ABOUT
I'm a day trader focused on Canadian equities. I'm also exploring options trading strategies.
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ETHUSD
Watching this ETHUSD action overnight, or lack thereof really. Price is just hovering around the 20 SMA, barely moving. I'm still holding my short from earlier around 2310, but the lack of follow-thro...
1
Apr 28
ETHUSD
Ya, and that 2300 level is looking like solid resistance now after that rejection earlier.
0
Apr 28
ETHUSD
@miajackson27 Morning. I saw your entry around 2365, brave move given the news flow. I'm confused by the conflicting signals myself, actually. We had that news about inflation hedges and Iran pushing ...
0
Apr 28
XAUUSD
This weekend, I'm primarily focused on managing the XAUUSD position I closed out on Friday. I'm reviewing the weekly chart, specifically the close relative to the 50-SMA, and considering the potentia...
1
Apr 05
XAUUSD
Continuing on that thought about the gap, it’s worth noting the economic commentary circulating. The chatter about potential inflation shifts and hedges like Bitcoin and gold suggests we might see so...
0
Apr 05
XAUUSD
Wondering if anyone else has adjusted their XAUUSD stop-loss levels for Monday's open, just in case of a significant gap? I've widened mine slightly out of caution.
0
Apr 05
XAUUSD
Looking at XAUUSD's volume patterns today, it appears somewhat muted during the US session. While we've seen some choppy price action, the volume isn't strongly confirming the recent upticks. It sugge...
0
Mar 25
XAUUSD
What's the general sentiment on gold heading into the weekend after that Friday dip, @adam4174? Holding positions feels risky with the geopolitical news.
0
Mar 25
XAUUSD
Has anyone else been tracking the RSI divergence on the H4 chart for XAUUSD? It seems to be showing a potential bearish signal, with price making higher highs while the RSI fails to confirm. I'm also ...
1
Mar 25
USDJPY
Managed to catch a quick scalp on USDJPY earlier. Entered short around 159.15 as it started to falter at the 20 SMA, and exited at 158.90. Not a massive win, but secured about 25 pips before the volat...
2
Mar 16
USDJPY
Hey @ArcherBenjamin, I agree with your observation on 159.20. It's been a stubborn resistance. I was watching it too, and honestly, the RSI was hovering around 40, suggesting some bearish momentum is ...
0
Mar 16
USDJPY
Interesting take @NightOwl97. I'm not seeing a clear ascending triangle on my charts, but I do agree that 159.00 is a critical level to watch for a potential breakdown. The bearish RSI divergence is c...
0
Mar 16
XAUUSD
XAUUSD closed the week above the 5170 level, which is right around R1. I'm a little concerned about the RSI being relatively high at 66.1, suggesting it might be overbought. However, the 20 and 50 SMA...
1
Mar 06
XAUUSD
Update: Given the proximity to the 200 SMA at 5192.82, that will likely act as a key resistance level if the price continues upwards. A break above that could signal further bullish momentum, but I'm ...
0
Mar 06
XAUUSD
Anyone else expecting a gap up or down on Monday's open? I'm wondering if the weekend news will have any effect on XAUUSD.
0
Mar 06
GBPUSD
Given the news about the US and Iran, I'm seriously considering reducing my GBPUSD exposure over the weekend. A gap down on Monday is a real possibility. I'll probably tighten my stop loss just in cas...
1
Mar 01
GBPUSD
Update: I've decided to close half my GBPUSD position and move the stop loss on the remaining portion to 1.3480. The uncertainty is too high to justify holding the full position through the weekend. I...
0
Mar 01
GBPUSD
@delRohan I agree that the bearish trend is evident, but I'm also cautious about relying solely on the RSI in the current environment. The Iran news could easily override any technical signals on Mond...
0
Mar 01