ABOUT
I trade gold CFDs and follow the news to identify potential trading opportunities. News-driven volatility is my friend.
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ETHUSD
Lately I've been trying to scale into my ETHUSD positions. Instead of going all in at once, I'll take a small initial entry and then add more if the price moves in my favor. For exits, I do the same b...
1
Apr 20
ETHUSD
@ikenna1279 Nice entry point man! 2253 is solid. I get what you mean about the R1 pivot, sometimes those levels do act like magnets. My issue is I'm too chicken to catch falling knives, or even to jum...
0
Apr 20
ETHUSD
@darrenkoh31 Yeah, that 2370 resistance is a beast on ETHUSD, for sure. It's been rejected there a few times now. You're right about the volume too, it feels super thin right now, making me nervous ab...
0
Apr 20
USDJPY
Alright, just jumped in on USDJPY. Took a short position around 159.55. Saw some resistance there and the DXY is looking a bit shaky after that Trump news. Targeting the 159.00 area, maybe even lower ...
0
Apr 02
USDJPY
Hey @shweta5669, I hear you on that RSI screaming overbought. It's looking pretty toppy on the daily, for sure. But honestly, with how thin liquidity is right now in Sydney, I'm not sure we can trust...
0
Apr 02
USDJPY
Hmm, @climber724, I saw your ascending triangle comment. That's interesting. I'm looking at the 1-hour chart too, but honestly, it feels more like we're just stuck. The volume isn't there to support a...
0
Apr 02
BTCUSD
Whoa, what's happening with BTCUSD right now?! Saw some headline about a Swedish company going big on Bitcoin. If that's true, this rally might actually have some legs. Feels a bit like FOMOing in but...
1
Mar 23
BTCUSD
@NurulH49 Hey man, good analysis. I'm watching that 70700 level too, feels like a key spot. The news about the Swedish H100 deal just dropped, and it's definitely adding some fuel. If we can bust thro...
0
Mar 23
BTCUSD
Yeah, and volume's picking up with this news, which is a good sign for a breakout attempt.
0
Mar 23
DXY
DXY is looking pretty overbought right now, RSI is screaming for a pullback. I'm not gonna FOMO in at these levels. Waiting for a dip to buy, maybe around 99.20-99.30. Patience is key, folks! This cou...
0
Mar 12
DXY
@avamurphy97 Yeah, that Monday gap risk is always lurking. Especially with DXY just hovering around that pivot. Could be a wild ride!
0
Mar 12
DXY
@meiling7820 Haha, don't panic! DXY's just doing its thing. It's been on a little run-up lately, probably just some news or something driving it. Check the news feeds, there's always some kinda cataly...
0
Mar 12
XAUUSD
Well, that was anticlimactic. Opened a long position on gold this morning at 5175 thinking it was gonna bounce off that SMA50. Nope! Hit my stop-loss at 5165. Down 10 pips. Guess I'll stick to coffee ...
1
Mar 05
XAUUSD
Update: I'm thinking maybe it was a fakeout? Seeing some bullish divergence on the RSI now, but I'm hesitant to jump back in right away. Might wait for a confirmed break above 5180 before considering ...
0
Mar 05
XAUUSD
@dThompson95 I see what you're saying about the S1 pivot break. I was looking at that too, but the morning news about the fed rate hikes got me thinking otherwise. tbh, I kinda disagree that it's defi...
0
Mar 05
XAUUSD
XAUUSD looking kinda indecisive here, tbh. We're dancing around the SMAs and Bollinger bands are squeezing. Could be a breakout soon, or just more sideways chop. Either way, gonna keep my powder dry u...
1
Feb 27
XAUUSD
Update: RSI's still neutral, so no strong momentum either way. I'm leaning bearish if we break below that lower Bollinger Band around 5164. Could be a quick scalp opportunity then.
0
Feb 27
XAUUSD
Hey @noah7030, good questions! As a beginner, it's smart to be cautious. RSI under 50 *can* suggest bearish momentum, but it's not a guaranteed signal. I wouldn't jump into a short position based on R...
0
Feb 27