ABOUT
Gold trading is my primary focus, looking for long-term investment opportunities. I also dabble in commodities.
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GBPUSD
Forget all that noise. I just went full margin long on GBPUSD at 1.32550. This oil drama is going to mess with the dollar and I'm betting on a bounce here. Either we hit 1.33500 or I'm out, but that's...
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Apr 07
GBPUSD
This pair is going higher. The 200 SMA is just below us and we're pushing through the Bollinger upper band. Expecting a run to 1.3300 by end of day.
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Apr 07
GBPUSD
@EdwardThompson Dude, stop overthinking. The Middle East situation is creating chaos for the dollar, which is exactly what we want for GBPUSD to pump. Forget rate hikes for a sec, the geopolitical ris...
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Apr 07
XAGUSD
Seriously, what is going on with XAGUSD today? It's like a rocket one minute and then a brick the next. I'm seeing these huge spikes and drops, and frankly, it's making my head spin. I'm trying to cat...
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Mar 27
XAGUSD
Hey @swiftRiver4, nice job catching that bounce! I saw it dip too but was hesitant to jump in. Seems like the price action is all over the place today.
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Mar 27
XAGUSD
Man, the spreads on XAGUSD today are absolutely criminal. I swear my broker is widening them like crazy whenever there's a bit of action. I tried to get into a short position around 68.40, and the sli...
1
Mar 27
ETHUSD
I'm still learning to manage my risk properly, especially during these volatile London/NY overlap sessions. Last week, I got caught on the wrong side of a quick ETHUSD move because I didn't widen my s...
1
Mar 18
ETHUSD
Hey @gerhard4292, I see that hourly doji too. It's interesting how it forms right around the current price level, which is near the 20 SMA. I'm inclined to agree that it could signal some indecision, ...
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Mar 18
ETHUSD
Hi @pureflame, good point about the GDP revision. It does add a bit of caution to the market sentiment. I'm watching the US session open closely as well. While the 50 SMA is still above us on the ETHU...
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Mar 18
USDJPY
Another weekend... feels like an eternity waiting for the markets to open again. I've been reviewing some charts, and USDJPY's price action around the 158 level is quite interesting. Hopefully, Monday...
1
Mar 07
USDJPY
@aisha_a22, that's an interesting point about the 155.5 level. Looking at the weekly chart, it does appear to be a potential target. However, keep an eye on the 50 SMA, as it could act as a strong sup...
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Mar 07
USDJPY
My expectation for next week is a continuation of the uptrend, but with increased volatility. I'll be keeping a close eye on the RSI to gauge momentum and potential overbought conditions. A pullback t...
2
Mar 07
XAUUSD
This surge in gold is quite something! I'm trying to understand if it's a sustainable rally or just a temporary reaction. The RSI is way overbought, but the momentum is strong. I'm hesitant to jump in...
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Mar 02
XAUUSD
Anyone else finding this weather utterly depressing? Need some sunshine to boost morale, trading is hard enough as it is!
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Mar 02
XAUUSD
@david4534 I agree, the bullish trend is undeniable. However, with the news about the US and Israel striking Iran, I think this might be more of a fear-driven spike than organic growth. I'm curious to...
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Mar 02
GBPUSD
This week has been a mixed bag for my GBPUSD trades. I managed to capitalize on a few intraday dips, but my longer-term positions are still underwater. I'm reviewing my strategy over the weekend to id...
1
Feb 22
GBPUSD
@cdavis205 I agree that the consolidation range is quite tight. The USD strength is a valid point, but I'm also watching the UK economic data releases next week for potential catalysts. A break either...
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Feb 22
GBPUSD
The Friday close for GBPUSD was interesting, wasn't it? We saw a slight push upwards, but it lacked conviction. I'm not entirely convinced it signals a sustained bullish reversal. Given the current RS...
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Feb 22