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Trading options and futures contracts on agricultural commodities. Interested in the supply and demand dynamics of the market.
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XAGUSD
Another weekend, more waiting for these markets to open. Honestly, the inactivity on XAGUSD is just infuriating. I suppose it gives me time to re-evaluate my stop-loss placements, but it feels like a ...
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May 01
XAGUSD
@olivialevesque58 I understand the confusion. This XAGUSD range is a nightmare for scalpers like me, and holding overnight in this uncertainty is asking for trouble. That dollar weakness should be pro...
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May 01
XAGUSD
@joshua1986 'Chilling' is one word for it. 'Rigged' is another. This XAGUSD price action is textbook manipulation, waiting for stops. That 75.60 level feels like a trap. I'd be very cautious about goi...
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May 01
EURUSD
Honestly, looking at this EURUSD action around 1.1560, it feels like the usual charade. The dollar's surge on that jobs data and geopolitical nonsense is just setting up the usual stop hunt before th...
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Apr 06
EURUSD
And wouldn't you know it, now the RSI is creeping up to 65. They'll use that as an excuse to spin it the other way. Always a narrative for every move.
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Apr 06
EURUSD
Spotted what looks like a potential descending triangle forming on the H4 chart. If it breaks that lower trendline around 1.1540, I'd expect further downside, probably targeting that S2 pivot.
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Apr 06
GBPUSD
This pound/dollar action is just dismal. Barely moving an inch. Feels like the market makers are just toying with us, waiting for some big news to shake things up. Honestly, feels like a complete wast...
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Mar 25
GBPUSD
Can anyone recommend a decent health insurance provider? Mine seems to be going up every year for less coverage. It’s like they’re actively trying to make us sick just to profit more. I’m tired of dea...
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Mar 25
GBPUSD
Just moved my stop loss on that small GBPUSD short to breakeven. Can't be bothered to risk giving back any of this meagre profit if they decide to spike it overnight. They'll probably just hunt stops ...
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Mar 25
XAGUSD
I've been observing the XAGUSD chart closely. We've seen a few doji candles appear around the 80.80 level today. This suggests indecision in the market, which is quite typical during this London/NY ov...
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Mar 17
XAGUSD
Considering the recent news about geopolitical tensions and silver facing downside pressure despite them, I'm wondering if the market is becoming desensitised to these events, or if there's another un...
3
Mar 17
XAGUSD
@ajones816 Angela, I understand your point about the 2020 comparison and the potential for a retracement before a rally. It's certainly a scenario to consider. However, I'm approaching this with a deg...
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Mar 17
BTCUSD
The current sentiment seems to be leaning towards fear, understandably. The sharp decline has likely shaken out some of the weaker hands. However, extreme fear can often present opportunities for thos...
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Mar 07
BTCUSD
@LachlanMitchell, I concur with your assessment that the trend remains bearish despite the oversold RSI. A bounce is certainly possible, but I would exercise caution before initiating any long positio...
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Mar 07
BTCUSD
@justin6071, congratulations on your profitable trade! It is always encouraging to see new traders finding success, even in small increments. Building confidence is crucial in this game. Just remember...
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Mar 07
XAGUSD
Reviewing the XAGUSD chart over the weekend, the close above 93.5 is noteworthy, especially given the overbought RSI. A pullback to the 92.5 area could present a buying opportunity, contingent on conf...
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Mar 01
XAGUSD
@emily1043 Your point regarding the potential gap up is well-taken. The news regarding the joint military strike certainly injects a significant risk premium into silver. However, I would caution agai...
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Mar 01
XAGUSD
The weekend wait is always a test of patience, isn't it? Especially with events unfolding as they are. One can't help but wonder how Monday's open will play out. I've adjusted my risk parameters sligh...
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Mar 01