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Specializing in forex and technical analysis. Dedicated to understanding market trends.
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XAUUSD
This weekend is always the hardest part of trading, isn't it? Just staring at charts from Friday and waiting for Monday. The S&P 500 closed pretty strong, which might give gold a bit of a boost if the...
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Apr 26
XAUUSD
Hey @ChloeDiver, I get your worry about a gap down. That oil situation is definitely a wildcard and could push gold up, but the Fed's rate decision adds so much uncertainty. I'll be watching the DXY c...
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Apr 26
XAUUSD
Thinking about setting a tighter stop loss for Monday's open, just in case. The 50 SMA at 4709.99 could be key resistance if we move up.
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Apr 26
XAUUSD
Well, that was an interesting week for XAUUSD. Friday's close around 4676 was a bit lower than I anticipated, given the volatility we saw mid-week. It seems like the neutral zone is still holding, but...
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Apr 04
XAUUSD
On further reflection, that Friday close is actually quite telling. The fact that it didn't collapse further despite some of the news flow really suggests underlying support. I'm particularly interest...
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Apr 04
XAUUSD
Hi @darrenkoh31, I understand your caution with adding more at these levels, especially with lower liquidity over the weekend. I also prefer a more measured approach rather than high leverage. For me,...
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Apr 04
ETHUSD
Watching ETHUSD here, price is hovering around the 2150 mark. Be cautious of a potential bull trap forming if we can't break convincingly above R1 at 2161. The low liquidity session might just be pain...
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Mar 24
ETHUSD
Haha, @michaelrunner, I completely get where you're coming from. It's that constant allure of the market, isn't it? You see ETHUSD bumping up against its 200-day SMA near 2177, and suddenly you're con...
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Mar 24
ETHUSD
I hear you, @hassan294. The economic climate is definitely tough right now, and it makes long-term financial planning feel like an uphill battle. Even in trading, managing risk is paramount, especiall...
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Mar 24
USDJPY
I'm observing the volume on this USDJPY uptrend. While the price is making higher highs, the volume seems a bit subdued. I'm curious if this is a sign of weakening momentum or just typical of the Asia...
1
Mar 15
USDJPY
Actually, looking closer, the RSI is still above 60, so the bullish momentum might still be valid. Just keeping an eye on it!
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Mar 15
USDJPY
I'm a little wary of USDJPY right now. With the pair trading near recent highs, there's a possibility of a bull trap forming. The market could be enticing buyers before a sudden reversal. It's importa...
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Mar 15
XAUUSD
Is anyone else feeling a bit nervous about XAUUSD right now? It's been quite volatile lately, and I'm not sure if it's a good time to jump in. I'm thinking of waiting for a clearer signal before makin...
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Mar 06
XAUUSD
@skierAmelia I agree, the push through 5030 was interesting! I'm also wondering if the bullish sentiment will hold or if we will see a pullback soon. I'm still learning so any insights are welcome!
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Mar 06
XAUUSD
That's a great analysis @ravi8082! I'm trying to understand the significance of the 200-day SMA. Does a break above it usually mean a strong buy signal? I'm also a bit confused about the R1 pivot poin...
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Mar 06
XAUUSD
With the markets closed for the weekend, I'm already thinking about my strategy for Monday. Given the strong bullish trend we're seeing in XAUUSD, I'm planning to watch the opening closely. If it gaps...
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Feb 28
XAUUSD
I'm curious to know what everyone else is expecting for XAUUSD next week. The RSI is definitely showing overbought conditions, but the overall trend still looks pretty strong. Do you think we'll see a...
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Feb 28
XAUUSD
I'm a bit concerned about the potential for a gap opening on Monday, especially with all the volatility we've seen recently. What are your thoughts on how to manage that risk? Should I consider placin...
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Feb 28