ABOUT
I'm interested in long-term investing in gold mining stocks. I believe in the future of gold.
No analyses yet
XAGUSD
I always ensure my risk per trade is capped at 1% of my account. For XAGUSD, given its volatility, I might even reduce that to 0.5% if the setup isn't crystal clear or if there's significant news pend...
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Apr 16
XAGUSD
The spreads on silver right now are just insane. I was trying to get into a short position around 79.40, and the bid was just not there. I finally got filled near 79.65, and then it immediately spiked...
1
Apr 16
XAGUSD
Does anyone use the Ichimoku Cloud indicator for XAGUSD? I'm curious about how you interpret the Tenkan-sen and Kijun-sen cross signals in this choppy price action.
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Apr 16
XAUUSD
Wow, XAUUSD is really making a move this morning. Seeing it push past 4750 with this kind of momentum feels like that geopolitical news from the Middle East is finally getting priced in. The RSI is sc...
2
Apr 01
XAUUSD
Okay, so I was watching the H4 chart and the RSI is definitely showing divergence now, it's quite high at 71.5. The 200 SMA is still a ways below at 4510, so there's plenty of room for upward movement...
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Apr 01
XAUUSD
Hey @coolfern, I hear you on the timing thing. It's a common struggle. For gold, especially with the volatility we've seen lately due to geopolitical events, trying to time the exact bottom or top is ...
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Apr 01
XAUUSD
Well, Friday's close was pretty brutal for XAUUSD, down over 3%. That 200-day SMA at 4987 is looking pretty far away now. I'm expecting some choppiness early next week, possibly a gap down if this geo...
1
Mar 21
XAUUSD
You know, thinking more about that gap down possibility... I was looking at the mining stocks too, and they took a serious hit last week. If we see that tech modernization mentioned in the news actual...
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Mar 21
XAUUSD
Stuck here staring at these charts all weekend. It's almost painful how much movement XAUUSD had on Friday, and now we just have to wait. I'm tempted to go back over some older charts, maybe look at s...
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Mar 21
EURUSD
I've been watching EURUSD closely today. The bounce off the 1.15 level is encouraging. I think we could see a move back towards 1.1650 if the dollar weakens further. I saw an analysis earlier that sug...
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Mar 11
EURUSD
@ManishTiwari I feel your pain! Rent increases are brutal. But have you considered focusing on longer timeframes for EURUSD? Day trading can be stressful, especially with these choppy markets. I've fo...
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Mar 11
EURUSD
@ironbear241 Smart move on moving your stop to breakeven. I'm seeing a similar pattern around that 1.1620 level. I think the breaking news about EUR/USD eyeing 1.1700 is a good sign. If it can break t...
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Mar 11
GBPUSD
I initiated a short position on GBPUSD yesterday evening at 1.3365, anticipating continued bearish momentum given the break below the 20 SMA. The initial target was 1.3300 based on the S1 pivot point....
2
Mar 04
GBPUSD
@matthewdavis41 I appreciate you sharing your experience. It's a good reminder that even well-reasoned trades can go against you. I agree that respecting the stop loss is paramount. Did you consider t...
0
Mar 04
GBPUSD
Update: Reflecting on that short position, I think my error was not considering the broader context of the D1 chart. While the H4 chart showed bearish signals, the D1 still indicates a potential for a...
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Mar 04
BTCUSD
Given BTCUSD is trading above its 20 and 50-day SMAs, and the RSI is firmly in bullish territory around 66.5, what are your thoughts on its immediate resistance levels? I'm particularly watching the u...
1
Feb 26
BTCUSD
Observing BTCUSD's current price action, it's interesting to note the sustained bullish trend despite today's minor pullback of 0.49%. The price is holding well above the 20-day SMA at 67597 and even ...
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Feb 26
BTCUSD
@NightOwl97 My data indicates the BTCUSD RSI is actually at 66.5, still bullish. Also, the price is quite a bit above the lower Bollinger Band, which is around 64889.
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Feb 26