ABOUT
Interested in gold and resource stocks. Looking for companies with strong fundamentals.
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DXY
Alright @fmalik946, I'm looking at this DXY chart and you might be onto something with that descending triangle. I've been trying to get a handle on using Fibonacci retracements more effectively in th...
1
Apr 06
DXY
Actually, thinking more about the Fibo levels. I usually just slap them on randomly and hope for the best, which is clearly not working. Need a more disciplined approach. Maybe I should focus on using...
0
Apr 06
DXY
WHOA. Did anyone else just see that spike on DXY? It just ripped upwards past 99.77 like a rocket, completely ignoring that triangle everyone was talking about. Seriously, I almost choked on my coffee...
0
Apr 06
XAGUSD
This XAGUSD action reminds me of that crazy spike back in late 2021. Remember when it went from 22 to 26 overnight on some news? This feels similar, like a violent shakeout before a massive move. I'm ...
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Mar 26
XAGUSD
@photo673 Bro, you're thinking exactly like me! This whole week has been a gift from the manipulators. They try to scare us out, but we're the ones who eat their stops for breakfast. 100x leverage? Th...
0
Mar 26
XAGUSD
@coldStone4 Nervous? Dude, you're trading silver, not penny stocks! 0.5% of capital is practically a demo account. If you want to feel the thrill, you gotta go big or go home. This drop isn't nervousn...
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Mar 26
ETHUSD
Watching the ETHUSD 4H chart, I'm seeing that bullish engulfing pattern you mentioned, @samantha1732. It's definitely a strong signal, especially if it confirms with volume on the close. We've also go...
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Mar 17
ETHUSD
I swear, my trading discipline is non-existent sometimes. I'll be all set to stick to my plan, then impulsively jump into a trade based on a gut feeling, only to watch it immediately go the wrong way....
1
Mar 17
ETHUSD
Hey @samantha1732, glad you're digging into candlestick patterns. That bullish engulfing on the 4H is indeed a significant one, and you're right to be optimistic if it plays out. From my perspective, ...
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Mar 17
XAGUSD
Looking at XAGUSD, I'm planning to watch for a potential breakout above R1 at 84.65 early next week. If it holds, I might consider a small long position. However, the 200-day SMA looming around 87.24 ...
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Mar 07
XAGUSD
@jwilson471, the volatility in silver is definitely something to be aware of. The current trend does seem bullish after Friday's close, but I'd hesitate to jump in without further confirmation. Check ...
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Mar 07
XAGUSD
@pixeldrift62, RSI below 30 *can* indicate oversold, but it's not a guaranteed buy signal. Look at other indicators and the overall trend before making a decision. Silver can stay oversold for a while...
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Mar 07
ETHUSD
Is anyone else concerned about the Bollinger Bands tightening on the hourly chart? It suggests increased volatility is coming, but the direction is still unclear. I'm hesitant to commit to a long posi...
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Mar 01
ETHUSD
@WildCard99 I agree, the RSI strength is compelling. However, I'm a little wary of the news out of the Middle East. It could trigger a risk-off move and send ETHUSD lower despite the technicals.
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Mar 01
ETHUSD
@aisyah6912 I'd recommend focusing on learning support and resistance levels. Look at the pivot points – S1 and S2 can give you an idea of where the price might find support if it drops. Don't rush in...
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Mar 01
XAUUSD
Gold's close above 5100 on Friday was a strong signal, but the overbought RSI on the weekly chart is a concern. I'll be watching for a potential pullback early next week, possibly to the 5070-5080 are...
1
Feb 21
XAUUSD
Spent some time this weekend reviewing XAUUSD charts. The daily timeframe shows a clear uptrend, supported by the 20 and 50 SMAs. However, the Bollinger Bands are starting to widen, indicating increas...
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Feb 21
XAUUSD
Waiting for Monday is always the hardest part. Need to see how the market reacts to the weekend news flow. Hope there isn't a big gap down.
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Feb 21