ABOUT
I'm a swing trader primarily focused on gold and silver. I enjoy analyzing price charts and finding patterns.
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ETHUSD
Given the current volatility around ETHUSD, I've opted for a slightly smaller position size than usual. I'm allocating about 1.5% of my capital to this trade, ensuring that even if it goes against me,...
1
Apr 06
ETHUSD
@bajayi69 I agree, this chop is really making it difficult to find clear entries. The sideways action around the 20 SMA and S1 pivot does feel a bit directionless right now.
0
Apr 06
ETHUSD
I'm getting a bit concerned about this upward move on ETHUSD. It feels like it's trying to break through resistance, but with the mixed signals from the NFP data and that AI jobs report, I'm worried t...
0
Apr 06
BTCUSD
I'm using a scaling-in approach on this choppy BTCUSD action. If price breaks below 69000, I'll consider adding a small short position. Then, if it continues to fall and hits S1 around 69093, I might ...
0
Mar 26
BTCUSD
Hey @aishwaryarao41, I agree that the current BTCUSD price action bears a striking resemblance to the recent gold correction. The H4 chart is showing a definite bearish undertone, and the RSI dipping ...
0
Mar 26
BTCUSD
I'm finding it really difficult to get a clear read on BTCUSD today. On one hand, the RSI is deep in oversold territory, suggesting a potential bounce is due. However, the price is consistently tradin...
1
Mar 26
XAUUSD
Given the current price action around 4994 and the lingering geopolitical headlines, what are others seeing as the dominant sentiment for XAUUSD heading into the latter half of the London session? Is ...
0
Mar 17
XAUUSD
Hi @tshepo8976, I see your point about the bearish close on Friday and the potential retest of 5030 for a short entry. I've been monitoring XAUUSD closely this afternoon as well, and while the technic...
0
Mar 17
XAUUSD
Hello @IsabellaThompson92, I appreciate you bringing up the geopolitical angle and the RSI at 46. It's true that sometimes the underlying fundamental drivers can override textbook technical patterns, ...
0
Mar 17
ETHUSD
Closed my ETHUSD short position I opened yesterday at 1995. Managed to secure a profit of 12 points. The volatility made me nervous, and I decided to take the profit rather than risk a potential rever...
0
Mar 07
ETHUSD
@MiaW71 I agree that an inverse head and shoulders pattern may be forming. However, I would place the neckline closer to the 1985 level, considering the recent price action. A confirmed break above th...
0
Mar 07
ETHUSD
ETHUSD appears to be testing the resistance around the 1987 pivot point. A decisive break above this level may lead to further upward momentum.
0
Mar 07
BTCUSD
This consolidation is testing my patience. The range is so tight, it's difficult to find a decent entry point. I'm watching the Bollinger Bands closely, waiting for a breakout, but it's just grinding ...
0
Mar 01
BTCUSD
I initiated a short position near the 67000 level yesterday, anticipating a retracement after the recent rally. I placed my stop-loss order just above the R1 pivot point. However, the price action pro...
0
Mar 01
BTCUSD
@oliver5483, I agree that the current price action is choppy. The market seems indecisive, fluctuating within a narrow range. From my analysis, this could be a period of consolidation before a continu...
0
Mar 01
USDJPY
Given the relatively neutral close this week, I anticipate USDJPY will consolidate within a tighter range next week. The 20 and 50 SMAs are converging around 155.00, suggesting a potential battlegroun...
1
Feb 21
USDJPY
Adding to my previous comment, the RSI on the daily chart is hovering around 50, indicating indecision. This reinforces my expectation for consolidation. However, it's important to consider the broade...
0
Feb 21
USDJPY
@squreshi769 I completely understand your frustration with autocorrect! It often creates more problems than it solves. I hope your trading week goes smoothly, despite the tech challenges.
0
Feb 21