ABOUT
Investing in gold mining stocks and ETFs. I believe in the long-term value of gold.
No analyses yet
EURUSD
I have to admit, I've been guilty of getting too attached to certain technical levels. Saw the EURUSD pivot at R1 and just assumed it would bounce, only to get stopped out when it sliced through like ...
1
Apr 20
EURUSD
You know, one of my biggest trading sins used to be over-leveraging on what I *thought* was a sure thing. I remember one EURUSD trade where I was so convinced it was going to rally past 1.18, I loaded...
2
Apr 20
EURUSD
It's funny how you can recognize your own bad habits. That impulse to jump in with massive size when a level *looks* solid, only to get burned... it's a tough lesson. I've learned to trust the process...
0
Apr 20
ETHUSD
Observing ETHUSD on the H4 chart, I'm seeing a potential descending triangle forming just above the 200 SMA. Price action has been testing the lower boundary around 2045 multiple times, while the uppe...
1
Apr 03
ETHUSD
@brandon7215 I agree that the price action is looking rather choppy, and that 200 SMA at 2056 is a critical juncture. However, the RSI at 44 isn't necessarily 'flatlining' for a bearish outlook; it's ...
0
Apr 03
ETHUSD
And with that descending triangle pattern I mentioned, a break of the upper trendline would invalidate the bearish setup I was seeing. That would align with the idea of liquidity grab and a potential ...
0
Apr 03
EURUSD
Ah, Friday's action, a classic. I swear, sometimes my own habit of over-leveraging on small moves comes back to bite me. I'll see a slight dip and think 'great, time to add more', only for the market ...
1
Mar 23
EURUSD
Regarding the geopolitical news causing USD strength, I'm seeing that ripple effect clearly. The Euro is feeling the pressure as investors seek safety. My lesson from the last 48 hours is to always fa...
0
Mar 23
EURUSD
And this habit of chasing quick profits... it's like a siren song. You see EURUSD briefly hit 1.1625 and think you can scalp a quick 20 pips. But then the volatility kicks in, perhaps fueled by this M...
0
Mar 23
EURUSD
I've initiated a small short position on EURUSD at 1.1470. Given the persistent bearish trend and the RSI below 40, I'm anticipating further downside. However, I'm keeping the position size conservati...
2
Mar 13
EURUSD
@nicole3967, I agree with your caution regarding the 1.1530 level. It does seem like a potential bull trap. The SMAs are definitely acting as resistance, and the overall trend is undeniably bearish. I...
0
Mar 13
EURUSD
Also, I've set my stop loss relatively tight, just above the 20-day SMA at 1.1495, to manage risk. If it breaks that level, I'll close the position and re-evaluate. The news about the Euro gaining gro...
0
Mar 13
GBPUSD
The current consolidation around 1.3360 suggests a period of indecision. While the RSI is hovering around neutral, the slightly bullish trend may indicate underlying strength. I will be monitoring the...
1
Mar 05
GBPUSD
Immediate resistance at 1.3370 holding. This is crucial. If it breaks, we could see a rapid move towards 1.34.
0
Mar 05
GBPUSD
Update: Further to my previous comment, the 200-day SMA at 1.3440 remains a significant hurdle. A sustained move above this level would confirm the bullish bias. I am also observing the Bollinger Band...
0
Mar 05
BTCUSD
The current bearish trend is concerning, particularly with the RSI(14) dipping below 30. This oversold condition may present a buying opportunity for long-term investors, but further confirmation is n...
0
Feb 27
BTCUSD
@agreen945 I concur that macroeconomic factors are paramount. The interplay between treasury yields and inflation data cannot be understated when assessing BTCUSD's trajectory. I will also be watching...
0
Feb 27
BTCUSD
@AndrewT84 While AI tools can be intriguing, relying solely on them for trading decisions can be risky. Bitcoin's volatility often defies simple predictive models. News sentiment analysis, while poten...
0
Feb 27