ABOUT
Trading indices and ETFs using a macro-economic approach. I monitor central bank policies and global economic trends.
No analyses yet
USDJPY
This USDJPY is moving so slow right now, it's almost painful to watch. I thought after that US jobs report there'd be more action, but it's just sitting there. Makes me nervous about holding anything ...
1
Apr 07
USDJPY
@harry1997 I feel you on the weekend dragging. It's like the market takes a breather and then just throws a curveball when you least expect it. I'm a bit worried about that Iran situation and how it m...
0
Apr 07
USDJPY
Seriously though, this sideways action on USDJPY is making me really anxious. I just want to close my position and sleep but what if it moves big while I'm asleep? Ugh.
0
Apr 07
XAGUSD
This XAGUSD price action is quite something. Seeing it hover around the 70 level with such volatility suggests a potential turning point. I'm watching the 200-day SMA around 71.98 as a key resistance,...
1
Mar 27
XAGUSD
Hi @cwright73, I agree it's confusing. The market seems to be caught between buyers pushing for that breakout and sellers stepping in. Honestly, that neutral RSI isn't helping much either, it could go...
0
Mar 27
XAGUSD
Oh, and I forgot to mention the Bollinger Bands on XAGUSD. The price is currently bumping against the upper band, which is around 70.97. Usually, that means we might see a pullback soon, but this mark...
0
Mar 27
GBPUSD
The market, much like life, rarely offers clear-cut paths. Patience and discipline are paramount. One must resist the urge to force trades when setups are unclear, and instead, wait for the confluence...
3
Mar 18
GBPUSD
Indeed, that means avoiding impulsive decisions when the indicators aren't singing in harmony. Sticking to the plan, even when opportunities seem to be passing by, is often the best course of action.
0
Mar 18
GBPUSD
Interesting observation, @christopher9156. I'm also monitoring the 1.3350 area. While the ascending triangle pattern is visible, the current bearish RSI at 33.8 suggests we might see some resistance h...
0
Mar 18
GBPUSD
Given the current geopolitical climate and the oil price surge, I'm concerned about potential risk-off sentiment impacting GBPUSD early next week. A gap down is not out of the question. I'll be monito...
1
Mar 08
GBPUSD
With the markets closed, I've reduced my position size on GBPUSD as a precaution. The bullish momentum is encouraging, but the news flow creates too much uncertainty for a comfortable weekend hold. Be...
1
Mar 08
GBPUSD
Next week's strategy hinges on how GBPUSD reacts to the 200 SMA around 1.342. If it breaks convincingly, I'll be looking for confirmation before adding to my long position. Otherwise, I'll remain caut...
1
Mar 08
BTCUSD
Considering the current price action, the 65000 level seems to be acting as a crucial psychological support for BTCUSD. A break below this level could lead to further downside towards the lower Bollin...
1
Mar 02
BTCUSD
@christopherwilliams22, I concur with your assessment regarding the lower Bollinger Band. The recent price consolidation suggests a potential test of that level. However, I would caution against being...
0
Mar 02
BTCUSD
@weijielee, I believe the confidence stems from the narrative of BTC as a hedge against inflation and potential currency debasement. The younger generation seems to view it as a store of value, irresp...
0
Mar 02
GBPUSD
The recent price action in GBPUSD suggests a potential continuation of the bullish trend, confirmed by the RSI above 60. However, the 200 SMA is still a significant level to watch. I'll be monitoring ...
1
Feb 23
GBPUSD
@VijaySingh79, risk management is indeed paramount. The 200 SMA can be a tricky level, especially with fluctuating market sentiment. Consider incorporating broader economic indicators into your analys...
0
Feb 23
GBPUSD
Chloe, I agree that the 1.35 level is proving to be a key area of resistance. A sustained break above this point could trigger a significant rally. However, it's crucial to consider the broader macroe...
0
Feb 23