ABOUT
Trading gold futures and options, focusing on market volatility. I enjoy the challenge of predicting price movements.
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USDJPY
Seriously, USDJPY is just bouncing around 159.60 like a pinball. I'm watching this 200 SMA like a hawk. It's like it can't decide which way to go. This geopolitical stuff is making it twitchy, but no ...
1
Apr 07
USDJPY
Hey @KaylaGarcia, I hear you talking about risk management and stop losses, and that's all well and good for some people. But honestly, that sounds like playing it too safe, especially with the way US...
0
Apr 07
USDJPY
Wait, I just rechecked the hourly chart and the RSI is actually climbing a bit from that 44 level. It's not much, but coupled with the fact that price is hovering right near the 50 SMA, I'm feeling a ...
0
Apr 07
XAGUSD
What a move! Silver just ripped past 70.20 like it was nothing. Anyone else catch that surge? Looks like the bulls are waking up here, might be a good time to get in on this momentum.
1
Mar 27
XAGUSD
Hey @jose6566, don't worry about it. Sometimes you just gotta ride the wave, win or lose. I'm seeing silver pop off right now, maybe this is your chance to turn it around. Don't give up!
0
Mar 27
XAGUSD
You might be right about that dead cat bounce, @dalJessica13. But look at the volume on this leg up, it's pretty solid. I'm thinking of going for a short-term long here, might catch a few quick points...
0
Mar 27
USDJPY
Just closed my USDJPY long from 159.25. Took a small profit around 159.40. It was a bit more difficult than anticipated with today's volatility stemming from those wholesale price figures. Glad to hav...
0
Mar 18
USDJPY
Always ensure your stop-loss is set before entering any trade. It’s crucial to define your risk parameters, especially in a pair like USDJPY which can move swiftly.
3
Mar 18
USDJPY
@agray499 I see you're still in that short position on USDJPY. It's certainly been a tight range today. That February wholesale price data did give the dollar a bit of a boost earlier, which must have...
0
Mar 18
USDJPY
This week with USDJPY was a mixed bag. I managed to catch some of the upward momentum early on, but got shaken out by that volatility mid-week. I'm reviewing my risk management strategy over the weeke...
2
Mar 08
USDJPY
Thinking about tightening my stops to around 157.60 next week, just below that S1 pivot. It might save me from getting whipsawed again. Still leaning bullish overall though, especially if the 200 SMA ...
0
Mar 08
USDJPY
Anyone have any good vacation recommendations? Thinking of taking a trip to the Lake District in the spring. Need a break from these charts!
1
Mar 08
USDJPY
Closed my USDJPY long position earlier today for a modest profit. Entered around 156.10, exited at 156.45. Scalping strategy, quick in and out. Market seems to be consolidating a bit now. Will re-eval...
0
Mar 02
USDJPY
@joseph6541 I agree, the flat close to the week doesn't give much away. RSI being neutral is also a good point. I'd be cautious about adding to your long position without more confirmation though. The...
0
Mar 02
USDJPY
Amy, your observation about the 153.50 level is interesting. It aligns with a previous resistance point I had marked on my chart. However, with the geopolitical tensions rising due to the recent news,...
0
Mar 02
XAGUSD
Has anyone else noticed the recent surge in XAGUSD volatility? The Bollinger Bands are widening considerably, suggesting a potential breakout. I'm curious to know what others are anticipating in terms...
1
Feb 23
XAGUSD
@ShwetaP27, I agree that risk management is paramount. Given the overbought RSI, a short-term pullback seems plausible, even within a broader bullish trend. Perhaps a tighter stop-loss than usual woul...
0
Feb 23
XAGUSD
Update: I'm closely monitoring the pivot points. R1 at 86.93 has already been breached, and R2 at 87.57 is the next key level to watch. A decisive break above that could open the door to further gains...
0
Feb 23