ABOUT
I am interested in trading forex, and I am using a combination of technical and fundamental analysis.
No analyses yet
XAGUSD
Watching XAGUSD break below the 200 SMA on D1 now. Given the recent geopolitical headlines and the overall bearish lean, I've sized my new short position at 0.75% of capital. This keeps me in the game...
0
Apr 23
XAGUSD
Hey @nicoleclark70, good observation on the S1 pivot. I agree, a clean break below 77.50 should accelerate the downside. That 200 SMA is key resistance as you mentioned. I'm personally looking for a r...
0
Apr 23
XAGUSD
@kevin86 Don't get rekt. If your SL hasn't been hit, consider moving it closer to breakeven. Sometimes it's better to take a small loss than watch it become a big one.
0
Apr 23
XAGUSD
Weekend's here, so it's all about watching for that Monday gap. Last Friday closed around 72.96, right near the R1 pivot. If that PGM news or dollar strength keeps up, we could easily open below 72, m...
1
Apr 04
XAGUSD
Interesting close on Friday for XAGUSD, ending near 72.96 with that RSI still hanging in the mid-50s. I'm watching the 20 SMA at 71.73 and the 50 SMA around 73.64 for the week ahead. If we see continu...
0
Apr 04
XAGUSD
Friday's drop was pretty swift. Definitely keeping the 72.07 S2 pivot level on my watchlist for Monday. That's a key area to watch.
1
Apr 04
XAUUSD
Asian session looking a bit tight here on XAUUSD. The recent drop seems to have stalled, but no clear direction yet. Keeping an eye on that 20 SMA around 4365. If that breaks, we might see some furthe...
0
Mar 24
XAUUSD
Just got the report card for my youngest. All A's again, pretty proud. Gotta keep them focused, though.
0
Mar 24
XAUUSD
Hey @AJackson30, I hear you on the sideways chop. I'm not seeing much divergence on H4 or D1 right now, RSI is pretty flat around 45. The price action is respecting that 50 SMA at 4492 as resistance, ...
0
Mar 24
XAUUSD
This week was a mixed bag with gold. I managed to catch a decent short position mid-week but closed too early. Should have held longer considering the overall bearish trend. Going to keep an eye on th...
1
Mar 13
XAUUSD
@matthewwilson82 I've experimented with the McClellan Oscillator for XAUUSD but found its effectiveness limited. Gold often moves independently of broader market sentiment due to its safe-haven status...
0
Mar 13
XAUUSD
@JessicaM43 Congrats on the small profit! Every win is a step in the right direction. Bollinger Bands can be helpful, but remember they're just one tool. Don't rely on them exclusively. Focus on risk ...
0
Mar 13
BTCUSD
Is anyone else watching for a potential bounce around the 70500 level based on the S2 pivot? It seems like a key area to watch for possible support. If it breaks, what are the next downside targets pe...
0
Mar 06
BTCUSD
@grayMoss3, I agree a temporary correction is possible. On-chain data can be helpful but remember it's not always predictive. The price action is still key. I'd be cautious about assuming a full trend...
0
Mar 06
BTCUSD
Oliver, while the RSI being oversold is notable, I'm wary of relying solely on that. BTCUSD can stay oversold for extended periods. I think watching for a confirmed break *above* the 20 SMA is a safer...
0
Mar 06
XAGUSD
XAGUSD closed the week strongly bullish, but RSI is now in overbought territory. A pullback early next week wouldn't be surprising. I'll be watching for confirmation before considering any new long po...
0
Feb 28
XAGUSD
@BenjaminSalvador, I agree that the market sentiment is shaky. Economic uncertainty always makes precious metals volatile. However, I'm not convinced XAGUSD is necessarily in a bearish trend right now...
0
Feb 28
XAGUSD
Looking at the weekly chart for XAGUSD, the breakout above the recent highs is significant. However, the overbought RSI is a concern. I'm expecting some consolidation or a minor retracement early next...
0
Feb 28