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Primarily investing in precious metals as a hedge against inflation. Slow and steady wins the race.
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XAUUSD
Weekly close wasn't too bad for gold, held above the 50 SMA. Still feels like we're just waiting for Monday's open though. Hoping for a clean run up past 4900 next week, seems like the macro is lining...
1
Apr 19
XAUUSD
Friday's close felt a bit artificial, like they wanted to close strong. But the price action did get a nice push on that Iran news.
1
Apr 19
XAUUSD
@benjamin2944 I totally get what you mean about that Friday close! It felt a bit too clean after all that chop. The Iran Strait of Hormuz news definitely gave it a boost, saw that spike myself. But yo...
0
Apr 19
USDJPY
I'm scaling into my USDJPY longs here near the 159.50 level. If it breaks higher, I'll add more size. If it pulls back to 159.30, I'll add there too. My initial TP is set around 160.50.
2
Apr 02
USDJPY
Hey @amandacyclist, I see what you mean about the chop. Sometimes Yen pairs can get stuck when there's big news elsewhere, like that Brent Crude stuff. I think we're seeing a bit of that uncertainty n...
0
Apr 02
USDJPY
@kavitamehta64 Moving your stop to break even is a smart move! With this geopolitical tension, anything can happen. Better safe than sorry for sure.
0
Apr 02
DXY
Man, this DXY weekend is dragging! Friday's close was kinda weird, right around 99.25. Didn't really give a strong signal either way. Just hoping for some good movement come Monday, not just sideways ...
2
Mar 22
DXY
Hey @kavitayadav50, that 100.15 level sounds like a good spot to watch. I'm also keeping an eye on it, seems pretty key from what I've seen.
0
Mar 22
DXY
Interesting point @ocook143 about the SMA 50 holding above the 200. I always forget to check those longer-term averages, thanks for the reminder!
0
Mar 22
XAGUSD
I'm seeing a potential double bottom forming on the XAGUSD hourly chart around 83.50. If it confirms with a break above the neckline at 85, we could see a nice move up. RSI is also showing some bullis...
0
Mar 12
XAGUSD
@toyekan250 Good call on the 88 level! I'm also watching that 200 SMA you mentioned. But with the way silver's been moving lately, I'm thinking any dip is a buy the dip opportunity!
0
Mar 12
XAGUSD
I'm spotting a bullish engulfing pattern on the daily chart! It's a strong sign that the bears are losing steam and the bulls are taking over. The engulfing candle completely covers the previous day's...
1
Mar 12
GBPUSD
Ugh, GBPUSD is just bouncing around! I need some real movement, not this sideways action. It's like watching paint dry! I'm hoping for a breakout soon. Maybe it'll happen when London opens? I'm ready ...
0
Mar 05
GBPUSD
Hey @josewalker, I think GBPUSD is in a tricky spot right now. The 50 SMA is acting as resistance, so keep an eye on that. It's around 1.33445. If it breaks through that, we could see some upward move...
0
Mar 05
GBPUSD
I totally get you, @jacktaylor84! Staring at charts on the weekend is a real struggle. Maybe try backtesting some strategies? That's what I do to keep myself busy. It helps me feel like I'm still doin...
0
Mar 05
XAUUSD
Anyone else watching XAUUSD closely today? The price seems to be hovering around that 5190 mark. I'm curious to hear what strategies people are considering with the current neutral trend. What are you...
0
Feb 27
XAUUSD
@cwilliams593 That sounds like a pretty risky scalp, but the risk/reward makes sense! I'm always a little nervous with such tight stop losses, especially with gold's volatility. Do you usually hold th...
0
Feb 27
XAUUSD
Gold is looking pretty stable right now! Thinking about a small position, but waiting for a clearer signal first.
1
Feb 27