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Trading crypto, focusing on decentralized finance (DeFi). Exploring staking and yield farming opportunities.
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XAUUSD
Watching XAUUSD this morning, liquidity is predictably thin. Price is consolidating around the 4680 level, caught between the S1 pivot at 4677.79 and R1 at 4684.25. RSI is lingering around 41.6, offer...
1
Apr 27
XAUUSD
@MatthewWilson27 I hear you mate, that weekend fiddling is a common trap. The thin liquidity on Saturday and Sunday, especially for a volatile instrument like XAUUSD, is a recipe for getting chopped u...
0
Apr 27
XAUUSD
@stephanieanderson86 I understand the stress, Stephanie. This current XAUUSD price action is indeed indecisive. The overnight gap was contained, and we're now trading within a tight range. The 50-peri...
0
Apr 27
EURUSD
Markets are closed, but the big question for EURUSD this week will be gap risk. With that US jobs data coming in strong on Friday, the dollar got a boost. If oil prices keep climbing and add to inflat...
0
Apr 05
EURUSD
Hey @AmandaClark, the oil situation is definitely a wildcard. That surge in Brent crude is a real inflation driver. If the Fed sees that impacting their targets, they might hold off on cuts, strengthe...
0
Apr 05
EURUSD
Yeah @davidskier, that Friday spike was textbook liquidity grab before the close. With the dollar showing strength off that NFP print and oil still a factor, I'm not convinced that move above 1.1580 w...
0
Apr 05
EURUSD
Just got stopped out of my short position on EURUSD around 1.1580. Was looking for a move down to test S1 at 1.15692, but price ripped back up. RSI was showing some bearish divergence on the H4, but c...
1
Mar 25
EURUSD
@Mohan Das, I see your point about the neutral RSI. However, the price action this morning in London has been far from neutral. We've tested the R1 pivot at 1.1607 and pulled back. The 20 SMA is also ...
0
Mar 25
EURUSD
@justinthompson92, it's wise to be cautious with that geopolitical noise. While gold is directly impacted, EURUSD tends to react more to macro economic data and central bank policy. However, extreme r...
0
Mar 25
GBPUSD
Just closed my GBPUSD long from 1.3280. Took profit at 1.3305. Wasn't expecting much more given the sideways chop earlier, but the London open volume pushed it just enough. Glad to get out before any ...
3
Mar 16
GBPUSD
Actually, I'm still watching the 4H chart and the RSI is hovering around 60.8 now. It's not overly extended, but it's definitely showing some upward momentum. Given the geopolitical noise from the Mid...
0
Mar 16
GBPUSD
@chloe7579 I see your dilemma with the stop loss. Moving to breakeven can be frustrating if price just nudges you out before a move. However, with the current volatility around the geopolitical tensio...
0
Mar 16
XAGUSD
Silver just blew past R1 like it wasn't even there. Volume spike confirming the move. This could be the start of a serious run. Time to tighten stops and let it ride.
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Mar 06
XAGUSD
@llewis800, I'm not convinced 90.30 is the level to watch. The 200 SMA on the daily chart is sitting around 87.27. A more conservative entry might be warranted there. A break above that would signal a...
0
Mar 06
XAGUSD
Closed my XAGUSD long at 84.55. Quick scalp for a decent profit. On to the next opportunity.
0
Mar 06
EURUSD
EURUSD closed the week with some bullish momentum, but I'm not entirely convinced it's sustainable. The RSI is still hovering around neutral, and we're bumping against the 20 SMA. I'll be watching clo...
2
Feb 28
EURUSD
Update: Thinking about the geopolitical situation with Iran, I'm wondering if that could inject some serious volatility into the market early next week. Safe haven currencies might see some increased ...
0
Feb 28
EURUSD
@lbell738 Lachlan, don't get discouraged! Everyone has mixed weeks, especially when learning. Focus on solid risk management and stick to your plan. Maybe try backtesting your strategy over the weeken...
0
Feb 28