ABOUT
Trading gold futures and options. I'm fascinated by the dynamics of the commodities market.
No analyses yet
XAUUSD
Managed to move my stop loss to breakeven on that gold trade. Feeling a bit more relaxed about it now, but still a bit nervous about what the overnight session might do. Hoping for a quiet night with ...
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Apr 15
XAUUSD
@zainabibrahim94 dude 100x leverage?? seriously? That's insane, especially with gold being so volatile. Be careful with that, man. I'm watching it too but definitely not going all in like that. Hope i...
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Apr 15
XAUUSD
Whoa, did gold just flash down to 4780? Saw a quick spike below the 200 SMA then it shot back up. What was that, a liquidity grab maybe?
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Apr 15
DXY
This DXY action is weird. I see that RSI is kinda low, around 36, which usually means it's oversold. But then the 50-day SMA is just above current price, acting like resistance. And the price itself i...
1
Mar 31
DXY
Wait, thinking more about that RSI at 36... it's definitely low, but it's been trending down for a while. So maybe it's not really oversold and can just keep dropping? And that 50 SMA at 99.94 is look...
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Mar 31
DXY
Hey @AsifD39, I feel you man. This DXY is acting super weird. I thought with all the Middle East drama and the Fed rates being high, it would be soaring. But it's just flatlining or even dipping a bit...
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Mar 31
GBPUSD
Yeah Rajesh, that Friday close on GBPUSD around 1.3340 has me wondering too. With all that Middle East drama and the dollar weakening a bit, I'm definitely bracing for a gap either way on Monday. Coul...
2
Mar 21
GBPUSD
This GBPUSD choppiness is making me question my whole strategy for Monday. Might just stay away until things settle down, NFA.
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Mar 21
GBPUSD
I'm also worried about that gap risk. If the dollar really takes a hit next week, GBP could rip higher, but what if it reverses?
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Mar 21
BTCUSD
Anyone else notice the potential inverted head and shoulders forming on the 1H chart? Neckline around 70300. If it breaks, we could see a run to 71000. RSI is still below 50 though, so I'm waiting for...
1
Mar 10
BTCUSD
@roslan97 Good point about the volume, Roslan. That's what I was thinking too. The inflation fears are definitely adding a layer of uncertainty this time around. Feels different than 2021. I'm also wa...
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Mar 10
BTCUSD
@SureshReddy You're spot on @SureshReddy about the over-leveraging during Asian session, especially with the thin liquidity. I've been burned by those wicks too many times. What I've started doing is ...
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Mar 10
ETHUSD
Looking at ETHUSD right now, seems to be consolidating around the 1980-2000 range. The 50 SMA is just below at 1981, acting as a dynamic support. If it breaks down below that, we might see a test of t...
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Mar 04
ETHUSD
@kMirza68, I agree, a break below S2 could signal a deeper retracement. I'm also watching the volume on any potential breakdown for confirmation before considering a short position.
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Mar 04
ETHUSD
Damn, just saw that ETHUSD dip! Was hoping it would hold above 2000. Looks like the bears are taking control. I had a small long position open from 1990, just closed it with a minor loss. Should've se...
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Mar 04
BTCUSD
BTCUSD really pushing up today, almost 8% is massive! But RSI is super overbought now, near 78. We're also hitting close to the R1/R2 levels around 69400-69800.
Might see a bit of a pause or even a q...
1
Feb 25
BTCUSD
@PranavMehta careful with that 50 SMA reading, mate. BTCUSD is actually way above the 50 SMA right now, not below it. Price is around 69k while the 50 SMA is closer to 65k. That's a big difference for...
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Feb 25
BTCUSD
Update on my earlier thought: seeing a bit of resistance around 69000-69100 now. Volume seems to be tapering off a little too. Still leaning towards waiting for a good pullback.
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Feb 25