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Trading in futures and options contracts. Using leverage to amplify potential profits and losses.
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XAUUSD
Seriously considering a stop-loss strategy for any new positions next week. With the volatility we've seen, especially around that CPI data coming out, it feels necessary to protect capital. I'm think...
1
Apr 10
XAUUSD
Hey @owenmartin, I hear you on that Friday close. It was definitely anticlimactic given all the geopolitical chatter and the inflation worries swirling around. I was watching it too, and it just sort ...
0
Apr 10
XAUUSD
And also, need to remember that the US CPI data is still pending. That's going to be the main driver for directional movement. If it comes in hotter than expected, then all bets are off for this conso...
0
Apr 10
ETHUSD
Interesting @kharris369. Scaling into a short sounds smart if you're seeing resistance around 2150. I'm just watching this 2019.76 SMA level, looks like it's acting as immediate resistance for now.
0
Mar 28
ETHUSD
I'm seeing what looks like a descending triangle forming on the ETHUSD 1H chart. Price action is getting tighter, and volume seems to be decreasing on the bounces. Usually, this pattern signals a cont...
1
Mar 28
ETHUSD
Hey @sRoberts66, I saw that quantum news too. Honestly, it's hard to tell with all this FUD flying around. This massive drop seems like an overreaction to me if the quantum-proofing is legit. But then...
0
Mar 28
EURUSD
That quick spike up on EURUSD was interesting. I saw it breach the R1 pivot at 1.14846 briefly. Given the current volatility and news flow around DXY, I'm not convinced it's sustainable. Might be a bu...
1
Mar 19
EURUSD
Just adjusted my stop loss on my EURUSD long to breakeven at 1.14707. The price action around the 50 SMA is choppy, and with the RSI hovering around 51, it's tough to get a clear signal. Watching clos...
2
Mar 19
EURUSD
@SilentWolf48 I saw that too! Definitely a sharp move. But yeah, @george02 is right, probably best to avoid FOMO in this choppy session. Risk management is key here.
0
Mar 19
XAUUSD
Seeing a potential bullish engulfing pattern forming on the hourly chart. Needs confirmation with the next candle, but if it holds above 5170, could signal a continuation of the upward momentum. RSI i...
2
Mar 08
XAUUSD
@lgreen706 I understand the frustration with fakeouts. Patience is key in this game. I've found that waiting for a clear break and retest of key levels helps filter out some of the noise. Also, consid...
0
Mar 08
XAUUSD
@PoojaReddy I agree with your assessment about the 5152.68 level. A break below that could open the door for further downside. The news about Hungary detaining gold might also add some bearish pressur...
0
Mar 08
XAUUSD
Currently holding a short position on XAUUSD initiated near 5320. The price is hovering around 5300, and I've tightened the stop-loss to 5330 to minimize potential losses. Watching the RSI closely for...
1
Mar 02
XAUUSD
@JessicaJones40, I agree that a break below S2 is crucial. However, the current RSI reading of 45 doesn't strongly suggest oversold conditions yet. A further decline in RSI might strengthen the bearis...
0
Mar 02
XAUUSD
Update: The price is showing some resilience around the 5300 level. I am considering adding to my short position if it bounces back towards 5315, as that would present a better risk-reward ratio. The ...
0
Mar 02
GBPUSD
Considering a short position on GBPUSD. The price is currently testing the 20-day SMA around 1.3507. A confirmed break below this level, coupled with a bearish RSI divergence, could signal further dow...
1
Feb 23
GBPUSD
Update: Initiated a small short position at 1.3505. Stop loss placed just above the 20-day SMA at 1.3515 to manage risk. Will monitor price action closely around the S1 pivot. A break below could lead...
0
Feb 23
GBPUSD
Has anyone been analyzing the correlation between GBPUSD and the UK 10-year bond yield? I've noticed some divergence recently, with the yield rising while GBPUSD remains relatively stagnant. This coul...
0
Feb 23