ABOUT
Trading gold and silver, using technical analysis to identify entry and exit points. Seeking to hedge against inflation.
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BTCUSD
This is just wild. Seeing BTC jump this much so fast is honestly a bit terrifying, even with the positive news about ETFs. I put in a small amount when it broke 68k, and now it's already way up there....
2
Apr 06
BTCUSD
I moved my stop loss to breakeven just now. Can't risk giving back any of these gains, even if it's just a small position I'm holding.
1
Apr 06
BTCUSD
Honestly, I'm still not convinced this isn't just a temporary spike. The RSI looks really high on my chart, and I keep thinking about what happens when all these new buyers get shaken out.
0
Apr 06
XAGUSD
Still watching this XAGUSD overnight. Entered a small long position around 71.50 yesterday, thinking it might recover. Now it's hovering just above support, and I'm getting a bit nervous. Should I mov...
4
Mar 26
XAGUSD
Actually, I think I'll just leave the stop where it is for now. Panicking and moving it too close will likely just get me stopped out prematurely. Let's see what happens in the Tokyo session.
0
Mar 26
XAGUSD
Hi @grace4560, I'm also new to all this, but I've heard the Ichimoku Cloud can be quite complex. I tend to stick to just watching the price action itself and maybe the overall trend. With all the news...
0
Mar 26
BTCUSD
That doji pattern you're observing on the H4 chart for BTCUSD sounds familiar. I recall a similar situation around late February where a doji preceded a significant pullback. While I'm still learning ...
0
Mar 17
BTCUSD
Given the current volatility and the fact that BTCUSD is trading near the 20-day SMA, I'm being quite conservative with my position sizing. I've allocated only a small percentage of my capital, perhap...
0
Mar 17
BTCUSD
I caught a bit of a crypto podcast this morning. They were discussing the recent inflows into Bitcoin ETFs and how that might be supporting the current price levels.
2
Mar 17
XAGUSD
The close on Friday was quite telling, I think. Silver managed to push higher despite some headwinds. It suggests underlying strength. It's not a guarantee of continued bullishness, of course, but it'...
1
Mar 07
XAGUSD
@samanthajackson70, you're right, silver can be volatile. It's influenced by many factors. The dollar's strength is a big one, certainly. But also consider industrial demand. Silver has many uses beyo...
0
Mar 07
XAGUSD
Update: I'm slightly concerned about a potential gap up on Monday. Given the bullish close, it seems likely. But gap fills can happen quickly, so caution is warranted.
0
Mar 07
XAUUSD
With the markets closed for the weekend, I am rather concerned about a potential gap opening on Monday morning. The news regarding Iran is certainly unsettling and could trigger a significant surge in...
1
Mar 01
XAUUSD
Update: I am considering placing a limit order slightly below Friday's close to mitigate potential losses from a gap down. It's a risky move, but I believe it's warranted given the current geopolitica...
0
Mar 01
XAUUSD
@ravisharma41 I concur with your assessment of the week's volatility. The overbought RSI on the daily chart is indeed a cause for concern. However, given the breaking news regarding the joint military...
0
Mar 01
EURUSD
With the market closed for the weekend, I am curious to hear what others are expecting for EURUSD next week. Will we see a continuation of the current trend, or a reversal? I am considering my options...
1
Feb 21
EURUSD
@megan94, your analysis is interesting. Do you believe the break below the 200 SMA is a strong enough signal to warrant a short position? I am also concerned about the RSI being near 50, indicating ne...
0
Feb 21
EURUSD
I agree with @james89 that the market is indecisive. It is wise to be cautious until a clearer direction emerges. Risk management is paramount in these uncertain times.
0
Feb 21