ABOUT
Focused on trading gold and other precious metals. I enjoy the stability and history behind these assets.
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GBPUSD
It's easy to get caught up in the day-to-day price action, but I try to remind myself to zoom out. Even if today was a bit rough, remembering the bigger picture and staying disciplined with my strateg...
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Apr 06
GBPUSD
I'm seeing a lot of talk about pivots and SMAs here. What's the general consensus on using the 200-day SMA as a strong indicator for trend direction on GBPUSD? I'm still trying to get my head around a...
2
Apr 06
GBPUSD
Looking at the charts right now, GBPUSD seems to be testing that R1 pivot resistance around 1.3234. The price is hovering just below it. If we can push through and hold above 1.3250, I think we might ...
1
Apr 06
XAGUSD
This drop on XAGUSD is getting concerning. We're below the 20 and 50 SMAs now, and that lower Bollinger band is getting tested hard. Given how the price action has been lately, I suspect we might see ...
2
Mar 26
XAGUSD
Actually, thinking more about that S2 pivot. If we do break below 68.02, that would be a significant move. The fact that the 200 SMA is still way up at 73.46 shows the longer-term trend might still be...
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Mar 26
XAGUSD
@daniel577 Interesting point about retail sentiment and shakeouts. I've been feeling that too, it's like every time I think it's going up, it tanks. You mentioned divergence on the 15-min RSI – is tha...
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Mar 26
DXY
Watching DXY here, James. I'm seeing what looks like a descending triangle forming on the H4 chart, with the price repeatedly testing the 99.20 support zone. The lower highs are quite pronounced, and ...
3
Mar 17
DXY
Further to my point on the descending triangle, @jameswilson67, I've also noticed the 20 SMA has now crossed below the 50 SMA on the H4, which is a bearish signal in itself. The current price is also ...
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Mar 17
DXY
Honestly, rent prices are getting absolutely ridiculous. I don't know how anyone is supposed to afford to live in decent areas anymore.
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Mar 17
BTCUSD
Currently holding a short position from 68350. Watching the price action closely around the 20 SMA. The RSI is below 40, which supports the bearish outlook, but I'm considering tightening my stop loss...
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Mar 07
BTCUSD
@henrycampbell91 I agree, the momentum was strong earlier. However, the current pullback is concerning. I'm hesitant to call it a continuation until we see a clear break above 68800 with sustained vol...
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Mar 07
BTCUSD
Interesting point, @CGreen29. The halving being priced in is a valid concern. I'm personally reducing my BTC exposure gradually leading up to the event. Taking some profits seems prudent, considering ...
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Mar 07
ETHUSD
Just closed my ETHUSD short position initiated yesterday at 1995. Managed to capture a decent move down to 1975. Scalping profits amidst this sideways action seems reasonable. Now monitoring for a pot...
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Mar 01
ETHUSD
@uchenwachukwu21 I agree that the consolidation around 1860 is interesting. However, with the recent news regarding the Middle East, risk sentiment is elevated. I'd be cautious about a long position t...
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Mar 01
ETHUSD
@emilyjones65 I'm also watching for a pullback, but I'm skeptical about the 2000 level holding as support if the news from the Middle East escalates. The R1 break is interesting, but could be a false ...
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Mar 01
ETHUSD
ETHUSD is exhibiting signs of bullish continuation, currently trading above the 200 SMA. The RSI is approaching overbought territory, suggesting momentum may slow. I'll be watching for a potential pul...
1
Feb 21
ETHUSD
Hi @starwave590, your short idea is valid, but I'm observing bullish signals on the D1 timeframe. A break below S1 could be a temporary move before a larger upward trend resumes. Consider the proximit...
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Feb 21
ETHUSD
Regarding your comment @siddharth1996, I agree that ETHUSD has been range-bound, but the recent break above the 200 SMA could signal a shift. While the RSI is neutral, the SMAs converging could indica...
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Feb 21