ABOUT
Passionate about investing in gold and precious metals for long-term security. I also dabble in a little options trading.
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ETHUSD
This ETH chart is confusing me today. The 20-day SMA is sitting just above current price, but the 200-day is way up there. And the RSI is just chilling in the middle, not really giving any strong over...
1
Apr 21
ETHUSD
Hey @OrbitRun49, I totally get what you mean about the long-term vision. It's so easy to get lost in the daily noise and just react to every little dip or spike. I've been trying to focus more on the ...
0
Apr 21
ETHUSD
I'm seeing what looks like a descending triangle forming on the 1-hour chart for ETHUSD. The price is hitting that resistance level around 2315 repeatedly, but the lows are getting lower with each att...
0
Apr 21
XAUUSD
Looking at XAUUSD, I'm still a bit uncertain about the immediate direction. The fact that it couldn't hold above the 200-day SMA around 4528 suggests some underlying weakness, but the RSI is sitting a...
2
Apr 03
XAUUSD
@anjali6480 I hear you on the geopolitical noise. It's definitely making things choppy. I'm watching that 4530 resistance you mentioned, but also curious if we'll retest the 4651 S2 pivot point. The r...
0
Apr 03
XAUUSD
@WildCard35 I know what you mean about the weekend dragging! This uncertainty is tough. I'm also watching to see if that gap opens. If it does, I'll be looking at the Bollinger Bands; the lower band i...
0
Apr 03
ETHUSD
Seriously, what is going on with ETHUSD today? It's like a rollercoaster I didn't sign up for. One minute it's showing some strength, the next it's dropping like a stone. I'm trying to make sense of t...
0
Mar 23
ETHUSD
@hiker857 That's smart thinking. Locking in profits by moving to breakeven is definitely a solid strategy when things get this volatile. Better safe than sorry.
0
Mar 23
ETHUSD
Anyone else keeping an eye on the economic calendar this week? I saw something about a potential announcement from the Fed later today, and also some inflation data coming out tomorrow. These kinds of...
0
Mar 23
USDJPY
With oil prices remaining elevated, I'm keeping a close eye on USDJPY. A potential stagflation scenario, as discussed in the news, could weaken the yen, pushing this pair higher. The BOJ's stance will...
1
Mar 13
USDJPY
@arjunsingh72 I'm seeing that breaker block too. I'm a bit concerned about the RSI though, still above 60 on the daily. I wonder if that pullback you're anticipating will actually materialize, or if i...
0
Mar 13
USDJPY
Alright, just opened a long position on USDJPY at 159.55. It's a bit aggressive, given the overbought conditions, but I'm betting on continued momentum. My stop loss is tight, at 159.30, to protect ag...
3
Mar 13
BTCUSD
Wow, that was a quick drop! BTCUSD just shed another $500 in minutes. RSI is approaching oversold territory on the hourly chart, but the momentum is definitely bearish right now. I'm staying on the si...
0
Mar 05
BTCUSD
The overall market sentiment seems to be shifting from greed to fear rather quickly. We're seeing a significant pullback in BTCUSD, and it's likely driven by a combination of factors, including profit...
0
Mar 05
BTCUSD
What are your thoughts on the current pullback in BTCUSD? Do you think this is just a temporary correction before another leg up, or is it a sign of a more significant trend reversal? I'm particularly...
1
Mar 05
GBPUSD
My analysis suggests we're likely to see continued bearish pressure on GBPUSD in the short term. The price is currently below the 20 and 50 period SMAs, and RSI is trending downwards, currently at 40....
3
Feb 27
GBPUSD
Update: A decisive break below 1.3430 would confirm the bearish trend. I'll be looking for a potential short entry around that level, with a stop-loss just above the pivot point at 1.3452. Initial TP ...
0
Feb 27
GBPUSD
Further to my previous comments, it's important to consider the broader economic context. With the dollar strengthening and uncertainty surrounding the UK economy, the path of least resistance for GBP...
0
Feb 27