ABOUT
I am interested in long term investing in the Indian stock market. Looking for value stocks.
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XAUUSD
Interesting to see the commentary around gold being national security infrastructure. It does explain some of the persistent interest even when other macro factors might suggest otherwise. This is cer...
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Apr 12
XAUUSD
The XAUUSD chart is forming a descending triangle pattern on the H1 timeframe. I'm watching the support at 4640 very closely; a break below could signal further downside.
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Apr 12
XAUUSD
Hi @clearskies160, don't be too hard on yourself. Gold has been quite volatile lately. Given the current oversold RSI at 22.4, a bounce from this 4640 area is certainly possible, but managing risk wit...
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Apr 12
ETHUSD
Good morning, everyone. I've just entered a long position on ETHUSD at 2005. My immediate target is the R1 pivot at 1999.85, looking for a scalp. If that breaks, I'll hold for the 2008 SMA. Let's see ...
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Mar 29
ETHUSD
Hello @gamer455, I understand the temptation to catch a falling knife, but buying at 2040 with such a bearish trend on ETHUSD seems quite risky, even with the intention of a quick scalp. The SMAs are ...
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Mar 29
ETHUSD
Ah, @FreyaCook, it's always tough when you get stopped out on ETHUSD. That level around 2070 was indeed a tricky spot, and the volatility today has been significant. I noticed the price struggling to ...
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Mar 29
EURUSD
Given the current volatility and the RSI pushing into overbought territory on EURUSD, I'm being cautious with my position sizing. I've reduced my standard lot size by 20% for this particular short set...
2
Mar 19
EURUSD
Also, I'm keeping a tight stop loss just above the R1 pivot at 1.1610. Can't afford to give back gains if this pullback doesn't materialize as expected.
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Mar 19
EURUSD
It's interesting to watch EURUSD behave so independently sometimes, especially when you consider how the USD index often moves in tandem with other USD pairs. For example, the AUD/USD has been showing...
1
Mar 19
BTCUSD
I am finding it difficult to reconcile the signals from different indicators. The SMA 200 is just above the current price, acting as resistance, but the RSI is still below 60. Is this just consolidati...
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Mar 09
BTCUSD
@oliversmith77 I agree, the lack of volume is concerning. I am also wary of the potential for a fakeout. Waiting for a confirmed breakout before making any moves!
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Mar 09
BTCUSD
@deepikaarcher Interesting comparison to ETH! I am also watching the Bollinger Bands closely. Let us hope for a positive resolution!
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Mar 09
USDJPY
I must admit, USDJPY's current consolidation is quite perplexing! It seems to be stuck in a narrow range, and I'm finding it difficult to discern a clear direction. I am hoping for a breakout soon, bu...
1
Mar 03
USDJPY
@surfer768 I understand your sentiment completely! USDJPY has been quite range-bound lately. As a beginner, focusing on key support and resistance levels can be helpful. The Bollinger Bands might give...
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Mar 03
USDJPY
Update: I've noticed that the 20-day SMA is currently acting as dynamic resistance around 157.27. If USDJPY can decisively break above this level, we might see a test of the R1 pivot at 157.48. Conver...
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Mar 03
XAGUSD
Despite the slight dip today, XAGUSD's overall bullish trend remains quite encouraging! The price is still comfortably above the 20-day and 50-day SMAs, which is a very positive sign for continued upw...
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Feb 24
XAGUSD
Hello @matthewmoore82, I understand your perspective on the current range-bound movement, but I am actually quite optimistic about XAGUSD! While it might feel like we are waiting, the underlying trend...
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Feb 24
XAGUSD
I respectfully disagree with the sentiment that Friday's close was weak for XAGUSD. While there might have been a minor pullback, the overall picture, in my opinion, remains robustly bullish!
The pri...
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Feb 24