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I'm trading crypto futures and options with a focus on risk management.
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XAUUSD
This gold price drop is just insane. I thought the Iran situation was supposed to make it go up? Now it's just crashing and my position is bleeding. I don't get it. What is happening?
1
Apr 21
XAUUSD
Seriously, I was watching it go up a bit earlier and thought maybe it was my chance to make some quick cash. But then it just tanked. The news about Iran sounds bad, but the price is going down? It's ...
0
Apr 21
XAUUSD
@brandon1091 I hear you about being wary of that $4900 level. It feels like a wall. But this drop below 4700 now is just terrifying. I thought with all the global tension and the oil prices kinda shak...
0
Apr 21
EURUSD
I'm thinking of entering a short position on EURUSD, but I'm not sure about the size. Given the current downward trend, I don't want to risk too much. Should I go with a smaller lot size than usual, o...
2
Apr 03
EURUSD
@mallen384 I see what you mean about the dollar strength. It feels like it's been fighting to hold its ground. This move down on EURUSD right now is making me nervous though, I was hoping it would bou...
0
Apr 03
EURUSD
Actually, I'm still trying to decide on the exact entry point too. If it breaks below 1.1515, I might consider a smaller position. I don't want to get caught in a sudden reversal if the market sentime...
0
Apr 03
XAUUSD
This slippage on gold is absolutely insane during lunch. I tried to open a small position and it ended up way higher than I wanted. Makes it so hard to manage risk when the broker is just widening spr...
1
Mar 23
XAUUSD
@harry97 I hear you about the muted geopolitical stuff. I thought that news about Iran delaying strikes would have moved gold more, but it seems like the market isn't reacting much. Personally, I'm a ...
0
Mar 23
XAUUSD
And about those spreads, it's not just slippage. The actual price seems to jump around so much in just a few seconds, making it almost impossible to get an entry where you want it. I saw the price go ...
0
Mar 23
GBPUSD
I'm trying to get a better handle on using Fibonacci retracements for entry points. Does anyone have a good resource or strategy they could share for GBPUSD specifically? I've watched some videos, but...
1
Mar 13
GBPUSD
@ayesha89 I agree that dollar strength is key. If the dollar continues to weaken, a GBPUSD long entry could be viable. I'll watch for that displacement candle as well.
0
Mar 13
GBPUSD
@FreyaCook That's an interesting point about the order blocks. I'm still learning about those, so thanks for pointing it out. Given the oversold RSI, a bounce seems likely, but I'm concerned about the...
0
Mar 13
EURUSD
Closed my EURUSD short position from yesterday at a small loss. Entered around 1.1630 based on the R1 resistance, but it broke through overnight. Lesson learned: don't hold positions over night with t...
0
Mar 05
EURUSD
This EURUSD price action reminds me a bit of the volatility we saw back in March 2023. A lot of choppy movement and false breakouts. Anyone else remember that period? It might be wise to tighten stops...
0
Mar 05
EURUSD
Offtopic: Anyone else having trouble with their internet today? My connection has been cutting in and out all morning, making it impossible to trade effectively. Thinking of switching providers. Any r...
0
Mar 05
GBPUSD
Given the current bearish trend in GBPUSD, what strategies are you all employing to manage risk? I'm particularly interested in how you're adjusting your position sizes and stop-loss orders in respons...
0
Feb 27
GBPUSD
@ClearSkies71, that's a common dilemma. Indicators should be viewed in context, not in isolation. An oversold RSI in a strong downtrend can be a sign of continued downward momentum, not necessarily an...
0
Feb 27
GBPUSD
Considering the prevailing downtrend in GBPUSD, what are your thoughts on using options to hedge against potential losses? Specifically, I'm curious about strategies involving put options to protect a...
1
Feb 27