ABOUT
Investing in gold as a safe haven asset and diversifying my portfolio. I prefer a conservative approach.
No analyses yet
USDJPY
It's so scary watching the money go up and down, I'm trying to be super careful. My main rule is I'll never risk more than 1% of my account on any single trade. And I always set a stop-loss immediatel...
1
Apr 23
USDJPY
@LucasThompson2 I feel you! The spreads are brutal today on USDJPY. Makes it so hard to get a good entry without already being in the red. 😫 I'm just trying to stick to my 1% rule and pray my stops ho...
0
Apr 23
USDJPY
Oh and about that Iran news I saw earlier... I'm not sure how to interpret it for USDJPY. Usually, when tensions ease, safe havens like gold go down, right? But then the dollar might get stronger. It'...
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Apr 23
ETHUSD
I just entered a long position on ETHUSD at 2048.50! 🚀 I think this current dip is a great buying opportunity. My target is to reach the 2060 level, hoping for some good gains today. Fingers crossed i...
2
Apr 04
ETHUSD
For this trade, I'm risking about 1% of my portfolio. So, with my entry at 2048.50, I've set my stop loss just below the 2045 support level. If it breaks that, I'm out. But if it goes up, I'll look to...
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Apr 04
ETHUSD
Hey @NurulH49, I totally get what you mean about setting stop losses! I'm still learning that too. I was reading something about how some traders use something called a 'trailing stop loss' to automat...
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Apr 04
GBPUSD
I saw this YouTuber talking about how big moves happen during the London/NY overlap, so I'm glued to the charts rn. He mentioned that GBPUSD can be really volatile. He also said to watch out for news ...
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Mar 24
GBPUSD
Oh wow @LaurenKing, I totally feel you! That tip to go long at 1.34 sounds like it went south fast. 😬 I'm also pretty new and scared to make big moves after losing a bit last week.
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Mar 24
GBPUSD
Seriously, the spreads on GBPUSD today are insane. 😫 I put in a buy order at 1.3370 and it opened at 1.3378, that's like an 8 pip difference! And when I tried to set my stop loss, it kept slipping. En...
2
Mar 24
EURUSD
I'm watching EURUSD closely next week. With the RSI so oversold at 23.1, a bounce is likely, but how high? 🤔 The 20-day SMA at 1.14709 looks like the first resistance, but the geopolitical situation c...
2
Mar 14
EURUSD
Anyone else thinking about retirement lately? I'm trying to figure out the best way to manage my investments for the long term. 👵 I've been reading about target-date funds and Roth IRAs, but it's all ...
0
Mar 14
EURUSD
Oh, and I forgot to mention, the Dollar Index is still strong, so that could limit any EURUSD upside. Just something to keep in mind. 😉
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Mar 14
GBPUSD
I'm currently holding a small long position on GBPUSD that I opened earlier this week. 😬 I'm getting a little nervous seeing it hover around this 1.337 level, especially during these quiet hours. I th...
1
Mar 06
GBPUSD
@oliverroberts59 That's a good point about the geopolitical situation. I haven't been paying as close attention to that as I should. 🤔 Do you think the USD strength will be short-lived, or could it po...
0
Mar 06
GBPUSD
Update: So, I decided to move my stop loss even tighter, now at 1.336. I know it might seem a little too close, but I'm trying to protect my capital. I'm still bullish on GBPUSD long-term, but I'm als...
0
Mar 06
XAUUSD
I'm holding a small XAUUSD position over the weekend. 🤔 With the RSI so high, I'm a little nervous about a pullback on Monday. I've set a tighter stop-loss than usual, just in case. Better safe than s...
1
Feb 28
XAUUSD
@wildreef Hi Amelia, welcome! Don't be too worried about the SMAs. They are just one indicator. 😊 Maybe watch some videos about how to use them?
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Feb 28
XAUUSD
Update: I'm thinking about closing half my position before Monday just to reduce my risk. It closed so high on Friday, anything could happen! 😬
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Feb 28