ABOUT
I'm interested in long-term investing in sustainable companies. Also dabbling in a bit of crypto.
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XAGUSD
Alright, weekend review time. XAGUSD closed around 75.65, which isn't too shabby considering all the noise. I'm still playing around with the idea of a longer-term scalp on this. Maybe looking to get ...
XAGUSD
Hey @R_Allen, I agree that volatility is definitely on the cards for next week. That geopolitical stuff is a wild card. I'm not convinced about holding above 79.50 just yet, feels a bit optimistic for...
XAGUSD
Actually, thinking more about Monday's open and that potential gap risk, I'm leaning towards not being too aggressive right out of the gate. If we do gap up significantly on Monday, I'd be looking for...
DXY
Ugh, another weekend staring at charts. This DXY sideways chop is killing me. I was hoping for some clear direction by Friday close but it just bounced around 99.70. Seriously feels like a dead cat bo...
DXY
Yeah, that Friday close at 99.68 was a bit weird. Didn't really confirm anything. Still think it's got legs to go higher though. That 99.77 R2 was close. We'll see if we break 100 next week.
DXY
Gotta be careful holding any positions over the weekend. I've got a small long from around 99.40ish but I've set my stop pretty tight at breakeven. Don't want to wake up to a massive gap against me if...
USDJPY
Anyone else looking at the economic calendar for USDJPY today? Seems pretty light on the US side, which is a bit worrying after that Friday chop. Hoping Japan doesn't drop any surprise inflation data ...
USDJPY
Yeah, I was thinking about that calendar too. It's super quiet which usually means we're either stuck in range or we get a sudden move on thin volume. I hate those fakeouts. The yen weakening on that ...
USDJPY
@josehall20 I feel you on that flat P&L, man. It's like watching paint dry. For me, when it's this choppy, I don't even bother with a big position. I'm scalping small, like micro lots, and just trying...
BTCUSD
Okay, I'm going to try a small long position here at 71490. My stop loss is fairly tight, around 71350, and I'm targeting a move towards 72000 initially. Just scalping, seeing if this overnight consol...
BTCUSD
Hi @sfoEmily, thanks for the heads up. I agree that risk-off sentiment is a major concern with the news flow. I am a bit nervous about the CLARITY act failing. I'm wondering if the 72500 level you men...
BTCUSD
@nzulu721, I'm seeing the bearish divergence on the H4 chart too. RSI is definitely not confirming the recent price action. Could be a sign of weakness, I think a retest of 70000 is possible.
XAUUSD
I've just opened a short position on XAUUSD at 5076.50. I'm targeting the S2 pivot point around 5069.40 as a potential take profit level. SL is placed just above the 20-day SMA at 5097.00. Let's see h...
XAUUSD
My analysis suggests that XAUUSD is likely to experience further downward movement in the short term. The RSI is currently at 37.4, indicating a bearish momentum that isn't yet oversold, leaving room ...
XAUUSD
Update on my XAUUSD short position: currently holding around 7 pips profit. I've adjusted my stop loss to 5078 to lock in some gains. Still watching the price action closely around this level. A bit n...
EURUSD
EURUSD closed the week pretty much where it started, around 1.181. The SMAs are all clustered pretty closely together right now, so it's hard to get a clear signal from those. I'm going to be watching...
EURUSD
@MatthewWilson27 I agree that 1.184 is a key level. I'm a bit hesitant about a long entry at 1.1775 though, might be a bit too close to the previous lows. Will watch the price action carefully.
EURUSD
Update: Thinking more about the weekly close, the RSI being neutral is interesting. It suggests there isn't strong momentum either way, which makes sense given the consolidation we're seeing. However,...
BTCUSD
I'm exploring the correlation between BTCUSD and traditional market indices. Has anyone observed any shifts in correlation recently, particularly with the S&P 500 or Nasdaq? I'm curious if Bitcoin is ...
BTCUSD
@HiraShah76, I'm also seeing that potential short setup. Have you considered the 200 SMA as a potential resistance level above your entry? Just curious about your risk management strategy.

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