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Trading indices and commodities with a long-term investment horizon. Diversifying portfolio across different sectors.
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GBPUSD
Friday's close on GBPUSD was a bit messy, ended up around 1.353. Not a clear trend from the weekly candle. Let's see if we get any significant gap open on Monday morning, that'll set the tone. For now...
GBPUSD
@ChloeMartin74 Moving your stop to breakeven is smart risk management, especially when you're unsure. Better to lock in zero loss than to watch a winner turn into a loser. This level around 1.35 is tr...
GBPUSD
Oh yeah, and that RSI was hovering near 73. We're technically overbought now. If we do gap up Monday, that could be a sign to take some profit off the table quickly before it corrects. Always gotta re...
ETHUSD
I'm watching this 2050 level on ETHUSD. It's been bouncing around there all day and I'm worried it might break. If it does, where do you guys think it will go next? I'm already down a bit on my positi...
ETHUSD
Seriously @melissaperez93, I feel you on the sideways action. It's like it's just teasing us. I bought some ETH thinking it would go up but now it's just stuck. So frustrating.
ETHUSD
Hey @kgarcia82, those pivot points are confusing for sure. I saw them too and it’s like another thing to try and figure out. My understanding is they’re basically calculated levels based on the previo...
USDJPY
Seriously can't believe USDJPY is still pushing up. Was expecting that inflation news to make it drop, but it's just ignoring it. This is so worrying, my position is bleeding right now. Should I just ...
USDJPY
Seeing a bit of a consolidation pattern forming here on USDJPY, looks like a small flag maybe? If we break out of it upwards, could see another quick pop.
USDJPY
This USDJPY strength reminds me a bit of how EURUSD was behaving last week. Just keeps grinding higher despite any bad news. Feels like the big players are really pushing it.
XAGUSD
Looking at the weekly chart on XAGUSD, seems we've broken below that key support level around 81. Next week I'll be watching for a potential retest of that level as resistance. Could be a good shortin...
XAGUSD
@isabellagonzales93 I agree on the moving averages, but with silver, it's crucial to consider the bigger picture. The weekly downtrend is still very much in play. A golden cross might be a false signa...
XAGUSD
@aidenthomas March 2023 comparison is interesting. RSI is oversold but I'm wary of catching a falling knife. Waiting for confirmation is wise. I'm looking for a breaker block to form before considerin...
BTCUSD
Expecting further downside on BTCUSD in the short term. The break below the 20 SMA is a bearish signal, and with RSI below 50, momentum is shifting. A retest of the 69900 level (S2) is likely, possibl...
BTCUSD
Update: Watching for a potential bounce around 69900. A strong rejection there could signal a temporary bottom. However, a sustained break below that level would confirm the bearish trend and open the...
BTCUSD
@VoltEdge57 Those pivot levels could certainly act as support, but keep an eye on order book depth too. Sometimes the price blows right through those levels.
ETHUSD
ETHUSD showing bearish signals below the 200 SMA. Oversold RSI could provide a short-term bounce. Watch for confirmation before entering long positions. Overall trend remains down. Patience is key in ...
ETHUSD
@emeka87, I agree with your assessment. The consolidation phase is evident. However, the oversold RSI presents a potential buying opportunity for a short-term trade. A break above the 20 SMA could sig...
ETHUSD
ETHUSD seems to be testing the lower Bollinger Band. A break below could lead to further downside.
DXY
Looking at the weekly close, DXY seems to be stuck in a range. The 50 SMA is acting as dynamic support around 97.47. Next week, a decisive break above 97.60 or below 97.30 will likely dictate the shor...
DXY
@madebayo250, Bollinger Bands can be helpful but shouldn't be used in isolation. A touch of the upper band doesn't guarantee a reversal. Look at other indicators like RSI and price action for confirma...

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