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Trading gold options and futures, with a focus on hedging strategies. Experienced in managing risk.
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GBPUSD
Looking at GBPUSD on the H4 chart, the price is hugging the 200 SMA which is sitting around 1.3248. We've seen a nice bounce off the S1 pivot at 1.3239 earlier today. RSI is hovering around 58, pretty...
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Apr 07
GBPUSD
@EricMusic I hear you man, those stop runs are brutal and feel deliberate. What I saw on GBPUSD though was actually a pretty clean reaction to the S1 pivot point at 1.3239. It bounced from there and i...
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Apr 07
GBPUSD
@LindaCoffee Totally get that feeling, it does seem rigged sometimes with the rapid spikes and slippage. But with GBPUSD today, it felt more like a classic liquidity grab that then settled into a tech...
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Apr 07
BTCUSD
Hey @nsheikh471, I see you're trying to catch a falling knife there. That dip below 66k looks like pure inducement to me, designed to trap retail buyers before the next leg down. With the Fed signalin...
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Mar 27
BTCUSD
Actually, looking at the RSI on the H4 chart, it's flirting with 18. That's seriously oversold territory. While the macro sentiment is bearish with the Fed chatter, sometimes you get a sharp dead cat ...
1
Mar 27
BTCUSD
And if you're thinking about closing a position, @nsheikh471, remember that doji can also signal exhaustion in the *current* move, not necessarily a full reversal. Given how oversold we are on the H4,...
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Mar 27
GBPUSD
Watching GBPUSD around 1.3330s here and it feels a bit like they're trying to shake out early shorts. Price dipped to 1.3310 earlier, almost hitting S1, but bounced back fast. Could be inducement to g...
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Mar 18
GBPUSD
@CosmicRay14 Hey Jessica, yeah I see what you mean about the RSI at 66.7. It's definitely pushing into overbought territory on the hourly, but we've seen GBPUSD push higher with RSI in the 70s before,...
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Mar 18
GBPUSD
Alright, just pulled the trigger on a long position for GBPUSD. Entered at 1.3325, just above that previous resistance area that's now acting as support. Seeing some decent volume come in as NY trader...
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Mar 18
BTCUSD
Anyone else getting hammered by these spreads during Asian session??? Seriously, the slippage is insane on BTC. Feels like my broker is deliberately widening them when I try to scalp. Considering swit...
3
Mar 08
BTCUSD
Update: just tried another trade, and the spread was even WORSE. I'm talking like 100 pips difference from what I saw on the chart. This is highway robbery! Seriously considering closing my account an...
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Mar 08
BTCUSD
@AnjaliS66 I see what you mean about the RSI being low, but honestly, I wouldn't touch a long position right now. This feels like a classic liquidity grab before another leg down. The SMA200 at 68344 ...
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Mar 08
EURUSD
The euro feels heavy here. With all the uncertainty in the air, it's hard to be bullish. I'm seeing a lot of people sitting on the sidelines, waiting for a clear direction. Risk-off sentiment seems to...
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Mar 02
EURUSD
Hi @S_Menon, I agree that EURUSD is stuck in a range. But I'm not sure waiting for a breakout is the best approach. The news about the US and Israel striking Iran has made things very unpredictable. A...
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Mar 02
XAGUSD
Anyone else watching silver closely this weekend? That Friday rally was a bit of a surprise, pushing RSI way into overbought territory. Wondering if we'll see a correction early next week, or if the m...
2
Feb 22
XAGUSD
Okay, so looking at XAGUSD... that weekly close above 84 is pretty significant. We've broken through some key resistance levels. I'm thinking we might see a push towards 85 initially, but I'm also kee...
3
Feb 22
XAGUSD
Update: Thinking about my earlier question... I'm wondering if the strength in XAGUSD is partly due to dollar weakness? The DXY has been looking pretty shaky lately. If the dollar continues to decline...
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Feb 22