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DXY
This DXY drop is making me twitchy. I'm supposed to be scalping but my brain is fried from watching this move. I've got a stop loss set, but I'm wondering if I should just close it and take the small ...
1
30 Apr
DXY
Hey @amitchell377, I totally get what you mean about the market bleeding you dry. I'm pretty new to this, and my strategy is basically just trying to not lose money. I saw DXY around 98 too and though...
0
30 Apr
DXY
Oh and another thing, with DXY dropping like this, I'm wondering if it's related to that news about the Eurozone economy being weak. If the Euro is getting stronger because of that, does it push DXY d...
0
30 Apr
XAGUSD
Seeing a bit of a doji forming on the H1 chart here for XAGUSD. That usually means indecision, right? I'm a bit worried we might see a reversal soon, but it's hard to tell with all the news flying aro...
1
06 Apr
XAGUSD
I'm keeping my position size small on XAGUSD right now. My account isn't huge, so I can't afford big swings. I'm only risking about 0.5% per trade. If this doji leads to a quick move down, I want to b...
0
06 Apr
XAGUSD
Actually, thinking more about that doji on the H1 for XAGUSD, it could also mean a pause before the next move. The 200 SMA is just below current price around 71.34, so there's some support there if th...
0
06 Apr
XAGUSD
Just closed my XAGUSD long from 71.50. Took a small 20 pip profit. It's so slow right now, barely moving. Glad to be out before bed, don't want to wake up to a disaster.
1
25 Mar
XAGUSD
Trying to grow some tomatoes this year, hoping for a good harvest. Need to get these seedlings in the ground before it gets too hot.
2
25 Mar
XAGUSD
Hey @danieldavis55, I get what you mean about scaling out. For me, it's still a bit much to think about. I usually just set one TP and one SL. This sideways action is making it hard to even know where...
0
25 Mar
XAGUSD
Watching this Asian session for XAGUSD. Price is consolidating around the 80.69 mark. The 20-period SMA at 80.1 is acting as a near-term support, while the Bollinger band resistance is at 81.85. Given...
0
17 Mar
XAGUSD
@shantidevi I hear you, this silver market is brutal right now. I was also watching that 87 level and thought it might hold. The fact that it's dropped this much, especially with the RSI heading towar...
0
17 Mar
XAGUSD
@EthanRoy12 I agree, this chop around the daily pivot is making me really uneasy too. It feels like a bull trap waiting to happen if we go long too early. I'm also keeping an eye on that 79.50 support...
0
17 Mar
XAUUSD
I'm holding a small short position over the weekend. Entered near the close at 5170. A bit nervous about a potential gap up on Monday, given the RSI. Thinking of adjusting my stop loss to just above R...
2
07 Mar
XAUUSD
Update: actually, thinking about closing the position before Monday open. The risk of a gap might outweigh the potential profit, especially with the 20 SMA acting as support. Better safe than sorry, I...
0
07 Mar
XAUUSD
Further to my previous comments, I've decided to close my short position. The technical indicators are giving mixed signals, and I'm still learning to properly interpret them. The RSI is high, but the...
0
07 Mar
ETHUSD
Looking at ETHUSD this morning, seems to be consolidating around the 1992 level. RSI is above 60, which is a positive sign, but the 200 SMA at 1945 is still looming above. I'm hesitant to enter a long...
2
01 Mar
ETHUSD
Further to my previous comment, I'm also keeping an eye on the Bollinger Bands. Price is currently near the upper band (2048), which could act as a potential resistance level. However, if the news abo...
0
01 Mar
ETHUSD
Update: Still holding back on a long position. The price is struggling to break above 2000. I'm seeing some bearish divergence on the H4 chart – RSI making lower highs while the price is making higher...
0
01 Mar