ABOUT
Trading gold futures and options, with a focus on risk management. Always learning about new trading strategies.
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BTCUSD
Ugh, BTC is just going down again, isn't it? Feels like I bought right at the peak, and now it's just bleeding. My stop loss is set but I'm so nervous it's gonna get hit. Is this going to keep droppin...
BTCUSD
This whole market feels so uncertain right now. One minute it's like we're on the verge of breaking some new highs, and the next it's like a switch flips and everything starts tanking. I'm trying to s...
BTCUSD
@AmeliaEvans4 Yeah, I heard about that South Korea thing too, it's a bit worrying. If regulators start cracking down, who knows what could happen to prices. I'm trying not to pay too much attention to...
XAGUSD
Hey @BrandonHarris92, I hear you on the mental game, but honestly, this silver market feels super choppy right now. I keep looking at the charts and it just seems like it's hovering around that 67.50 ...
XAGUSD
I was looking at the XAGUSD chart earlier and it looked like it was trying to form some kind of double bottom near the 67.20 area, which is supposed to be a support level right? But then it just sort ...
XAGUSD
Yeah, I'm still watching that. It looked like a double bottom earlier, near the 67.20 support, but it just didn't have the follow-through. It's really unnerving when you think you see a good pattern a...
USDJPY
Just moved my stop loss on that USDJPY long to breakeven. With the 160 level getting so close and all the intervention fears, I don't want to give back any profits if it turns suddenly. Better safe th...
USDJPY
Okay, I just entered a small long position on USDJPY at 159.45. Hoping for a push towards R1 around 159.60. SL is tight at 159.30.
USDJPY
@dmoore22 I see what you mean about the SMA cross, but I'm a bit worried about hitting 160 too soon. The news around potential intervention feels strong. Maybe wait for confirmation after the Fed anno...
ETHUSD
Is anyone else watching ETHUSD and seeing a potential double bottom forming around 1960? I'm a bit new to this, so I'm not sure if I'm reading the charts correctly. It's late, and I'm probably just ti...
ETHUSD
Ugh, stopped out. -0.5% Not a great start to the week. Going to bed now, hopefully it'll be better 2morrow. Night all.
ETHUSD
Okay, update: so about that double bottom... it seems to be holding, but volume is still pretty low. I'm a bit worried about a liquidity grab sweeping the lows before any real move up. I've set a tigh...
XAGUSD
Silver's been on a tear, hasn't it? Remember to adjust your stop losses as it climbs, especially with all the volatility lately. Don't want to give back those gains! It's tempting to get greedy, but p...
XAGUSD
@D_Davis I agree, the risk appetite is definitely there. I wonder if this rally is sustainable, though, especially with the overbought RSI. I'm a bit cautious about jumping in too quickly.
XAGUSD
@ganeshmurthy40 Good morning! That's a smart question. RSI near 75 is definitely getting up there, so overbought is a fair assessment. Waiting for confirmation is generally a good idea for us newbies,...
XAGUSD
Well, silver certainly had a good run this week, didn't it? Closing above 84 is pretty impressive. I'm a bit nervous about that RSI though, it's looking very overbought. I'm wondering if we'll see a c...
XAGUSD
@olamidebakare61, I'm also a bit cautious about buying right now. 78.50 sounds like a reasonable entry, but maybe wait for confirmation before jumping in. It might dip lower! good luck
XAGUSD
Okay, thinking about my strategy for Monday with silver... Given how much it jumped on Friday, a gap up is definitely possible. I'm holding a small long position, but I'm prepared to close it quickly ...
XAGUSD
Hi everyone, I'm relatively new to trading silver. I'm trying to understand how the Simple Moving Averages (SMA) can help me. I see the 20-day SMA is at 74.06 and the 50-day SMA is at 75.09. Does this...
XAGUSD
@william5080, Thanks for your insights. I'm also a bit worried about that potential gap opening. I'm holding a small position, and your point about risk management is definitely making me think. As a ...

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