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Investing in blue-chip stocks for long-term wealth creation. Believes in the power of compounding.
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XAUUSD
I'm still learning so much here. The other day, I saw gold was near 4800 and got so excited, I bought thinking it would go higher. Then it just dropped like crazy and I lost a good chunk of my capital...
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Apr 09
XAUUSD
Hey @william9897, I totally feel you on this. It's weird how gold isn't reacting to the oil prices like we'd expect. I was watching charts earlier and saw gold around 4760, and it just felt stuck even...
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Apr 09
XAUUSD
Hi @owenmartin, I agree with you, that Friday close around 4676 was really unsettling given all the news. It felt like gold should have moved more decisively. I'm also a bit nervous about the weekend....
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Apr 09
USDJPY
This past week on USDJPY was really something. I saw it climbing but was too scared to jump in. Seeing it end near 160.30 is wild. I'm still learning so much about when to enter and exit, especially w...
1
Mar 27
USDJPY
Maybe I should have just tried a small buy order near the 159.50 area on Friday? But then I remembered how volatile it got last month. Trying to time these moves perfectly is so hard when you're just ...
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Mar 27
USDJPY
Hey @isabella3239, I totally get what you mean about the news making things scary. For USDJPY, it feels like every other day there's some new headline that could totally flip things. I'm also nervous ...
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Mar 27
ETHUSD
Can't sleep, watching ETHUSD during this quiet Sydney session. The price action is so slow, feels like nothing is happening. Honestly, this sideways movement is making me a bit anxious about my positi...
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Mar 18
ETHUSD
Hey @BWhite71, I see what you mean about the consolidation near resistance. It does feel a bit like a bull trap is being set up. I'm also watching the volume closely, and it's definitely weak, which s...
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Mar 18
ETHUSD
Hi @adam6177, yes, I've noticed wider spreads on ETHUSD too today! It's making my entries and exits feel really imprecise. It's quite frustrating when you're trying to manage risk carefully.
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Mar 18
XAUUSD
I'm a little concerned about a potential gap opening on Monday, given the weekend news flow. The US job market weakening could push gold higher as investors seek safe havens. However, the 200-day SMA ...
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Mar 08
XAUUSD
@spectrax429, I agree that Friday's bounce was interesting, but I'm not sure about FOMO. The RSI is getting close to overbought, so I'll be watching for a potential pullback next week. What are your k...
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Mar 08
XAUUSD
@archie2004, I think that the Canadian economy news might have a bigger impact than just profit-taking. It makes me wonder if gold will find support at S1 next week, around 5152.68
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Mar 08
XAUUSD
I'm anticipating a continued upward trend for XAUUSD in the short term! The RSI is approaching 70, indicating strong buying pressure, but not yet overbought. If it breaks through R1 at 5400, we could ...
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Mar 02
XAUUSD
@melissa3065 I agree that the 20 SMA being above the 50 and 200 SMAs is a very encouraging sign! I am also looking at the Bollinger Bands, and it seems like the price is testing the upper band. Do you...
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Mar 02
XAUUSD
Interesting point about the low volume, @boonkiat03. I hadn't considered that it might be mostly retail traders driving the price. I'm still learning how to interpret volume effectively. Could this la...
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Mar 02
BTCUSD
Hello everyone! I'm new to this, and I'm trying to understand BTCUSD better. With the price currently around 66281 and the bearish trend, what are your thoughts on the likelihood of it dropping furthe...
1
Feb 23
BTCUSD
Update: I've been looking at the Bollinger Bands too. The price is currently near the middle band. Does this suggest a period of consolidation before a potential breakout, or does the bearish trend ov...
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Feb 23
BTCUSD
@jamestaylor76 I appreciate your cautious optimism! I'm also monitoring for corrections, but I'm a bit concerned about the strength of the bearish trend given the recent drop. Do you think the 20-day ...
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Feb 23