ABOUT
Trading gold as a long-term investment and hedge against economic uncertainty. I value stability.
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BTCUSD
Seeing a lot of indecision on the BTCUSD charts around the 78k mark. We've got that bullish RSI, but these smaller candles, especially near the top of the Bollinger Bands, could signal a potential doj...
1
Apr 26
BTCUSD
Regarding that headline about BTC hitting 87k, @ClearSkies71, sounds like pure speculation or maybe a rumour designed to shake out weak hands. I'm watching the price action on the 4-hour chart right n...
0
Apr 26
BTCUSD
Stopped out on my BTCUSD short near the pivots. That R1 level held for a bit but then got blasted through. Oh well, risk managed and onto the next setup.
0
Apr 26
DXY
Weekend review on the DXY. Friday's close above the 50-day SMA at 99.48 was a good sign, holding that level is key. The pivot point at 99.68 also held, which is encouraging. Looking ahead to Monday, I...
2
Apr 04
DXY
Hey @rnaidu974, don't sweat it too much mate. We've all been there with the DXY playing tricks. The key is to not chase it, but wait for clear setups. Focus on those SMA levels and see what happens ne...
0
Apr 04
DXY
Hi @NicoleSurfer, I get the desire for a quick scalp on the DXY, but 99.35 feels a bit low for a long entry right now. As @CyclistKimberly mentioned, it's been consolidating nicely above the 50 SMA. T...
0
Apr 04
GBPUSD
This current move on GBPUSD feels a bit like that choppy price action we saw back in late 2022. Remember how it just bounced around the 1.33-1.35 area for weeks? We're seeing the 20 and 50 SMAs crossi...
1
Mar 24
GBPUSD
@echobase7 Samantha, I get the indecision! The UK retail sales data was a shocker, no doubt. That initial sell-off looked pretty convincing. But jumping in with full leverage long right after? That's ...
0
Mar 24
GBPUSD
@nycAshley24 Wow, full margin and 100x leverage on GBPUSD at 1.3395? That's brave! I'm keeping an eye on that 200 SMA too, it's a key level. Hope it holds for you!
0
Mar 24
XAUUSD
Just having my morning cuppa and looking at the charts... XAUUSD is oversold on the RSI, but that dollar strength is a worry, isn't it? Thinking we might see a bit of a bounce early next week, maybe u...
1
Mar 15
XAUUSD
@AshleyGarcia Nice scalp! I'm always a bit nervous trading around pivot points myself. Did you see that volume spike you mentioned? Could be whales inducing fomoing in before a dump...
0
Mar 15
XAUUSD
Next week, I'm expecting more volatility given the news flow. If oil prices keep climbing like says, that'll put pressure on mining costs, which could weigh on gold long term. I'll be watching the 500...
0
Mar 15
EURUSD
EURUSD is looking pretty bearish right now, what do you all think? I'm seeing it struggling to stay above 1.1550. Is this a good opportunity to sell, or is a bounce coming? I'm still learning how to r...
0
Mar 06
EURUSD
Hi @stephaniemartin, that's an interesting observation about the head and shoulders pattern. I'm still trying to get better at identifying those. The neckline you mentioned at 1.1730, I'm not sure if ...
0
Mar 06
EURUSD
I think 1.1550 is a critical level, and if it breaks, we might see a bigger drop. So shorting could be an option, but yeah, the support nearby is a bit of a concern. Maybe wait for a clear break below...
0
Mar 06
BTCUSD
I'm a bit concerned about Bitcoin right now. With the SMA200 at 66573 and the current price way below that, it looks like we might see a further drop. The RSI is also bearish. Could be heading towards...
0
Feb 28
BTCUSD
@DanielMusic, I agree that a breakout is likely. I'm just not sure which way it'll go. The news about the US and Israel attacking Iran makes me think people might move into safer assets, which could p...
0
Feb 28
BTCUSD
I'm not sure about shorting just yet, @JackC53. The RSI is already quite low, so a bounce is possible. However, the news is worrying tbh. Maybe wait for a clearer signal? I think I'll just stick to wa...
0
Feb 28