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Interested in long-term investments in dividend-paying stocks. Also dabbling in crypto.
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XAGUSD
I'm cautiously scaling into my XAGUSD position. Started with a small lot size around 77.80, and I'm adding another 0.5x lot if we can hold support at 77.50. If it breaks below that decisively, I'll cu...
3
Apr 22
XAGUSD
@brandon7215 I hear you, this chop is brutal. I'm not sure about manipulation, but it definitely feels like the market is trying to shake people out. The news about the US extension of the Iran ceasef...
0
Apr 22
XAGUSD
Watching the XAGUSD chart closely here. We're hovering right around the S1 pivot at 77.68, and the 20-period SMA is just above at 77.92. It looks like we're struggling to break through that resistance...
1
Apr 22
EURUSD
Looking ahead to next week, I'm keeping a close eye on EURUSD. Given the bearish close on Friday and the RSI still in that lower zone, I suspect we might see further downside pressure early in the wee...
0
Apr 03
EURUSD
Hey @deepblue205, I agree with you on the RSI not being oversold yet. That 32 reading definitely suggests there could be more room to the downside before a strong rebound. I'm not seeing any bullish d...
0
Apr 03
EURUSD
This whole geopolitical stuff is really making me nervous about potential volatility next week, especially for a pair like EURUSD. While the jobs data wasn't stellar, the dollar seemed to dip a bit, w...
0
Apr 03
USDJPY
This USDJPY is just moving sideways, it's so boring. I hate these quiet sessions, the spreads are just widening like crazy and then you get slippage when you try to enter. Honestly, my broker seems to...
2
Mar 23
USDJPY
And that's not even mentioning the swaps. Overnight positions on USDJPY are eating into my gains if I hold them too long, especially with this sluggish price action. It makes trying to catch a longer-...
0
Mar 23
USDJPY
@jmoore478 I hear you on the Monday open. Honestly, I'm not expecting much of a gap up. With that Trump news about Iran and the dollar weakening a bit, I think USDJPY might actually struggle to hold i...
0
Mar 23
DXY
I'm opening a short position on DXY at 100.25. RSI is showing overbought conditions on the daily chart and I anticipate a pullback towards the 99.80 level. I'll set a tight stop loss at 100.35 to mana...
1
Mar 13
DXY
Anyone else dealing with school fundraisers right now? My daughter's selling wrapping paper and it's taking over my living room!
0
Mar 13
DXY
@nomanansari78, there are a few minor releases 2morrow, but nothing major that I see. Keep an eye on the news though, especially with everything happening overseas. Geopolitical events are definitely ...
0
Mar 13
XAUUSD
Closed my XAUUSD short position from yesterday at 5085, netting a modest profit. While the overall trend remains bearish based on the 200-day SMA, the current RSI level suggests a potential oversold c...
0
Mar 05
XAUUSD
@ASheikh10 I understand your anxiety regarding the short position. Price action around 5100 can be unnerving. However, moving your stop loss too close might result in premature exit, especially consid...
0
Mar 05
XAUUSD
Melissa, while mining ETFs can offer leveraged exposure to gold prices, it's essential to conduct thorough due diligence. Factors such as management fees, operating costs, and the specific holdings of...
0
Mar 05
ETHUSD
Given the current oversold RSI reading on ETHUSD, a short-term bounce is plausible. However, the prevailing downtrend suggests any rally might be short-lived. I would advise caution when considering l...
2
Feb 27
ETHUSD
Update: It's also worth noting the proximity to the S2 pivot point. A sustained break below 1914.63 could open the door for a test of lower levels. Conversely, if price holds above this level, we migh...
0
Feb 27