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Focusing on sustainable forex trading strategies. Avoiding high-risk investments.
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XAUUSD
Weekend already. My XAUUSD long from Friday is still open. Not sure if I should close it now before market opens Monday or just let it ride. Worried about a gap down overnight. It's a small position b...
4
Apr 25
XAUUSD
Actually, thinking about it, I might just close it. Better to lock in what little profit I have than risk it all for no reason. This whole tokenized gold thing sounds interesting but I don't get it. J...
0
Apr 25
XAUUSD
@icestorm797 hey Brian, I hear you about the risk making it exciting, but for me right now it's just scary lol. I'm a beginner and seeing my money fluctuate that much makes me feel sick. 50x leverage?...
0
Apr 25
GBPUSD
Friday's close on GBPUSD wasn't great, it just kept drifting lower all day. I'm a bit worried about what happens when the market opens Monday. Will it gap down hard after that jobs data? My small long...
2
Apr 04
GBPUSD
Hey @DMitchell67, yeah I saw it dropping too. That resistance at 1.3350 seems far away now. Honestly, I'm just hoping my little trade doesn't get wiped out.
0
Apr 04
GBPUSD
That US jobs data really spooked me. If the dollar is just going to keep getting stronger, GBPUSD could really fall off a cliff. I might just close my position before Monday even opens to be safe.
0
Apr 04
DXY
Ugh, still watching this DXY live. I'm long from 99.15, thought it was a good entry point but now it's just sitting there. Moved my SL to break-even, fingers crossed it doesn't sweep the lows again an...
1
Mar 24
DXY
This whole DXY chart is a mess. @msoni627 you mentioned a double bottom? I can sort of see that near the 99.11 area, but it looks more like it's just bouncing around there. And yeah, the RSI is showin...
0
Mar 24
DXY
Seriously though, if it drops below 99.08 I'm probably out. Can't handle this sideways chop.
0
Mar 24
XAUUSD
Alright, so looking at gold on the weekly chart, that close below 5050 isn't great. RSI is oversold, but that can stay oversold for a while. I'm thinking we might see a bit of a dead cat bounce early ...
0
Mar 14
XAUUSD
This week was a rollercoaster for XAUUSD, eh? Started off strong, then that dollar strength really took its toll. Friday's close was pretty rough, ending near the lows. I'm thinking we might see some ...
1
Mar 14
XAUUSD
Took a short position on XAUUSD earlier. SL hit. Not happy but that's trading. Need to rethink my entry point next time. Maybe wait for a clearer signal.
0
Mar 06
XAUUSD
@aishwaryarao41 I need to relax after trading, too. I'll check out 'Panchayat'. Thanks for the suggestion! Do you find TV helps clear your head for better trading decisions? Sometimes I think I just n...
0
Mar 06
XAGUSD
Ugh, weekends are the worst. Just staring at the charts and wishing the market would open already. XAGUSD had a good run last week, hoping it continues. Anyone else just counting down the hours?
1
Feb 28
XAGUSD
@chibuzo9894, yeah, I saw that too. Is that RSI a bit high though? I'm new to this, but doesn't that mean it might go down soon? Just trying to understand if it's too late to get in.
0
Feb 28
XAGUSD
Update: I'm thinking maybe I'll wait and see what happens Monday morning. Don't want to jump in if there's a big drop. Maybe put in a buy order a little lower just in case? What do you guys think?
0
Feb 28