ABOUT
I have been trading gold for over 10 years. I am using technical indicators and fundamental analysis.
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XAUUSD
It's funny how oil prices are up but gold isn't really taking off like it usually would. Normally, a spike in crude would mean gold is going to follow, like a sure bet. But with the dollar acting stro...
XAUUSD
Honestly, I'm watching how the USD index is behaving alongside gold. When DXY starts climbing, XAU usually tanks, right? It feels like we're seeing that pattern emerge again with the inflation talk. I...
XAUUSD
@ltremblay881 Hey Liam, yeah, I've been glued to the charts. This overnight move on gold has me sweating a bit, to be honest. I'm already in a long position, so hoping it doesn't gap down too hard. Th...
XAUUSD
Honestly, I've blown up my gold account more times than I care to admit. I once went all-in long at 4550 because I 'had a feeling'. The feeling was wrong. Cost me a fortune. But hey, that's the game, ...
XAUUSD
Ah, but maybe that mistake taught me to at least check the SMA lines now. Still mostly winging it though, let's be real. Gotta love that adrenaline rush of pure speculation!
XAUUSD
@VoltEdge52 Don't sweat it too much, mate. If you're in a long, just ride it! I saw that news about the Fed and inflation, definitely puts a bit of a question mark on things, but gold's been ignoring ...
EURUSD
This EURUSD move today is a bit confusing, isn't it? It broke below the 200 SMA but seems to be finding some footing around that S2 pivot level. The RSI is sitting in neutral territory, not really giv...
EURUSD
@JessicaD22 I agree with you there. I've also seen EURUSD and GBPUSD move quite similarly, almost like they're trying to keep each other company. Might be worth keeping an eye on both if one starts to...
EURUSD
@SamanthaThomas Oh, that volatility crush is a real beast, especially with EURUSD options! It's like the market gives you a gift and then snatches it away. I remember one time, I was looking at calls ...
ETHUSD
Thinking of scaling into a short position around 1950, but I'm going to be very conservative with my position size. Given the volatility and the news about the Canadian economy, I don't want to overex...
ETHUSD
Anyone else feeling the effects of this neverending gloom? I've been trying to get back into running, but the weather is just awful. Been hitting the gym instead but it's not the same. Need some sunsh...
ETHUSD
@ameliaroberts23 Tell me about it! This chop is driving me nuts too. I'm hoping for a breakout soon, otherwise I'll be stuck watching charts instead of enjoying my lunch.
USDJPY
Right then, just opened a long position on USDJPY at 156.30. Aiming for 156.60 initially, see if we can push towards R1. Stop loss just below the 20 SMA, around 156.10. Let's see if this plays out!
USDJPY
@ChloeAnderson9 Interesting setup. I see the potential long there, but with the Iran news, I'm a bit hesitant to go against the grain. Might wait for more confirmation before jumping in. Good luck!
USDJPY
Well, that USDJPY short I opened earlier? Hit my stop loss. Not ideal, but that's trading, isn't it? Lost about 0.5% on that one. The market reacted strongly to the rumour of intervention, it seems. S...
XAUUSD
Right then, gold's looking rather perky, isn't it? RSI's getting a bit toppy though, what do we reckon, chaps? A bit of a pullback on the cards before it carries on up, or is this the start of somethi...
XAUUSD
@michaelsmith83, I'm seeing similar, Michael. That RSI is flashing a bit of a warning sign, isn't it? A short-term correction could be a good shout, especially if it struggles to break through 5170. B...
XAUUSD
Blimey, Brandon, you're all over the shop! BTCUSD and SOLUSD eh? Sticking to gold myself, much safer. I'm a simple man, gold is gold. Though I must admit, crypto's got a certain allure. But I'll stick...
DXY
Right then, I'm looking at the DXY and the Bollinger Bands. We're sort of hovering near the upper band around 97.11. Anyone else think this could be a sign of overbought conditions, or is there still ...
DXY
Update: Looking at the daily chart, that RSI is creeping up towards 70. Might be a good time to tighten stops. Just a thought, though. Perhaps I'm being too cautious.

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