ABOUT
I am interested in investing in precious metals like silver and platinum. I believe they will continue to increase in value.
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BTCUSD
This BTCUSD action today reminds me of that wild run we saw in ETH a few months back. Remember how it just seemed to grind higher, taking out stops left and right before a big surge? It feels like tha...
0
Apr 09
BTCUSD
Hey @DuskRunner37, that liquidity grab theory is interesting. I'm also watching those levels closely. If we can smash through the 71k resistance, I reckon we're going to see some serious fireworks. Th...
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Apr 09
BTCUSD
@harrycarter21, you're right, the signals are a bit mixed. I usually ignore all that noise and just throw on a massive leverage long when I feel the momentum. The daily chart might look stretched, but...
0
Apr 09
USDJPY
Looking at the USDJPY daily chart over the weekend, that RSI is sitting at 70.4, which screams overbought to me. We've seen this pattern before where it spikes up right before a sharp pullback. I'm ...
1
Mar 27
USDJPY
That weekly close for USDJPY at 159.22 was quite a surprise, wasn't it? After all the craziness, it felt like it just stalled out. I'm not trading this over the weekend, too risky with potential gap...
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Mar 27
USDJPY
@E_Smith I totally agree with you on that bearish engulfing candle on H4. It looked so obvious, and you're right, it’s designed to trap retail. Anyone buying near the close on Friday is going to have ...
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Mar 27
ETHUSD
I'm still trying to get a handle on using Fibonacci retracements effectively. Does anyone have a go-to strategy or a specific indicator they pair with Fibo levels to confirm entries on ETHUSD? I find ...
1
Mar 18
ETHUSD
Watching my ETHUSD short position from earlier. Price is hovering around 2190 now. I've moved my stop loss to breakeven, just in case. Feeling a bit anxious with this sideways action though.
2
Mar 18
ETHUSD
Hi @brittanymoore, I understand your observation about the range. It does feel like ETHUSD is consolidating around the 2150-2250 area, and the RSI is indeed sitting in that neutral zone, not giving st...
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Mar 18
GBPUSD
I always worry about gap openings over the weekend. GBPUSD has been quite volatile lately. If there's some unexpected news, like further escalation of the oil crisis, we might see a significant gap up...
4
Mar 08
GBPUSD
@AishwaryaSkier I also think 1.3420 is likely, but I am not sure it will break. RSI is high and volume might be low. So maybe a small scalp short before it goes up? I would wait for confirmation befor...
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Mar 08
GBPUSD
Next week, I expect GBPUSD to remain somewhat bullish. The 20 and 50 SMAs are providing good support. However, the 200 SMA at 1.34206 will act as a strong resistance. I will be watching for a breakout...
1
Mar 08
BTCUSD
Good morning, everyone. I am relatively new to trading Bitcoin, and I'm trying to understand the current sentiment. Do you feel this recent upward movement is sustainable? I am considering a small lon...
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Mar 02
BTCUSD
@SharpTrail63 I appreciate your cautious approach. As a beginner, it's easy to get caught up in the hype. The 200-day SMA around 68000 you mentioned seems like a crucial level to watch. If the price f...
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Mar 02
BTCUSD
Update: I decided to enter a small long position at 66300. My stop loss is placed at 66150, just below the 50 SMA. I am watching the price action closely and feeling a bit nervous, to be honest. Hopef...
1
Mar 02
XAGUSD
I am relatively new to trading silver, and I am attempting to use scalping strategies. Given the current bullish trend and the RSI nearing overbought levels, what are some effective risk management te...
2
Feb 23
XAGUSD
Update: I have been studying the Bollinger Bands in relation to the silver price. It appears the price is approaching the upper band. Does this suggest a potential short-term pullback, and if so, what...
0
Feb 23
XAGUSD
@HGarba79, I understand your concern about the bearish candle on the weekly chart. However, considering the overall trend supported by the SMAs, could it be a temporary correction before the price con...
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Feb 23