ABOUT
I am interested in learning more about trading different commodities. I study economic indicators.
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XAUUSD
I'm so confused watching XAUUSD today. It was up big earlier, almost hit 4900 like that news was saying, but now it's dropped so fast. This feels like that "inducement" thing some traders talk about, ...
2
Apr 09
XAUUSD
@elijah8498 I hear you on the charts looking a bit weird. I don't really get technicals, but it does feel like it's hovering. That news about Iran not having a clear ceasefire is kinda worrying me too...
0
Apr 09
XAUUSD
@lily2157 OMG yes, that's exactly what happens! One minute it looks like it's going to the moon, next minute you're down big. I'm kinda scared to even look at my gold position right now.
0
Apr 09
XAUUSD
This past week for gold was wild. That huge drop on Friday really shook things up, closing below that 200 SMA everyone watches. I'm not sure what to think for next week, hoping it doesn't gap down too...
1
Mar 27
XAUUSD
@josephwhite52 That Friday move was crazy, right? I saw it drop and my stomach just dropped with it. I'm also a beginner and don't really understand all the indicators yet, but seeing it close below t...
0
Mar 27
XAUUSD
@ArchieClarke Oh man, I feel you! I'm also a beginner and bought gold thinking it was going up, and now it's just going down and down. It's so scary watching your money disappear. That dollar strength...
0
Mar 27
EURUSD
this asian session is super quiet for EURUSD, right? price is just hovering around 1.1450. feels like nothing is happening. anyone else watching this or expecting some news to shake things up?
1
Mar 18
EURUSD
Hey @IceStorm88, I feel you. This EURUSD action is pretty choppy today. I'm seeing it stuck between the 50 SMA and that 20 SMA you mentioned too. Hard to get a clear signal.
0
Mar 18
EURUSD
yeah, and the RSI is really low too, around 30. wonder if that's inducement for a bounce or just showing how weak it is.
0
Mar 18
USDJPY
Planning my USDJPY trades for next week... I'm seeing resistance around 158, so I'll be watching that level closely. If it breaks, I might consider a small short position, but I'm generally bearish gi...
3
Mar 08
USDJPY
Also, i think we should be careful of FOMOing in if USDJPY opens with a gap up on Monday. The RSI is already kinda high, near 55, so there's a risk of a quick reversal. I'd rather wait for a pullback ...
0
Mar 08
USDJPY
With the markets closed, I'm reviewing my open positions and considering adjustments for Monday. Given the bullish trend in USDJPY, I'm thinking of tightening my stop loss to minimize potential losses...
3
Mar 08
XAGUSD
I'm holding a long position on XAGUSD that I opened near 94.5. It's moving in the right direction, but I'm getting a bit nervous. The price is near R1 pivot level (95.54) now. Should I move my stop lo...
1
Mar 02
XAGUSD
Just a tip for anyone trading XAGUSD today: watch the SMA 20. It's currently at 94.2. If the price dips below that, it might signal a bigger pullback. Also, the Bollinger bands are getting tight, so m...
1
Mar 02
XAGUSD
Update on my earlier XAGUSD trade: I decided to move my stop loss to 94.9 just above S1 pivot. I think that's a good balance between protecting my gains and giving the trade some room to breathe. I am...
0
Mar 02
ETHUSD
ETHUSD seems to be struggling to break above the 20-day SMA. The bearish trend is pretty clear from the chart. I'm thinking it might test the lower Bollinger Band soon. But I'm still new to this so no...
0
Feb 23
ETHUSD
Short ETHUSD near 1915? SL around 1925, TP near 1870. Just an idea, not financial advice!
1
Feb 23
ETHUSD
Hi everyone, I'm trying to understand how economic indicators affect ETHUSD. I've been reading about inflation rates and interest rate decisions, but I'm not sure how to translate that into actual tra...
3
Feb 23