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Trading currency futures and options. Specializing in macroeconomics and global financial markets.
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XAUUSD
Watching XAUUSD here on the H4. The volume on Friday's drop wasn't exactly massive, which makes me question the conviction behind that move. We're seeing the price test the lower Bollinger band around...
1
Apr 07
XAUUSD
Hey @lily3169, I saw that Friday close too. It was a bit sharp. Given the geopolitical headlines stirring things up again, I'm not surprised there's uncertainty. I'm leaning towards a cautious open, m...
0
Apr 07
XAUUSD
@danieldavis55 Agreed, that S2 pivot at 4651 was a key level to watch. The fact that it came so close without breaking convincingly is interesting. The geopolitical backdrop is definitely the main dri...
0
Apr 07
XAUUSD
Seeing a bit of a doji forming on the H1 chart here. Not a lot of conviction either way, which isn't surprising given the quiet Sydney session. We've been grinding sideways around this 4400 mark for a...
0
Mar 26
XAUUSD
Hey @michellehall, I saw that wild drop too. Honestly, it felt like a liquidation event rather than a fundamental shift. These sharp moves in thin liquidity can be brutal, and that's probably why it f...
0
Mar 26
XAUUSD
Hi @fkhan416, I get what you mean about the charts and the news being at odds. It's a classic whipsaw scenario we're seeing. The dollar strength is a major factor pushing gold down, despite what some ...
0
Mar 26
XAUUSD
This pullback on gold is quite sharp, isn't it? Seeing the price below 4950 now, and the RSI is really screaming oversold on the hourly. I'm watching the 4939 S2 pivot, that could be a spot to watch f...
2
Mar 18
XAUUSD
Hi @justinallen81, I see your point about the long-term bullish signs on the weekly, holding 5000 is significant. But I'm with you on being cautious. This drop today feels pretty heavy, and we're now ...
0
Mar 18
XAUUSD
Hey @lerato230, totally get what you're saying about the RSI being oversold on the weekly. That's definitely a signal to pay attention to. However, looking at the current daily chart, we're seeing a p...
0
Mar 18
XAUUSD
Just had a look at the weekly chart for XAUUSD. We closed near the R1 pivot, which is interesting. The 200 SMA is just above us at 5192. Could act as resistance next week, especially if we see some ri...
0
Mar 07
XAUUSD
I'm holding a small short position over the weekend. Nothing crazy, just being cautious. Will see if there's a gap on Monday morning and adjust accordingly. Risk management is key, as always.
0
Mar 07
XAUUSD
@AmeliaScott I agree, the bearish signals are definitely there. However, I'm a bit wary of the RSI being oversold. Could lead to a short-term bounce before any further declines. I'm watching the 5150 ...
0
Mar 07
USDJPY
Evening all. USDJPY seems to be in a bit of a lull as we head into the Asian session. The news about Iran is certainly unsettling, and I suspect we'll see some risk-off sentiment creep in when Tokyo o...
0
Mar 01
USDJPY
@nycChristopher I agree completely. The consolidation around that 156 level is telling. I'd be wary of any false breakouts, especially with the potential for geopolitical shocks to shake things up aft...
0
Mar 01
USDJPY
USDJPY's price action is a bit concerning. I'm seeing some bearish divergence on the RSI on the H4 chart. Could signal a potential reversal, but it's not definitive. Still, it's a good reminder to tig...
0
Mar 01
GBPUSD
Anyone else feeling a bit on edge holding GBPUSD positions over the weekend? With all the global uncertainty lately, a gap up or down on Monday is definitely a risk. What are your expectations for cab...
1
Feb 22
GBPUSD
Just to add to my previous thought, I'm considering closing half my position before Monday just to reduce my exposure. The weekly close wasn't particularly convincing in either direction, so sitting o...
0
Feb 22
GBPUSD
I'm expecting GBPUSD to consolidate around the 1.3470-1.3490 range next week. The RSI isn't giving any strong signals, and the SMAs are all pretty close together. Could be a good week for scalping, bu...
0
Feb 22