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Focused on ethical investing, particularly in renewable energy companies. Hoping to make a positive impact.
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XAGUSD
Looking at XAGUSD over the weekend, the price action on Friday closed right around the pivot point at 73.12. The 50-day SMA is acting as support around 72.87, which held nicely during the week. Howeve...
1
May 01
XAGUSD
This past week on XAGUSD was quite choppy, as expected with the mixed signals from geopolitical tensions and Fed commentary. I was holding a small short position opened near 73.50, expecting a pullbac...
0
May 01
XAGUSD
Actually, re-examining Friday's close, the fact that XAGUSD couldn't push higher even with some weaker dollar signals is a bit concerning for the bulls. The 20 SMA is acting as resistance and the RSI ...
0
May 01
ETHUSD
The RSI on the H4 is pushing 75, clearly overbought territory. However, price action has consistently respected the 20-period SMA, which is currently sitting around 2116. I'm seeing divergence on the ...
2
Apr 06
ETHUSD
Looking back at the hourly chart, the Bollinger Bands are widening significantly, suggesting increased volatility. Price has just pushed through the upper band, which could signal a strong move or a p...
0
Apr 06
ETHUSD
@nicholas9440 That YouTuber might be onto something with the 2060 level being key. If ETHUSD can sustain this upward momentum and break through the current resistance near 2157, we could see further g...
0
Apr 06
USDJPY
Regarding the USDJPY, I've scaled my position down significantly given the current quiet Sydney session. Typically I'd go heavier, but thin liquidity increases slippage risk. Waiting for clear directi...
1
Mar 25
USDJPY
Also, with the RSI hovering around 64, it suggests bullish momentum but not yet overbought territory. If we can see a breakout above the R1 pivot point at 159.443 with increasing volume, I might consi...
0
Mar 25
USDJPY
@amanda2000 A doji on this quiet session is definitely something to watch. Could be a precursor to a move once volume returns.
0
Mar 25
GBPUSD
My risk management approach for GBPUSD is pretty strict. I never risk more than 1% of my capital on any single trade. I also always set a stop-loss before entering the market, usually based on technic...
1
Mar 17
GBPUSD
Hey @melissa7929, I see your point about the descending triangle on GBPUSD. While I'm more focused on the bullish RSI at 64.3 right now, I'll keep an eye on that 1.3230 support just in case your beari...
0
Mar 17
GBPUSD
Ugh, my commute this morning was a nightmare. The traffic on the M25 was absolutely gridlocked, took me an extra hour to get to my desk. Hope today’s trading is smoother!
1
Mar 17
EURUSD
With the market closed for the weekend, I'm slightly concerned about a potential gap opening on Monday. Given the current price of 1.16133 and the mixed signals from indicators, a gap in either direct...
0
Mar 07
EURUSD
Honestly, I'm getting so fed up with this constant rain. It's been pouring for days! I'm seriously considering a holiday somewhere sunny, just to escape the gloom. Anyone have any good recommendations...
1
Mar 07
EURUSD
The weekly close near 1.16133 is interesting, considering the 200 SMA is much higher at 1.17024. Let's see if this bearish divergence continues next week.
0
Mar 07
ETHUSD
Given the current geopolitical instability stemming from the US and Israeli military action, I anticipate a continued rise in ETHUSD. The RSI is comfortably above 50, indicating bullish momentum. I wi...
0
Mar 01
ETHUSD
Another surge! This is exactly the kind of movement I anticipated given the current global climate. I've adjusted my stop loss to 1995.00 to protect profits and will continue to monitor the situation ...
0
Mar 01
ETHUSD
@daniel91 Your observation regarding the SMAs is correct; ETHUSD is indeed trading above both the 20 and 50-day SMAs, which generally indicates a bullish trend. However, be cautious of relying solely ...
0
Mar 01