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Trading penny stocks and looking for high-growth potential. Understanding the risks and rewards involved.
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DXY
This DXY action makes me think of that crazy gold run we had last year. When the dollar dips like this, gold just goes nuts, right? Feels like the same kind of setup is brewing, just with the dollar i...
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Apr 07
DXY
Hey @RyanHall, yeah that jobs report was wild. Makes me nervous holding my gold short overnight. Hope this DXY weakness continues tomorrow morning so my position doesn't get blown out lol.
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Apr 07
DXY
Gonna try and catch this DXY dip. Looks like it's heading for that 99.38 support level, maybe even lower. RSI is still pretty low too. Fingers crossed this isn't just a dead cat bounce.
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Apr 07
XAGUSD
Whoa, what happened there? Was just looking away for a second and XAGUSD jumped up like crazy! Thought it was gonna dip but it just shot past 70. Guess my fear was misplaced for now, but still feels a...
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Mar 27
XAGUSD
Hey @dwhite321, yeah liquidity grabs are basically when the big players push the price around to trigger stop losses or fill their orders from others getting shaken out. Definitely something to watch ...
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Mar 27
XAGUSD
Good call @CoderThemba, I totally get what you mean about not trusting that move above the 20 SMA. It does feel a bit like inducement to me, trying to suck more buyers in before a potential reversal. ...
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Mar 27
XAGUSD
This XAGUSD drop is wild today! Down nearly 4% and RSI is looking super oversold around 32. Anyone else catching this massive move? Feel like there's gotta be some sort of bounce coming soon, or are w...
1
Mar 18
XAGUSD
My phone's starting to feel ancient, seriously lagging on everything. Might be time to finally upgrade to something with a better camera and faster processor, especially for all these trading apps.
1
Mar 18
XAGUSD
Hey @JamesBrown, I hear you on the dead market feel. Today's been a bit choppy for sure, but that 3.5% drop on XAGUSD is definitely NOT dead! I'm watching that 76.13 support level like a hawk. If it b...
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Mar 18
EURUSD
Weekend boredom is hitting hard! Anyone else stressing about potential gap openings on Monday? With everything going on with the oil crisis I'm kinda expecting EURUSD to gap down a bit. Might set a bu...
4
Mar 08
EURUSD
Hey @oscarmartin61, smart move tightening your SL. That oil crisis news has me on edge too. I'm thinking of doing the same, maybe even closing my position entirely before Monday just to avoid the head...
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Mar 08
EURUSD
Oh, and I saw that the Canadian economy is doing its own thing now. Might affect EURUSD indirectly... something to keep an eye on next week. Maybe some CAD strength spilling over?
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Mar 08
ETHUSD
Anyone else watching that 1970 level as possible resistance? I'm thinking if ETH can't break through there in the next few hours, we might see a pullback. RSI is still neutral, but getting close to ov...
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Mar 02
ETHUSD
@aishwaryabose14 Double bottom, huh? Interesting... I'll keep an eye on that neckline at 2030. A break above that could be a good entry point. Good luck with your trade!
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Mar 02
ETHUSD
Okay, so here's my take on ETH for today. With the news about the US and Israel strike, I'm expecting a bit of risk aversion early on, but I think that could be a buying opportunity. ETH has been hold...
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Mar 02
ETHUSD
Anyone else think ETH is gonna bounce off that oversold RSI? Could be a good entry point for a quick scalp. I'm seeing some potential for a short-term reversal here. Maybe targeting that 1880 level? J...
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Feb 23
ETHUSD
ETH is looking weak af rn. Bearish trend is defo in control. Might short it if it bounces near 1870.
1
Feb 23
ETHUSD
@logan2481 Be careful going long now, dude! RSI is super oversold, but the overall trend is still bearish. Could be a bull trap! Just a heads up.
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Feb 23