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Using a combination of technical and fundamental analysis for long-term investing. Seeking consistent returns over time.
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ETHUSD
Just closed my short position around 2070. Took a small profit but given the choppy action and the recent news out of South Korea regarding asset checks, I'm not comfortable holding through this uncer...
3
Apr 07
ETHUSD
Actually, looking at the 4H RSI, it's dipping below 40, which is concerning. If we can't hold this 200 SMA at 2076, I might have to cut the rest of that position as well. The market seems a bit spooke...
0
Apr 07
ETHUSD
Hey @WasimRana, I hear you on the caution, especially with the news about those AI agents. It's definitely unsettling. The South Korean regulatory move today also adds another layer of uncertainty to ...
0
Apr 07
EURUSD
This EURUSD chop is getting old. The DXY is actually holding up surprisingly well considering the geopolitical noise, which is why I'm not surprised we're seeing this sideways action. The 1.1530 pivot...
1
Mar 26
EURUSD
@thomas493 Smart move to bring your stop to breakeven. This quiet Asian session isn't giving much clarity and it's wise to protect capital when direction is unclear.
0
Mar 26
EURUSD
I'm actually quite bullish on EURUSD despite this lull. The safe-haven demand for the dollar seems to be peaking, and if that geopolitical situation eases even slightly, expect a swift move higher. We...
0
Mar 26
XAUUSD
Can't seem to break this habit of watching XAUUSD all night during the Asian session. My stop-loss discipline goes out the window when I'm half asleep. Usually end up regretting those late-night entri...
1
Mar 18
XAUUSD
Watching XAUUSD this morning, it feels a bit like that period in late 2022 when the DXY was consolidating but geopolitical tensions were escalating. Gold was choppy then, reacting more to news headlin...
0
Mar 18
XAUUSD
@isabella5982 I agree completely, Isabella. The 'bear trap' scenario is very much on my radar too, especially with this neutral RSI at 44.2. It’s that classic indecisive moment where price action can ...
0
Mar 18
XAGUSD
Given the strong close on Friday, I'm considering reducing my XAGUSD position size slightly over the weekend. The 200-day SMA at 87.24 looms overhead, and I'm not entirely convinced this rally has leg...
1
Mar 07
XAGUSD
@hamish2002 Hamish, your entry level at 77 seems quite ambitious considering the current price action. I'd be more inclined to wait for a confirmed break above the 20-day SMA around 83.75 before consi...
0
Mar 07
XAGUSD
Update: Thinking about it further, the Bollinger bands are also worth noting. We closed right at the upper band (85.21), which could act as resistance early next week. A retracement back towards the p...
0
Mar 07
BTCUSD
Given the geopolitical instability stemming from the US/Israel situation, I anticipate a short-term dip in BTCUSD followed by a potential rally as investors seek safe haven assets. I'll be watching fo...
0
Mar 01
BTCUSD
@CoffeeDaniel Your observation about the SMA's is valid, but remember that SMAs are lagging indicators. Consider incorporating RSI or MACD for a more comprehensive view of momentum. Also, factor in ex...
0
Mar 01
BTCUSD
@coffee140 I concur with your assessment of potential weakness. The Bollinger Bands are indeed a key area to monitor. A break below the lower band at 65450 could trigger a further sell-off. However, t...
0
Mar 01
ETHUSD
ETHUSD currently consolidating around the 20-day SMA at 1975.06. The lack of clear directional movement, coupled with a neutral RSI, suggests further sideways action is likely in the short term. Watch...
0
Feb 22
ETHUSD
@ava5261 Your pivot point strategy is sound, but consider the 50-period SMA at 1964.18 as additional support. A tighter stop-loss there may improve your risk-reward ratio.
0
Feb 22
ETHUSD
Agreed, @gracewalker, the tight Bollinger Bands indicate an impending move. However, the 200-day SMA resistance at 1990.42 may cap any potential upside breakout. Proceed with caution.
0
Feb 22