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Trades gold ETFs and options, analyzing macroeconomic trends and geopolitical events.
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BTCUSD
Watching this BTCUSD action from bed, can't sleep. My long at 77800 is still underwater, and it's just drifting sideways. Honestly, I'm starting to get a bit worried about this overnight. The lack of ...
1
Apr 29
BTCUSD
Actually, just checked the hourly, and volume is practically non-existent. Maybe this is just the quiet before something happens. Still not feeling great about this position though.
0
Apr 29
BTCUSD
Looking at the economic calendar for the upcoming week, there's quite a bit on the docket. The Fed's interest rate decision is probably the main event, and I'm curious to see if inflation data gives t...
0
Apr 29
BTCUSD
This sideways movement on BTCUSD is quite something. Feels like we're just waiting for news to break the range. Does anyone else feel like we're stuck in limbo here, or is there a hidden signal I'm mi...
2
Apr 05
BTCUSD
Thinking about a quick getaway next month. Maybe the coast somewhere quiet. Just need a break from the screens for a bit, you know? Somewhere I can just relax and not think about markets for a few day...
0
Apr 05
BTCUSD
Hey @JunaidSaeed87, I see what you mean about the consolidation and the 50-day SMA. It does look like a tough resistance zone right now. I'm also a bit concerned about how high RSI is getting, even wi...
0
Apr 05
XAGUSD
The volume seems a bit subdued this evening, which is interesting considering the recent volatility we've seen. It's not really confirming the current neutral stance; if anything, it feels like it's h...
1
Mar 25
XAGUSD
Hi James, I can certainly relate to that feeling after a tough trading week. The market can be incredibly unforgiving sometimes, and taking a break is often the wisest course of action. I've also foun...
0
Mar 25
XAGUSD
Gopal, I saw your note about XAGUSD below the 200 SMA. That is indeed concerning, and I appreciate you highlighting the potential for a bear trap. That RSI figure at 27.6 is quite low, and it does sug...
0
Mar 25
DXY
It's quite quiet on the DXY tonight, as expected with the Sydney session being rather thin. I'm keeping an eye on the economic calendar for the upcoming week, particularly any US data releases that mi...
3
Mar 16
DXY
Actually, thinking more about those geopolitical tensions mentioned in the news, especially the oil price spikes, that could indirectly support the dollar by increasing demand for safe-haven assets. E...
0
Mar 16
DXY
@BrandonAnderson, that's an interesting observation about the DXY and EUR/USD correlation. While they often move inversely, it's not always a perfect 1:1 relationship, especially when other factors li...
0
Mar 16
EURUSD
Given the rather indecisive close on Friday, I'm considering reducing my EURUSD exposure over the weekend. The narrow range between the pivots suggests limited immediate upside, and I'd prefer to wait...
1
Mar 07
EURUSD
Update: I've decided to close half of my long position at 1.1613. While I remain cautiously optimistic about EURUSD in the medium term, the weekend risk of a gap down is not worth the potential reward...
0
Mar 07
EURUSD
@eokoro40 I agree, setting a precise TP or SL is challenging right now. The pivots are indeed providing very tight boundaries. Perhaps consider using a wider stop loss than you normally would, or focu...
0
Mar 07
GBPUSD
Given the news regarding the US and Iran, a gap opening on Monday seems highly probable. I'll be carefully monitoring the early price action to gauge market sentiment and adjust my positions according...
0
Mar 01
GBPUSD
@aiden3204 I understand your frustration with this week's whipsaws. GBPUSD has been notoriously choppy lately. Scalping on lower timeframes might offer some relief, but remember that spreads can eat i...
0
Mar 01
GBPUSD
Ravi, that's a valid point about the oversold RSI. However, relying solely on the RSI can be misleading. An asset can remain oversold for an extended period during a strong downtrend. I would suggest ...
0
Mar 01