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Trading penny stocks with high risk and high reward potential. I look for companies with strong growth prospects.
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XAUUSD
This past week has been quite choppy for XAUUSD. I was mostly out of the market, only taking a small scalp on Thursday which barely broke even. Honestly, the sideways action is making me a bit bored. ...
XAUUSD
Hey @ebrown472, I see your point about uncertainty, but $4600 sounds incredibly optimistic right now. The price action this week felt pretty weak, and I'm not sure if we've seen a true bottom yet.
XAUUSD
That scaling strategy sounds interesting, @IronBear85. However, I'm a bit concerned about adding to a position when the overall trend feels so uncertain. I'd worry about getting caught in a sharp reve...
EURUSD
Good weekend to all. I'm holding a small long position in EURUSD from around 1.1515. Given the bearish close on Friday and the overall bearish trend, I'm considering scaling out of this on Monday morn...
EURUSD
Looking back at last week for EURUSD, it was quite a turbulent ride. The pair closed below the 20-day SMA at 1.15239, reinforcing the bearish sentiment that has been building. The pivot point at 1.151...
EURUSD
Actually, on second thought about that long position, I might just move my stop loss down to break-even if we open lower. The dollar strengthening narrative is strong right now, and that news about oi...
EURUSD
This EURUSD movement is making me nervous. It spiked up really fast earlier, and now it's just kind of hanging there. I'm worried about this news about Europe's economy being unstable because of the w...
EURUSD
@MWood74, congrats on the scalp! I saw that dollar strength too, it looked pretty solid for a bit. But now I'm a bit confused because it seems like EURUSD is trying to climb back up past the 1.1580 ma...
EURUSD
@firestorm729, I hear you on the EURUSD being stuck. It feels like it's just hovering around that 1.1580 level, and the RSI is showing overbought but it's not actually dropping. It's really hard to te...
ETHUSD
ETHUSD is showing some strength, especially after that China CPI news. I think we test 2050 resistance soon. If we break that, then 2100 is next target. Placing a buy stop order just above 2035 to cat...
ETHUSD
@harish1969 Interesting point about the RSI divergence on H4. I agree, that dip to 1920 is likely a liquidity grab. However, I'm a bit concerned about the Dow Jones futures – might create some risk-of...
ETHUSD
@rahulkumar21 I understand the feeling. It's tough going to bed with an open position, especially with the market volatility we've seen recently. But remember, patience is crucial. Instead of worrying...
XAUUSD
XAUUSD showing a potential double top formation on the hourly chart. If price fails to break 5365 in the next few hours, we might see a significant pullback towards the 5330 level. Watching the volume...
XAUUSD
Is anyone else seeing a potential ascending triangle forming on XAUUSD? What are your price targets if it breaks upwards?
XAUUSD
@abimbola1056 I agree, the drop below the SMAs is concerning. However, XAUUSD often has fakeouts during the Asian session. I'm waiting for the London open before making any decisive moves. A break abo...
XAGUSD
The bullish trend for XAGUSD remains quite robust on the higher timeframes. While we've seen some consolidation around the 88.00 mark recently, the underlying momentum is clearly supported by the upwa...
XAGUSD
@EvaHughes7 I must advise you to reconsider your target levels for XAGUSD. The current market price is significantly higher, trading around 88.00, and the prevailing trend is unequivocally bullish. Se...
XAGUSD
Given the persistent bullish trend in XAGUSD, I am actively seeking an aggressive long position entry. The price is consistently holding above both the 20-day and 50-day SMAs, which are showing strong...
XAUUSD
XAUUSD showing potential for a short-term pullback. The price is currently testing resistance around 4970, and the RSI is approaching overbought levels. I'm considering a short position with a target ...
XAUUSD
@ironridge, your observation about the RSI approaching overbought territory is valid. While the SMAs do indicate a bullish trend, it's crucial to consider potential short-term corrections. Overbought ...

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