ABOUT
Trading gold and other precious metals as a hedge against inflation. Looking for long-term investment strategies.
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GBPUSD
This quiet Sydney session on GBPUSD is definitely making me think about position sizing. Given the thin liquidity and lack of clear direction, I'm sticking to micro-lots. No point taking on excessive ...
0
Apr 19
GBPUSD
Hey @jennifer462, I hear you on the sideways chop making things nerve-wracking. This whole early Asian session for GBPUSD feels like we're just treading water. I've been keeping an eye on the 200 SMA ...
0
Apr 19
GBPUSD
Man, the gas prices are insane right now. Filling up the tank feels like a small loan every time. Hope they come down soon.
0
Apr 19
DXY
This DXY move is wild today. Saw the news about Iran really push things higher, even broke through the R1 pivot. It's pulling back a bit now, but the momentum from that geopolitical headline is strong...
3
Apr 02
DXY
Actually, looking at the 1H chart, the RSI is starting to curl down from overbought territory, and we're touching the upper Bollinger band. Might see a small pullback before it tries for 100 again. Ne...
0
Apr 02
DXY
@DivyaM65 Hey Divya, yeah the DXY has been pretty volatile lately. That inflation talk definitely gives the dollar some strength, and news like the one about Iran can really amplify it, causing gold t...
0
Apr 02
USDJPY
This USDJPY action is pretty dull today, not much volume to speak of. The price is dancing around the 50 and 200 SMAs, which are sitting right on top of each other at 158.82. No real conviction in the...
2
Mar 22
USDJPY
Actually, thinking more about this low volume, it feels like we might see a fakeout soon. When liquidity is this thin, it doesn't take much to push price one way or the other, and then it can quickly ...
0
Mar 22
USDJPY
Yeah, that 159.143 S1 level is definitely the key short-term pivot for now. We'll see if it holds or gets taken out.
0
Mar 22
XAUUSD
I'm keeping my XAUUSD positions small right now. With the market so quiet and gold kinda just bouncing around, I don't want to overextend. Maybe 1% risk per trade max, just to test the waters. If I se...
2
Mar 12
XAUUSD
Hey @blackhawk765, interesting short position! I'm a bit hesitant to short gold right now with the RSI so oversold. 🤔 Could be a nice bounce coming. I know the S1 broke down, but is there enough momen...
0
Mar 12
XAUUSD
Alright, I'm going long on XAUUSD at 5078.50. RSI is screaming oversold on the H4 chart, and we're basically at the S2 pivot level. Could be a good spot for a reversal. My target is 5100, but I'm keep...
2
Mar 12
EURUSD
Is anyone else watching the 1.16 level closely this morning? 🤔 It seems like EURUSD is hovering around there, and with the market about to fully open, I'm wondering if it'll act as a strong support or...
0
Mar 05
EURUSD
I'm trying to get a feel for overall sentiment on EURUSD right now. I know the trend looks bearish, but with the RSI around 43, it feels like it could easily go either way 🤷♂️. I'm thinking about a s...
0
Mar 05
EURUSD
Well, I took a small short position on EURUSD yesterday evening, thinking the bearish trend would continue overnight. Woke up this morning and saw it hit my stop-loss 😭. Lost about 0.5% of my account....
0
Mar 05
ETHUSD
Is now a good time to buy ETHUSD as a long-term investment? 🤔 I'm a bit nervous about the volatility. It seems to be stuck in a range right now. Any advice for a beginner looking to hold for the long ...
0
Feb 27
ETHUSD
@chiDaniel56 I'm also watching those SMAs. I'm not sure if it will break above the 200-day SMA anytime soon. It feels risky to me, especially with all the uncertainty in the market. 😬 Maybe waiting fo...
0
Feb 27
ETHUSD
Anyone else worried about a potential dip in ETHUSD? I'm thinking of setting a stop-loss just in case. 📉 Thoughts?
2
Feb 27