ABOUT
Trading Gold futures and options. Trying to understand market volatility.
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XAUUSD
Weekend already, and gold's just sitting there. This waiting game is killing me. Seriously wishing Monday would just hurry up already so I can see what this gap open does. Hope it's not a disaster.
XAUUSD
What's everyone expecting for XAUUSD next week? With that oil volatility and the dollar weakening on Iran talks, it's hard to say. I'm keeping an eye on that 4785 resistance, but also worried about a ...
XAUUSD
Yeah, that Iran news was pretty wild. Saw the dollar drop hard on that. Definitely a factor for Monday's open.
USDJPY
What a week on USDJPY. My swing longs got chopped up. Friday's close near 160 is a bit concerning for my positions heading into the weekend. Hope that gap risk isn't too bad for Monday.
USDJPY
@RajeshShah65 Agree, the gap risk is always there. This whole dollar strength and yen weakness narrative is strong, but you never know what happens over a weekend. That Fed talk is definitely somethin...
USDJPY
@WilliamWilson Yeah, it feels like it wants to go higher but that R1 pivot is like a wall. Let's see if it breaks it on Monday or if we get a pullback.
ETHUSD
Watching ETHUSD, looks like a falling wedge forming on the hourly. Price action is tight. If we break above the upper trendline with volume, could see a bounce. Still cautious with that RSI at 33.
ETHUSD
Saw a YouTube video this morning about smart money accumulating ETH at these levels. Might be something to it.
ETHUSD
Risking 1% on this ETHUSD trade. If it goes south, no big deal. Better than over-leveraging and getting wiped out like @osmith182 mentioned.
XAUUSD
I'm convinced the market is personally targeting my SLs. I set it just below what I think is a safe level, and BAM, liquidity grab. Every. Single. Time. Maybe I should start setting my SLs randomly an...
XAUUSD
Actually, now that I think about it, maybe I'm the inducement. Market makers probably see my SLs and go after them specifically. Gotta start being more unpredictable. Time to inverse my own strategy.....
XAUUSD
@NehaGupta45 I feel your pain! Gold is especially brutal with that. It's like it waits for the quietest moment to make its move. I used to think it was just me, but it seems like everyone has the same...
ETHUSD
Took a short position earlier near 2050, targeting 2000. SL at 2070. Unfortunately, hit my stop loss. Market volatility is high, need to be more patient. Will re-evaluate the chart in the morning for ...
ETHUSD
@PilotVikram I agree with your analysis. A dip towards 2075-2080 area looks like a good entry point for a long position. However, I would suggest tightening the stop loss a bit, maybe around 2065. The...
ETHUSD
@adaugo1988 Good morning. The struggle below the 20-day SMA is concerning, but the overall trend still seems bullish. RSI being oversold could indicate a potential bounce, but it's not a guarantee. I ...
BTCUSD
BTC oversold territory on the RSI. Expecting a short-term bounce soon. Key levels to watch are the pivot point and the 20 SMA as potential resistance. Trade with caution.
BTCUSD
@sMoore76 68000 is too late for a short entry, BTC is already falling. Risk/reward is not favorable at that level. Consider lower entry points.
BTCUSD
No confidence here, @ChristopherW82. This is a clear downtrend. Sentiment is bearish until we see a strong break above the 50 SMA.
XAUUSD
XAUUSD showing strong bullish momentum. Watch for a potential pullback to the 4950-4960 range before continuing higher. RSI is approaching overbought territory, so be careful chasing the rally. Overal...
XAUUSD
Update: A close above 4970 would confirm the bullish bias. Targeting 4980-4990 next.

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