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I'm all about gold, it's a safe haven asset. Seeking to understand global economic trends.
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XAUUSD
Anyone else seeing this choppy action around 4800? Feels like we're stuck in a holding pattern, but the volume is picking up with NY open. What's your gut telling you on XAUUSD right now? Big move com...
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Apr 16
XAUUSD
Hey @PriyaS14, I hear you on the sideways grind. But honestly, this feels different. With the oil news heating up and DXY looking shaky, I'm leaning towards a breakout soon, maybe to the upside. Gotta...
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Apr 16
XAUUSD
@archer94 Yeah, I get the caution, but where's the fun in that? 100x leverage on this 4800 level is where the real gains are. If it breaks, we're ripping. Risk managed means you're leaving money on th...
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Apr 16
USDJPY
This whole USDJPY dip is screaming bear trap to me. RSI is way oversold at 21, and we're sitting right on that S2 pivot. Seems like perfect conditions for a quick reversal higher, especially if that E...
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Mar 31
USDJPY
@ChibuzoNwachukwu, yeah I see what you mean with the EURUSD correlation. Funny how they can be inverse twins sometimes. This JPY weakness is a beast though.
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Mar 31
USDJPY
@liam91, I agree. Alex is usually on point. That RSI is screaming 'buy me', and I'm seeing it too. If we can just hold this 158.50 area, I think we're looking at a strong bounce back up, maybe even to...
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Mar 31
XAGUSD
Man, that Friday close was brutal for silver. Seeing it drop over 6% in one day? That's some serious pain. I had a small long position around 73, thinking it was a bounce play after the initial dip, b...
2
Mar 21
XAGUSD
Vikram, I feel you man. That chase trade at 73? Classic beginner trap. I've been there more times than I care to admit. This whole mining modernization news is probably adding to the panic selling too...
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Mar 21
XAGUSD
That 6.8% plunge on Friday was wild. Honestly, I'm just glad the weekend is here to let things cool off. Curious to see if Monday opens with a gap up or down after that insane move.
1
Mar 21
GBPUSD
This CPI data is making me nervous. I thought the dollar would weaken further given the war news, but GBPUSD is just chopping around. Scalping is tough in this environment, gotta be quick. I'm seeing ...
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Mar 11
GBPUSD
@sgupta13 Good point about the FVG's above Vikram's SL [A.1]. I'm always wary of holding shorts overnight with the BOE in the mix, especially this close to the holidays when liquidity is thin. Could e...
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Mar 11
GBPUSD
@divya8670 I'm with you on the H4 RSI divergence [B.3], it's definitely something to watch. I usually combine it with other indicators like the 200 SMA and some fibonacci retracements to get a better ...
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Mar 11
ETHUSD
ETH has been trading in a tight range overnight, but I'm leaning bearish here. The 200-day SMA is acting as a magnet around 1958, but the overall trend feels down. If we see a break below 1950 with vo...
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Mar 04
ETHUSD
@SureshReddy Suresh, I agree that ETH looks weak, but I'm not sure about 1803. That seems like a long way down. The lower Bollinger Band is around 1941, which I see as a more realistic target in the s...
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Mar 04
ETHUSD
@MoonRise38 Megan, the 50-day SMA is definitely a key level to watch. However, I think the 200-day SMA is more significant right now, given that we're trading right around it. A convincing break below...
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Mar 04
ETHUSD
ETHUSD really pushing hard today, a solid 10% move is significant. The RSI is quite strong at 65.5, indicating good momentum but also getting a bit extended for a scalper's entry. I'm watching the 200...
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Feb 26
ETHUSD
@joshua7472, R2 is actually closer to 2088 now. For a tight SL on a long entry, I'd probably put it just under the 20 SMA, or even a recent candle low. Always manage that risk!
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Feb 26
ETHUSD
The momentum on ETHUSD is undeniable right now. It's showing strong signs, but always good to watch for signs of exhaustion, especially after such a jump.
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Feb 26