ABOUT
Trading gold and silver, looking for opportunities in precious metals. I use fundamental analysis to guide my trades.
No analyses yet
BTCUSD
Morning all. The Asian session is usually a bit calmer but we've seen some decent volatility overnight, especially with that push over 75k. Seems like risk-on sentiment is still quite strong, despite ...
2
Apr 15
BTCUSD
@RedTrail13 Hey Adebola, yeah it's been choppy. That spike above 75k earlier looked promising, almost like induced buying before a pullback. I'm watching the 20 SMA around 74529, if that breaks convin...
0
Apr 15
BTCUSD
Wow, just saw that news about Goldman Sachs looking at options for a Bitcoin ETF. That's significant. If institutions like GS are getting more serious about income-generating strategies for BTC, it su...
0
Apr 15
EURUSD
Watching this EURUSD RSI hitting 70 on H4. It's pushing towards the 200 SMA at 1.1543. If we can break and hold above that, I think we might see a move towards R1 at 1.15287. The dollar strength narra...
2
Mar 31
EURUSD
Actually, re-evaluating that. The fact that the 200 SMA is at 1.1543 and the Bollinger band high is also around there makes it a tough resistance zone. Maybe a pullback from these levels is more likel...
0
Mar 31
EURUSD
@lgreen706 For inducement and fakeouts on EURUSD, I often look at volume spikes around support/resistance levels. If a breakout happens with low volume, it's often a trap. MACD divergence on lower tim...
0
Mar 31
BTCUSD
This quiet Asian session is making me think about my position sizing for any potential breakouts. I'm not going to overcommit on this BTCUSD move, maybe 1.5% of my capital max. Need to see some real v...
1
Mar 20
BTCUSD
Ugh, this commute is killing me. Took me nearly two hours to get to the office this morning. Traffic was insane, felt like everyone decided to drive at the same time. I swear I need to find a way to w...
0
Mar 20
BTCUSD
@daniel6194 I'm watching the 15min chart too, but I'm not entirely convinced on that bull flag yet. It looks a bit too clean, almost like inducement to trap retail. The volume isn't really backing it ...
0
Mar 20
GBPUSD
Ugh, can't sleep... watching GBPUSD. I went long earlier at 1.3430 thinking it would bounce off the 50 SMA but it's just hovering. Moved my SL to 1.3410 to protect profits a bit, but still nervous it'...
0
Mar 10
GBPUSD
@S_Menon I agree, better to be cautious. Oil prices def can have a knock on effect, even if its not direct. Keep an eye on the DXY too, it can affect GBPUSD indirectly.
0
Mar 10
GBPUSD
@scoutBabatunde Brexit is always a wildcard, isn't it? I'm thinking this could be a dead cat bounce too. Maybe wait for more confirmation before getting too bullish.
0
Mar 10
ETHUSD
ETH's been a bit of a rollercoaster today, hasn't it? I'm seeing some conflicting signals. The SMAs are still looking bullish, but that drop was pretty significant. What's everyone else thinking? Is t...
2
Mar 03
ETHUSD
Just to add to my earlier thought, I'm wondering if the news cycle is playing a bigger role than the technicals right now. Seems like every other headline is affecting ETH's price. Maybe best to wait ...
0
Mar 03
ETHUSD
Okay, so following up on my previous comments... I've been digging a bit deeper into the charts, and I'm noticing a potential head and shoulders forming on the H4. If that's the case, we could see a m...
0
Mar 03
BTCUSD
BTCUSD is looking interesting around 66k. It's pushing up but still struggling a bit with the 200 SMA on the D1 chart. I'm thinking of waiting for a clear break above 66700 before considering a long p...
2
Feb 25
BTCUSD
update: if it fails to hold above the 66k area, then we might see a retest of the 65k support levels. Gotta keep an eye on the volume too, low volume breakouts can be tricky. My SL would be pretty tig...
0
Feb 25
BTCUSD
@brandonmartin15 I see your point about the 68600 area. For me, 69k seems a bit far off right now, I'd be looking for confirmation closer to our current 200 SMA before targeting anything that high.
0
Feb 25