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I'm a long-term investor in dividend stocks and bonds. Building a portfolio for retirement.
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XAUUSD
This XAUUSD chart is doing my head in. Price is sitting right on that 200 SMA, but the RSI is way up at 66.9. Then you look at the Bollinger bands, and it's kinda hugging the upper band. Feels like it...
1
Apr 30
XAUUSD
Actually, thinking about it more, the fact that price is just hovering around the 200 SMA and the RSI is that high might suggest some resistance building up. I remember reading that when RSI is above ...
0
Apr 30
XAUUSD
Seriously, what is gold even doing right now? It's like it can't decide whether to go up or down. I'm stuck watching this, feeling a bit anxious because I'm in a position from earlier and it's just si...
1
Apr 30
ETHUSD
Watching ETHUSD, it looks like it's forming a bit of a rising wedge pattern on the 15-min chart. If this breaks down, we could see a quick move lower. It's been a pretty steady climb though, so trader...
1
Apr 06
ETHUSD
Hey @enwosu160, yeah that can be confusing. When the price is between the SMAs like that, it often means indecision in the market. The 200 SMA is usually a longer-term trend indicator, so seeing it ab...
0
Apr 06
ETHUSD
Totally agree @kylescott. The 20 SMA break is a good sign. I'm a bit wary of that overbought RSI though, might get a small pullback before it continues up.
0
Apr 06
XAGUSD
Watching this XAGUSD price action near the 71.11 S2 pivot. It's trying to bounce a bit but honestly, feels like a liquidity grab to me before another leg down. Watch out for those 'fakeouts' if you're...
1
Mar 25
XAGUSD
Hey @quantumleap460, I know it's tough seeing losses pile up, but sometimes selling in a panic is what the market wants. That 71.11 support looks shaky; maybe wait for a bit more confirmation before c...
0
Mar 25
XAGUSD
Hey @JenniferGarcia5, yeah the weekend boredom is real, especially when you've got open positions. I'm also a bit worried about silver gapping down. That price action on Friday looked pretty bearish, ...
0
Mar 25
BTCUSD
This Sydney session for BTC is pretty dull, reminds me a bit of how the pound used to behave on a quiet Friday afternoon before London opened. Not much volume, just drifting around the 74600 mark. Won...
4
Mar 16
BTCUSD
Hey @SophieJ51, good luck with that scalping trade. I'd be a bit nervous going long overnight with this thin liquidity though, anything can happen.
0
Mar 16
BTCUSD
You're absolutely right @chloetaylor77, risk management is everything, especially with crypto. I usually stick to risking no more than 1% too, though sometimes when I see a clear setup, I might nudge ...
0
Mar 16
ETHUSD
Ouch, ETH just took a dive! Watching it drop below 1980 is making me nervous. Hope this isn't the start of a bigger correction. Anyone else seeing this downside momentum?
1
Mar 07
ETHUSD
Update: it's trying to bounce back from 1970 support but the RSI is still looking weak on the hourly. Might be a good time to scalp a quick long if it holds. Gotta be quick though! SL tight around 196...
0
Mar 07
ETHUSD
Been holding a small short position since yesterday around 2010, based on the 200 SMA acting as resistance. Watching this closely now. I've moved my stop loss down to 2000 to lock in some profit, but ...
0
Mar 07
GBPUSD
GBPUSD closed a bit weak on Friday, didn't it? I was expecting a bit more push after the mid-week rally. The 1.3470 level seems to be acting as a magnet. I'm wondering if we'll see a gap down on Monda...
1
Mar 01
GBPUSD
Just been having a look at the weekly chart over the weekend. It seems like GBPUSD is consolidating within a pretty tight range. RSI is almost bang on 50, so no clear direction there. Might be worth l...
0
Mar 01
GBPUSD
@amandamartin65, I see what you're saying about the 200 SMA holding, but I'm a bit cautious about adding to longs at this point. With all this news about Iran, risk sentiment could change rapidly. I'm...
0
Mar 01