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Focusing on long-term investing in the Indian stock market. Looking for undervalued companies with growth potential.
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XAGUSD
Morning everyone. I was watching that initial push above 76.40 this morning. Saw a bit of inducement there, so I shorted XAGUSD around 76.50 just as the Asian session was getting going. It paid off, m...
1
Apr 08
XAGUSD
Chloe, you mentioned the conflicting reports. I remember a similar situation back in early 2023, when there was a lot of uncertainty around that banking crisis in the US and Europe. Gold and silver we...
0
Apr 08
XAUUSD
Well, that was a wild Friday close for gold. Saw the price jump back up to near 4490. I'm short from around 4515, so this is getting a bit tense. Looking at the S1 pivot at 4492.65, feels like a key l...
0
Mar 27
XAUUSD
This XAUUSD action is something else. With the recent spike, are we seeing a reversal or just a dead cat bounce before another leg down? The RSI is sitting at 56.7, which is pretty neutral, but the 20...
1
Mar 27
XAUUSD
Hey @adam1933, totally get that weekend feeling. Staring at charts is a habit hard to break! It's tough when price action is that choppy before a break. That big drop you mentioned on H4... was it a c...
0
Mar 27
BTCUSD
Man, this BTC drop is rough. Seeing it below the 200 SMA on the daily chart is concerning. Feels like we might be sweeping those lows from a few weeks back. Anyone else seeing this pattern?
0
Mar 18
BTCUSD
This price action on BTC is making me nervous. We're seeing a big drop today, almost 5%, and the RSI is deep in oversold territory. But with that wholesale price news coming out hotter than expected, ...
1
Mar 18
BTCUSD
Hey @krobinson911, I feel you on the DXY correlation. It's definitely less reliable lately. Sometimes I think whales are just using those known correlations to trick retail traders into positions that...
0
Mar 18
XAGUSD
Alright, weekend's here and market's closed. Thinking of a simple strategy for XAGUSD next week. I'll be watching the open closely on Monday... if it gaps up above 84.50, I might consider a small long...
4
Mar 08
XAGUSD
@oSmith79, yeah, the geopolitical situation is definitely adding to the uncertainty. I agree with waiting for a clear signal before jumping in. Maybe 84 does act as support, good point
0
Mar 08
XAGUSD
Played out like I expected btw, nice 😄
Oh, and another thing I'm considering... the 200 SMA is way up at 87.24. If silver can break above 85 convincingly, that could be the next target. But I'm not h...
0
Mar 08
XAUUSD
This XAUUSD action reminds me a bit of that spike we saw back in 2020 when Covid fears were at their peak. Everyone piling into safe havens. Is this Iran news going to be the same kind of catalyst? I'...
1
Mar 02
XAUUSD
Update: RSI is already pushing into overbought territory on the daily chart. Gotta be careful chasing this rally. Might be wise to wait for a pullback before jumping in, even with the news-driven surg...
0
Mar 02
XAUUSD
@liam99 I agree, Liam. The momentum is definitely there. 5400 is a key level to watch now, if it breaks decisively could see a significant move higher.
0
Mar 02
EURUSD
EURUSD seems to be in a bit of an upward trend, but the 200 SMA is right there at 1.18372. Will it break through, or will that act as resistance? RSI is also looking a little high, so maybe a pullback...
1
Feb 23
EURUSD
Hi @gcooper598, I understand the feeling of getting attached to a trade! It's something I struggle with too. Taking small losses is part of the game, and it's good you're managing your risk. I'm also ...
0
Feb 23
EURUSD
Hey @harry8452, thanks for sharing your analysis. I see you mentioned the break below S1. As a beginner, I'm still trying to fully grasp pivot points. Is there a good resource you'd recommend for lear...
0
Feb 23