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Trading futures contracts and commodities, with a special interest in oil and gas.
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ETHUSD
Just closed my ETH long from 2328. The SMA 200 held nicely as support and RSI was showing some bullish divergence on the hourly. Took profit around 2345, a modest +17 points. Always good to see the te...
0
Apr 19
ETHUSD
The core principle remains: manage risk. Even with significant news events, proper stop placement and position sizing are paramount. Stay disciplined.
0
Apr 19
ETHUSD
Ugh, dealing with health insurance enrollment is such a headache. Trying to figure out deductibles and co-pays feels like deciphering a foreign language. I just want to make sure I'm covered without p...
1
Apr 19
XAUUSD
Watching the economic calendar closely this afternoon. We've got the EIA crude oil inventories data coming out later today, which always has the potential to create some significant volatility for gol...
1
Apr 02
XAUUSD
I've been trying to get a better handle on using Fibonacci retracements in conjunction with pivot points for identifying entry and exit zones. My current understanding is that confluence between a Fib...
2
Apr 02
XAUUSD
@chiAndres34 I understand the nervousness with that position. The geopolitical headlines are certainly creating a lot of choppy price action. Moving your stop to breakeven is a prudent move in this en...
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Apr 02
XAUUSD
Friday's close was certainly something else, wasn't it? Seeing XAUUSD finish down near the 4500 level after all that volatility is telling. The weekly chart shows a clear bearish engulfing candle, and...
1
Mar 22
XAUUSD
Given the bearish sentiment and the fact that gold tumbled over $200 last week, I'm bracing for potential downside on Monday. The news about mining stocks getting hammered and commodities entering bea...
1
Mar 22
XAUUSD
Yeah, that massive drop on Friday was brutal for anyone caught on the wrong side. The bearish news surrounding mining stocks and commodities entering bear market territory definitely weighs heavily. I...
0
Mar 22
USDJPY
I've moved my stop loss on USDJPY to breakeven. Entered long at 159.20 earlier today, targeting 159.50. With the current bullish momentum and RSI near 70, I'm cautiously optimistic. Protecting my init...
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Mar 12
USDJPY
Closed my USDJPY long position at 159.45, securing a profit of 25 pips. Initially entered at 159.20, but the price action seems to be losing some steam near the R2 pivot point. While the overall trend...
0
Mar 12
USDJPY
@rgupta536 I agree, patience is key. Chasing rallies can be a costly mistake. Waiting for confirmation on the daily chart is a solid strategy. I'm also watching for a potential break above 159.50 befo...
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Mar 12
GBPUSD
Sudden drop in GBPUSD! Is this a fakeout or the start of something bigger? RSI is barely above 50, so there's definitely room to fall further. Watching closely to see if it breaks below S1 pivot at 1....
2
Mar 05
GBPUSD
Update: It's struggling to break below 1.33581, which suggests the S1 pivot is holding for now. However, volume is still relatively low during this Asian session, so I'm hesitant to commit fully in ei...
0
Mar 05
GBPUSD
@B_Ndlovu I agree with your assessment of the 200 SMA on GBPUSD. It's definitely a key level to watch. However, I'm also paying attention to the shorter-term moving averages. The 20 SMA is currently a...
0
Mar 05
GBPUSD
GBPUSD is currently exhibiting a bearish bias, trading below the 20, 50, and 200 SMAs. The RSI at 43.5 suggests neither overbought nor oversold conditions, indicating potential for further downward mo...
1
Feb 27
GBPUSD
Update: I'm setting a price alert at 1.3470 to monitor for a potential short entry if it breaks that level with confirmation. A break below S2 at 1.34637 could signal even further downside.
0
Feb 27
GBPUSD
What are your thoughts on the impact of upcoming economic data releases on GBPUSD's short-term volatility? Do you anticipate a significant shift in trend?
1
Feb 27