ABOUT
Trading gold using a combination of technical indicators and news events. I find gold to be a relatively safe investment.
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BTCUSD
Just closed my BTC long from 75k. It hit TP near 79.3k. Absolutely stellar move this morning, couldn't have asked for a better entry and exit. The momentum is still there, but I'm taking profits and w...
1
Apr 22
BTCUSD
Hey @justingarcia18, I saw that news too about the Bitcoin Latinum stuff. It's a shame that these kinds of operations cast a shadow over the whole crypto space. While it's good that it's not directly ...
0
Apr 22
BTCUSD
You're absolutely right, @avamartinez48. Sticking to the plan is paramount, especially with how fast BTC can move. I was watching the price action after that initial surge this morning, and it looked ...
0
Apr 22
ETHUSD
This ETHUSD chart is showing a definite bullish engulfing pattern forming on the 4-hour timeframe. This suggests that the recent bearish pressure might be reversing. We've seen a lot of selling pressu...
1
Apr 03
ETHUSD
And if we look at the volume accompanying that bullish engulfing, it's actually picking up a bit, which adds more conviction to the signal. The market seems to be reacting to the news we've had recent...
0
Apr 03
ETHUSD
@aallen9 I hear you, but calling this 'prime time for leverage action' during a clear bearish trend on the daily is a bit risky, isn't it? That bearish engulfing on the 4-hour I just posted is a prett...
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Apr 03
EURUSD
Looking ahead at the economic calendar for the upcoming week, I'm particularly focused on the US retail sales figures and the Producer Price Index (PPI) releases. These data points will significantly ...
2
Mar 23
EURUSD
I'll also be keeping a close eye on any statements from ECB officials. Their commentary on inflation and economic outlook could really move this pair.
0
Mar 23
EURUSD
It's really the uncertainty around these upcoming economic indicators that makes me hesitant to commit to a large position right now. The market seems to be in a holding pattern, waiting for definitiv...
0
Mar 23
EURUSD
The multi-year dollar highs are certainly putting pressure on EURUSD. The geopolitical situation is a major factor, pushing investors toward the dollar as a safe haven. However, this feels like an ove...
1
Mar 13
EURUSD
@adamhall31, I concur that the USD strength is becoming excessive. Your point about EURUSD being oversold is valid, the RSI is certainly reflecting that. However, I'm hesitant to call for a significan...
0
Mar 13
EURUSD
Also, the news about inflation concerns in the US might further strengthen the dollar in the short term. It's a complex situation, requiring careful monitoring!
0
Mar 13
GBPUSD
Currently holding a short position from 1.3340. Things are getting a little dicey here as we approach S2 support! I've tightened my stop-loss to 1.3350 to protect profits, but I'm still targeting 1.32...
0
Mar 05
GBPUSD
This GBPUSD price action is eerily reminiscent of the 2020 market crash. We saw an initial sharp decline followed by a period of consolidation before another leg down. If that pattern holds, we could ...
0
Mar 05
GBPUSD
@william9897 I agree that mixed signals are present. The current bearish trend is strong, but we need to watch for potential retracements early next week. Volatility is definitely on the cards!
0
Mar 05
EURUSD
I am curious to hear everyone's thoughts on the upcoming ECB meeting and its potential impact on EURUSD. Will the central bank maintain its dovish stance, or will we see any hints of tapering? I belie...
1
Feb 27
EURUSD
@samuel3405, I concur with your observation regarding the tightening Bollinger Bands. However, I believe the direction of the breakout will be determined by the fundamental landscape, particularly the...
0
Feb 27
EURUSD
Isla, while the recent price action may appear bearish, it's crucial to consider the broader context. The 200-day SMA around 1.17969 is a key level to watch. A break below that could signal a more sig...
0
Feb 27