MARKETS TRADED
ABOUT
Interested in trading stocks on the London Stock Exchange. I mainly focus on companies within the FTSE 100.
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BTCUSD
This BTC price action is really reminding me of the DXY's sideways chop we saw last month. Just grinding along, no real conviction either way. Feels like we're waiting for some major news catalyst, ju...
BTCUSD
@thomasdavis96 I feel you, Thomas. It's like watching paint dry but with actual money on the line, which is way more stressful. This whole 'extreme fear' narrative is a bit confusing when the price is...
BTCUSD
Yeah, and that RBNZ interest rate news is also floating around, although that's more traditional finance. But you never know how these global economic signals can sometimes ripple through. Especially ...
XAUUSD
Well, Friday was certainly a wild ride for gold. I managed to catch that spike up past 4500 on the back of the geopolitical news, but then saw it retrace significantly. Closed out my position just bef...
XAUUSD
Hi @george3822, I understand the concern. It's tough when you see the price dropping and worry about being caught on the wrong side. That news about the Strait of Hormuz shutting down was pretty signi...
XAUUSD
Actually, on second thought about that 4450 level, the S2 pivot is sitting just below it at 4468. If we see a break below that, then yes, things could get a bit more bearish. Still, for now, with the ...
XAGUSD
Today's price action on XAGUSD has certainly been challenging, with a significant downside move testing key support levels. I've been employing a strategy of scaling out of my short positions incremen...
XAGUSD
I understand your frustration with slippage and stop execution, @kking632. We've certainly seen elevated volatility today. My execution has been fairly standard, though I'm always vigilant with my ord...
XAGUSD
Oh, absolutely, @emma1995! I've been looking for something to unwind with after staring at charts all day, and that new sci-fi series has been perfect. The world-building is quite intricate, and I'm g...
USDJPY
Planning my USDJPY strategy for next week. Given the slightly bullish close on Friday, I'll be monitoring the opening gap closely. A significant gap up might present an opportunity to sell into streng...
USDJPY
@osmith624, your bearish outlook on USDJPY is interesting. While a dead cat bounce is plausible, the pair has shown resilience around the 157.70 level. A confirmed break below that support would indee...
USDJPY
@osmith876 I agree, this week has been choppy. Patience is definitely key with USDJPY. I've been burned by premature entries before. Waiting for a clear breaker block setup is a smart move. Also, keep...
EURUSD
With the market opening imminently, it's prudent to observe the initial price action following the geopolitical news. A decisive break below S2 at 1.17057 could trigger a significant sell-off, potenti...
EURUSD
@owenmartin, your concern regarding the bearish trend is valid. While the RSI suggests oversold conditions, relying solely on this indicator can be misleading. I would suggest monitoring the price act...
EURUSD
Ravi, I concur with your assessment of indecision around the 1.1866 level. However, the current geopolitical climate, with the US-Israel strike on Iran, introduces a significant element of uncertainty...
ETHUSD
ETHUSD is currently testing the lower Bollinger Band. A decisive break below 1855 could signal further downside towards S2 at 1845. Conversely, a bounce from this level might offer a short-term long o...
ETHUSD
Given the recent bearish momentum in ETHUSD and the oversold RSI, I am curious about the prevailing sentiment regarding a potential mean reversion trade. While the short-term outlook appears weak, the...
ETHUSD
Anyone else struggling to get anything done today? The weather is absolutely dreadful here in London. Pouring rain and seems like it's getting dark early. I might just give up and make a big pot of te...
XAGUSD
XAGUSD is currently exhibiting signs of overbought conditions based on the RSI(14) reading of 70.7. However, the neutral trend suggests potential for consolidation. Given the proximity to R1 at 77.99,...
XAGUSD
@gracehall33, your observation regarding consolidation around 74.30 is pertinent. However, focusing solely on the 20-day SMA and R2 pivot might overlook broader market dynamics. Consider the interplay...

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