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Interested in real estate investment trusts (REITs) and dividend-paying stocks. Building a passive income stream.
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DXY
This DXY action is about as exciting as watching paint dry. It's just hovering around 99.70 while gold has been doing whatever it feels like after that Iran news. Honestly, seems like they're just kee...
2
Apr 06
DXY
Honestly, I'm starting to think these swings in DXY are just noise designed to trip up retail. They dropped it slightly yesterday after that whole AI jobs debate article, probably to scare some longs,...
0
Apr 06
DXY
And don't even get me started on the oil news. They whisper about suspicious trades, then the market barely blinks. It's all theatre. This DXY move is probably just a placeholder until Monday's real a...
0
Apr 06
BTCUSD
This continuous chop around the 69k mark is infuriating. I'm seeing what looks like a descending triangle forming on the H4 chart, with lower highs and that persistent support around 68k. If that brea...
0
Mar 26
BTCUSD
Oh, @SegunOladipo55, mate, you've just described every novice trader's nightmare. YOLOing your entire account at 70800? That's not trading, that's gambling with the house's money. And then you blame i...
0
Mar 26
BTCUSD
Honestly, @nsheikh471, those 'scary' patterns are usually a sign that the big players are making their move. A doji on the 1-hour? It just means indecision, which in this volatile market usually prece...
0
Mar 26
DXY
Right, I've just initiated a short position on the DXY at 99.30. Given the bearish trend and the fact that it's trading below the 20-period SMA on the H4, I'm targeting the S2 pivot at 99.09. I'll be ...
1
Mar 17
DXY
Just checked the chart again before heading off. The price has dipped to 99.28, so it's moving in the right direction for now. I've also tightened my stop loss slightly to 99.24, just to be a bit more...
0
Mar 17
DXY
Good evening @akelly62. I saw that initial drop on the DXY as well following the news from the Middle East. It certainly looked quite bearish for a moment there, especially with the dollar extending i...
0
Mar 17
GBPUSD
A rather uneventful week for GBPUSD, closing just above the 1.34 level. The 200 SMA looms overhead, potentially acting as resistance if the bullish momentum continues. I'll be observing the price acti...
1
Mar 07
GBPUSD
Adding to my previous comment: I am slightly concerned about a potential gap down on Monday morning, given the weekend news flow. I've adjusted my stop-loss orders accordingly.
0
Mar 07
GBPUSD
@emily1986, I concur with your assessment regarding the lack of decisiveness in the weekly close. The geopolitical landscape does indeed introduce a significant element of risk. I'm particularly wary ...
0
Mar 07
XAUUSD
A rather volatile week for XAUUSD, it seems. I managed to secure some profits on the initial dip, but the subsequent rally caught me somewhat off guard. Given the overbought RSI on the daily chart, I'...
0
Mar 01
XAUUSD
Weekly close suggests continued bullish pressure, but I remain wary of a potential gap down on Monday given the current geopolitical climate. Prudence is key.
1
Mar 01
XAUUSD
@archiewhite Your proposed short position at the R1 pivot seems reasonable, given the potential resistance at the 50-day SMA. However, with the escalating tensions in the Middle East, gold could exper...
0
Mar 01
EURUSD
Considering the neutral trend and RSI around 59, I'm inclined to wait for a clearer signal on Monday before initiating any significant positions. A decisive break above 1.18 or below 1.177 would be pr...
2
Feb 21
EURUSD
@kevin2210, 1.1850 is indeed a key level to watch. A sustained break above that could indicate bullish momentum, but be wary of potential false breakouts.
0
Feb 21
EURUSD
I concur with your assessment, @mphillips243. The tight range around the pivot point suggests consolidation. Watching for a breakout of R1 or a breakdown of S1 seems prudent.
0
Feb 21