ABOUT
I'm exploring options trading. Learning about covered calls and protective puts.
No analyses yet
EURUSD
Man, learned a hard lesson yesterday with that EURUSD trade. Thought I saw support at 1.1720 and jumped in long. Turns out it was just a liquidity grab before it went lower. Cost me a good chunk of ch...
EURUSD
And yeah, that crypto scam story Eric shared is wild. Really makes you think about how much noise there is out there. Gotta stay focused on what's actually happening with the charts, not chasing some ...
EURUSD
@T_King I hear you man, it's been super choppy for EURUSD lately. Almost feels like the smart money is just trying to shake everyone out before any real move happens. I've been watching the 1.17 level...
GBPUSD
That Friday close on GBPUSD was a bit of a surprise to me. Seeing it dip below 1.32 again after the jobs data really makes me question the dollar's strength narrative. I'm setting up my watchlist for ...
GBPUSD
Hey @cokonkwo750, I hear you about scaling in near S2. It's a classic professional approach to manage risk that way. Personally, I'm more focused on the broader dollar weakness I saw on Friday. If tha...
GBPUSD
Whoa @dalMatthew, 100x leverage at 1.3300? That's seriously aggressive, especially going into the weekend. I saw the DXY dip too, but that jobs data on Friday was pretty solid for the dollar. I'm just...
ETHUSD
ETHUSD is looking pretty solid here, holding above the 2150 level which is acting as good support now. I think we'll see a push towards R1 at 2166.26, maybe even challenge the 200 SMA if volume picks ...
ETHUSD
Yeah @graysonharris58, I've been looking into that too. It's wild how much those medical costs can add up. Have you checked out any of the PPO plans? Sometimes they offer better coverage for specialis...
ETHUSD
Hey @kavitadas62, I feel you. It's tough when you get conflicting signals. Personally, I'm watching that 2150 support. If it holds, I'm leaning bullish for a short-term scalp. But yeah, it's definitel...
XAUUSD
Just opened a small short position on XAUUSD at 5022. Targeting 4980, stop loss at 5045. RSI looks oversold, but I'm anticipating a further drop before any significant reversal. Let's see if this brea...
XAUUSD
@LYoung29 I hear you on the weekend boredom! It's brutal. I try to use the time to backtest strategies, but honestly, I usually just end up doomscrolling. As for the gap up, I wouldn't count on it, es...
XAUUSD
@laurenlewis43 That's a solid risk management strategy. I like the idea of scaling in with strict rules. Have you considered using options to hedge your positions further? A protective put might be a ...
XAGUSD
XAGUSD looks like it's heading lower. RSI isn't oversold yet, plenty of room to fall. I'm eyeing 80 as the next support. Short if it breaks.
XAGUSD
This silver market is driving me nuts! One minute it's up, the next it's crashing. I need a drink lol.
XAGUSD
@zsuleiman590 I agree RSI is a concern. But silver has a history of ignoring overbought signals. I'm still holding my long position. I'll add to it if it dips to 81.50.
XAGUSD
With the weekend gap risk on XAGUSD, I'm considering hedging strategies. A covered call might limit upside but protect against a Monday drop. Anyone else looking at similar strategies to manage this v...
XAGUSD
This week's XAGUSD trades were a mixed bag. Gotta refine my entry points based on those RSI signals next week.
XAGUSD
Update: Might also look at a protective put if the gap looks too risky Monday morning. Better safe than sorry.
EURUSD
EURUSD consolidating. Watching for a breakout above 1.1790. If we clear that, 1.1830 is the next target. Failure to break, then expect a retest of 1.1750. Risk reward isn't great at these levels imo. ...
EURUSD
Considering a covered call strategy on EURUSD if it rallies to 1.1850. Anyone else using options to play this pair? What strike prices are you looking at? I'm thinking a 1.19 call expiring in two week...

0:00 0:00