Hello world, how are you today, the air is a bit hot around me, yesterday it rained with moderate intensity.
Back to my trading journal today, write down some words about the ins and outs of forex trading activity on the FXOpen platform with all risks and gains involved.
First time seen in the market today, that the gold price yesterday rose and formed a bullish candle with almost no shadow. I have already closed orders and placed pending orders but haven’t touched them yet. If there is a breakout, gold might extend its rise.
Meanwhile, in the WTI oil market the price is trying to recover and is at the price level of 71.96, yesterday the price drew a bullish small-body candle.
In the crypto market, Bitcoin is still stuck at around $95k. This is a long consolidation after reaching an all-time high. From the monthly timeframe, it appears that BTCUSD is drawing parallel candlesticks for three consecutive months.
Hello world, how are you today, clouds cover my sky, the cold air pierces my skin, it rained yesterday with light intensity, and some farmers have harvested rice in the fields.
Back to my trading journal today, write down some words all about the ins and outs of forex trading activity.
Trump’s tariff policy appears to be one of the long-term driving factors for demand for precious metals as a safe-haven asset. Gold and Silver have experienced increases. Gold even reached an all-time high this year and that was repeated several times.
However, gold is now hovering near its all-time high, perhaps the market will wait for the FOMC minutes which will be held today to find possible hawkish or dovish statements for future economic guidance. FOMC may have a temporary impact on gold.
On the other hand, the price of WTI oil is still around 71, yesterday the price reached a high of 72.86 but bounced to close at 72.09, three days in a row oil has been more to the upside. However, the RSI points to level 48 with an upward channel, indicating a weak upward trend below the downtrend level.
While elsewhere Bitcoin is steady at around $96k. A deflated Bollinger band indicates lower volatility.
Hello world, how are you today, the air is a bit cold around me, the sun’s rays are slipping between the residential buildings, warming the land which is wet because of the previous rain.
Back to my trading journal today, continuing the forex trading journey with all the risks and profits obtained.
Still focused on gold prices which have now risen slightly after consolidating for three days this week, the FOMC minutes do not seem to have a high impact on gold. Investors may be still inclined toward gold’s potential as a safe-haven asset amidst global geopolitical and economic uncertainty due to the impact of President Trump’s policies.
WTI oil prices are near the middle band line at around 72.61, technically oil is drawing bullish candles for four consecutive days but with a small body. Bollinger bands deflate indicating lower volatility.
In the crypto market, Bitcoin prices are still moving below $100k even though investors may be optimistic that Bitcoin can continue its rise.
Hello world, how are you today, yesterday it rained again to wet the agricultural land towards the next planting season. The air was slightly cold, piercing the skin, the sun was slightly dim, covered by a thin mist in the distance.
Back to my trading journal today, write down some words about the ins and outs of forex trading activity with all the risks and gains involved.
Gold prices are still hovering near the all-time high, the consolidation phase for three consecutive days has seen the market move more in a narrow range. A pending order is active with stop loss. The price may be overbought and may hit stop loss. Gold hopes are still in bullish sentiment in the long term.
In the WTI oil market, prices fell last weekend drawing a bearish long-body candle near the lower band line. RSI level 41 indicates a market downtrend on the daily timeframe.
Meanwhile, in the crypto market, Bitcoin price is still in a consolidation phase below $100k, now hovering around $96k. A deflated Bollinger band indicates low market volatility. Investors seem to be waiting more for momentum.
Hello world, how are you today, clouds cover my sky, and yesterday’s rain fell with moderate intensity but for a long time, several areas were flooded.
Back to my trading journal today, write down some words all about the ins and outs of forex trading activity.
Gold yesterday drew another new all-time high, but the increase was not strong enough to rally, the price faded again and I tried the pending order again.
In the oil market, the WTI price is in the range of 70.94, slightly up, drawing a bullish candle after falling last week. The upside target is near the previous high near the upper band line on the daily timeframe. RSI level 44 indicates the price is below the downtrend level and is trying to rise.
In the crypto market, Bitcoin has fallen again to around $92k from the previous $96k and is still under pressure below the #100k level, the price even broke the lower band indicating a strong decline.
Hello world, how are you today, clouds are still covering my sky, yesterday it rained heavily for a long time causing flooding in some areas.
Back to my trading journal today, write down some words about the ins and outs of forex trading activity with all the risks and gains involved.
