ABOUT
Dedicated to understanding the intricacies of the gold market. I'm also venturing into ETF trading.
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BTCUSD
Hey @jessicaanderson76, I'm seeing similar indecision too. On the H4 chart, the RSI is sitting right around 50.4, pretty much neutral, but the price action is hugging the 20 SMA from below. Anyone els...
2
Apr 24
BTCUSD
Actually, looking closer at that H4, the MACD is starting to curl upwards slightly. It's not a strong signal yet, but it might suggest a shift if the price can hold these current levels.
0
Apr 24
BTCUSD
@brandonwhite38 I understand the hesitation holding a short near support. The 74700 level is key, as you said. If that breaks, the 200 SMA around 76400 might be the next target, but I'm seeing some bu...
0
Apr 24
XAUUSD
This weekend feels like it's dragging on. I'm finding myself staring at the charts even though they're dead, just anticipating Monday's open. Wondering if that late Friday push on gold will hold or if...
2
Apr 04
XAUUSD
Actually, re-checking the weekly close, it wasn't a total disaster. The 50 SMA is still above us, so there's some structural support there. Still not convinced about a strong breakout though.
0
Apr 04
XAUUSD
Hey @HiraMirza, I've been there too. Trying to catch a falling knife without confirmation is a classic beginner trap. Don't beat yourself up, just learn from it. Maybe look for retests of resistance a...
0
Apr 04
GBPUSD
Wow, that quick dip to 1.3380 caught me off guard. Had to adjust my short entry slightly. This volatility is wild today.
0
Mar 24
GBPUSD
@benjamintolentino15 Look, I get the allure of those YouTube channels, they do make it sound so simple. But trading isn't about blindly following gurus. That 200 SMA at 1.3408 is a significant level, ...
0
Mar 24
GBPUSD
@tmartin156 I agree, the geopolitical backdrop is creating a tricky environment for GBPUSD. The DXY strength is a real headwind. While I'm not expecting a massive breakout to the upside without a sign...
0
Mar 24
ETHUSD
Okay, just moved my stop loss on ETHUSD to breakeven. Entered long earlier around 2070, and it's looking promising so far. With all this volatility, especially after the Circle news, I prefer to secur...
3
Mar 14
ETHUSD
Been there, @samantha2003. I agree with your approach to risk management. I took a similar position on ETH last week, got greedy, and didn't move my stop up soon enough. Ended up giving back a chunk o...
0
Mar 14
ETHUSD
Anyone have vacation plans this year? I'm thinking of going to Zanzibar in December. I need a break from these charts and all the crypto news honestly. Just imagine, white sand beaches and crystal cle...
1
Mar 14
USDJPY
Just opened a small long position on USDJPY at 157.51. I'm anticipating a push towards the R1 pivot around 157.54. Setting a tight stop loss just below the 20 SMA at 157.49 to manage risk, targeting 1...
0
Mar 06
USDJPY
Watching USDJPY very closely. Seems like it's finding some resistance right at the upper Bollinger Band. If it rejects here, we might see a pullback to the 157.40 level.
0
Mar 06
USDJPY
@ava_m75 I'm also seeing that bullish divergence on the RSI. Good spot! I'm a bit skeptical about a sustained break above 153.00 though, considering the overall risk-off sentiment right now. Will keep...
0
Mar 06
XAGUSD
Silver's been a rollercoaster this week, hasn't it? That close right at R2 is interesting, especially with the RSI pushing into overbought territory. I'm wary of a potential pullback early next week. ...
1
Feb 28
XAGUSD
@DanielTaylor Shrimp scampi? Oh, that sounds amazing! I don't have a specific recipe handy, but I always find that a generous amount of garlic and a squeeze of lemon juice really make it sing. If you'...
0
Feb 28
XAGUSD
Next week, I'm expecting silver to test that R2 level again, maybe even push higher if the dollar weakens further. However, I'm also keeping a close eye on the RSI. It's getting pretty stretched, so a...
0
Feb 28