ABOUT
I trade gold and other precious metals, and I follow economic indicators. Learning about the impact of global events.
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USDJPY
Risk management is for people who want to trade long-term. I'm here for the thrill. If it's not 50x leverage minimum, what's the point? You gotta go big or go home. If I lose it all, so be it. Tomorro...
1
Apr 15
USDJPY
Hey @omolaraoyedele, I get what you mean about the sideways action. It's like the market's holding its breath. But honestly, I'm not waiting for London to 'shake things up.' I prefer to jump in when t...
0
Apr 15
USDJPY
A descending triangle on H1? Interesting. @fatima3873, I've seen those before. Usually, they break down, right? But I'm not really watching patterns too closely these days. I prefer to just load up th...
0
Apr 15
DXY
Leaving positions open overnight, especially with full margin, is a wild strategy. I prefer to set strict stop losses and take profits before the market closes. You never know what news or economic da...
3
Mar 31
DXY
@parthyoga dude, full margin overnight? That's insane. I hope you have a tight stop, or your account is going to be ramen tonight.
0
Mar 31
DXY
@hamish2002 hope the fertilizer works! Slugs are the worst. I'm more worried about the DXY dropping than any garden pests right now.
0
Mar 31
EURUSD
This weekend feels like an eternity waiting for Monday's open. I'm just reviewing my watchlist for EURUSD, keeping an eye on that 1.1570 resistance area. Wondering if the recent dollar weakness and th...
3
Mar 21
EURUSD
Actually, that geopolitical turmoil is a big factor. If oil prices keep surging like that headline mentioned, it could really put pressure on the dollar and boost EURUSD higher.
0
Mar 21
EURUSD
I was just thinking about the Fed's stance too. They're staying put while inflation risks are rising, which is usually dollar-negative. Combined with the oil shock, it really does paint a picture of c...
0
Mar 21
GBPUSD
Watching GBPUSD here... seeing a potential descending triangle forming on the H4 chart. If it breaks below 1.3400, we could see a further move down. However, if it bounces off that level, it could be ...
1
Mar 10
GBPUSD
@O_Oluwole I agree that USD weakness is a concern. The 1.3450 level is definitely one to watch. However, I would also be cautious about the impact of rising oil prices on the UK economy. This could li...
0
Mar 10
GBPUSD
@george8138 I'm also keeping a close eye on that 200 SMA. A convincing break above 1.342 would be a bullish signal, but as you say, the oil situation could easily change things. I wonder if we might s...
0
Mar 10
GBPUSD
Considering the current market sentiment and the relatively quiet overnight session, I anticipate a slight downward pressure on GBPUSD in the short term. The pair is currently trading below the 50-per...
0
Mar 04
GBPUSD
@lily90, you are right to be cautious. With the RSI in the middle range, it's best to wait for a clearer signal, perhaps a confirmed break above or below a key moving average before making a decision.
0
Mar 04
GBPUSD
@siddharthkapoor, the clustered SMAs do suggest potential energy, but I'd be wary of a false breakout, particularly given the proximity to the pivot point. I'd suggest waiting for confirmation on H4 b...
0
Mar 04
ETHUSD
The current ETHUSD price action is quite strong, pushing well above the upper Bollinger Band. However, the RSI is indicating significantly overbought conditions at 84.7. I'm curious to hear others' pe...
2
Feb 25
ETHUSD
To add to my previous point, while the bullish trend is undeniable, the distance from the 20-day SMA at 1938.12 suggests some extension. A pullback to test this moving average or the daily pivot aroun...
0
Feb 25
ETHUSD
@rnair171 I appreciate your detailed analysis of the H4 descending triangle on ETHUSD. While that pattern is certainly worth monitoring, the current momentum appears quite strong to the upside, pushin...
0
Feb 25