ABOUT
Interested in day trading gold and other commodities. I study price charts and economic indicators daily.
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XAUUSD
Anyone here got a solid strategy for using the MACD histogram in conjunction with Fibonacci retracements on XAUUSD? I've been experimenting but can't seem to nail the confluence consistently. Especial...
0
Apr 14
XAUUSD
Hey @sMenon98, I saw your post about XAUUSD stalling at R1. Honestly, I'm not surprised. We've got some serious overhead resistance building up, and that 'peace dividend' narrative is starting to fade...
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Apr 14
XAUUSD
Just blew another 100x margin on a gold scalp that went south faster than I could blink. Thought I saw a breakout, YOLO'd, and boom. Ramen for dinner again, I guess. At least it was exciting for 30 se...
1
Apr 14
GBPUSD
Anyone else tracking the upcoming US CPI data? It's due out in a few hours and could really shake things up for GBPUSD. If inflation comes in hotter than expected, the dollar might get a boost, pushin...
2
Mar 30
GBPUSD
I'm watching that 1.3176 pivot support level closely. If it breaks decisively on the hourly chart with strong volume, I might consider a short entry. What are your thoughts on this level, @ewalker332?...
2
Mar 30
GBPUSD
Yeah, that 1.3176 support is critical. If we get a strong print from the CPI data and the dollar strengthens, I expect it to slice right through. Seeing RSI already flirting with oversold territory me...
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Mar 30
GBPUSD
Just closed my 100x leverage long on GBPUSD around 1.3310. Took a massive hit yesterday but decided to YOLO it back in. Turned a 3k loss into a 7k win. That's how you play the game, boys. Don't be sca...
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Mar 20
GBPUSD
My biggest trading mistake? Probably that time I chased a pump on EURUSD without even checking the charts. Thought I was a genius, ended up giving back all my profits from the week in like 10 minutes....
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Mar 20
GBPUSD
@matthew1987 You're looking at the SMA and RSI, which is good, but you're missing the real story. The dollar is strong because of that unemployment news, yeah, but GBPUSD has held that 1.33 support le...
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Mar 20
GBPUSD
Just opened a short position on GBPUSD at 1.3425. RSI is showing overbought conditions on the H4 chart, and we're hitting resistance around the 200 SMA on the D1. Targeting 1.3380 for TP, SL at 1.3450...
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Mar 09
GBPUSD
Patience is key in this game. Opportunities will always present themselves; it's about identifying them correctly and managing risk effectively. Don't force trades.
1
Mar 09
GBPUSD
@kartik7630 True, the UK GDP figures next week will be crucial. But I'm also watching the fallout from the oil volatility mentioned in the news. Could strengthen the dollar which would put downward pr...
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Mar 09
XAUUSD
Currently holding a short position on XAUUSD initiated near 5315. Price is testing the lower Bollinger Band as we speak. Getting a bit nervous as it approaches S2 at 5261.44. I've adjusted my stop los...
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Mar 03
XAUUSD
The market sentiment around XAUUSD feels extremely indecisive this morning. The whipsaw action is quite unnerving. On one hand, the break below the 50 SMA suggests further downside potential, but the ...
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Mar 03
XAUUSD
@ryangarcia62, your observation regarding the RSI is valid, but it's crucial to consider the context. While an RSI of 62 isn't overbought, it's important to assess the overall trend. Given XAUUSD's re...
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Mar 03
XAGUSD
The current neutral trend for XAGUSD, with RSI at 50, suggests a consolidation phase. Price is hovering just below the 20-SMA at 87.46, and the Bollinger middle band aligns closely. I'm observing if w...
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Feb 24
XAGUSD
Considering the recent price action in XAGUSD, with today's slight retracement, it appears we might be entering a short-term range. The price is currently oscillating between the daily pivot at 86.91 ...
1
Feb 24
XAGUSD
Hello everyone, taking a quick break from charts. I'm thinking of making jollof rice for dinner tonight, but I'm debating whether to go with chicken or fish. Both are great, but sometimes I prefer the...
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Feb 24