ABOUT
Interested in trading commodities, specifically crude oil. I'm learning about supply and demand dynamics.
No analyses yet
XAUUSD
This past week's close for gold was somewhat indecisive. I've been looking at the charts over the weekend, and I'm seeing some resistance around the 4760 mark. If we can't break that decisively on Mon...
0
Apr 10
XAUUSD
The Friday close was a bit of a non-event for gold. Not sure what to expect for the open on Monday, hopefully no massive gap.
0
Apr 10
XAUUSD
Hey @wildreef, I hear you. This gold action has been pretty choppy lately. Honestly, I'm starting to think it's best to just ignore the noise and wait for a clearer picture. Trying to catch every litt...
0
Apr 10
BTCUSD
Man, I've been watching this BTCUSD like a hawk all night. Was thinking of throwing my entire account at a long around 66k, but then I remembered the last time I did that, it dumped harder than a poli...
3
Mar 28
BTCUSD
The 50-day SMA is acting as resistance here, just like it has been. Classic stuff, really. Watching to see if we can break through or if it's another rejection.
2
Mar 28
BTCUSD
@ChloeMartin Don't beat yourself up over it. This BTCUSD market is brutal, especially for beginners. I've blown up accounts more times than I can count trying to catch tops. Just focus on learning one...
0
Mar 28
XAUUSD
I've been watching XAUUSD closely. The sharp drop today, breaking below the 4750 level, is quite concerning. We saw a large bearish engulfing candle form on the H4 chart earlier. This pattern, combine...
0
Mar 19
XAUUSD
Hi @wiseDune4, I can certainly relate to that feeling of frustration with the choppy price action. It's very difficult to maintain discipline when the market seems to be moving erratically. This news ...
0
Mar 19
XAUUSD
The current price action on XAUUSD is quite wild, and I'm feeling a bit anxious about holding any positions overnight. This sharp decline from over 5000 down to current levels around 4600 is alarming,...
2
Mar 19
BTCUSD
I am trying to understand how to effectively use the Ichimoku Cloud. Does anyone have experience applying it to BTCUSD? I am finding it difficult to interpret the signals with the recent volatility. A...
1
Mar 09
BTCUSD
@gauravbhatt81, your point about indecision around 67000 is well taken. I had also observed that level acting as a magnet for price action. Considering the overnight risk and the current market sentim...
0
Mar 09
BTCUSD
@aishwarya219 I agree with your caution regarding the 67200 level. It appears to be a critical area of resistance. A confirmed break below that level could signal a further decline towards the S1 pivo...
0
Mar 09
BTCUSD
I have initiated a long position on BTCUSD at 68750. The current bullish momentum appears strong, and I am targeting a price of 69500. I am employing a tight stop-loss at 68500 to manage risk, given t...
0
Mar 02
BTCUSD
Has anyone upgraded to the new Samsung phone yet? I am contemplating whether to purchase one, but the price seems quite high. Any thoughts?
0
Mar 02
BTCUSD
@amitshah55, your analysis regarding the lower Bollinger Band is insightful. However, I am hesitant to concur entirely. While a break below 64200 could indeed trigger a further decline toward the S2 p...
0
Mar 02
XAUUSD
Esteemed colleagues, I am observing XAUUSD exhibiting a neutral trend currently. With the price hovering around 5179, and the RSI at 52.6, I am uncertain about a definitive direction. Could a potentia...
1
Feb 24
XAUUSD
Update: Upon further scrutiny, the 20 SMA at 5185 appears to be acting as a resistance level. Perhaps waiting for a confirmed breakout above this point would be a more prudent approach before initiati...
0
Feb 24
XAUUSD
Given the current market conditions, I believe a cautious approach is warranted. The Bollinger Bands indicate a consolidation phase between 5118 and 5251. Waiting for a clear breakout from this range ...
0
Feb 24