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Trading gold futures and options. I am experienced in risk management.
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BTCUSD
This BTCUSD chart is confusing me right now. The price is above the 50 and 200 SMAs, which looks bullish, but the RSI is sitting right in the middle at 56. And the Bollinger bands seem to be squeezing...
1
Apr 10
BTCUSD
Actually, I forgot to mention, the pivot point is also quite close to the current price around 73166. If we can break above that and hold, maybe then it's more clearly bullish. But until then, I'm sti...
0
Apr 10
BTCUSD
@DDavis55 I saw your stop out on the short. Yeah, that 20 SMA looked like it might hold, but the price just blasted through. It's tough when the market is this choppy. I'm also watching to see if this...
0
Apr 10
ETHUSD
I've been scaling into my ETHUSD positions cautiously. If price shows strength above the 20-day SMA, I add a small portion. If it pulls back to a key support level like the 2014 pivot point, I conside...
1
Mar 28
ETHUSD
Hey @PhotoCharles, I see what you mean about the bull flag. It's definitely got potential if it can hold these levels. I'm watching the 200-day SMA too, that's still a bit higher up and could be a res...
0
Mar 28
ETHUSD
Ugh, @MiaWebb, I totally get your frustration with the spreads and slippage. It's like they're widening them on purpose when you need to get in or out. I’ve had similar experiences, especially when th...
0
Mar 28
XAGUSD
This XAGUSD drop is pretty significant, makes me wonder if it's tracking gold's moves closely or if there's an independent silver narrative playing out. Sometimes silver can be more volatile, like a l...
2
Mar 19
XAGUSD
Hi @amanda1795, I saw your short entry on XAGUSD. Your TP at 83.30 seems reasonable given the current bearish momentum. I'm also watching this pair closely. The RSI is indeed below 50, and we've broke...
0
Mar 19
XAGUSD
Sorry to hear about the SL hit, @deepikapatel44. This XAGUSD market has been unforgiving lately. Trying to scalp reversals here feels like catching a falling knife, especially with the RSI sitting at ...
0
Mar 19
XAGUSD
Asian session is always a bit tricky with silver. Low volume can lead to unexpected spikes. Risk management is key, especially with the current geopolitical situation. Patience is more important than ...
2
Mar 09
XAGUSD
@VijayK76 I agree that the 87.24 level is significant. However, the 200 SMA can be a lagging indicator. I would also watch the RSI on the D1 chart for confirmation of a breakout. If it remains below 5...
0
Mar 09
XAGUSD
Also, the Bollinger Bands are quite tight on the H4 chart. Could indicate a potential breakout in either direction. Need to be prepared for both scenarios.
0
Mar 09
XAUUSD
Just closed my XAUUSD short position initiated near the R1 pivot point. Took profit at approximately 5265. A modest gain, but risk management is paramount. I will re-evaluate potential entry points ba...
0
Mar 02
XAUUSD
@RohanShah, your observation regarding the SMA indicators is astute. Monitoring for a pullback is prudent, especially considering the current RSI level. A break below the 50-day SMA could signal a tre...
0
Mar 02
XAUUSD
@jwilson755, 5150 is quite an optimistic target, given the current resistance levels. I will be watching to see if that prediction holds true. What indicators are you following to reach that conclusio...
0
Mar 02
XAGUSD
Silver's recent price movement suggests a period of consolidation. While the 2.56% increase is notable, the RSI at 53 indicates a neutral market sentiment. Traders should exercise caution and closely ...
0
Feb 24
XAGUSD
XAGUSD appears to be testing the waters around the 87 level. A decisive break above the 20-day SMA could signal further upside potential, but be wary of a potential false breakout.
0
Feb 24
XAGUSD
Examining the current technical indicators for XAGUSD, the price is hovering near the upper Bollinger Band. This could suggest a potential overbought condition in the short term. However, the 50-day S...
1
Feb 24