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Focusing on cryptocurrency trading and decentralized finance. Believes in the future of blockchain.
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XAUUSD
This XAUUSD chop reminds me of that period back in late 2021 when it was just grinding sideways before that huge breakout. RSI was kinda neutral then too. Feels like something's building, but man, thi...
XAUUSD
@ajones587 I get what you're saying about scaling in, but honestly, where's the fun in that? I prefer to just go full margin long right at the perceived bottom or short at the top. If it's going to mo...
XAUUSD
Watching that DXY slide again with oil spiking... Gold should be catching a bid here. Anyone else seeing the setup for a quick long scalp?
XAUUSD
My biggest mistake? Probably going all-in on that last altcoin pump. Turned my whole trading bag into dust. Still chasing that high though, gotta admit. Maybe this gold dip is another chance to go bal...
XAUUSD
Yeah, I mean, if I lost it all AGAIN, what's the worst that can happen? Ramen for another month. But imagine hitting that 100x leverage… that's the dream.
XAUUSD
Hey @jwilson132, thanks for laying out your levels. That 4500 area does look pretty key. I saw the news about the DXY rallying hard and gold getting hammered because of it. Honestly, with the dollar l...
XAGUSD
Just opened a small long position on XAGUSD around 79.15. The dollar weakening a bit overnight based on that news headline and yields dropping seems like a good sign. Setting my TP near the 80.30 resi...
XAGUSD
Yeah, @JacksonAnderson, it was a rough week for silver. That 2% drop yesterday caught me off guard too, especially with the dollar actually weakening like mentioned. I'm still not convinced about a st...
XAGUSD
Actually, thinking about that recent news again, the market reacted kinda weirdly to the dollar weakening. Maybe there's something else driving silver down that I'm missing.
ETHUSD
Just had my stop loss triggered on a short position I opened near 1980. Price dipped below the S1 pivot at 1963.24, as predicted by my analysis, but then bounced back up. A small loss, but a valuable ...
ETHUSD
@KeenTrail2 I agree about the 200 SMA acting as a hurdle. The RSI is bearish at 34, which suggests the downward pressure might continue. I'm watching closely to see if it breaks through or consolidate...
ETHUSD
@EmmaMartin75 I'm also considering a retest of the pivot point. It seems like a logical area for ETH to find some support, especially given the current bearish momentum. However, with the price alread...
XAGUSD
With the market closed for the weekend, what's everyone expecting from XAGUSD next week? That Friday rally was pretty intense, but the RSI is showing overbought conditions. I'm a bit new to this, so a...
XAGUSD
@noah7235, your point about monitoring for a potential gap up is interesting. I'm still trying to get my head around how gaps work, especially with silver's volatility. Given the overbought RSI(14) at...
XAGUSD
I agree @jessicadavies53, silver does look strong on the weekly. Those SMAs are definitely lining up nicely. I'm just a little concerned about the overbought RSI. Do you think that might cause a tempo...
EURUSD
I'm holding a small long position on EURUSD over the weekend. RSI is nearly at 60 which suggests some upward momentum might be building. However, the 200 SMA at 1.1841 is a significant resistance leve...
EURUSD
Update: I'm considering setting a tight stop-loss just below the S1 pivot at 1.17755 to manage risk. A break below that level could signal further downside. Also, I'll be paying attention to any news ...
EURUSD
Just thinking about the potential for a gap open on Monday. Hopefully, it's not too drastic! Will adjust SL accordingly.
USDJPY
Looking at USDJPY, the RSI(14) is currently at 61.5, which suggests bullish momentum. However, the price is also approaching the R1 pivot point at 153.771. I'm considering a long position, but I'm hes...
USDJPY
@rchandran502 I agree that Friday's price action was fairly muted. It's interesting that you mention volatility. Do you think the lack of movement was due to traders holding back before key economic d...

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