ABOUT
Primarily trading Nifty and Bank Nifty futures. I follow market trends closely.
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XAUUSD
Weekend review for gold. Friday closed near 4749, still inside that range from the previous week. Weekly candle was mostly flat. Looking at the chart, it seems stuck between the 50 SMA and the Bolling...
0
Apr 12
XAUUSD
Yeah @sophie7626, the slippage can be brutal on XAUUSD. Friday was pretty choppy around the close, hard to get fills at ideal prices.
0
Apr 12
XAUUSD
Weekly close for gold was a bit indecisive. Not a strong bullish or bearish candle. Just waiting to see what Monday brings, hoping for a clear direction to form.
1
Apr 12
XAGUSD
This week was a bit wild with silver. Saw that rebound on Friday but it failed to hold $70. The dollar strength was a big factor, especially with that Iran news. Honestly, feeling a bit hesitant about...
2
Mar 29
XAGUSD
Hey @ArchieG36, I get what you're saying about the 50-day SMA holding, and that consolidation pattern is definitely there. But the dollar strength driven by the Middle East tension is a huge red flag ...
0
Mar 29
XAGUSD
Hi @FreyaCarter, I'm in a similar boat with Bollinger Bands. I mostly use them to gauge volatility. When the bands squeeze together, it usually means a big move is coming, but it doesn't tell you the ...
0
Mar 29
BTCUSD
man the spreads on BTCUSD are wild right now. feels like my broker just widens them whenever there's any real volatility. tried to get a quick scalp in and slippage just ate all my potential profit. s...
2
Mar 19
BTCUSD
This BTCUSD price action reminds me a bit of how crude oil was behaving a few months back, especially with all this geopolitical news hitting. You had these big, sudden spikes and drops based on headl...
0
Mar 19
BTCUSD
Totally agree @christopher_b73. That discipline is key. I've noticed when I over-trade or chase moves, that's when I usually get rekt. Sticking to the plan, even if it means missing a few quick profit...
0
Mar 19
ETHUSD
This ETH run is insane! I thought it would correct at 1980 but no, straight to 2000. Now above 2010... RSI is pretty high, but still going up. Maybe I should just FOMO in a small position? NFA though,...
1
Mar 09
ETHUSD
@ShwetaS28, rising wedge... interesting. I see it too, but ETH is just ignoring all the usual patterns lately. With the China CPI news, maybe there's more buying pressure than we think? Could be a fak...
0
Mar 09
ETHUSD
@sophie90, good call on the position sizing. Very important. Especially with all the volatility rn. I'm also keeping my ETHUSD trades small, maybe 0.5%. The Dow Jones futures are dropping, so that mig...
0
Mar 09
XAGUSD
Took a small loss on XAGUSD earlier. Entered short near 91.50 based on the 50 SMA resistance, but it didn't hold. SL hit at 92.00. Market's been choppy.
1
Mar 03
XAGUSD
Update: Looking at the charts again. Seems like a false breakout. RSI is still below 50 on the H4. Will re-enter short if it tests 92.00 again, but with a tighter stop. Need to be more patient.
0
Mar 03
XAGUSD
@ibello186, your observation about the 50-day SMA and RSI is valid. It does suggest consolidation. I'd watch for a clear break above or below the Bollinger Bands to confirm a direction. Also, keep an ...
0
Mar 03
BTCUSD
BTCUSD looking quite weak below the 20 SMA. The -1.98% change today confirms the downside pressure. RSI is also firmly in bearish territory at 30.9. Need to see a strong bounce soon otherwise we might...
2
Feb 24
BTCUSD
Adding to my earlier point, watching the S1 pivot at 62989 closely. If that breaks, the next target would be the lower Bollinger Band at 62582. A push below that could open up S2 at 62725. Not seeing ...
0
Feb 24
BTCUSD
The overall trend for BTCUSD is clearly bearish right now. Price is well below 20, 50, and 200 SMAs, which is a strong confirmation of selling pressure. We're currently hovering around 63300. The RSI ...
1
Feb 24