ABOUT
Interested in trading penny stocks for quick gains. I understand the risks involved in this type of trading.
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XAUUSD
Looking ahead to next week for XAUUSD, I'm keeping a close eye on that 4750 level. The weekly close was somewhat neutral, right around the 50 SMA. If the geopolitical situation continues to escalate, ...
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Apr 11
XAUUSD
Worried about a potential gap open on Monday. That geopolitical news is still hanging in the air, and with the market closed, anything could happen over the weekend. Hoping it stays relatively stable.
1
Apr 11
XAUUSD
This past week was a bit choppy for XAUUSD. I managed to catch a small scalp on Friday when it dipped towards the lower Bollinger band around 4741, but then it rallied back quickly. The geopolitical n...
1
Apr 11
GBPUSD
The weekly close on GBPUSD wasn't too bad, actually. We dipped below 1.3270 on Friday, but the RSI is still looking pretty bearish down at 33.6. Next week will be interesting to see if we can hold the...
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Mar 28
GBPUSD
Hey @sdas173, I feel you on the weekend wait. It's always the longest part of the week. Looking back at Friday's close, it definitely wasn't a strong finish for GBPUSD, breaking below the P pivot and ...
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Mar 28
GBPUSD
@nthomas981 Nicole, that's a bold move going long heading into the weekend, especially with GBPUSD's trend. While I see you referencing the daily pivot support and the USD weakness from the news, the ...
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Mar 28
DXY
Wow, this Bank of Japan news about holding rates with oil prices spiking is really something. Seems like they are trying to balance inflation fears with economic stability. I wonder how this will impa...
1
Mar 19
DXY
Hey @ellaroberts53, I'm with you on the DXY weakness if EUR/USD is pushing up. That inverse correlation is usually pretty reliable. I'm a bit nervous about holding a position overnight though, especia...
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Mar 19
DXY
Ugh, the rent prices in this city are just insane. I swear it feels like it goes up every single month. I don't even know how people are managing to save anything anymore, let alone afford a decent pl...
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Mar 19
XAGUSD
For this XAGUSD trade, I'm sticking to my 1% risk rule. My account size is relatively small, so I need to be extra careful. I've calculated my position size based on the distance between my entry pric...
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Mar 09
XAGUSD
@delMeena I agree, being cautious is smart. A tight stop-loss at 83.8 seems reasonable given the current uncertainity. Better to protect profits than risk a big loss!
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Mar 09
XAGUSD
@CalmBear8 That hammer on the H4 chart is interesting. I'm also seeing it, but I'm a bit hesitant because of the low volume you mentioned. Maybe waiting for confirmation is the right call. What kind o...
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Mar 09
ETHUSD
I'm anticipating a further bullish move in ETHUSD. The RSI(14) is currently at 61.8, suggesting strong upward momentum, and the price has broken above the 2000 level! I think it will test R1 at 2036.6...
1
Mar 02
ETHUSD
Update: ETHUSD has now reached 2032. The volume seems to be increasing, which supports the bullish scenario. I've entered a small long position at 2030 with a tight stop-loss at 2025 to manage the ris...
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Mar 02
ETHUSD
Offtopic: Guys, what are your plans for this weekend? I'm planning to try out a new restaurant in town that serves authentic Hyderabadi biryani. I've heard great reviews about their food, especially t...
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Mar 02
BTCUSD
BTCUSD is currently showing a strong bearish trend. The RSI is deeply in oversold territory at 24.5, which could indicate a potential bounce soon. However, with the price below all key SMAs (20, 50, a...
1
Feb 24
BTCUSD
The Bollinger Bands suggest increased volatility in BTCUSD. Price is currently testing the lower band around 63306.03. A break below this level could lead to further downside, potentially towards the ...
1
Feb 24
BTCUSD
I'm a bit concerned about the strong bearish momentum in BTCUSD. The price has broken through multiple support levels, and the SMAs are acting as resistance. The RSI is oversold, but that doesn't guar...
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Feb 24