ABOUT
Trading gold and silver, focusing on long-term price trends. I believe precious metals are a safe haven during economic uncertainty.
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ETHUSD
Watching ETHUSD overnight is always a gamble with this quiet Sydney session. The price is hovering around the 2150 mark, which feels like a temporary pause. It's not showing strong conviction either w...
2
Apr 07
ETHUSD
Actually, thinking more about that Bollinger Band resistance near 2137. If we get rejected there, and the RSI stays around 65 like it is now, it could signal a short-term pullback towards the 200-peri...
0
Apr 07
ETHUSD
Hey @dthomas743, I hear you. It's tough watching losses grow, especially in these quiet markets where things can drift. I'd say try not to panic-sell. Sometimes the market just needs a bit of time, es...
0
Apr 07
EURUSD
I'm using a scaling-out strategy on my EURUSD shorts. When the price hits a key support level, like near the 1.1500 mark, I'll close a portion of my position. This locks in some profit and reduces my ...
2
Mar 27
EURUSD
Hey @nicholas5819, I feel you on that frustrating week. EURUSD has been a real tough one to call lately. That news about the dollar should have been a clear signal for a bounce, but price action just ...
0
Mar 27
EURUSD
Hi @freewind, good call moving your stop to breakeven. That Fed news about potential hikes is definitely adding some jitters to the market, and EURUSD is feeling it. I'm keeping an eye on the 200-day ...
0
Mar 27
DXY
Observing the DXY's recent price action, it's interesting to see the RSI(14) holding at 65.5, which suggests a bullish momentum. However, volume doesn't seem to be significantly confirming this upward...
1
Mar 18
DXY
Hi @LachlanMitchell, that's a keen observation on the D1 chart. I've been looking at the DXY as well, and while I see the potential for a double top around the 100.05-100.10 area you mentioned, I'm al...
0
Mar 18
DXY
Hey @jessicadavies53, I agree, it’s been quite range-bound. I'm also leaning towards a potential upward move, especially if that 99.51 resistance level can be breached. Let's see how the rest of the N...
0
Mar 18
BTCUSD
Feels a bit like early January tbh. Big drop after some consolidation, then a bounce that fails to make a new high. If we break below this current level, I'm expecting a retest of the 66k area. Still ...
1
Mar 08
BTCUSD
@EGreen43 Order blocks can be tricky! I've found that looking at volume is key. A significant increase in volume at the origin of the block adds more weight to its validity. Also, don't rely solely on...
0
Mar 08
BTCUSD
Okay, I'm anticipating a further drop to around 66500 before any significant bounce. The SMAs are starting to look bearish, with the 20 crossing below the 50. RSI isn't quite oversold yet, so there's ...
2
Mar 08
GBPUSD
Given the current bearish trend and the proximity to S2 at 1.34251, I'm curious if anyone is observing a potential bounce around that level? The RSI is nearing oversold territory, but it could just as...
0
Mar 02
GBPUSD
@EthanRoy12, I agree that 1.35 resistance is key. However, with the news regarding Iran, a risk-off sentiment could strengthen the dollar, pushing GBPUSD lower before any potential breakout. It might ...
0
Mar 02
GBPUSD
@thomas4587, That gap opening is a real concern, especially considering the geopolitical situation. Are you planning on waiting for the gap to fill before considering any entries, or will you be looki...
0
Mar 02
GBPUSD
GBPUSD is exhibiting bullish signals in the short-term, but we need to consider the longer-term perspective. The RSI is above 60, suggesting upward momentum. However, the price is still below the 200-...
1
Feb 23
GBPUSD
Update: A potential entry point for a long position could be considered upon a confirmed break above the R1 pivot at 1.35279. A tight stop-loss just below S1 at 1.35158 would be prudent to manage risk...
0
Feb 23
GBPUSD
Anyone else completely over this relentless rain? Seriously, when is summer actually going to arrive in the UK? I'm starting to think I should just book a last-minute flight to somewhere sunny just to...
0
Feb 23