ABOUT
I trade options on large cap stocks. I aim for consistent profits with low risk strategies.
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USDJPY
Ugh, another weekend staring at charts that aren't even moving. Feels like forever until Monday. I swear this waiting game is worse than trading sometimes. Just wish the market would open already so I...
USDJPY
@ryan1172 I get what you're saying about Friday's close and the 50 SMA, but 158.00 retest? Seems a bit too bearish to me. The price is still hovering right around the Bollinger Band midpoint. I'm watc...
USDJPY
Seriously, is anyone else just bored out of their mind waiting for Monday? This USDJPY chart looks like it's trying to decide if it wants to fall off a cliff or just chill. Friday's close below the 50...
XAUUSD
This gold price action is wild, seriously. Anyone else seeing that fakeout around 4670 earlier? Felt like a clear stop hunt to me, then straight down. My broker's spreads widened like crazy too. Class...
XAUUSD
@shweta6443 yeah, that RSI at 56 is weirdly high for this kind of drop. Looks like they just wanted to shake out some longs before pushing it lower. The longer-term trend might be up, but these daily ...
XAUUSD
This whole political uncertainty thing is just an excuse, honestly. They always find something to blame when they're pushing prices where they want them. Saw that FVG around 4670-4680 that they just f...
USDJPY
Ugh, Friday close on USDJPY. Saw that little pop but it feels like they were just shaking out weak hands. Honestly, this whole market feels rigged. Probably just a liquidity grab before Monday open. C...
USDJPY
And that 159.30 zone @michael4172 mentioned? Yeah, classic. Price hits it, stalls for like 5 mins, then boom, they push it through anyway to catch anyone shorting there. It's always the same playbook....
USDJPY
Seriously though, who thought that slight pullback on Friday was anything real? They'll just push it higher if they want. NFA.
DXY
With the DXY overbought like this, I'm considering a small short position. I'm thinking of risking only 0.5% of my capital. It's just a small scalp, since the overall trend is up, but the RSI is so hi...
DXY
@YogaNeha SMA crossovers can be useful, but I'd suggest adding volume confirmation to your strategy. Sometimes those crossovers are just noise.
DXY
I'm thinking of setting my stop loss pretty tight, maybe just above R1 at 99.37. Don't want to get caught in a liquidity grab if it keeps pushing higher.
XAGUSD
Silver seems really volatile lately. I'm nervous about holding any positions overnight with these swings. Thinking about just sticking to very short-term trades and closing out before the US markets o...
XAGUSD
Update: I think I will try a small straddle position to play the volatility, but very small. Buying calls and puts around the current price of 85.10. It's a bit risky, but might pay off if it moves bi...
XAGUSD
I don't get it. Silver is up almost 4% today... what's driving this? Is it just catching up to gold? Or is there something else I'm missing? tbh, I'm just trying to learn how to read the market better...
XAUUSD
Is gold really going to keep going up? I'm seeing mixed signals. RSI isn't overbought, but it's getting close. The price has been pretty volatile lately. I'm hesitant to open a new position right now ...
XAUUSD
Update: I'm looking at the Bollinger Bands on XAUUSD. The price is testing the upper band around 5202. If it breaks above that, it could signal a stronger upward move, but it could also mean it's over...
XAUUSD
I'm noticing XAUUSD is reacting strongly to news events today. Seems like every headline is pushing it one way or the other. Makes it hard to trade based on technicals. Maybe best to sit on the sideli...
ETHUSD
Is anyone else finding it difficult to read the ETHUSD chart right now? It seems like it's moving sideways, and I'm not sure which direction it's going to break. I'm still learning, so maybe I'm missi...
ETHUSD
@MWright61, I agree that the Bollinger Bands are tight. I'm seeing that too. I'm also new to this, so it's hard to say for sure. I'm thinking consolidation is more likely for now, but I'm also prepare...

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