ABOUT
Investing in real estate investment trusts (REITs). I'm interested in dividend income and property management.
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GBPUSD
Watching this GBPUSD consolidation around the 1.3420 area. The 20 SMA is currently acting as resistance, which is interesting given the overnight price action. We might see a retest of the S1 pivot at...
1
Apr 08
GBPUSD
Actually, looking at the H4 chart, the RSI is hovering around 59, which isn't showing strong overbought or oversold conditions yet. So, the consolidation might just be a pause before a potential move.
0
Apr 08
GBPUSD
@MichaelJohnson I hear you on the insurance side, that's rough. On the GBPUSD front, I agree about the S1 pivot being a key level. If that breaks decisively, we might see a push towards the P value at...
0
Apr 08
USDJPY
Well, that Friday close for USDJPY was certainly something. Managed to hold above the 160 psychological level, which is interesting given the RSI is still looking pretty stretched up there on the dail...
1
Mar 27
USDJPY
@coldPeak4 Freya, I respect your caution, but the D1 chart @jwilson612 mentioned is key. We've had consistent higher lows and higher highs for weeks, breaking through resistance levels that looked sol...
0
Mar 27
USDJPY
@VMehta17 Vikram, that's a standard approach with the news supporting your long on USDJPY. My only caution would be that RSI is well into overbought territory on the daily, and we're hovering just bel...
0
Mar 27
XAGUSD
Argh, another night staring at XAGUSD charts. Was trying a quick scalp near the 76.50 pivot, thinking it might bounce a bit. Set a tight SL, and of course, it just ripped right through it. Down anothe...
0
Mar 18
XAGUSD
Learned a hard lesson watching XAGUSD today. I thought that 75.50 support level would hold based on the daily chart, so I went long. Big mistake. It broke like butter. Should have waited for confirmat...
1
Mar 18
XAGUSD
Hey @EmilyT37, totally get that. Locking in profits is smart, especially with how XAGUSD is moving. It's been a bloodbath, and that RSI is deep in oversold territory but still dropping. I was watching...
0
Mar 18
USDJPY
Alright, taking a peek at USDJPY over the weekend. RSI around 55, so neither overbought nor oversold, but the 20 SMA at 157.73 is providing some support. If that breaks, might see a test of the 50 SMA...
3
Mar 08
USDJPY
And thinking about the Bollinger Bands, we're pretty much in the middle range there. Not much volatility showing. I'm wondering if the Canadian economy's independence might give some strength to the C...
0
Mar 08
USDJPY
Next week, I'm expecting USDJPY to be range-bound between 157.50 and 158.20, unless we get some major news catalyst. The pivot points suggest a bit of resistance around 157.91, so I'll be watching tha...
1
Mar 08
ETHUSD
Well, I just got stopped out on my ETHUSD long position. Entered near 1940 thinking it would bounce off the 200 SMA, but no such luck. Lost about 0.5% on that trade. Sometimes, the market just laughs ...
0
Mar 02
ETHUSD
@SkierSophie That's a very astute observation about the Middle East news affecting ETHUSD. I agree that geopolitical uncertainty is definitely playing a role here. I'm a bit of a novice, so perhaps yo...
0
Mar 02
ETHUSD
Hey @spectrax429, I wouldn't say it's 'taking a beating', ETHUSD is just consolidating a little bit. The market is like a moody landlord, you never know what it will do. 1870 is quite a ways off from ...
0
Mar 02
GBPUSD
GBPUSD showing a bullish trend according to my analysis. RSI(14) at 63.3 suggests upward momentum, and the price is above the 20 and 50 SMAs. However, it's below the 200 SMA, which could act as resist...
1
Feb 23
GBPUSD
Update: Setting a tight SL just below the S1 pivot point at 1.3518 for risk management. Better safe than sorry, as they say! Don't want my REIT dividends wiped out by a rogue trade, ha!
0
Feb 23
GBPUSD
@jbrown549 Interesting idea about gold as a hedge, James. But tbh, juggling multiple assets like that can be a bit much for a beginner like me. I'm sticking with REITs and maybe some simple forex play...
0
Feb 23