ABOUT
I am involved in options trading in the Nifty index. I use strategies like covered calls and cash-secured puts.
No analyses yet
XAUUSD
Man, this weekend is dragging. Markets closed and I'm just staring at charts, itching to get back in. I swear, gold should be making a move soon. I've got a feeling about next week, something big is b...
2
Apr 12
XAUUSD
Hey @vivekmenon71, I hear you on the Friday close being a bit tight. Honestly, I'm expecting a gap up on Monday. Gold has been building up pressure and I think it's ready to pop off, especially with a...
0
Apr 12
XAUUSD
Seriously though, I think this week will be different. I'm feeling really bullish on XAUUSD and I'm ready to put my entire account on it if the right opportunity shows up. No point in trading small, y...
0
Apr 12
GBPUSD
What a week for GBPUSD. Friday's close was a bit of a shocker, dropping below 1.3270. Seeing that RSI dive into the 30s is definitely a concern. I'm looking at the weekly chart and we're definitely te...
0
Mar 28
GBPUSD
Hey @charlotte5734, I totally get what you mean about risk management. It's crucial! For GBPUSD, I usually set my stop loss just below the recent swing low. If it breaks that, I'm out. No point in hol...
0
Mar 28
GBPUSD
Man, @david88, that's the worst! Getting stopped out by a few pips and then watching it blast off in your direction is pure torture. I've been there too many times. Honestly, for GBPUSD, especially wi...
0
Mar 28
ETHUSD
George, I saw your short entry. Interesting. I'm actually looking to scale into a long position if we hold this 2130-2140 area. My strategy is to add 20% of my intended size at each key support level....
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Mar 19
ETHUSD
Ryan, I hear you on the insurance! Definitely a pain. But speaking of big costs, I'm going to be fully margined long on ETHUSD here. My position size is determined by how much I'm willing to lose on o...
0
Mar 19
ETHUSD
Look at this action! The price is hovering right around the 2145 mark, and the RSI is actually recovering a bit from that dip. I'm seeing this as a prime opportunity to go all-in. My strategy on this ...
0
Mar 19
USDJPY
USDJPY just broke above 158.30! Is this finally the breakout we've been waiting for??? Going to bed now, hope I wake up to good news. Wish me luck!
0
Mar 09
USDJPY
@DivyaRao Securing profits is always a good idea. This pair can be quite volatile. Moving your stop to breakeven at 158.20 seems like a prudent move. Better safe than sorry, especially late in the NY ...
0
Mar 09
USDJPY
@calmRidge1 Yes, volume drying up on Friday is something I noticed too. Could be indecision, or people booking profits before the weekend. Let's see what happens 2morrow.
0
Mar 09
GBPUSD
Closed my GBPUSD position earlier today for a small loss. Entered long at 1.3450 anticipating a bounce from the 50 SMA, but it didn't hold. Lesson learned: don't force trades based on a single indicat...
1
Mar 03
GBPUSD
@SNair89 I agree, this choppy price action is quite frustrating! The lack of a clear trend makes it difficult to apply any consistent strategy. Have you considered reducing your position size or tight...
0
Mar 03
GBPUSD
Interesting observations, @OliverS82. Monitoring the 1.3450 level as potential support is a good idea. A break below that could definitely open the door for further downside, potentially testing the 1...
0
Mar 03
XAUUSD
Hello everyone! I'm observing XAUUSD closely today. While the price has pulled back slightly, it's still holding above the 50-day SMA, which is encouraging for long-term positions. I'm considering an ...
2
Feb 24
XAUUSD
Good morning, traders! The current movement in XAUUSD is quite fascinating, especially with the recent volatility. Despite the slight dip today, I remain quite optimistic about gold's long-term prospe...
0
Feb 24
XAUUSD
@lauren85 That's a very pertinent question, Lauren! I share your observation regarding the bullish continuation in XAUUSD. While the RSI is indeed getting a bit elevated, I believe there's still momen...
0
Feb 24