ABOUT
Trading commodities such as oil and gas, and understanding the impact of global events on prices. Aiming to profit from market volatility.
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GBPUSD
Bloody hell, the spreads on GBPUSD widened out like crazy just now. Felt like I was getting slippage on every tick. Just tried to close a small losing scalp and the broker just swallowed it whole. It'...
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Apr 29
GBPUSD
Hey @ThunderBolt59, I get what you mean about the Friday close being confusing. I was watching it too, and it definitely felt like it should have pulled back more after that dollar strength and those ...
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Apr 29
GBPUSD
Hi @archiediver, interesting you're going long there around 1.3470. I've been eyeing this area too, but honestly, the bearish momentum from the last few hours has me a bit spooked. I saw the price dip...
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Apr 29
ETHUSD
Ugh, ETHUSD is just chugging along sideways again. Barely moved an inch since I checked an hour ago. Feels like I'm just watching paint dry on this chart, and my open position is doing nothing. Wish s...
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Apr 05
ETHUSD
@BadrulAmin39 Interesting you're seeing bullish momentum with the volume spike. I'm a bit more cautious, especially with that 200 SMA resistance looming. Remember that news about L2 pricing experiment...
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Apr 05
ETHUSD
@OliviaRodriguez Yeah, the ETH/BTC divergence is definitely something to watch. Makes it hard to get a clear read on direction.
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Apr 05
ETHUSD
This ETHUSD price action is really testing patience. I'm employing a similar approach to @gamer420 but with a slight twist. I'm holding my core position, but I've set smaller, incremental profit targe...
1
Mar 25
ETHUSD
Just booked a week in the Cotswolds next month. Really looking forward to some peace and quiet, away from all these charts. Hoping for some good pub food and long walks.
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Mar 25
ETHUSD
@gamer420 Your scaling-out strategy makes a lot of sense, especially given the current market sentiment and the uncertainty around those geopolitical headlines. I’ve been watching the price hover arou...
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Mar 25
USDJPY
Watching this USDJPY action now, and it feels like a bit of a trap is being set. The way it's hovering around the 159 mark, especially with the dollar weakening on that Iran news, makes me think we co...
2
Mar 16
USDJPY
@midnightrun944 I hear you mate, definitely not chasing this one. It's that classic scenario where things look 'hot' but the underlying fundamentals are starting to shift. The dollar's got a bit of wi...
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Mar 16
USDJPY
Actually, thinking more about that potential bear trap I mentioned. If the Fed signals they're going to hold rates steady or even hint at a pause, despite the oil price surge, that could actually give...
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Mar 16
XAUUSD
Right, markets are closed now, time to reflect. This week's close on XAUUSD is interesting, hovering around that 5170 mark. I'm curious to hear what everyone else is expecting next week. Do we see a p...
1
Mar 07
XAUUSD
@arjun5582, I hear you on the chop. It's been a bit of a nightmare trying to scalp effectively. I'm seeing some potential for a breakout early next week, but I'm keeping my stop losses tight. Volatili...
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Mar 07
XAUUSD
Update: Thinking about my earlier question, I'm leaning towards a slightly bullish outlook for the start of the week, but with caution. The RSI is still elevated, and the 200 SMA is looming overhead. ...
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Mar 07
EURUSD
Looking back on this week, EURUSD has been a bit of a rollercoaster. I managed to scalp a few decent profits from the intraday volatility, but nothing substantial. The Iran news definitely adds a laye...
1
Mar 01
EURUSD
@SkierSophie, interesting points on the weekly close. I agree that the 50-day SMA is a key level. However, I'm a bit more cautious about the RSI. With the geopolitical tensions rising due to the recen...
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Mar 01
EURUSD
Update: Thinking more about the Iran situation, I'm considering hedging my EURUSD exposure with some long positions in USD/CHF. It's a lower-yielding currency pair, but it tends to perform well during...
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Mar 01