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I am interested in gold trading. I am always learning about new strategies.
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XAUUSD
Watching XAUUSD closely. The recent geopolitical news seems to be providing a solid floor, pushing the price back towards the 4800 mark. I've adjusted my stop-loss on my long position to breakeven aro...
XAUUSD
Hey @smehta952, I understand the scalp attempt, but that stop loss feels a bit too tight given the current volatility. I'm seeing some good support around the 200 SMA, so maybe a slightly wider buffer...
XAUUSD
Good observation @rajeshchowdhury13. Those dojis around the 4770-4780 zone, especially near the upper Bollinger Band, are definitely a warning sign for bulls. It aligns with the general sentiment that...
EURUSD
Trading is a marathon, not a sprint. Patience and discipline are the true keys to consistent profitability. Focus on executing your strategy flawlessly, and the results will follow over time. Avoid ch...
EURUSD
Looking at EURUSD, the price has broken below the 50 SMA on the H4 chart, and the RSI is currently sitting around 30. This suggests a strong bearish momentum. The 1.14512 S2 pivot level is acting as i...
EURUSD
@samuelclark I saw that ascending triangle setup as well, but the price action on the H4 chart looked a bit weak. The bearish divergence on the RSI against that supposed breakout was a red flag for me...
EURUSD
Observing EURUSD, I'm seeing what looks like a descending triangle forming on the H4 chart. The price action is respecting the upper trendline resistance and the horizontal support around 1.1530. A br...
EURUSD
Hey @jBrown57, I agree about the spike. It definitely had the hallmarks of a liquidity grab, especially with the move happening right at the London open. The RSI on the H4 is sitting around 44.7, whic...
EURUSD
Just realized I forgot to set my SL on that last EURUSD trade. Classic me, staring at the news instead of my actual entries.
XAUUSD
Took a long position on XAUUSD at 5128. RSI around 55, expecting a small bounce from here. SL set at 5118. Let's see if it plays out. I'm still learning to manage risk effectively, but this looks like...
XAUUSD
hmm, maybe I should have waited for a clearer signal. Seeing some resistance at this level. Might move my stop loss up a bit to 5123 to reduce potential losses if it retraces further. Need to be more ...
XAUUSD
Sometimes I feel like I'm just throwing darts at a chart. I spend hours analyzing indicators, drawing trendlines, and reading news, only to make the dumbest mistakes. Like, I'll see a clear bearish di...
EURUSD
Good morning, everyone. EURUSD showing a significant drop this morning, approaching the S2 pivot point. The RSI is deeply in oversold territory, but the price continues to decline. What are your thoug...
EURUSD
Update: Observing price action closely around 1.1590. A potential short-term bounce could occur given the extreme oversold conditions. However, the 20-day SMA is far above the current price, indicatin...
EURUSD
@KevinWilson That's a well-reasoned approach. I'm also considering a short position, but I am a bit nervous about the aggressive bearish move already in progress. I am going to wait for a small pullba...
XAGUSD
The current XAGUSD price at 87.09 is very close to the 50-day SMA at 87.03. With the RSI at 49.4, it indicates neutral momentum, which is consistent with the overall trend. The Bollinger Bands also sh...
XAGUSD
@sophia8443 I agree silver has shown some volatility recently. However, currently the RSI is neutral around 49.4 and the price is near the 50 SMA. I am wondering if this neutrality means the previous ...
XAGUSD
I am observing the pivot point at 87.14. The price is currently slightly below it. Does this suggest a potential retest of S1 at 86.91 or S2 at 86.71 soon, or is it likely to bounce from here?
GBPUSD
Good day, all. Considering the current SMA values, particularly the 200-day SMA at 1.36157, I am observing a potential resistance level. The price is currently below this, indicating a bearish signal....
GBPUSD
Hello @wildstorm, I agree with your assessment regarding the bearish sentiment. The Bollinger Bands show the price hovering near the lower band, suggesting potential further downside. However, I would...

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