Yesterday the pending order hit stop loss again because gold fell suddenly when the price tried to recover, maybe there is smart money playing in this arena. Now try to open buy again because in the long term, there is still potential for bullish sentiment.
In the oil market, WTI finally dropped, extending its decline after attempting recovery but failing to bring prices back to cross the middle band line. WTI price now at 68.99.
Meanwhile in the crypto market. Bitcoin crashed around $85k after a long consolidation and failed to make the price rise higher than the all-time high. Investors seem to be starting to dump Bitcoin causing its value to drop drastically.
Hello world, how are you today, the air is a bit cold, piercing my skin. Yesterday the intensity was low but quite long.
Back to my trading journal today, write again some words all about forex trading activity.
Perhaps there is no forex trader who has never experienced a loss in trading, yesterday the open buy on gold had a stop loss hit, the high volatility of gold is one of the reasons for the risk in CFD trading. Yesterday the gold price fell to a low of 2890 and hit the stop loss even though the price finally rose again to its initial track.
In the oil market, WTI price drop around 68 extends the previous decline. The price has broken the lower band and made the Bollinger band expand.
In the crypto market, Bitcoin is increasingly under pressure as the price has dropped to around $84k extending its previous decline after breaking the lower band. Bitcoin dumps still dominate the market even though micro strategy is still optimistic about the future of bitcoin.
Hello world. How are you today? The air is still a bit cold around me, Yesterday it rained unevenly in several areas; farmers are harvesting rice and preparing for the next planting season.
Back to my trading journal today, I write down some words all related to forex trading activity with all risk and gain potential.
First to see, gold fell yesterday and again hit the stop loss. The price of gold may have fallen because the dollar index strengthened or because Chinese demand stopped. The RSI level is at 53 and drawing a descending channel; the price may still have downside potential because it is technically far from the oversold level. However, the market is volatile, it may be that before the price enters oversold based on the RSI, it has already recovered.
In the WTI oil market, the price yesterday rose to 69.94 after dropping to a low of 68.26. The price bounced near the lower band line and is still below the middle band line.
In the crypto market, Bitcoin’s decline has faded somewhat; yesterday, the price drew a bearish indecision candlestick candle with long wicks on both sides, indicating an uncertain trend. Bitcoin’s price is now around $84k, some analysts predict possible support at the $80k level.
Hello, world, how are you today? The air is a bit hot around me, the cloudy sky covers the sun. The month of Ramadan enters its third day, and Muslims fast.
Back to my trading journal today, write down some words all about forex trading activity.
First, open chart on Gold, the price of gold bounced up after last weekend dropping to the low range of 2832, now it has risen to 2870 and try betting here with a market order accompanied by a stop loss and profit target.
Going to the oil market, WTI price is now at 69.98 slightly up from the previous low of 68.24. Technically, oil prices are below the middle band line, still under bearish market pressure.
In the crypto market, Bitcoin jumped high at $93k and drew a long bullish candle after the previous week dropped to the $80k price level. The price is now near the middle band line, which is often a consolidation line.
Hello world. how are you today? Clouds still cover the sky, and sunlight is shyly peeking out from behind the clouds.
Back to my trading journal today, write down some words all about the ins and outs of forex trading activity.
The price of gold is trying to recover after dropping to a low of 2832, Open buy gold has closed today. Gold is around 2888, near the middle band line. Bollinger Bands deflate, indicating lower market volatility.
In the oil market, WTI oil price is again under pressure, the price drops at low 67.87 fails to reach resistance 74 and drops lower.
In the crypto market. Bitcoin price The Bitcoin price fell again to around the 83k price level after recovering to the 94k price level. No trade today.
Hello, world, how are you today? It rained briefly yesterday after a day of hot sun. Birds chirped in the distance accompanied by the sound of vehicles crossing the highway.
Back to my trading journal today, I write again some words all about forex trading activity with all risks and gains. My computer is back to working now, running the trading platform again to view the forex market as usual.
The price of gold is now around 2915. Yesterday it rose, drawing a bullish candle. However, in the H1 timeframe, there seems to be accumulation; the candles are lined up, indicating the price is in a range. The forex market is not easy to predict; sometimes, some traps cause retail traders to fail, perhaps because they are smart money. In the accumulation phase, waiting for distribution, try pending orders by following the bullish main trend based on the 200 MA.
