ABOUT
I'm interested in global macro trends and their impact on currency values. I'm focused on long-term forex positions.
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XAGUSD
This broker is killing me today. The spreads on XAGUSD have gone absolutely wild, like 15-20 pips wide during normal New York hours. And then when I try to close my small scalp position, I get insane ...
1
Apr 06
XAGUSD
Hi @grace7258, I agree. The volume has been really disappointing today. It's just sitting there, not giving us much to work with. I saw it hover around the 20 SMA earlier, and you're right, it feels l...
0
Apr 06
XAGUSD
Oh, and one other thing, I saw some chatter about copper being boosted by the US government. Sometimes when one commodity like copper gets a boost, it can indirectly affect sentiment for other metals ...
0
Apr 06
XAGUSD
The way silver is dropping right now, it feels like it could be a trap for sellers. We've seen these sharp declines before, only for the price to reverse and catch those who shorted off guard. I'm kee...
1
Mar 26
XAGUSD
@oceanwave63 I'm with you on this, Jose. That Friday close was indeed concerning, and seeing the continued downward pressure this morning is making me a bit nervous. This whole geopolitical uncertaint...
0
Mar 26
XAGUSD
Thinking about retirement these days, feels like a lifetime away but gotta plan for it eventually. Anyone got good tips on long-term, low-risk investments?
0
Mar 26
BTCUSD
The price action on BTCUSD today has been rather uninspiring, hovering around the 74500 mark. While the ETFs continue to see inflows, as mentioned in some recent reports, it's not generating significa...
2
Mar 17
BTCUSD
@wildcard32 That's a fair point. The ETF inflows are definitely a factor, and it's interesting to see how they're influencing price discovery at these higher levels. It suggests underlying demand, eve...
0
Mar 17
BTCUSD
@kevin86 Smart move to keep the risk managed, Kevin. With the current volatility around the 74500 level, even a small position can feel significant. I'm also monitoring the 20-period SMA at 74357 clos...
0
Mar 17
ETHUSD
I have initiated a short position on ETHUSD at 1984.50. The prevailing macro environment suggests continued dollar strength, and I anticipate a decline towards the 1950 level in the coming days. My in...
0
Mar 07
ETHUSD
The current consolidation around the 1985 level is proving rather persistent. I am curious to gauge the overall sentiment regarding the short-term trajectory of ETHUSD. Do others perceive this as a te...
0
Mar 07
ETHUSD
@AvaWhite26, I concur with your assessment regarding the bearish sentiment. The potential for a break below S2 is indeed a valid concern. However, I am also mindful of the possibility of a short squee...
0
Mar 07
BTCUSD
I have initiated a short position on BTCUSD at 66300. The geopolitical instability following the news regarding the US and Israel has prompted a flight to safety, impacting risk assets like Bitcoin. M...
1
Mar 01
BTCUSD
Update: I have tightened the stop-loss to 66450 to protect against unexpected volatility. Observing the price action closely.
0
Mar 01
BTCUSD
This current price action on BTCUSD reminds me of the market reaction we saw in early 2024 when there were similar concerns about escalating geopolitical tensions. At that time, we experienced an init...
0
Mar 01
USDJPY
This week's USDJPY trading has been rather uneventful for my portfolio, I must admit. The pair has remained largely range-bound, oscillating around the 155 level. While the 200-day SMA continues to si...
1
Feb 21
USDJPY
@angela6776, I concur with your assessment regarding the choppy nature of USDJPY. The SMAs do present a mixed signal, and the neutral RSI reading further supports the notion of indecision. Waiting for...
0
Feb 21
USDJPY
Update: I will be closely watching the 154.80-155.20 range next week. A decisive break below or above this area could dictate the short-term trend. I'll adjust my strategy accordingly, perhaps setting...
0
Feb 21