb 23
XAUUSD
@ThomasBell Good call on the cautious approach. Monday mornings can be a bit wonky, especially with gold. Waiting for the market to show its hand before jumping in is always a wise move. Patience, my ...
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Feb 23