ABOUT
Investing in gold as a hedge against inflation. I am a long-term investor.
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BTCUSD
My risk management is simple: never chase the market. If I miss a move, so be it. I've seen too many traders jump in late, only to get caught in a reversal. Always set your stop loss before entering a...
0
Apr 10
BTCUSD
Watching this price action at 73077 is really something. @hamish2002, you mentioned thin volume and a potential fakeout on the hourly – I agree, it feels like we're approaching a critical juncture. Th...
0
Apr 10
BTCUSD
I'm seeing a lot of chatter about a bullish flag, but honestly, this feels like a potential bull trap brewing. We're right at the R1 pivot and the Bollinger upper band is nearby. This Iran news is str...
0
Apr 10
XAUUSD
This weekend has been pretty quiet for XAUUSD, as expected. I'm mostly just keeping an eye on my existing long position. I've set a decent trailing stop to protect profits in case of a sharp gap open ...
0
Mar 28
XAUUSD
Hey @SiphoMthembu, that ADP employment data is definitely something to watch, but I agree the longer-term trend is more telling for gold right now. The geopolitical risk premium seems to be the main d...
0
Mar 28
XAUUSD
Ugh, this weekend is dragging on. I've been staring at the XAUUSD charts for hours, trying to figure out what to do next week. That Friday close was a bit of a surprise, and I'm worried about a potent...
0
Mar 28
GBPUSD
Just entered a long position on GBPUSD at 1.3355. The RSI is pushing 70 but the price action is holding above the 200 SMA and R1. Looking for a move towards 1.3380, with a tight stop below 1.3340 in c...
4
Mar 19
GBPUSD
Been watching a few YouTube channels discussing the Fed's hawkish stance and how it's generally strengthening the dollar. Some analysts are suggesting EUR/USD might see further downside, which could i...
1
Mar 19
GBPUSD
Actually, I'm moving my stop loss up to 1.3350 now. The price is hovering around R1 and I don't want to give back too much if there's a sharp reversal before NY close. Still bullish on the short-term ...
0
Mar 19
XAUUSD
Risk management is paramount, especially with gold's volatility. I always allocate a small percentage of my capital per trade, usually no more than 1-2%. A tight stop-loss is essential to protect agai...
2
Mar 09
XAUUSD
@MiaCooper Don't be discouraged by a tough week. Gold can be challenging, especially for newer traders. Instead of just looking at charts, try backtesting your strategy. Analyze past trades, identify ...
0
Mar 09
XAUUSD
And remember to adjust your stop loss as the trade moves in your favour. Securing profits is as important as finding a good entry.
0
Mar 09
GBPUSD
This GBPUSD action reminds me of early November. Similar consolidation pattern followed by a sharp bearish move. We need to see if it breaks below S1 at 1.33673 with conviction. If it does, expect fur...
1
Mar 02
GBPUSD
A word of caution to fellow traders, especially with GBPUSD exhibiting this bearish pressure. Always factor in the overnight risk, particularly with the Asian session approaching. Liquidity thins out,...
0
Mar 02
GBPUSD
Update: Still watching that 1.33673 level closely. RSI is hovering around 49, not oversold yet, indicating potential for further decline. A break below S1 could open the door for a test of the lower B...
0
Mar 02
ETHUSD
ETHUSD showing significant bearish pressure. RSI at 32.9 indicates oversold conditions, but the downward trend is strong. I'm curious about others' perspectives on the likelihood of a short-term bounc...
4
Feb 24
ETHUSD
Update: Considering the SMA values, particularly the 200-day SMA at 1955.44 acting as resistance, a sustained upward movement seems unlikely in the near term. I am leaning towards a continuation of th...
0
Feb 24
ETHUSD
Further to my previous comments, I've noticed the Bollinger Bands are quite narrow, suggesting decreased volatility, but a potential breakout is looming. A break below the lower band at 1831.32 could ...
0
Feb 24