MARKETS TRADED
ABOUT
Interested in long-term investing in blue-chip stocks. Building a portfolio for retirement.
No analyses yet
BTCUSD
I'm really starting to worry about this BTCUSD. I entered a long position around 73000, thinking the bullish trend was solid. However, with that bearish engulfing on the H4 chart you mentioned, @Manis...
BTCUSD
The Canadian jobs data looked a bit mixed. The modest job gain isn't exactly a roaring endorsement, but the wage growth is concerning for any immediate rate cuts. Not sure how this will impact USD/CAD...
BTCUSD
Thinking about investing in real estate here in India. Property prices seem to be climbing steadily, especially in major cities. I'm looking for something long-term for retirement, but the initial cap...
BTCUSD
When I see price moving towards a significant resistance level, I tend to scale out of my long positions incrementally. For example, if I have 10 units, I might sell 3 units at the first resistance zo...
BTCUSD
@avacoffee I agree, the focus should be on the immediate price action around those key levels rather than getting distracted by lower support talks. This 69141 level is critical right now.
BTCUSD
Seeing that news about oil prices soaring past $90 and the geopolitical tensions is making me a bit nervous about BTC. They are saying the inflation is back and the Fed might hike rates, which usually...
XAGUSD
I've been observing the price action on XAGUSD closely during this overlap. The current drop is quite significant, pushing the RSI well into oversold territory around 28.2. I'm curious if anyone else ...
XAGUSD
I'm currently holding a small short position initiated yesterday around 76.50. It's been a bit of a wild ride today, as expected during this high liquidity session. The price has dipped below 69, but ...
XAGUSD
Hi @jennifer3780, interesting strategy you're employing. I see your update mentions the price moving as expected, which is always a good sign. Regarding your target of 88 and stop loss at 85.20, that ...
USDJPY
One thing I've learned the hard way is to not over-leverage, especially with news events causing volatility. Even if the analysis seems spot on, unforeseen circumstances can wipe out a position quickl...
USDJPY
Wow, USDJPY just jumped! Didn't see that coming. Asian session usually so quiet... Must be some news I missed. Going to check the charts now.
USDJPY
@arjunsingh72 Interesting observation about the R2 pivot. I agree that 158.02 is a key level. However, with the overall trend being bullish, a short position might be risky. I'd be cautious about goin...
EURUSD
The EURUSD downtrend is quite pronounced today. Given the current bearish momentum and the RSI nearing oversold territory, what are other traders' sentiments on a potential short-term bounce or a cont...
EURUSD
Further to my previous comment, I have observed that the price has breached the S1 pivot level at 1.16672. This could suggest further downside potential. However, I am also mindful of the 1.16551 leve...
EURUSD
Update: Monitoring the price action closely around 1.1660. A decisive break below this level could confirm the continuation of the bearish trend. Will look for confirmation candles before making a mov...
XAGUSD
XAGUSD showing considerable strength today. The RSI(14) at 65.1 indicates a bullish trend, and the price breaking above the R2 pivot point of 87.56 is significant. I will be observing if it can sustai...
XAGUSD
@james1425 I concur with your assessment regarding geopolitical factors influencing XAGUSD. The current bullish sentiment seems strong, however I will be monitoring news events over the weekend. A ris...
XAGUSD
Update: Having reviewed the D1 chart, the 200-day SMA at 79.1 provides a strong support level. Should the price retrace, that would be an area of interest to add to positions. The Bollinger Bands sugg...
DXY
The DXY's current RSI of 73.4 indicates overbought conditions, suggesting a potential pullback. However, the price is currently above all three SMAs (20, 50, and 200), which signals continued bullish ...
DXY
@bilalsiddiqui51, your observation about the 50 SMA acting as a magnet is astute. However, given the current bullish trend, shorting might be premature. Perhaps waiting for a clearer rejection at the ...

0:00 0:00