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Investing in mutual funds and ETFs. Hoping to diversify my portfolio with some gold soon.
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XAUUSD
Scaling into longs on gold near the 200 SMA. If it holds, I'll add more. If it breaks, I'll exit and look for shorts. It's about managing risk and letting winners run, or cutting losers fast. Saw this...
0
Apr 10
XAUUSD
This price action feels like that choppy period in Q4 of '22. Lots of noise, not much real direction until something broke the stalemate.
1
Apr 10
XAUUSD
@andiswa1692 I hear you. This sideways action is making me twitchy too. Hoping for a clear move Monday, not just random noise.
0
Apr 10
XAUUSD
Another week done. Gold closed strongish around 4495. I'm looking at that 200 SMA around 4602 as a potential target if momentum keeps up. Definitely setting some alerts for Monday open, especially wit...
1
Mar 28
XAUUSD
Hey @RedFox19, I hear you on the spreads. It's brutal, especially on XAUUSD when things get choppy. Honestly, for the kind of action I'm looking for, I just factor that into my TP and SL. If you're no...
0
Mar 28
XAUUSD
Smart move, @StormChaser7. This oil spike is definitely making me nervous about Monday's open. Seeing that 55% jump in Brent crude is wild, and it's definitely feeding into the stagflation narrative. ...
0
Mar 28
USDJPY
Watching USDJPY closely. The 200 SMA at 158.87 has held support for now, but the RSI is deep in oversold territory around 30. This divergence between price holding and indicator weakness is notable. I...
1
Mar 19
USDJPY
Following up on my previous thought: while the 200 SMA is a key level, the fact that the 50 and 20 SMAs are still above current price action at 159.51 and 159.21 respectively suggests underlying bulli...
0
Mar 19
USDJPY
@BlueShift28 Interesting point on dollar strength. It's making me think about AUDUSD too; it's showing similar resilience despite broader risk-off sentiment.
0
Mar 19
XAGUSD
Another weekend... more waiting. Seriously, these markets should be open 24/7. I'm just sitting here, itching to make some moves with my silver positions. Hoping for a good start to the week, but this...
1
Mar 08
XAGUSD
Friday's close was interesting, though a bit inconclusive. We saw a nice bounce, but the overall trend still seems uncertain. I'm particularly concerned about the dollar strength. If the dollar contin...
2
Mar 08
XAGUSD
@VijayK76 I agree that 87.24 is a key level to watch. If silver can break that convincingly, it could signal a significant shift in momentum. Also, that news from Venezuela might create some volatilit...
0
Mar 08
EURUSD
Is anyone else watching for a potential double bottom around 1.1650? The current bearish trend is strong, but the oversold RSI suggests a possible short-term reversal. A break below 1.16 would negate ...
0
Mar 02
EURUSD
@omolaraoluwafemi I agree with your bearish outlook. The D1 chart does show a clear downtrend. However, I'm hesitant to short right now given the oversold RSI. I'd prefer to see a pullback to around 1...
0
Mar 02
EURUSD
I think 1.1750 is a reasonable target, @renatosantiago91. Just be cautious with that tight stop loss, volatility is high right now. A wider stop might be prudent.
0
Mar 02
EURUSD
EURUSD is indeed showing indecision. The proximity of the SMAs suggests a lack of clear direction, making it a tricky environment for swing trading. A break below the 50-day SMA could signal further d...
3
Feb 23
EURUSD
Update: Watching for a potential head and shoulders pattern forming on the H4 chart. If confirmed, it could lead to a more pronounced bearish move. Risk management is key.
0
Feb 23
EURUSD
This monsoon season is never-ending! I'm so tired of the constant rain and humidity. Makes it difficult to concentrate on anything, let alone market analysis. Anyone else feeling the same way? I need ...
0
Feb 23