Going to the oil market, the WTI price is dropping again. yesterday it reached a low of 66.49, perhaps because OPEC has increased supply or perhaps because Trump’s policy regarding import tariffs causes economic uncertainty and is prone to inflation.
Meanwhile, in the crypto market, Bitcoin fluctuates around the $87k price level. It seems like there is a war between sellers and buyers in this zone; the price previously rose to the 95k level, dropped again at 81k, and tried to recover at 87k. Which one will win will give the Bitcoin market direction to drop or continue to rise.
Hello world. How are you today? The air is a bit warm but the sky is covered with clouds. It rained yesterday but it didn’t last long and stopped.
Back to my trading journal today, write some words all related forex trading activity with gain and risk. Sometimes, traders inevitably have to accept losses because market chaos can sometimes be unpredictable.
Open trading platform, first eye watching to the chart of Gold. The price of gold is steady above 2900 and yesterday it went up and down drawing a small bullish candle with a rather long wick on the top and bottom of the candle. Gold is around 2917 now. Pending orders are out of price range.
The USD weakened yesterday in the last few days, but gold doesn’t seem to be pushed up too much. There are all time high resistance barriers and other factors such as gold demand that cannot push prices higher waiting for new momentum.
Elsewhere, the price of WTI oil fell yesterday to a low of 64.95, due to the possibility of an increase in OPEC supplies and due to concerns about Trump’s tariffs triggering a trade war.
In the crypto market, Bitcoin is consolidating below the middle band line at around 90k. After dropping low to 81k, the Bitcoin price tried to rise again, drawing a bullish candle…
Hello world. How are you today? The air is a bit hot, dark clouds cover the sky, and there is a thin mist visible in the distance.
Back to my trading journal today. Writing again with a few words related to forex trading activities at FXOpen.
After opening a trading position, we never know what will happen next. There are two possibilities that can happen, the price moves in the direction of the position and provides hope of profit, or moves against the position and provides the possibility of loss. While waiting for the trading plan to run, sometimes it feels boring because waiting makes it feel longer, so I prefer to do other things like writing, or looking for information to forget about waiting for the trading plan for a moment.
Yesterday’s gold price was still quite heavy to extend the increase even though the USD weakened more, maybe the demand for gold is pausing because the price is already high, Pending orders are still not touched by the price. Today waiting for the NFP release which may affect the market.
In the oil market, the WTI price is still in the low range of 65.90 and yesterday it drew a doji candle reflecting market doubt.
In the crypto market, Bitcoin dropped again in the range of 85k below the middle band line. Bitcoin’s price is also stubbornly pushing higher, likely moving in a consolidation phase within a range market.
Hello world. How are you today? The sky is still cloudy, the air is a little warm, maybe a sign that it will rain.
Back to my trading journal on Monday early this week, I wrote down some words all related to forex trading activity with all risk and gain involved.
First login Metatrader platform see my account in floating pair USDJPY open sell. Then, look at gold. The price of gold is still steady in a tight range; the NFP released on Friday did not have a significant impact on gold. Now, gold is trading at 2914, and pending orders are still not active.
Go to oil price. WTI price is at 66.46 and is still under bearish pressure, below the middle band line.
Elsewhere, the price of Bitcoin is getting worse, dropping to the $80k level price range and trying to approach the lower band line.
Hello world how are you today, cloudy skies cover my sky, the air is a bit cold with a thin mist in the distance.
Back to my trading journal today, write down some words all about forex trading activity at FXOpen platform with all risk and gain involved.
Login account successfully, first to see gold price now, 2886 has dropped and grabbed pending orders. RSI shows level 35 is still not in the oversold zone, but gold is expected to be back on track.
In the oil market, WTI oil or XTIUSD is at a price of 65.31 drawing a bearish candle extending the previous decline, Gold is still under pressure amid fears of uncertainty about President Trump’s policy on trade tariffs.
Elsewhere, the crypto market is also collapsing, Bitcoin to level $77k, extending the previous decline, allowing for a deeper decline.
Hello world, how are you today, the air is a bit hot around me even though the sun is still shy to show its face covered by clouds and fog, this might be a sign that it will rain.
Back to my trading journal today, write down some words all about the ins and outs of forex trading activity with all risk and gain involved. Trading forex is not easy but we can make it simpler.
