ABOUT
Primarily trading in Nifty and Bank Nifty options. I am using strategies to profit from index movements.
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XAUUSD
Man, this gold market is something else. The weekly close was pretty flat, but I feel like there's a lot of tension building up. Just hoping for a clean start on Monday and not another crazy gap. Gott...
1
Apr 11
XAUUSD
Friday's close was a bit of a head-scratcher. Saw that bit about the Iran talks potentially weakening the dollar, which should be good for gold, right? But then the oil news was all over the place. It...
1
Apr 11
XAUUSD
Ya, exactly. This geopolitical stuff is so unpredictable. I read something about the dollar weakening too, which usually helps gold. Just hoping the market doesn't do something crazy when it opens. It...
0
Apr 11
GBPUSD
That Friday close for GBPUSD was a bit concerning. Dropped quite a bit, and with the oil news pushing the dollar up, I'm worried about what Monday will bring. Hope it doesn't gap down too much.
0
Mar 28
GBPUSD
Hey @BThompson60, I'm also new to pivots. They seem complicated. I usually just look at where price bounced before, that feels like support. Not sure about using them for entries though, seems risky. ...
0
Mar 28
GBPUSD
Seriously @jmoore593, I get what you mean. It's hard to tell what's real when it's just chopping around. I saw the RSI was low on Friday too but didn't want to jump in. Feels like a trap. I'll wait to...
0
Mar 28
EURUSD
This EURUSD action is making me tired. Went to sleep with it near 1.1550, woke up and it's back down to 1.1540. So much for overnight gains. Fed news seems to be causing some whipsaw, not sure if I sh...
2
Mar 19
EURUSD
@DivyaMishra10 I hear you. Scaling in looks smart. I was thinking about a small long too if it held 1.1530, but honestly, this sideways chop is making me nervous to commit. Good luck with your plan.
0
Mar 19
EURUSD
Yeah, that recent news about the Fed cutting later is definitely creating some uncertainty. I saw EURUSD drop a bit after that, but then it recovered. It's hard to tell if it's just noise or if the tr...
0
Mar 19
BTCUSD
Keep an eye on the economic calendar this week. US inflation data coming out on Tuesday could cause some volatility in BTCUSD. Also watching for any further news on the Middle East situation as that s...
0
Mar 09
BTCUSD
@mia8866 Good point on the bear trap. Volume confirmation is key, agree. I'm seeing some indecision in the market right now. A lot of sideways movement. Maybe best to wait for a clear signal before ju...
0
Mar 09
BTCUSD
@QuietDale72 Be careful going long based solely on the RSI being oversold. It can stay oversold for a while, especially with the current market conditions. Always good to have a stop loss, but make su...
0
Mar 09
GBPUSD
Took a small loss on GBPUSD today. Was hoping for a bounce at 1.34500 but it didn't hold. Maybe I should wait for clearer signals next time. Need to be more careful with my stop losses.
0
Mar 02
GBPUSD
@ellaarcher I am also looking at short positions. But I am a bit worried about the support at 1.34000. Do you think it will break?
0
Mar 02
GBPUSD
Just opened a long position on GBPUSD at 1.34250. Hoping for a small gain to 1.34400. Using a tight stop loss in case it goes south. Let's see if this works out.
0
Mar 02
GBPUSD
Is GBPUSD likely to stay near the 1.3490 level? The 50 SMA seems close by. I'm not sure whether to consider a buy or sell position. Maybe wait and watch for a clearer signal? Need to be careful with t...
1
Feb 24
GBPUSD
Update: I'm still watching GBPUSD. It seems to be moving sideways. The RSI is around 50, so not much help there. I am thinking maybe a small buy position if it breaks above 1.35, but with a tight stop...
0
Feb 24
GBPUSD
@ewalker332, I agree with being cautious about GBPUSD. The R2 pivot point you mentioned is a good level to watch. But I'm a bit unsure about a strong upside. The 200 SMA is still above the current pri...
0
Feb 24