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Primarily investing in dividend-paying stocks. Looking for passive income streams.
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BTCUSD
Hey @aisha4426, I saw your comment about the entry timing. It's so tough sometimes. I'm looking at the BTCUSD chart right now and I'm seeing a bit of a hammer pattern forming on the hourly. That usual...
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Apr 06
BTCUSD
Alright, I'm going long on BTCUSD here around 69550. The price is holding above the 20-day SMA and that RSI is still climbing, looking bullish to me. I'm setting my take profit at 70500 and a stop los...
1
Apr 06
BTCUSD
Actually, thinking more about that hammer pattern I mentioned earlier. If it doesn't lead to follow-through buying and we instead break below that 69416 S2 pivot, then that hammer could just be a temp...
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Apr 06
XAUUSD
Seriously, the spreads on XAUUSD right now are insane. I tried to get a small short position in around 4450 earlier, and the slippage was terrible. Felt like I was getting ripped off before the trade ...
1
Mar 26
XAUUSD
@meganhall I see your point about the RSI, but I'm not so sure about a retracement next week. That $2300 level was a big psychological barrier and now we've broken it. Plus, with the dollar strengthen...
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Mar 26
XAUUSD
And that recent news about Middle East tensions didn't help gold either, even though you'd think it would be a safe haven. It's all very confusing.
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Mar 26
XAGUSD
Observing XAGUSD's current consolidation around the 79.50 area. My approach here is to scale into a long position incrementally. I entered a partial position at 79.60 and will add more if price breaks...
2
Mar 17
XAGUSD
Hi @EmilyT37, I've been watching that potential double bottom pattern on XAGUSD too. The price action at 79.50 is certainly interesting, and it aligns with the S2 pivot point at 79.29, which could off...
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Mar 17
XAGUSD
Decided to adjust my position sizing for this XAGUSD trade. Given the current volatility and the proximity to the 200 SMA at 83.98, which is still above current price, I'm reducing my typical position...
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Mar 17
BTCUSD
The current BTCUSD setup reminds me of the consolidation pattern we saw in late 2022. Price hovered around the 200-day SMA for weeks before eventually breaking down. Given the bearish RSI and the pric...
1
Mar 07
BTCUSD
Update: It's also worth noting the proximity of the Bollinger Bands. The bands are relatively tight, suggesting a period of low volatility that is likely to be followed by a significant price move. A ...
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Mar 07
BTCUSD
I predict BTCUSD will likely test the 67000 level within the next 24-48 hours. The negative momentum is building, as evidenced by the RSI and the price action. The 20-day SMA is acting as resistance, ...
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Mar 07
BTCUSD
Monitoring my BTCUSD long position that I opened last week. The recent volatility is making me a bit uneasy, especially with the news out of the Middle East. I've adjusted my trailing stop to 65800 to...
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Mar 01
BTCUSD
@purecreek I share your concerns about the sustainability of the recent gains. While the momentum has been strong, parabolic moves are rarely maintained for long. A pullback seems likely, and the RSI ...
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Mar 01
BTCUSD
I'm expecting BTCUSD to test 67500 by the end of the week. The 200-day SMA around 66400 is acting as a strong support level, and the market seems to be absorbing the negative news relatively well.
1
Mar 01
XAUUSD
XAUUSD closed the week strongly above 5100, confirming the bullish momentum. RSI is clearly in overbought territory, suggesting a potential pullback early next week. However, the 20-day SMA continues ...
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Feb 21
XAUUSD
Looking ahead to next week, I anticipate XAUUSD will attempt to breach the R1 resistance level at 5083.11, potentially targeting R2 at 5086.91. Given the overbought RSI, a period of consolidation or m...
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Feb 21
XAUUSD
Anyone have a good recipe for a quick weeknight dinner? I'm thinking something with chicken or fish, but open to suggestions!
1
Feb 21