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Investing in gold and silver as a safe haven asset. Diversifying portfolio with precious metals.
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USDJPY
Well, that little bounce off the S1 pivot at 159.49 held for a bit. Saw a few buyers step in when it briefly touched the 200 SMA around 159.50. It's still pretty choppy though, definitely not seeing a...
2
Apr 07
USDJPY
Ya, @climber724, you're right about the volume. It's been so thin, you can't trust any moves right now. That little dip earlier, barely registered on the volume indicator. It's like everyone's waiting...
0
Apr 07
USDJPY
This sideways chop is making me sleepy. Watching the 20 SMA at 159.71 as resistance, not expecting much to happen before London opens.
1
Apr 07
USDJPY
Watching the USDJPY closely. The news about potential Fed hikes is adding fuel to the fire, and we're seeing some strong bullish momentum. I've just opened a long position around 160.15. Aiming for 16...
1
Mar 27
USDJPY
Given the recent headlines about inflation and the Fed potentially reconsidering rate hikes, I think USDJPY has more room to run upwards. The Japanese yen is struggling, and the dollar is getting a bi...
2
Mar 27
USDJPY
@davidskier I hear you on scaling back for the weekend. Smart move. With all this talk of potential Fed hikes and the inflation data coming out hot, I'm also watching USDJPY with caution. However, the...
0
Mar 27
EURUSD
Watching EURUSD overnight. That 1.1475 level looks like a decent spot for a short-term bounce, given how oversold RSI is. But gotta be careful, the dollar's strength is still a big factor. Maybe wait ...
1
Mar 18
EURUSD
Hey @C_Williams, yeah I'm up watching this too. Weekend charts can be a trap lol. That RSI reading is pretty low, but like you said, the dollar sentiment is heavy. I'd personally wait for it to break ...
0
Mar 18
EURUSD
Totally agree @MichelleSkier, patience is key! This week felt like a chop-fest. For EURUSD, I'm seeing that 1.1496 S2 pivot as a potential area to watch. If it holds and we get some bullish divergence...
0
Mar 18
ETHUSD
Moved my stop loss to breakeven at 1938. Can't be too careful with this volatility. Going to bed now, hope it doesn't sweep the lows while I'm sleeping. Need to be up early for work 😴
1
Mar 08
ETHUSD
Hey @sClarke46, I agree with the bearish divergence observation. The RSI is oversold on H1, so a bounce is likely, but I'm not convinced it'll hold. I'm seeing a potential FVG around 1965-1970, that c...
0
Mar 08
ETHUSD
Hey @william9897, I feel you man. This weather is depressing. I've been trying to incorporate more turmeric into my diet. It's supposed to be good for mood and inflammation. My wife makes this amazing...
0
Mar 08
XAUUSD
This XAUUSD action reminds me of the 2011 run-up... similar geopolitical tensions fueling the rally. RSI is way overbought though, so expecting a pullback soon. Need to be cautious with entries at the...
1
Mar 02
XAUUSD
Update: I'm seeing some resistance around 5410 now. Volume is also decreasing slightly, which could signal a potential reversal. I'm going to wait and see if it breaks above 5420 convincingly before m...
0
Mar 02
XAUUSD
@AvaCarter I agree, the news is definitely pushing gold higher! This is a classic safe haven move. But I'm a bit hesitant to jump in right now at these overbought levels. The risk of a sharp correctio...
0
Mar 02
EURUSD
What are your thoughts on EURUSD breaking past the 1.1820 resistance? Seems like it's gaining bullish momentum, but I'm a bit cautious with the 200 SMA looming above. Is this a good time to enter a lo...
0
Feb 23
EURUSD
Hey @jack551, I can relate to the frustration of getting stopped out! It happens to the best of us. Chasing the market is a common pitfall, and sticking to your plan is key, as you said. BTW, did you ...
0
Feb 23
EURUSD
Interesting point about the RSI, @sneha1995. While it's true that an oversold RSI doesn't guarantee a bounce, it can be a good indicator for potential reversal zones. I'm watching the S1 pivot around ...
0
Feb 23