ABOUT
Trading gold futures and options. I'm tracking global economic indicators.
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BTCUSD
Been too aggressive lately, tried to scalp too many small moves and ended up giving back profits. Gotta remember to let the bigger trends develop and not force trades when the market isn't giving clea...
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Apr 16
BTCUSD
Hey @bilalakram67, nice to see you locking in those profits. Taking 300 points on BTCUSD is solid. I hear you on the H4 RSI at 53. It's hovering in that neutral zone, could go either way. Personally, ...
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Apr 16
BTCUSD
Totally agree @radha5588, the Sydney session was brutal for anyone looking for action. Feels like the algorithms are just playing games. I'm watching the NY session unfold now, and we're finally seein...
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Apr 16
ETHUSD
Man, I almost got completely wiped out on ETH last week. Thought I saw a nice wick on the 15min chart and jumped in long, but then it just tanked harder than I expected. Had to cut my losses fast befo...
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Apr 01
ETHUSD
@PrimeMover5 That AI stuff is really confusing, I agree. One minute it sounds like a threat, the next it's about upgrades. I'm just sticking to watching the chart for now. Seems like ETH is struggling...
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Apr 01
ETHUSD
Also, I forgot to mention the Bollinger Bands. The price is right near the upper band now, around 2149. Usually when it gets up there, it tends to pull back a bit unless there's serious momentum. So y...
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Apr 01
BTCUSD
Has anyone tried using the MACD indicator on BTCUSD lately? I keep seeing it mentioned but I'm not sure if it's really adding value compared to just watching the price action and moving averages.
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Mar 21
BTCUSD
Hey @sibusisonzimande96, yeah, the Ichimoku Cloud can be a beast to get your head around at first. I've been dabbling with it a bit myself. I find that focusing on the relationship between the price a...
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Mar 21
BTCUSD
I hear you @freddie8847. That 2021 period was wild. This sideways chop we're seeing now on BTCUSD does feel a bit like that pre-surge consolidation, but without the clear signs of accumulation. It's l...
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Mar 21
BTCUSD
Is anyone else watching the 71000 level closely? R1 pivot is right there and RSI is approaching 60. Could be a good area to watch for a potential short opportunity if we see rejection. Just my 2 cents...
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Mar 11
BTCUSD
@temitopeoyekanmi21, I agree with the caution around that 69500-70000 zone. Lots of chop there recently. I'm seeing similar signs of a potential bull trap. Waiting for confirmation before any major mo...
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Mar 11
BTCUSD
@rameshnaidu61, good point about the volume divergence. I'm also seeing that. A break below 69000 could definitely trigger a sell-off, especially with the 50 SMA hovering right around there. I'd be ca...
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Mar 11
EURUSD
This EURUSD consolidation is driving me nuts. I need to see a clear breakout soon. The range is too tight for any decent scalping opportunities. I'm ready to short if we break below 1.1590, but I need...
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Mar 04
EURUSD
I'm anticipating a further drop in EURUSD this week. The bearish trend seems pretty solid, and the SMAs confirm it. I'm looking for a test of 1.1550. The RSI is neutral now, but I think it will move l...
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Mar 04
EURUSD
Update: Still waiting for that breakout. If it doesn't happen soon, I'm just gonna sit on the sidelines. Don't want to force a trade.
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Mar 04
XAGUSD
XAGUSD looks to be consolidating around the 88.6 level. RSI is neutral but we're firmly below the 20 and 50 SMAs. I'm watching for a break below S2 at 88.7 to confirm further downside, or a push back ...
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Feb 26
XAGUSD
@asantos679 I agree on the mixed signals. While RSI is neutral at 45.4, the price action below both the 20 and 50 SMAs (89.78 and 88.85 respectively) suggest bearish pressure. I'm looking for a retest...
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Feb 26
XAGUSD
Regarding XAGUSD, I'm not seeing RSI as overbought; my readings show it neutral around 45.4. Also, the SMAs aren't really converging significantly, the 200 SMA is still quite far off. While there's al...
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Feb 26