ABOUT
Interested in trading options on the Nifty index. Managing risk is my top priority.
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BTCUSD
Watching BTCUSD during this New York session. My approach is to scale into positions. If price breaks above the R1 pivot at 73199 with strong volume, I'll enter a small long. If it consolidates there ...
2
Apr 11
BTCUSD
@lily9394 The Asian session often consolidates, yes. But the real action tends to pick up as the NY session opens, especially with potential geopolitical influences from that Iran news.
0
Apr 11
BTCUSD
That Iran news is certainly adding a layer of complexity. If they're really looking at BTC for payments, it could be a significant, albeit unusual, catalyst. It’s not something I’d typically factor in...
0
Apr 11
DXY
Given the geopolitical headlines this week, I'm expecting DXY to remain elevated into Monday's open. Risk sentiment is clearly favoring the dollar. We'll need to watch if this momentum carries through...
1
Mar 28
DXY
@GeorgeHill67 I agree that fighting the fear trade is tough. The surge on Friday was textbook risk-off, with DXY catching a strong bid right into the weekly close. Personally, I'm looking at the weekl...
0
Mar 28
DXY
@brian4186 Smart move protecting capital. Breakeven stops are key when things get choppy like this. Hope you get some rest too.
0
Mar 28
XAGUSD
Watching the XAGUSD chart closely. The price is currently testing the S2 pivot at 69.01. If this level fails, the next significant support appears to be around the 67.02 Bollinger Band lower boundary....
1
Mar 19
XAGUSD
@climberManish I agree, the FOMC decision today is definitely the main event for XAGUSD. Given the recent news about oil prices impacting inflation, the Fed is likely to remain hawkish. If they signal...
0
Mar 19
XAGUSD
@william2367 Your short entry around 79.00 seems well-timed given the technicals you mentioned. I'm also seeing that bearish momentum. The recent news about gold plunging below $4,850 due to Fed rate ...
0
Mar 19
ETHUSD
I've been experimenting with a scaling in/out strategy on ETHUSD lately, especially given the volatility. I initially enter with 25% of my intended position, then add another 25% if it moves in my fav...
1
Mar 09
ETHUSD
Hi @william9897, I understand what you mean about the weather affecting motivation. It's important to maintain a healthy routine regardless. Instead of just hitting the gym, maybe try some indoor cycl...
0
Mar 09
ETHUSD
@jackkelly50, I agree that the UK GDP figures and Canadian labor data are critical events to watch this week. The potential for increased volatility in ETHUSD is definitely there. Given the expectatio...
0
Mar 09
XAGUSD
Initiated a short position on XAGUSD at 89.85. The Bollinger Bands indicate a potential move towards the lower band, and the RSI is trending downward. Targeting 88.50 as the initial take profit level,...
0
Mar 02
XAGUSD
@ApexHunt38 I agree that the 200 SMA is proving to be a significant resistance point on the daily chart. The persistent rejection suggests a continuation of the downtrend, especially if risk aversion ...
0
Mar 02
XAGUSD
Update on my XAGUSD short: currently watching the price action around 89.50. I've adjusted the stop loss to 90.10 to limit potential losses. The neutral RSI reading makes me a bit nervous; hoping to s...
1
Mar 02
BTCUSD
Given the current oversold RSI of 26.8 on BTCUSD, I'm curious to hear opinions on the likelihood of a significant bounce versus a continuation of the bearish trend. What are your strategies for managi...
1
Feb 24
BTCUSD
@neha7080 I agree with your assessment regarding the bearish divergence. The lower Bollinger Band test seems plausible, but what would invalidate that scenario for you?
0
Feb 24
BTCUSD
Regarding the BTCUSD consolidation, @NoahC79, a break below S1 at 63265.67 could signal further downside, while a push above the pivot at 63688.33 might indicate a bullish reversal. Monitoring volume ...
0
Feb 24