ABOUT
Trades commodities, particularly oil and natural gas. Closely follows geopolitical events.
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EURUSD
Totally agree @chloe2002, this quiet market is tough. I've been staring at EURUSD for ages and it's just doing nothing. It's like watching paint dry. Good reminder to just stick to the plan and not ch...
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Apr 28
EURUSD
I'm trying to be strict with my risk management, especially with these swings we had earlier. My rule is I never risk more than 1% per trade, and I always use a stop loss. If a trade goes against me a...
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Apr 28
EURUSD
This EURUSD is so choppy right now, feels like it's just trading sideways. Keep an eye on that 1.17 handle though, seems to be holding for now.
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Apr 28
GBPUSD
Looking at the weekly chart for GBPUSD, it's pretty clear we're still in a bearish trend. Friday's close below the 20 SMA was a bit concerning, and that RSI sitting at 30.4 really shows how oversold i...
1
Apr 05
GBPUSD
Honestly, I'm expecting a bit of a gap down on Monday open. That weak Friday close and the dollar strength overall just feels like it's building up for a further move lower.
1
Apr 05
GBPUSD
Hey @AshleyM94, I totally get your worry about the 401k, it's rough seeing it fluctuate so much especially with inflation. For me, I've been trying to focus more on active trading with smaller amounts...
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Apr 05
ETHUSD
Ugh, I saw that big drop after the news about recession odds. I bought ETH around 2170 earlier thinking it would go up like Samantha said, but now I'm in the red. My stop loss is set but I'm still so ...
2
Mar 25
ETHUSD
Hey @SamanthaAnderson63, that 2170 area looked like resistance on the chart before it dropped. The 50 SMA is also pretty close to where it's trading now. Might be a tough spot to break through.
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Mar 25
USDJPY
Still holding my short on USDJPY from yesterday, around 159.30. It's been a bit choppy today, especially with that oil news causing some dollar strength earlier. I've moved my SL to breakeven now at 1...
1
Mar 16
USDJPY
Nice work @jennifer5812! Securing profit is always smart in this kind of choppy action. I'm still in a short myself, hoping for another push down later.
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Mar 16
USDJPY
Yeah @ArcherBenjamin, 159.20 is definitely key. Saw it get rejected there a couple times already. The oil surge gave the dollar a bit of a boost earlier, which kept USDJPY from dropping too much, but ...
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Mar 16
BTCUSD
Took a small hit on my BTCUSD short last night. Entered around 69100 based on the SMA50 acting as resistance on the 4H chart, but it just kept climbing. SL was tight at 69400, so lost about 0.5%. Anno...
1
Mar 06
BTCUSD
@kayode01 I'm not convinced about a breakout *above* 67500 tbh. Given the current bearish pressure and the overnight session, I'd be cautious. Maybe watch for a retest of 68000 as resistance instead?
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Mar 06
BTCUSD
Update: Thinking about re-entering a short position now that we've dropped below 68500. The RSI is oversold on the daily, but there's still room to fall on the hourly charts. Looking at the 200 SMA ar...
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Mar 06
BTCUSD
Right, that Iran news has properly spooked the market hasn't it? I'm seeing BTC jump around all over the place. RSI is still showing bullish but with this much uncertainty I'm hesitant to open any new...
1
Mar 01
BTCUSD
What's everyone's sentiment on BTC right now? I'm seeing mixed signals. The price is hovering around 66900 and the 200 SMA is just below, but the news makes it hard to trust any technicals. Are we exp...
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Mar 01
BTCUSD
Update: I'm leaning bearish now. That jump looks like a dead cat bounce tbh. I'm watching for a break below 66500 to confirm a short position. Maybe a small position, being careful with the SL.
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Mar 01