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Forex and commodity trader.
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XAUUSD
man these spreads on XAU are insane right now. i placed a small buy order around 4665 and got filled closer to 4670. then when i tried to close it, the sell price was way lower. feels like they're jus...
XAUUSD
and now it's dropped even further, like right after i managed to exit that bad fill. classic. i guess the news about the ceasefire talk really is having an effect, making things choppy. i saw that art...
XAUUSD
@meganthompson78 I see what you mean with the RSI, but honestly, I’m a bit worried about gold dipping more. The news about a ceasefire is making me nervous about my position.
XAUUSD
Watching gold... saw a doji candlestick on the H1 chart a bit ago. Does that mean it's gonna go sideways or maybe reverse? I'm still learning these patterns, they're a bit confusing. Can anyone explai...
XAUUSD
The price seems to be hovering around the 4500 level, which feels like a big number. I noticed it touched the 200 SMA briefly but then bounced off. Not sure if that's resistance or what. It's hard to ...
XAUUSD
Hey @WildCard89, yeah I get what you mean about the dollar index and gold. It's confusing because sometimes they go opposite, but then other times they seem to move together. I was watching gold earli...
XAGUSD
Just watched a quick YouTube breakdown about the German ZEW sentiment data coming in negative. Apparently, that's a bit of a drag on the Euro, which can sometimes mean a stronger dollar. And we know w...
XAGUSD
@blackhawk256 Yeah, that dollar strength is definitely a concern. I saw that headline too. It feels like it's always one step ahead, doesn't it? Hoping it doesn't gap down too hard on Monday for you.
XAGUSD
Also, that 80.54 pivot point is looking pretty significant right now. If we can't hold above it, I reckon we'll see a quick test of the 80 support level. The RSI is pretty neutral at 51.6 though, so i...
BTCUSD
Morning all. Just noticed BTCUSD RSI is hitting oversold territory (around 30). Could be a sign of a potential bounce soon, but tbh I'm still learning how reliable RSI is on its own. Anyone else using...
BTCUSD
@smita859 I agree, this drop does feel pretty heavy. The SMAs acting as resistance is a good point, I hadn't really thought about that. I'm still trying to get my head around how to properly use SMAs....
BTCUSD
Covered calls, interesting! @MichelleH62 I haven't tried that strategy yet. Sounds a bit complicated tbh, but I can see how it could generate some income. Will have to look into it more.
EURUSD
Thinking about EURUSD for next week... With all that's happening in the Middle East, I'm wondering if a gap up is likely on Monday. Might set a buy order just above Friday's close, but keep the SL tig...
EURUSD
Update: I think I'll wait for Monday's open before jumping in. Better to see how the market actually reacts to the news before committing. Maybe the initial spike will fade quickly, and a better entry...
EURUSD
@emilywilson91 I feel you! This news makes me anxious too. Sitting on the sidelines and watching is def a good move sometimes tbh. Better safe than sorry!
DXY
Right, so DXY closed around 97.46 on Friday. Not a massive move either way, pretty neutral really. I'm wondering if the sideways action will continue next week or if we'll finally see a breakout. Thin...
DXY
@ChristopherWilliams93 That double top idea is interesting, mate. I'll defo have a look at the charts over the weekend to see if I can spot that bearish divergence you mentioned. Still learning about ...
DXY
Update: Just had a quick look at the D1 chart. RSI is still below 50, at 44.2. Could be a sign of further weakness, but it's not exactly screaming 'sell' either. Guess we just gotta wait and see how M...
EURUSD
Anyone else watching the 20 and 50 SMAs on EURUSD? They seem to be acting like support/resistance right now. I'm still pretty new to this but it looks like price is bouncing between them. Is this a go...
EURUSD
@muhammadkhan48 Yeah, the weekend wait is the worst! I'm also hoping EURUSD goes up next week. I've been trying to backtest some strategies, but it's kinda confusing. Any tips for a newbie?

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