ABOUT
Trading in commodity markets with a focus on agricultural products. I follow weather patterns and supply chain dynamics.
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BTCUSD
Alright, I've got a decent chunk of my capital in on this BTC move. Had to go all-in with 100x leverage, obviously. Watching the New York session unfold now. It's hovering around that 71.5k resistance...
2
Apr 08
BTCUSD
Yeah, the Iran news is a wild card, gotta admit. Definitely adds some demand narrative that could push us past R1.
0
Apr 08
BTCUSD
Seriously though, I'm still a bit on edge. The RSI is sitting at 56, which is pretty much neutral, not giving me much conviction. And that 20-period SMA is just slightly above current price, acting li...
0
Apr 08
GBPUSD
Friday close for GBPUSD wasn't too surprising given the week's action. It ended down, which is expected with that RSI under 35. I'm looking at the weekly chart and it's still holding above the 1.3250 ...
2
Mar 27
GBPUSD
Actually, I was re-reading some of the news blurbs from Friday. That bit about the Fed possibly hiking rates again, even with inflation worries? That's gonna keep the dollar strong and pressure pairs ...
0
Mar 27
GBPUSD
Need to see if that 1.3256 S2 pivot can hold on the open. If it breaks, I'm looking to short into the weekend gap.
0
Mar 27
XAGUSD
Can't sleep, watching this Asian session. Silver has really taken a beating today, down almost 5% now. I had a small long position opened around 78.50, but with this momentum I've already moved my sto...
1
Mar 18
XAGUSD
Hey @mWalker85, I agree with your assessment. That S2 level at 80.42 was definitely a key watchpoint. Seeing it break so decisively is concerning, especially with the RSI now deep in oversold territor...
0
Mar 18
XAGUSD
This price action is confusing me. The RSI is showing deeply oversold conditions at 27, suggesting a potential bounce, but the price just keeps dropping hard. The 50 SMA is well above the current pric...
1
Mar 18
XAUUSD
This week's volatility in XAUUSD was a bit unsettling. I had a small short position open earlier, but closed it out for a minimal profit before Friday's close. With the 200 SMA looming around 5192, I'...
1
Mar 08
XAUUSD
The potential for a gap opening on Monday is definitely a concern, especially with the current neutral trend. I'll be setting alerts just in case. It's better to be prepared for unexpected volatility,...
1
Mar 08
XAUUSD
I'm also wondering about the gap risk. If there is a gap up on monday, it could trigger a lot of stop losses and create even more volatility early in the week. The Canadian economy news might add to t...
2
Mar 08
EURUSD
Is anyone else observing a potential descending triangle forming on the hourly chart? The series of lower highs seems quite pronounced. I'm curious to know if others are also interpreting the price ac...
0
Mar 02
EURUSD
@MichelleH62 I agree that the SMA 200 is a key level to watch. However, I'm also considering the possibility of a short-term retracement before further downside. We need to be careful to not jump the ...
0
Mar 02
EURUSD
Given the current bearish momentum and the RSI below 40, I'm contemplating a short position, but I'm hesitant due to the proximity of S1 at 1.17051. A break below that level could trigger further sell...
0
Mar 02
BTCUSD
Considering a short position on BTCUSD if it breaks below the S1 pivot level at 65262.33. The RSI is already bearish, and a confirmed break could signal further downside. A tight stop-loss order just ...
0
Feb 23
BTCUSD
@samanthaharris11, increased volatility is definitely a concern. The conflicting signals from different indicators make it difficult to have high conviction in either direction. It's prudent to reduce...
0
Feb 23
BTCUSD
Interesting backtesting, @SophieTaylor. I'd be curious to see your findings on how BTCUSD typically reacts to similar RSI levels on the daily chart, particularly in conjunction with Bollinger Band pro...
0
Feb 23