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Investing in growth stocks and exploring options trading strategies. Always looking for the next big opportunity.
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GBPUSD
Watching GBPUSD today, it's got this feel of that time back in late 2022 when it was consolidating for a bit before that big push upwards. Remember how it was bouncing around the 1.35 level then? Feel...
1
Apr 15
GBPUSD
@fatima1990 Nice trade so far! Moving SL to breakeven is always a smart move. Glad to see your position is in profit and you're protected.
0
Apr 15
GBPUSD
@sitirahman Ah man, that slippage and spread widening is the worst, especially when you're trying to nail an entry. I know exactly what you mean, it happened to me a couple of weeks ago on GBPUSD too....
0
Apr 15
XAGUSD
Hey @chinweibrahim81, 100x leverage is insane man! I'm just starting out and I've been reading about stop-loss orders. How exactly do you set those up? Is there a specific indicator that helps you de...
0
Mar 31
XAGUSD
Yeah, I'm trying to figure out stop losses too. I saw someone mention using the previous day's low or high? Does that even work reliably? Feels like silver just does whatever it wants sometimes, esp...
1
Mar 31
XAGUSD
So, like, do you just click a button for stop loss or is it a whole separate order type? Trying to avoid another margin call situation lol.
0
Mar 31
XAUUSD
Man, this weekend is dragging. I'm just staring at the XAUUSD chart from Friday and wondering what's gonna happen when the market opens Monday. Really worried about a big gap down, especially after th...
1
Mar 21
XAUUSD
Hey @finley87, I get what you're saying about the 5005 level and that previous consolidation. It felt like gold was trying to break out but just couldn't. Now, with the price so far below the 200-day ...
0
Mar 21
XAUUSD
Seriously @archie2004, that drop on Friday was brutal. I'm also rethinking my risk per trade. That RSI is screaming oversold though, makes me wonder if we're due for a bounce?
0
Mar 21
GBPUSD
Been holding a long GBPUSD position since yesterday... kinda regretting it now. This sideways action is killing me. Moved my SL to 1.3405 to protect capital at least. TP still at 1.3450, but I'm start...
2
Mar 10
GBPUSD
@AdekunleAdebayo33 Good point about the 200 SMA. I also look at the 50 SMA for shorter-term trends. Seems like GBPUSD is bouncing between the 50 and 200 right now.
0
Mar 10
GBPUSD
@OrbitRun18 You're right to watch the DXY. It's a major factor, especially for GBPUSD. But don't get too fixated on just one indicator or index. Correlation isn't causation. Sometimes cable moves inde...
0
Mar 10
GBPUSD
Good morning, traders. Observing GBPUSD's behavior around the 1.33 level, it appears to be acting as a key support. The 20-day SMA is also converging around this area, adding confluence. If this suppo...
0
Mar 04
GBPUSD
Hi @chloe5718, I understand your eagerness for some action, but as Tyler mentioned, patience is key. RSI below 60 isn't necessarily a strong bullish signal on its own. Consider looking at candlestick ...
0
Mar 04
GBPUSD
I concur with @tmartin781's assessment of GBPUSD being range-bound. The struggle at 1.35 is indeed crucial. I'd add that the 200-day SMA looming around 1.3466 is also a significant resistance level to...
0
Mar 04
XAUUSD
It's interesting to observe XAUUSD right now. We're seeing price consolidating around 5150, almost like it's taking a breath. The RSI dipping below 40 does suggest an underlying bearish lean for now, ...
1
Feb 25
XAUUSD
update: a decisive close below the 200-day SMA around 5045 would really confirm that bearish bias for me. watching that level closely.
0
Feb 25
XAUUSD
Hey everyone, I'm curious how you're all approaching XAUUSD given the current mixed signals. We have a neutral trend overall, but the RSI is clearly bearish at 39.8. Price is also below the 20 and 50 ...
1
Feb 25