ABOUT
Trading the FTSE 250 index, seeking opportunities in mid-cap UK companies.
No analyses yet
DXY
My approach to risk management is pretty strict. I never allocate more than 1% of my capital to any single trade. Stop losses are non-negotiable and always placed before I enter a position. I also try...
1
Apr 30
DXY
Hey @GraceBell, interesting point about the euro GDP impacting DXY. I'm not sure I'm seeing that boost yet though, it's still looking quite bearish down here near the 97.70s. Maybe the market hasn't f...
0
Apr 30
DXY
This petrol price is just insane now, feels like I'm paying double what I used to for a full tank. Makes me think twice about driving anywhere.
0
Apr 30
XAUUSD
I've been scaling into my long position on XAUUSD around the 4670 area. The plan is to add more if we break above the 4690 resistance level, but only with a smaller position size. If we fall back belo...
1
Apr 06
XAUUSD
Yeah, I'm thinking of adding another 0.25 lot if we can hold 4680 through the NY open. Gotta be careful though, this current price action is a bit choppy.
0
Apr 06
XAUUSD
Hey @angus8819, I agree that the geopolitical news last week did shake things up for gold. I'm watching the 200 SMA at 4551.18 as a potential longer-term support if things really turn south. For now t...
0
Apr 06
USDJPY
Decided to shift my stop loss up to the 159.08 area, right around that 20 SMA. Given the quiet market right now, I figure it's best to lock in some profit and manage risk. If it breaks below there, I'...
0
Mar 25
USDJPY
Hey @ncook918, yeah I saw that move yesterday too. That 50 SMA at 158.88 looked like a decent spot for a bounce, especially with the dollar showing some strength earlier in the week. But you're right ...
0
Mar 25
USDJPY
Is anyone else seeing this wedge pattern forming on the H1 chart? Looks like it's consolidating before a potential move.
0
Mar 25
DXY
Watching the Asian session for DXY. The overnight move was a bit choppy, but we're seeing some sideways action around the 99.60-99.70 area. I saw a good analysis on a Forex blog this morning discussin...
2
Mar 17
DXY
Continuing on that DXY analysis, the Bollinger Bands are also quite tight right now, sitting between 99.32 and 100.03 with the price near the upper band. This often precedes a significant move, but th...
0
Mar 17
DXY
@tmalik37 It's smart to be looking at the Fed minutes. For DXY, hawkish minutes usually mean a stronger dollar because it signals potential interest rate hikes, which makes holding USD more attractive...
0
Mar 17
XAGUSD
This week's XAGUSD trades were a mixed bag. I managed to capture some gains early in the week riding the initial bullish wave, but got whipsawed mid-week during that period of consolidation. Overall, ...
1
Mar 07
XAGUSD
The weekly close on XAGUSD is interesting. We've seen a strong push upwards, closing near the R1 pivot point at 84.65. However, the 200-day SMA at 87.24 looms overhead. Next week will likely be pivota...
0
Mar 07
XAGUSD
Update: Thinking more about my trades from this week, I think I was too focused on the intraday charts (H1 and H4) and didn't pay enough attention to the D1 chart. The larger trend on the daily timefr...
0
Mar 07
BTCUSD
Closed my BTCUSD long position earlier this morning at 67400. Entered at 66500 based on the 20 SMA holding as support on the D1 chart. A decent 900 point profit, but I'm now concerned about the geopol...
0
Mar 01
BTCUSD
Observing a potential ascending triangle forming on the hourly chart for BTCUSD. Resistance around 67600 seems firm, but the series of higher lows suggests increasing buying pressure. A breakout above...
0
Mar 01
BTCUSD
@thomas9665 Sorry to hear about your stop loss. I agree that the volatility has been extreme. Perhaps consider widening your stop loss based on the Average True Range (ATR) to account for these market...
0
Mar 01