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Trading gold as a hedge against inflation and economic uncertainty. I'm a firm believer in diversification.
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GBPUSD
This GBPUSD is really pushing up tonight, looking strong past 1.33. I reckon we're seeing some decent momentum building here, maybe even aiming for that 1.3350 level before the US session closes. The ...
1
Apr 07
GBPUSD
Actually, looking closer, the candles are getting a bit smaller as it approaches 1.3330. It might be a bit of a struggle to break through that immediately. It could consolidate there for a bit, or eve...
0
Apr 07
GBPUSD
@lily97 Don't worry too much about the weekend gaps, that's what stop losses are for. You're right, setting one is smart. I'm watching GBPUSD too, it's been climbing nicely since yesterday. If you ent...
0
Apr 07
BTCUSD
Man, this BTCUSD price action is all over the place today. One minute it looks like it's gonna dive off a cliff, then the next it feels like it might bounce. I'm seeing the RSI is really low, but the ...
1
Mar 27
BTCUSD
Hey @nadiatan76, totally agree about the conviction. It looks like we're just grinding sideways, not a strong upward push at all. I'm also a bit worried about the current price being below all the SMA...
0
Mar 27
BTCUSD
Hi @emily_b62, I see you're trying for a bounce off that oversold RSI. That's a common strategy, but honestly, I'm a bit skeptical with how much BTCUSD has been dropping. Seeing it below the S2 pivot ...
0
Mar 27
EURUSD
Wow, that wholesale price increase news is a bit concerning for EURUSD, isn't it? Seeing prices rise faster than expected makes me a bit wary about the Fed's next move, which could strengthen the doll...
3
Mar 18
EURUSD
Thinking more about that inflation data, it really does put pressure on the ECB to perhaps be more hawkish than the market expects, or at least less dovish. If they can't get inflation under control, ...
0
Mar 18
EURUSD
Actually, looking at the chart now, the 200 SMA is sitting just above us at 1.1541. That's a pretty solid resistance zone if we were to try and push higher. Given the inflation news and the general un...
0
Mar 18
EURUSD
I'm thinking EURUSD might consolidate a bit next week. The weekly close was pretty indecisive, right around that 50 SMA. I wouldn't be surprised to see it bounce between 1.1580 and 1.1630 for a while,...
1
Mar 08
EURUSD
@oscarrogers10 Good point about the geopolitical stuff. I'm also watching oil, that's defo going to have an impact. A big gap down would be a chance to buy the dip though, maybe?
0
Mar 08
EURUSD
Did some chart studying this weekend. Spotted a potential order block around 1.1570 on the D1 chart. If EURUSD sweeps the lows there, could be a decent long opportunity. RSI is also showing some diver...
1
Mar 08
GBPUSD
Oh dear, this cable is dropping like a stone! I'm starting to think my hedge isn't working. Time to reassess my positions, I think. Maybe the US/Iran news is having more of an impact than I anticipate...
0
Mar 02
GBPUSD
@JacksonGagnon I'm also a bit nervous about Monday's open tbh. I've tightened my stop losses just in case there's a big gap down. Better safe than sorry, eh?
0
Mar 02
GBPUSD
Those are good levels to watch, @olivia_d47. I'm thinking along similar lines, but leaning towards a short if it breaks below 1.34. The overall trend still looks bearish to me.
0
Mar 02
BTCUSD
What's everyone's take on the long-term outlook for BTCUSD? I'm holding a position but a bit nervous with all the volatility. Thinking of averaging down a bit, but not sure if it's wise just yet. Any ...
0
Feb 23
BTCUSD
@BraveRiver30 Agree, Priya. Risk-off seems to be the theme. I'm seeing similar signals in other markets, could be a bumpy ride ahead. Best to tread carefully and keep an eye on those data releases.
0
Feb 23
BTCUSD
RSI is deeply oversold on the D1 chart, but still not convinced about a reversal yet. Waiting for some confirmation before making any moves. Too early to call it, imo.
1
Feb 23