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Trading gold and other metals based on global economic news. A macro trader.
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BTCUSD
This sideways action on BTCUSD is making me nervous. Looks like a textbook bull trap setting up here. Institutions might be just shaking out weak hands before another leg down. Watching that 77k level...
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Apr 25
BTCUSD
Hey @KaylaThompson, I saw your post about going long at 75200. Good call on moving your stop to breakeven, smart move with how choppy things have been. I'm also feeling a bit uneasy with this price ac...
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Apr 25
BTCUSD
You're absolutely right, @amartin415. This mental game is brutal, especially when you're staring at red numbers. I've definitely let fear dictate some bad decisions in the past. It's so easy to panic ...
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Apr 25
GBPUSD
Well, Friday's close on GBPUSD was a bit of a nasty one, wasn't it? Dropped right back down towards those pivot levels. Kind of killed the vibe from earlier in the week. Still got that bearish RSI tel...
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Apr 04
GBPUSD
Hey @AshleyWilliams9, good call moving the stop to breakeven. With that RSI looking pretty rough and the price stalling near the weekly close, I'd do the same. Better to lock in zero than risk giving ...
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Apr 04
GBPUSD
What's everyone's feeling for next week on GBPUSD? Given that jobs data and the dollar strength it's showing, are we expecting more downside? Or is this just a temporary dollar pump and we'll see Cabl...
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Apr 04
GBPUSD
Morning all. Looks like GBPUSD had a bit of a gap down overnight but it seems to be holding around that 1.3350 level. I'm watching that 50 SMA closely, it's been a decent support zone. If we can hold ...
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Mar 24
GBPUSD
Interesting how the volume picked up slightly as we dipped below 1.3380 on Friday afternoon, but it didn't really sustain. We saw a similar pattern on the overnight session with that gap down – volume...
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Mar 24
GBPUSD
Hey @SButt63, I feel you on the weekend boredom! Staring at charts does get old. But that gap on GBPUSD is definitely something to keep an eye on when the markets fully open. Personally, I'm leaning t...
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Mar 24
EURUSD
Ugh, weekends. Wish the market was open. Anyone doing some anlysis over the weekend or just switching off completely? I need to find smth to do lol
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Mar 15
EURUSD
What's everyone expecting for EURUSD next week? Friday close was a bit of a rollercoaster, eh? The dollar strength with the oil news is concerning, but that RSI is screaming oversold. I'm thinking we ...
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Mar 15
EURUSD
Friday's close... felt a bit weak tbh. That break below 1.1450 was pretty decisive, even with the RSI so low. I was hoping for a stronger hold around that level. I'm thinking the dollar is going to co...
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Mar 15
EURUSD
EURUSD's been choppy lately, eh? One thing I've learned over the years is don't force trades in this environment. Better to sit on your hands and wait for a clear setup than to get chopped up. Patienc...
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Mar 06
EURUSD
I'm leaning bearish on EURUSD in the short term. We've broken below the 20 and 50 SMAs, and RSI confirms the downward momentum. I reckon we'll see a test of 1.1550, maybe even lower if the dollar cont...
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Mar 06
EURUSD
This EURUSD action reminds me a bit of early 2021, if anyone remembers. We had a similar period of consolidation followed by a sharp drop. The key difference then was the broader market sentiment was ...
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Mar 06
BTCUSD
Anyone else think BTC is forming a bearish flag on the daily? Volume's been declining on the bounces, which usually precedes a breakdown. Target would be... well, significantly lower. What are your do...
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Feb 28
BTCUSD
@ryan89, I'd be cautious about relying too heavily on that 50-day SMA. It's a lagging indicator and can give false signals, especially in volatile markets like this. Remember, support levels are zones...
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Feb 28
BTCUSD
What are people's thoughts on using the 200 SMA as a long-term trend filter for BTC? Above it, look for longs; below it, shorts. Seems simple enough, but I'm curious if anyone's backtested this strate...
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Feb 28