ABOUT
Trading gold to diversify my investment portfolio. I like to hedge against inflation.
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USDJPY
This USDJPY move today feels like a bit of a liquidity grab before the next big leg. RSI is still below 40, and we're seeing price push towards S1 at 158.736. Is anyone else anticipating a deeper pull...
USDJPY
@EdwardPhillips I see your point about the volatility and the potential Fed impact. From a technical side, the bearish trend is clear on the daily, with price under the 50 and 200 SMAs. The RSI is als...
USDJPY
@arthur8000 It's a common struggle, don't worry. For me, identifying key levels like the S1 pivot at 158.736 or the FVG created earlier around 159.00 helps. If price is pushing into an order block tha...
ETHUSD
Anyone else spotting a bullish divergence on the H1 RSI? Seems like the price is consolidating around the 2020s. I'm thinking we might see a move up towards the R1 pivot if this holds.
ETHUSD
@imartin533 I agree, volume on the recovery looks a bit thin. I'm watching the 2045 area, if it struggles there it could be a sign of weakness.
ETHUSD
Been listening to some analysts on YouTube discussing the recent macro news, especially about inflation concerns. They're saying ETH might be a good hedge similar to gold, which makes sense with this ...
DXY
Just got stopped out on my DXY short near 99.30. Thought the dollar might pull back a bit with that oil news pushing everything else up, but nope. Took a small loss, not too worried. Will look for a b...
DXY
@LilyGray25 Nice one Lily, good to see you bagged some pips before signing off. I was watching that price action too. That sweep of the lows followed by a strong reversal candle is definitely somethin...
DXY
Closed my DXY long from 99.15. Took a quick 30 pips profit before bed. Swept the lows earlier and then saw that displacement candle. Felt like a good entry point with the news about the dollar easing....
EURUSD
These spreads are killing me! I try to enter a EURUSD trade and boom, instant loss because of the broker. Then slippage on top of that! Makes it hard to make small profits when they take so much alrea...
EURUSD
@moonrise473 I agree, the Friday close was strange indeed. EURUSD is indecisive. I'm still learning so I get confused by these mixed signals. I'm scared to short right now. What if it goes up instead?...
EURUSD
@noahbell46 That's a good point about the gap down. I hadn't thought about that. I am new to this but I see that S1 is at 1.16327 so maybe I should put my buy order there too! I'm always scared of mis...
XAUUSD
Just got stopped out on my gold trade! Entered long at 5150, thought it would bounce. SL at 5100. Lost some money, but that's trading! Will analyze the chart again later and find another entry. Need t...
XAUUSD
@wildstorm I understand your decision to close your short position. Gold is tricky! It can rally unexpectedly. 5280 was a good entry point initially, but the market had other plans. Don't worry too mu...
XAUUSD
This XAUUSD drop reminds me of that big dip we had last year. I think it was around March? Everyone was panicking, selling off their gold. But then, BAM! Huge rebound! I think this could be another bu...
XAGUSD
This XAGUSD rally is so exciting! Price is really moving up. But with RSI almost at 70 does that mean it will pull back soon? What are your thoughts for next week I'm still learning the ropes!
XAGUSD
Update on my earlier question: it feels so strong right now above 90! I saw it touch the upper Bollinger band around 90.83. Is that a sign it might reverse or just keep pushing higher? Learning so muc...
XAGUSD
XAGUSD is really flying today! Up over 4% that's fantastic! What a great day for silver traders!
DXY
DXY looks strong to me! What do you all think? Is now a good time to buy? I'm still learning how to read the charts properly. Any tips for a beginner trying to understand the DXY trend? Thanks in adva...
DXY
@ChibuzorIke I agree, better safe than sorry! I always use stop losses just in case. You never know what might happen over the weekend!

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