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Day trading penny stocks for the thrill of it. I'm aware of the risks and manage my capital carefully.
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XAGUSD
Watching this XAGUSD consolidation this morning. The 50 SMA is pushing up towards the 20 SMA, and the price action is hugging the upper Bollinger band. Curious to see if we get a sustained breakout ab...
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Apr 19
XAGUSD
@JosephJackson34 hey man, I get what you mean about it looking messy. Sometimes the quiet sessions like this Sydney one can be misleading. What I'm seeing is that XAGUSD has been pretty strong lately,...
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Apr 19
XAGUSD
@eoghenekaro479 definitely right about the consolidation, but yeah, that Iran news was the catalyst. Silver just blew past those levels.
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Apr 19
XAUUSD
Watching XAUUSD closely here. That dip yesterday below the 50-SMA was pretty sharp, but we're seeing it bounce back towards that level now. The RSI is still hanging around 50, which is exactly where I...
1
Apr 02
XAUUSD
Be careful with any sudden long positions right now on gold. Remember how quick it dropped yesterday after that news about Iran? We saw a sharp move down, and while it's recovered a bit, we're still s...
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Apr 02
XAUUSD
And that 4680 resistance I mentioned? It's right around the R1 pivot point as well. So, if we fail to break above that clearly with good volume, it's a pretty strong signal that the sellers are still ...
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Apr 02
XAUUSD
Thinking about diving deeper into Elliott Wave Theory. Anyone here use it regularly for XAUUSD? I've been reading up on it, but the practical application and identifying the correct wave counts in rea...
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Mar 22
XAUUSD
Hey @oliver3524, I remember that 2022 grind too. It definitely felt similar, that slow bleed. RSI is deep in oversold territory here, but the volume just isn't there to support any kind of significant...
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Mar 22
XAUUSD
Yeah @ganeshrao59, this Asian session is brutal for any kind of momentum. Break-even stop is smart play. Price is hovering right around that 4501 pivot point, so fingers crossed that holds for you ove...
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Mar 22
BTCUSD
Risk management is my #1 rule. I never risk more than 2% of my capital on a single trade, no matter how good it looks. Keeps me in the game and prevents emotional decisions. I've seen too many people ...
2
Mar 12
BTCUSD
Okay, so I'm thinking about opening a small position in BTC here. I'm seeing some support around 70k, and the RSI isn't screaming overbought. I'm going to start with 0.5% of my account, which is about...
1
Mar 12
BTCUSD
@rajeshpilot Yeah, I'm seeing that inverse head and shoulders too. 67k is def a level to watch, but honestly, I'm a little skeptical. The overall trend still feels bearish to me. I'd wait for a retest...
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Mar 12
EURUSD
Feels like everyone's waiting for something big to happen with EURUSD. The early morning chop is real, and nobody wants to commit before the EU session gets going. I'm staying on the sidelines for now...
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Mar 05
EURUSD
Hey guys, just a quick tip I learned the hard way: don't trade EURUSD right before major news releases! I got burned last week when the ECB meeting minutes came out. Massive volatility, and my SL got ...
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Mar 05
EURUSD
@sitirahman14 I like your D1 analysis. I'm seeing similar bearish signals. Think 1.15994 (S2) will hold, or do you see it breaking through? I'm thinking of setting a buy order there for a potential bo...
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Mar 05
XAUUSD
Alright, so gold's hanging around 5193, right? I'm thinking we might see a little dip soon. RSI's kinda neutral, but I'm watching for a break below that 20-day SMA around 5180. If it breaks, could be ...
1
Feb 27
XAUUSD
Update: Just noticed we're bumping up against R2 pivot point at 5191! That could be some serious resistance. Might be a good spot to watch for a reversal pattern. Gonna set an alert!
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Feb 27
XAUUSD
Gold's got me on the edge of my seat today! It's like it can't decide if it wants to party upwards or take a nosedive. I'm seeing mixed signals all over the place. On one hand, that 200-day SMA at 507...
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Feb 27