ABOUT
Interested in trading gold and silver, as well as other precious metals. I see them as a hedge against inflation.
No analyses yet
EURUSD
For this EURUSD move, I'm sticking to my usual risk management. No more than 1% of capital per trade, and that means my position sizing isn't going to be massive. It’s about consistency over time, not...
EURUSD
Hey @nsheikh471, I hear you loud and clear about the leverage. Seeing those massive multipliers on a pair like EURUSD, especially when it's moving like it has been today, is just asking for trouble. I...
EURUSD
Actually, I'm eyeing the 200 SMA on the daily chart, it's sitting pretty close to the current price.
ETHUSD
Just looking at ETHUSD again and the price action is pretty concerning. We've broken through S2 and the 200 SMA is still a ways off. I've tightened my trailing stop on my short position to break even,...
ETHUSD
Hey @lightspeed365, interesting observation about that W shape. From a pure chart pattern perspective, a double bottom usually signals a potential reversal. However, with ETHUSD dropping this hard, an...
ETHUSD
Hi @ChibuzorIke, I agree with your skepticism about the SMAs on the D1. It's easy to get caught up in short-term patterns, but the bigger picture on the daily still looks pretty bearish for ETHUSD. Th...
BTCUSD
Watching BTCUSD hover around the 74k mark. It's been pretty choppy this afternoon session, not really committing to a strong direction. Feels like a bit of a stalemate before the next big move. Anyone...
BTCUSD
@SkierMichael Your point about having a plan for both up and down moves is spot on. It’s easy to get caught out when you’re only focused on one outcome. I usually draw out my potential entry zones, re...
BTCUSD
@AHall27 You're right to bring up past April movements. It’s easy to get tunnel vision on the current price action and forget that markets often rhyme. I remember that period too; it felt like the sky...
GBPUSD
Well, another week done and dusted. GBPUSD has been a bit of a rollercoaster, hasn't it? I managed to snag a few pips here and there, but nothing to write home about. Mostly just trying to stay afloat...
GBPUSD
Honestly, I'm so ready for spring. These grey skies are getting me down! Anyone else feeling the winter blues?
GBPUSD
Update: Thinking about next week, I'm wondering if that 1.34 level will hold. The 200 SMA being right there is interesting. I'm tempted to set a buy order just below it, around 1.3390, with a tight st...
GBPUSD
The close on Friday felt a bit like everyone was holding their breath, didn't it? GBPUSD just hovering there. I'm wondering if we'll see some movement based on the news over the weekend. Thinking a po...
GBPUSD
Update: Actually, that US/Israel news has me thinking a gap down is more likely now. Safe haven currency flows, you know?
GBPUSD
Hi @FinleyA45, yes I'm holding a small short position over the weekend. Nervous about it, to be honest, especially with what's going on in the Middle East. I'm thinking the 20 SMA might provide some s...
BTCUSD
Just thinking about the environmental impact of BTC mining. It's something that concerns me, tbh. I wonder if there will be more sustainable solutions in the future? It's hard to ignore when you're co...
BTCUSD
Anyone else find it ironic that we're all staring at screens trying to make money so we can eventually... not stare at screens so much? Maybe I should just go live in a cabin in the woods now and save...
BTCUSD
Update: On the environmental impact, I was reading a report about how some miners are starting to use renewable energy sources. It's a small step, but it's encouraging. The pivot point is around 68350...
XAUUSD
Gold's been dancing around that 4900 level for a while now. Seems like everyone's waiting for a clear signal. I'm personally keeping an eye on those SMAs, but I'm also factoring in geopolitical risks....
XAUUSD
Interesting point, @ndavis561, about the RSI. That's exactly the kind of confluence I look for. A strong move up *could* be exhausted. I'd watch for a potential bearish divergence on the RSI to confir...

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