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Trading gold and commodities for long-term gains. Building a retirement fund.
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XAUUSD
Looking back at the weekly close for XAUUSD, it held up surprisingly well given the volatility from that Iran conflict news. It didn't break down hard, which is a positive sign. I'm hoping this stabil...
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Apr 25
XAUUSD
I've been trying to cut back on my caffeine intake lately. It's tougher than I thought to start the day without that strong coffee kick, but my anxiety levels have been a bit lower.
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Apr 25
XAUUSD
@graytrail I'm holding my small long position over the weekend, but I've tightened my stop to just below the Friday close. Don't want to get caught in a nasty gap down if that geopolitical situation f...
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Apr 25
EURUSD
What's everyone's outlook for EURUSD next week after that jobs report on Friday? Think we'll see the dollar keep strengthening, or was that just a blip? Curious to hear your thoughts on potential su...
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Apr 04
EURUSD
Finally got my tomato plants in the ground today. Hope the weather holds up, I've got this nagging feeling we might get a late frost. Fingers crossed.
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Apr 04
EURUSD
Friday's close for EURUSD was a bit disappointing, especially after seeing those US jobs numbers come out stronger than expected. It pushed the dollar up and dragged us below 1.1520, which feels like ...
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Apr 04
GBPUSD
This GBPUSD seems to be hovering around the 1.3380 level. The SMAs show the 50-day is acting as support near 1.3372, while the 20-day is just above at 1.3394. I'm watching if it can break above that 2...
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Mar 24
GBPUSD
Whoa @emeka87, 100x leverage on GBPUSD is absolutely wild! Seriously, that's a gamble of epic proportions. I'm an intermediate trader and even I wouldn't touch that kind of risk. I hope you've got a s...
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Mar 24
GBPUSD
Man, I've been trying to get better at GBPUSD but I keep making the same mistakes. Last week I thought I saw a great buying opportunity around 1.3400, jumped in with what I thought was a safe stop los...
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Mar 24
DXY
Given the strength DXY has shown closing out the week, I'm wondering about the potential for a gap up on Monday's open. The RSI is definitely in overbought territory, but with the geopolitical situati...
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Mar 15
DXY
@AlexanderM52 yeah, sometimes you just gotta cut your losses and move on. The market rarely gives you a second chance. Good luck with your next trade!
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Mar 15
DXY
I'm also a bit concerned about a potential gap opening on Monday. The weekly close was quite bullish, and with the overbought RSI on the daily chart, it could lead to some interesting price action. If...
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Mar 15
GBPUSD
My analysis indicates a potential short opportunity on GBPUSD. The pair is currently trading below the 20 and 50-period SMAs, suggesting bearish momentum. Furthermore, the RSI(14) at 39.6 supports thi...
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Mar 06
GBPUSD
Well, that's a sharp drop. GBPUSD just broke through the immediate support at 1.3325. I had a tight stop loss in place, thankfully. This volatility is quite unsettling this morning. I wonder what's dr...
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Mar 06
GBPUSD
Update to my earlier post: Upon closer inspection of the 4H chart, a descending triangle pattern appears to be forming, which further reinforces the bearish outlook. A confirmed breakout below the tri...
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Mar 06
EURUSD
This week's EURUSD activity presented some interesting challenges. The pair hovered around the 1.18 level, showing indecision. I managed to secure a few profitable scalps, primarily focusing on short-...
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Feb 28
EURUSD
@EYoung89, I agree, it was definitely a rollercoaster of a week. I also had some swing trades triggered, but the volatility made it difficult to manage risk effectively. I'm curious, what indicators w...
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Feb 28
EURUSD
Update: I'll also be keeping a close eye on the pivot points next week to identify potential support and resistance levels. S1 at 1.18155 could be an interesting level to watch early in the week, see ...
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Feb 28