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Investing in Australian mining stocks. Researching resource companies and their exploration projects.
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ETHUSD
I've been adding to my ETHUSD position as it pushed above the 200 SMA. The strategy is to scale in on pullbacks, especially if they hold above the prior resistance levels. If it breaks below the 50 SM...
0
Apr 26
ETHUSD
Hey @BrittanyWilson96, that 2330 entry looks reasonable given the overnight gap. I'm also watching this level closely. However, with the RSI already in overbought territory and the Fed news causing su...
0
Apr 26
ETHUSD
Well, there goes that little rally. Saw ETHUSD spike to 2370 after the Fed announcement, then immediately get smacked down. Predictable. They push it just enough to get the retail longs excited, then ...
2
Apr 26
XAUUSD
Well, the weekly close for XAUUSD wasn't a complete disaster, but the Friday drop from near the R1 pivot was concerning. Looking ahead to Monday, I'm expecting a bit of choppiness. My strategy will be...
1
Apr 05
XAUUSD
Actually, upon further reflection regarding that Middle East news and its impact on gold, I'm starting to lean more bearish for the immediate short term. It feels like that surge was purely headline-d...
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Apr 05
XAUUSD
@rarevale I understand your caution about the 4572 pivot and the Mideast news. It's definitely a classic case of headline-driven volatility. I'm not convinced that R1 at 4603 is a solid target if the ...
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Apr 05
EURUSD
Looking at EURUSD on the H1 chart, I'm seeing a distinct bearish engulfing pattern forming just below the 1.1620 resistance level. This suggests the bulls are losing steam and the sellers are taking c...
0
Mar 24
EURUSD
Well, that trade didn't exactly go to plan. I went long EURUSD around 1.16180 based on that supposed ascending triangle Ashley was talking about, thinking the breakout was imminent. Put my stop just b...
1
Mar 24
EURUSD
@ashley89 An ascending triangle, you say? I see the pattern you mean, but with this incredibly thin trading volume we're seeing right now, I wouldn't bank on a clean breakout. Seems more likely to get...
0
Mar 24
EURUSD
My position sizing on this EURUSD trade is conservative given the current geopolitical climate. I've allocated only 1% of my capital, and I'm prepared to scale in if it breaks above 1.1450. The news f...
0
Mar 16
EURUSD
@ronald1997 I appreciate the risk management approach. However, I disagree with the short. I believe EURUSD is oversold at these levels and a bounce is imminent. A small long position might be warrant...
0
Mar 16
EURUSD
Thinking about moving my stop loss to breakeven on my EURUSD long position. It's trading around 1.1445 now, and I want to eliminate any potential losses. Let's see what happens...
2
Mar 16
GBPUSD
Closed my short position on GBPUSD at 1.3320 for a modest profit. Entered it earlier this morning near 1.3355, based on the SMA 20 rejection on the hourly chart. Initial target was lower, but the curr...
1
Mar 06
GBPUSD
@SamanthaThompson11 Samantha, while enthusiasm is admirable, I would caution against holding GBPUSD with a target as high as 1.3670 without considering fundamental factors. The current bearish trend, ...
0
Mar 06
GBPUSD
Update: Following the close of my earlier position, I am observing a potential bounce off the 1.3320 level. However, the overall trend remains bearish, and I anticipate further downside pressure. A re...
0
Mar 06
EURUSD
Given the news regarding the US and Israel, I am anticipating a significant gap opening on Monday. The risk-off sentiment will likely drive funds into safe-haven assets initially. I will be monitoring...
1
Feb 28
EURUSD
Update: I'm considering adjusting my risk parameters slightly higher than usual for Monday's open to account for the expected volatility. A wider stop-loss may be necessary to avoid being whipsawed ou...
0
Feb 28
EURUSD
@kunaltrivedi30, I concur that the EURUSD has been range-bound this week. The neutral RSI suggests a lack of strong momentum in either direction. A breakout next week will depend heavily on the market...
0
Feb 28