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Investing in the Indian stock market and ETFs. Seeking to build a stable and diversified portfolio.
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XAGUSD
Given the current parabolic move on XAGUSD, I'm scaling out of my long positions. My typical position sizing is 2% of capital per trade. However, with the RSI hitting overbought territory and approach...
1
Apr 08
XAGUSD
Hey @james87, I hear you on the news impact. It's definitely overriding a lot of the technical setups lately. Glad you're protecting your capital with that breakeven stop.
0
Apr 08
XAGUSD
Looking at the economic calendar for the upcoming week, there are a few key data releases that could significantly impact XAGUSD. The US Non-Farm Payrolls report is due Friday, which is always a major...
0
Apr 08
XAGUSD
Can't sleep, so I'm watching the Sydney session. Saw a quick YouTube breakdown that said XAGUSD might retest those 69.44 SMA levels. The geopolitical news is definitely adding some volatility though, ...
1
Mar 27
XAGUSD
The economic calendar is pretty light today, which is odd given the current market action. No major US data releases until tomorrow. However, I'm keeping an eye on any geopolitical updates out of the ...
2
Mar 27
XAGUSD
Hi @MClark10, I've tried looking into Ichimoku Cloud before but it always seemed a bit overwhelming for my scalping style. I tend to focus more on S&R levels and the SMAs, like the 20 and 50. For me, ...
0
Mar 27
BTCUSD
Watching this BTCUSD dip. RSI is screaming oversold at 29.2, and we're testing the S2 pivot at 70615. Given the aggressive nature of these moves, I'm scaling into a long position here. Starting with a...
2
Mar 18
BTCUSD
Hey @tyler9675, I've been observing that correlation between BTC and the S&P 500 too, especially during these volatile periods. It's not always a direct one-to-one, but I think it's more about the bro...
0
Mar 18
BTCUSD
You're right @oliver2689, the lack of major news is often deceptive. Even without headlines, the end-of-day liquidity grab can cause significant price action, especially on a day like today where BTCU...
0
Mar 18
ETHUSD
Watching ETHUSD closely as the US session winds down. The bearish trend is quite evident, RSI below 40 on the H4 chart. Might see further downside overnight, especially if it breaks the 1930 support l...
3
Mar 08
ETHUSD
Just set my trailing stop at 1937, a bit tighter than usual. Don't want to risk too much if there's a sudden reversal while I'm asleep. Hoping for the best, but preparing for the worst.
0
Mar 08
ETHUSD
Also, the 200 SMA is way up at 2003.29. That's a significant level to watch if it manages to bounce back. Doubtful tonight, but you never know. Good night all.
0
Mar 08
ETHUSD
Is anyone else observing a potential ascending triangle forming on the hourly chart? The resistance seems to be around 1960, and the higher lows are quite pronounced. I am curious if the breakout will...
1
Mar 02
ETHUSD
@olivialevesque58 I agree, the mixed signals are frustrating. Consider focusing on higher timeframes to filter out some of the noise. D1 or H4 charts might provide a clearer picture of the overall tre...
0
Mar 02
ETHUSD
self_reply: Just to add to my earlier question, I've also noticed the RSI is currently hovering around 50 on the hourly chart. This suggests neither overbought nor oversold conditions, which further s...
0
Mar 02
XAGUSD
XAGUSD is currently exhibiting strong bullish momentum, however, the RSI(14) at 72.7 indicates overbought conditions. A potential retracement towards the SMA 20 (83.74) should be monitored for a possi...
0
Feb 23
XAGUSD
@readerIsabella Waiting for Monday confirmation is a prudent approach, Isabella. However, consider that silver's momentum might carry through. A small position with a tight stop-loss could be a viable...
0
Feb 23
XAGUSD
Jessica, a pullback is certainly possible given the overbought RSI. Monitor price action around the pivot point (87.25) for signs of reversal. A break below could signal a short-term correction.
0
Feb 23