Login account successfully, account is still facing floating profit on gold, but it seems that the increase in gold is fading marked by the weakening movement to the upper side, cut profit here while waiting for the release of US CPI data today which might affect gold in the short term.
Go to the XTIUSD chart, the price of WTI oil is now at 66.34 yesterday drawing a bullish candle with a rather long shadow on the top and bottom candle below the middle band line. Kumo is far above the price to become an oil resistance zone.
In the crypto market, Bitcoin is trying to recover after dropping to a low of $ 76k, now it is up in the range of $ 82k, but the MA 20 still reflects bearish sentiment.
Hello, world, how are you today? The sun shone on the land between the houses and trees. The air is not too warm and not too cold around me.
Back to my trading journal today, I write again some words all about forex trading activity in financial market with all risk and gain involved.
Highlighting the price of gold yesterday rose extending the previous day’s increase after ending the accumulation phase, moderate US inflation data raised hopes that the Fed would cut interest rates in May. Gold is now trading in the range of 2938, expected to extend its increase ahead of the release of US PPI data today.
WTI oil prices are now trading at 67.32, trying to recover from consecutive losses for several weeks. Yesterday, the price drew a long bullish candle body near the middle band line.
In the crypto market, the price of Bitcoin is moving in the range of 83k near the linear regression, which leads to a downtrend market. BTCUSD has been under selling pressure for two months and has touched the lower band line on yesterday’s decline before bouncing, drawing a long wick at the bottom candle.
Hello, world. How are you today? The air is a bit warm, and sunlight peeks through the houses and leaves.
Back to my trading journal today, write down some words again in forex trading activity with all risk and gain involved.
Log in to trading account via Metatrader platform, first eye on the gold price chart. Gold price soared up to 2989 and drew like a morubozu candle, reflecting a strong uptrend. Yesterday’s buy order has been closed with profit. Now it is still a question whether to open buy or wait for pullback. Referring to the morubozu candle, the buy signal is quite strong, but the price is already high, worried that smart money will play and bring gold to rebound. Maybe while waiting for changes in the H1 timeframe, if the breakout high the uptrend can continue.
In the oil market, the trade war echoed by President Trump has caused market turmoil, both stocks and oil. WTI price is now at 66.53, dropping again after trying to recover yesterday at 67.62.
Elsewhere in the crypto market. Bitcoin and friends are still hard to reverse. BTCUSD is now around $81k below the middle band line with a descending channel.
Hello world, how are you today? The sky is a bit cloudy, the air is a bit cold.
Back to my trading journal on Monday, write again trading activity with all risk and gain. Forex trading is indeed risky but quite fun.
First login account via metatrader platform. Looking at today’s market changes in precious metal commodities, gold is in the range of 2989. Last Friday, the price of gold reached a new record of 3004 but then dropped again to a low of 2978. Positive sentiment towards gold seems not to be over amid fears of a trade war.
Today, looking at the economic calendar schedule, there is US economic news which is included in high impact news, Retail sales and Core retail sales. Better values may be able to encourage the strengthening of the USD and put pressure on gold in the short term.
On the other hand, the price of WTI oil is now at 67.56 trying to rise across the middle band line approaching the upper band line. The Kumo cloud from the Ichimoku indicator is in the range of 73 which is currently oil resistance.
Going to the crypto market, Bitcoin is still consolidating in the $83k range, trying to cross the middle band line. Bitcoin is still in a bearish sentiment if we refer to the MA 20.
Hello world how are you today? Dark clouds cover the sky on my roof, the air is a bit cold after a few hours ago it rained for quite a long time.
Back to my trading journal today, write again some words all related to forex trading activity with all risk and gain involved.
First login account through Metatrader and see the price of gold. The price of gold is now at 3001, near the highest price of 3004 that occurred last weekend. The price seems to be consolidating on the hourly timeframe moving near the upper band line. The BB line is expanding indicating high volatility. RSI level 61 has not yet reached the overbought level. Here trying to bet gold might extend its increase.
In the oil market, WTI is now at 67.21 still moving in the previous range, after yesterday drawing a bearish candle with a long shadow on the top candle forming a hammer. Oil may still be under pressure.
Elsewhere in the crypto market, Bitcoin is also still gasping for breath in the range of $83k, quite heavy to repeat the history of all-time highs. BTCUSD may still be in bearish sentiment, but the fear and greed index shows a value of 24, indicating the market is over fear, allowing investors to enter at a price when it is considered undervalued.
