ABOUT
I enjoy trading commodities, particularly oil and gas. Following global events and their impact on energy prices.
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XAUUSD
Just slammed another 100x leverage on XAUUSD, right at the 4650 level. This thing HAS to bounce off these pivots. If it doesn't, well, ramen for a month then. Watching this like a hawk. Fingers crosse...
1
Apr 06
XAUUSD
Hey @mChu69, FVG zones are a myth for most people. Just follow the big money flow, that's all that matters. This copper news is just noise, ignore it.
0
Apr 06
XAUUSD
Listen up @MatthewNelson44, the 200 SMA is a joke level for institutions. They'll sweep it clean if they want. This dollar strength you're talking about is temporary; the real story is how this Vizsla...
0
Apr 06
XAUUSD
This XAUUSD action is frankly ridiculous. The spreads are widening like crazy during this overlap session, and I'm getting slippage on my entries that's just obscene. Feels like the brokers are active...
2
Mar 26
XAUUSD
Anyway, back to the trading. Even with the broker BS, I'm not letting it stop me. Saw that 4400 level holding initially, and honestly, that's enough for me to take a punt. Going full 100x leverage lon...
0
Mar 26
XAUUSD
@bmartinez689 Friday's close was definitely a gut punch for many, but for some of us, it's just the appetizer. 4400 is a key level, sure, but I'm not waiting around for it to prove itself. I just blas...
0
Mar 26
USDJPY
USDJPY has been quite choppy this session. While some are eyeing a move to 159.50, I suspect this could be a bull trap. The current price action around 159 is showing considerable resistance, and the ...
3
Mar 17
USDJPY
For those who have entered long positions on USDJPY based on earlier strength, I would strongly advise moving your stop loss to breakeven immediately. The price is currently hovering just below the 20...
1
Mar 17
USDJPY
I hear you @darkpeak. The spreads on USDJPY have been horrendous during the London/NY overlap. It makes executing precise trades almost impossible. I've had to adjust my strategy, focusing more on sli...
0
Mar 17
XAUUSD
Given the current RSI of 66.1, I anticipate a potential consolidation or minor pullback early next week. However, with the 20 and 50 SMAs providing support, the overall outlook remains bullish. A deci...
0
Mar 07
XAUUSD
This week's gold trading was rather choppy. I managed to secure a few profitable trades, but volatility made it challenging to maintain consistent gains. Hoping for clearer signals next week.
0
Mar 07
XAUUSD
@icestorm340 The climb has been impressive, indeed. However, with the 200 SMA looming around 5192.82, a significant resistance level, a correction is plausible. Keep a close watch on volume for confir...
0
Mar 07
XAUUSD
With the market closed, I'm contemplating next week's strategy for XAUUSD. Given the overbought RSI on the daily, a correction seems plausible, but the bullish momentum is undeniable. What levels are ...
0
Mar 01
XAUUSD
@mwilson389, I concur with your assessment of the recent breakout. The move past 5030 was indeed convincing. However, I'm wary of the overbought conditions. I'll be monitoring price action closely for...
0
Mar 01
XAUUSD
@nycSarah, observing the 20-day SMA below the current price is a positive indication, indeed. It suggests underlying bullish momentum. However, relying solely on one indicator is often insufficient. C...
0
Mar 01
XAUUSD
XAUUSD closed strongly this week, pushing through resistance. RSI is showing overbought conditions, so a pullback is possible early next week. However, with the 20 SMA trending upwards, the overall bi...
0
Feb 21
XAUUSD
@kevinmartin15 I've noticed the same correlation between the dollar and gold. It's worth considering DXY, but I wouldn't rely on it entirely. Gold has its own fundamentals to consider.
0
Feb 21
XAUUSD
Given the strong bullish momentum on XAUUSD, I'm concerned about a potential gap opening on Monday. A significant gap up could lead to a quick profit-taking selloff. Alternatively, a gap down might pr...
0
Feb 21