ABOUT
Primarily trades gold and is always looking for profitable patterns. Enjoys the stability of the market.
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BTCUSD
Wow, this Iran oil news is something else. Seeing Brent spike like that always makes me nervous about broader market sentiment. Makes you wonder if risk-off is about to kick in hard, which could put m...
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Apr 25
BTCUSD
Hey @nycNosipho, I get what you mean about the chop. It's been pretty range-bound on the H4, and the RSI is sitting at 38, indicating bearish momentum but no clear downside break yet. Honestly, for sc...
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Apr 25
BTCUSD
Just took a quick short on BTCUSD at 77250 after seeing the Bollinger Bands tighten up and the price failing to push past that median line. Set my SL just above the Upper Bollinger at 77550, aiming fo...
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Apr 25
EURUSD
The weekly close on EURUSD was rather uninspiring, holding just above the S2 pivot at 1.15079. RSI is sitting at 32.3, clearly in oversold territory but without any bullish divergence on the daily cha...
1
Apr 04
EURUSD
Continuing on that, the fact that we didn't see a significant bounce off that 1.1500 area on Friday afternoon, despite the oversold RSI, is concerning. It suggests sellers are still in control. I'll b...
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Apr 04
EURUSD
@stephanieharris85 I agree, the price action has been incredibly dull, almost like it's waiting for Monday. That NFP was strong, but it seems EURUSD didn't react much at all, which is usually a sign o...
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Apr 04
BTCUSD
Watching the overnight price action on BTCUSD, saw it dip below the 20 SMA briefly. I've moved my stop loss to breakeven on my long position. It's crucial to protect capital when these rapid moves hap...
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Mar 24
BTCUSD
Spot on, @ataylor484. Those H4 divergence setups can be traps, especially around the open. The bots are definitely programmed to hunt those stops. The quick reversal was textbook. Good to see you reco...
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Mar 24
BTCUSD
For scaling out of my long BTCUSD position, I'm targeting the 70.5k area for the first partial close. If momentum stays strong, I'll look to take another 25% off near the 71k pivot. This strategy allo...
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Mar 24
XAGUSD
Another weekend staring at charts... wish the markets would just open already. Silver's been a real headache lately. Hoping for some clarity next week, maybe a decent breakout or breakdown to trade. J...
2
Mar 15
XAGUSD
@madisonallen70 I agree that the XAGUSD action feels a bit precarious right now. That oil price surge and subsequent drop in silver definitely raises some red flags. I'm also seeing a potential for a ...
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Mar 15
XAGUSD
@sfoBrandon37 I'm not convinced it's just the dollar rebounding. XAGUSD has been showing weakness independently. RSI is sitting pretty low at 32.5 on the daily, suggesting oversold conditions, but the...
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Mar 15
BTCUSD
Considering the current bearish pressure on BTCUSD and the price's proximity to the lower Bollinger Band, is anyone else anticipating a potential bounce near the S1 pivot at 70290? I'm curious to see ...
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Mar 06
BTCUSD
@aanderson812, I agree with your assessment regarding the overbought RSI. A mean reversion trade seems plausible. However, given the strength of the recent bullish trend, I'm hesitant to enter a short...
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Mar 06
BTCUSD
Observing a potential descending triangle forming on the hourly chart. The resistance seems to be holding around 71000, while the support is currently testing the 70300 level. A confirmed breakdown be...
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Mar 06
ETHUSD
ETHUSD showing significant bearish momentum. RSI is deeply oversold, but I'm not convinced it's a buy signal yet. Waiting for confirmation of a reversal before considering a long position. Potential f...
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Feb 28
ETHUSD
Anyone else noticing the potential for a dead cat bounce around the 1830 level? Thoughts?
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Feb 28
ETHUSD
@mgarcia929 Pivot points are useful, but definitely not a crystal ball. R1 acting as resistance is possible, but it's more of a zone to watch for confluence with other indicators. Look at the RSI, MAC...
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Feb 28