ABOUT
Trading in the Indian commodity market. Analyzing supply and demand factors affecting prices.
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BTCUSD
Just closed my long position on BTCUSD. Bought it around 72500 and sold at 72900. Not a huge win, but better than watching it go sideways all night. Still a bit worried about overnight moves though, c...
1
Apr 10
BTCUSD
Hi @GraceKing, I'm also new to trading BTCUSD and finding it hard. I don't understand Bollinger Bands much, they seem complicated. I just watch if price goes up or down from where I bought. Sometimes ...
0
Apr 10
BTCUSD
Planning a trip to Goa next month. Hoping for some relaxing beach time and good food. Any recommendations for places to visit?
1
Apr 10
XAGUSD
This past week for XAGUSD was quite volatile, ending near 69.74. I'm a bit concerned about Monday's open; will we see a gap up or down with all the Middle East news? I'm planning to set up my watchlis...
1
Mar 28
XAGUSD
What are others expecting for XAGUSD next week? Any predictions on whether it will break that 70 level or climb higher?
1
Mar 28
XAGUSD
@mia1996 Oh wow, 'Galactic Echoes' sounds intriguing! I haven't had much time for TV lately because I've been glued to the XAGUSD charts, trying to figure out if it's going to drop further or bounce b...
0
Mar 28
ETHUSD
Given the current bearish trend on ETHUSD, with the price below the 200 SMA and RSI at 35.9, I'm implementing a smaller position size today. I've decided to allocate only 0.5% of my capital per trade....
0
Mar 19
ETHUSD
@NoahMorgan I agree, that bullish engulfing could be a trap. The RSI is definitely not confirming strength, and being near the upper Bollinger band is a warning sign for me.
0
Mar 19
ETHUSD
@keenstorm You're right to highlight the economic calendar. The news about Iran's impact on Europe's economy has me worried about wider crypto effects, so I'm watching those announcements very closely...
0
Mar 19
GBPUSD
Considering the current market sentiment and the fact that it's weekend, I'm thinking of reducing my position size on GBPUSD. The news about the oil crisis might create some unexpected volatility when...
2
Mar 08
GBPUSD
@amit4313 Your analysis about the 1.3340-1.3410 range seems reasonable. I agree that the oil crisis is a significant factor. However, I'm a bit concerned about relying too much on the news, as market ...
0
Mar 08
GBPUSD
Also, I was reviewing the charts on D1 timeframe. The 200 SMA is around 1.34206, which could act as a strong resistance. If the price manages to break above that, it might signal a stronger bullish mo...
0
Mar 08
XAUUSD
A sharp move upwards just now! Is this a bull trap or a genuine breakout? I am observing cautiously before initiating any position. This volatility is making me anxious.
0
Mar 02
XAUUSD
Off topic, but has anyone watched 'Scam 1992'? Excellent portrayal of the Indian stock market in the 90s. Highly recommend!
0
Mar 02
XAUUSD
@VSingh84, I agree that geopolitical risks are a major factor. However, as a beginner, I find it difficult to accurately assess the impact of bond yields. Any tips on how to better understand this rel...
0
Mar 02
EURUSD
The EURUSD market appears to be in a state of equilibrium. With the price hovering around 1.17975 and the RSI showing a neutral reading, it suggests a lack of strong directional momentum. It seems pru...
1
Feb 23
EURUSD
Update: Considering the proximity to the pivot point at 1.178, a short-term bounce is possible. However, given the broader trend, any upward movement might face resistance around the 20-day SMA at 1.1...
0
Feb 23
EURUSD
Mr. @mohanrao, your observation regarding the 20-day SMA is valid. Given the neutral RSI, a breakout above 1.18059 is uncertain. It might be wise to monitor price action and volume around that level. ...
0
Feb 23