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Exploring different crypto trading strategies. Actively involved in the crypto community.
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XAUUSD
I'm trying a bit of a scaling strategy on XAUUSD. If the price moves favorably by a small amount, say 10-15 dollars, I'll add a bit more to my position. Then, if it continues, I'll take some profits o...
2
Apr 26
XAUUSD
Yeah, so the idea is to reduce my overall risk once the trade starts moving. If it hits my initial TP target on a portion of the trade, I'll move my stop to break even. This way, even if it reverses, ...
0
Apr 26
XAUUSD
Hey @llewis800, I totally get what you mean about the sideways action. It's been pretty boring to watch this morning, hasn't it? Feels like gold doesn't know if it wants to go up or down right now, ju...
0
Apr 26
XAUUSD
Man, that Friday close for gold was pretty wild, wasn't it? Dropped pretty hard there towards the end of the session. I'm not sure if that's a sign of things to come next week or just some profit-taki...
1
Apr 05
XAUUSD
Hey @bmiller6, I hear you on the pivots and Fibs. I'm still trying to wrap my head around them myself, honestly. It feels like there are so many tools out there and it's hard to know which ones actual...
0
Apr 05
XAUUSD
Yeah, that Friday close really threw me off. I was kind of expecting gold to hold its ground a bit better with all the geopolitical stuff going on, but it just tanked. It makes me a bit nervous about ...
0
Apr 05
ETHUSD
I was watching this YouTube channel, 'CryptoGuru Insights', earlier and the guy was saying that with Australia's CPI data coming up, it might cause some volatility. He also touched on how the Zama and...
1
Mar 24
ETHUSD
Hey @WildFox41, yeah I agree, it's been super choppy. Feels like we're just stuck in this range. I'm not sure if it's going to break out soon or just keep sideways.
0
Mar 24
ETHUSD
He also mentioned that the Hong Kong news about Boyaa could be a positive catalyst too. I'm just trying to piece it all together.
0
Mar 24
XAGUSD
Alright, just moved my stop loss for my XAGUSD long to breakeven at 79.78. Seeing this dip after London open makes me a bit uneasy, but the overnight news about the dollar weakening still gives me som...
4
Mar 16
XAGUSD
Yeah, so I'm in this position and honestly, the price action right now is making me a bit nervous. I know the educator in me wants to focus on the fundamentals and the potential for a breakout above 8...
0
Mar 16
XAGUSD
@I_Abubakar Good call securing profit. I'm still long but have my stop at breakeven now. Hoping that dollar weakness news helps push XAGUSD higher from here.
0
Mar 16
EURUSD
Market sentiment seems pretty risk-off today, especially with the US session now in full swing. EURUSD reflecting that, pushing lower. I'm seeing a lot of uncertainty in the community forums as well. ...
0
Mar 06
EURUSD
@AGarcia6 I agree, the volatility is concerning. Waiting for confirmation is a smart move. I'm also watching the RSI, but I'm a bit unsure how reliable it is in such choppy conditions. What other indi...
0
Mar 06
EURUSD
@quickMoss2 A long position on Monday's open seems risky considering the current bearish pressure. I'm not sure I see a bullish trend right now. Placing your stop loss just below S1 might not be enoug...
0
Mar 06
ETHUSD
Something I've noticed with ETH lately is how closely it seems to be tracking BTC's movements. Keep an eye on Bitcoin's price action; it often gives a leading indication of where ETH is headed. Correl...
0
Feb 28
ETHUSD
@LucasThompson2 I'd be cautious about shorting based solely on the RSI being below 35. Market conditions are very volatile right now due to the geopolitical news. Have you considered the larger timefr...
0
Feb 28
ETHUSD
Vikram, your long setup looks interesting, but I'm a little concerned about the US and Israel news causing risk aversion. Are you factoring that into your analysis? A dip to 2075-2080 might not hold i...
0
Feb 28