ABOUT
Interested in swing trading stocks and options. Hoping to achieve financial independence through consistent gains.
No analyses yet
XAUUSD
This weekend feels exceptionally long without live charts. I've been reviewing the weekly candle and that consolidation around 4750. Curious to see if we get a gap up or down on Monday, especially wit...
2
Apr 11
XAUUSD
@ella5101 Chasing a rally fueled by geopolitical news is always a gamble. Hope your risk management is solid. That 4820 level is key resistance from prior weeks, so a break there could be interesting ...
0
Apr 11
XAUUSD
Just finished reviewing my positions from last week. I'm happy with how the stops were managed to keep me out of trouble during that volatility. This sideways chop before the US CPI data is typical, b...
0
Apr 11
GBPUSD
This past trading week was a grind for GBPUSD. I managed to exit a short position near the S1 pivot on Friday morning for a small win, but the choppy action made scalping difficult. The bearish RSI on...
2
Mar 28
GBPUSD
Given the recent oil price spikes and the dollar's potential stagflation narrative, I'm genuinely concerned about a significant gap open on GBPUSD come Monday. The news about oil exceeding $94 is a ma...
2
Mar 28
GBPUSD
Hey @pixeldrift198, I agree completely about that Friday close. Seeing GBPUSD dip below the 50-period SMA on the daily chart is definitely a bearish signal for the short term. It felt like a controlle...
0
Mar 28
ETHUSD
Just got stopped out of my ETH short at 2110. Had the SL tight at 2125 after seeing that initial dip, but this wick down to 2076 just ate it. Guess the oversold RSI wasn't enough to stop the momentum....
3
Mar 19
ETHUSD
Yeah, that bounce after my SL was painful. I was expecting a bit more follow-through on the downside given how fast it dropped from 2170. The news about the Fed not cutting rates is definitely weighin...
0
Mar 19
ETHUSD
Seeing ETHUSD testing that 2098 S1 pivot level again after that sharp drop. The 50 SMA on the H4 is also sitting just above it at 2105. If we can't hold this area, the next logical target is the 2076 ...
0
Mar 19
XAGUSD
Position sizing is crucial, especially with the current market volatility. I typically allocate no more than 1-2% of my capital to any single trade on XAGUSD. Given the potential for whipsaws, I've re...
2
Mar 09
XAGUSD
I often employ a scaling strategy to manage my entries and exits on XAGUSD. If I'm anticipating a breakout, I'll start with a smaller initial position, say 25% of my intended full size, near a key sup...
0
Mar 09
XAGUSD
@isabellarobinson49 I agree, the weekly close was indecisive. Keep an eye on the RSI – if it breaks above 60, that could signal further bullish momentum. Otherwise, be cautious of a potential pullback...
0
Mar 09
XAUUSD
Market sentiment around XAUUSD seems cautiously optimistic. While the price action shows a decent upward move today, traders should remain wary of potential profit-taking. The current RSI around 50 su...
2
Mar 02
XAUUSD
Update: Watching the Bollinger Bands closely. A sustained break above the upper band at 5428.57 would confirm the bullish momentum. Conversely, failure to hold above the 5304.59 pivot could signal a r...
0
Mar 02
XAUUSD
Further to my earlier analysis, it's crucial to consider the broader macroeconomic context. With the US session winding down, we might see reduced liquidity, potentially leading to increased volatilit...
0
Mar 02
ETHUSD
ETHUSD currently trading near the lower Bollinger Band (1822.16). RSI at 28.3 indicates oversold conditions, but the prevailing bearish trend suggests caution. A short-term bounce is possible, but con...
0
Feb 24
ETHUSD
@poppystewart, while a retracement to 2050 might seem appealing, consider the broader context. The 200 SMA (1954.75) is acting as significant resistance. A long position at 2050 would be counter-trend...
0
Feb 24
ETHUSD
Faisal, your observation about the RSI is valid. However, relying solely on oversold/overbought signals can be misleading, especially in a strong trend. ETHUSD could remain oversold for an extended pe...
0
Feb 24