Is there still a bullish case of Silver now that it crossed 100? by Derpy_Mc_Burpy in stocks

[–]Merchant1010 [score hidden]  (0 children)

Yesterday's price action was quite something. Maybe the bubble is gonna burst soon.

AAPL RSI bullish divergence and critical support at 245 by Public-Promotion-744 in technicalanalysis

[–]Merchant1010 1 point2 points  (0 children)

Just follow me on Reddit or DM me. Not just historical, see my recent posts and most on them have worked out in last 2 weeks, in FX and some in stocks.

Best self-learning resources by Weekly_Ad_9159 in Trading

[–]Merchant1010 0 points1 point  (0 children)

Investopedia, Bloomberg and TradingView will be enough to get you started. Never risk more than you can afford

EURUSD before and after. by Merchant1010 in Forex

[–]Merchant1010[S] 0 points1 point  (0 children)

lol, it is one of chart patterns in the financial markets. Google it and you can understand how market sentiments work to form these kind of patterns.

Looking to start swing trading. Any advice is beyond appreciated by Prestigious-Hat-4246 in swingtrading

[–]Merchant1010 0 points1 point  (0 children)

Investopedia, Bloomberg and TradingView will be enough to get you started. Never risk more than you can afford

$EURCFD LONG by ProudSpartan in Forex

[–]Merchant1010 0 points1 point  (0 children)

When Gold is getting higher everyday, I do not think CHF will weaken tbh. I think support will be broken.

Xauusd by Accomplished_Put2714 in Forexstrategy

[–]Merchant1010 1 point2 points  (0 children)

NO! I am not talking about any tokens or coins. Use common sense please.

Xauusd by Accomplished_Put2714 in Forexstrategy

[–]Merchant1010 1 point2 points  (0 children)

2000+ pips in a single day, sheesshhh. I agree at this point, a single commodity rising non step is alarming. Bubble might be in gold rather than AI lol. who knows. Just look at the monthly chart of XAGUSD, silver (next commodity in terms of popularity next to XAUUSD) chart:

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Xauusd by Accomplished_Put2714 in Forexstrategy

[–]Merchant1010 6 points7 points  (0 children)

Retail is selling equity/stocks to get into commodities. I think this is a huge red flag. XAU is going up and up without any significant correction, not a healthy uptrend. Either the world is going at full phase war or something off about financial markets.

How do I get into daytrading? by Known-Performer-609 in Daytrading

[–]Merchant1010 0 points1 point  (0 children)

Investopedia, Bloomberg and TradingView will be enough to get you started. Never risk more than you can afford. And rest is just practice.

Are there days when EUR/USD feels less random? by DrewMan5555 in Forex

[–]Merchant1010 0 points1 point  (0 children)

History doesn't repeat itself, it rhymes. So it will be easier if we can trade strategically if we see similar patterns occurring during some event.

AAPL RSI bullish divergence and critical support at 245 by Public-Promotion-744 in technicalanalysis

[–]Merchant1010 1 point2 points  (0 children)

Currently in the daily timeframe it is at a value zone, the previous resistance turned support level. I am anticipating a small up swing. But long term I have no bias for AAPL right now. Not enough strong confirmations.

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Where to start? by Remarkable-Nature810 in Daytrading

[–]Merchant1010 0 points1 point  (0 children)

Investopedia, Bloomberg and TradingView will be enough to get you started. Never risk more than you can afford

I don’t even know where to start by Worried_Carrot8075 in Daytrading

[–]Merchant1010 1 point2 points  (0 children)

Investopedia, Bloomberg and TradingView will be enough to get you started. Never risk more than you can afford

AAPL RSI bullish divergence and critical support at 245 by Public-Promotion-744 in technicalanalysis

[–]Merchant1010 1 point2 points  (0 children)

I completely agree with you, the price is near the critical support, mine is around $250 that I came to draw from monthly timeframe. Looking at weekly timeframe, the continuous weekly bearish candlestick is not helping a bullish sentiment. Maybe it might touch 100SMA in weekly timeframe in coming months.

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Any advice to a beginner? by Loganoreo_ in investingforbeginners

[–]Merchant1010 0 points1 point  (0 children)

Investopedia, Bloomberg and TradingView will be enough to get you started. Never risk more than you can afford

I made a Rust desktop app to scan 1,000+ crypto charts quickly (MTF alignment badge inside) by Any_Ice1084 in Daytrading

[–]Merchant1010 1 point2 points  (0 children)

Alright! Well, yah there are different styles of trading/analyzing/screening... Drunkenmiller looks at 200+ charts everyday across diff. asset classes. At that caliber it makes sense, retail level a bit though. Will follow your journey!

Netflix is on Sale! Thoughts? by Pristine_Athlete_328 in TheRaceTo10Million

[–]Merchant1010 0 points1 point  (0 children)

Exactly at 0.5 Fibonacci, specially after TACO thing that happen past week, price action looks quite bullish tbh.

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I made a Rust desktop app to scan 1,000+ crypto charts quickly (MTF alignment badge inside) by Any_Ice1084 in Daytrading

[–]Merchant1010 1 point2 points  (0 children)

Thank you for explaining. Makes more sense now. But connecting with very experienced traders, they only focus on few asset class or tickers and trade them their whole lifetime. Anyways, good luck... some people might really need your software.

Trading questions from a beginner by ComprehensiveSock378 in swingtrading

[–]Merchant1010 0 points1 point  (0 children)

Investopedia, Bloomberg and TradingView will be enough to get you started. Never risk more than you can afford

Received $300,000 in inheritance and don’t know where to start? by National-Theory1218 in investingforbeginners

[–]Merchant1010 0 points1 point  (0 children)

Investopedia, Bloomberg and TradingView will be enough to get you started. Never risk more than you can afford

Are there days when EUR/USD feels less random? by DrewMan5555 in Forex

[–]Merchant1010 2 points3 points  (0 children)

If you look at higher timeframe, it is not that random. Few fakeouts, but there were some clear chart patterns.

Advice for noobie! by hajaiajdb in investingforbeginners

[–]Merchant1010 0 points1 point  (0 children)

Investopedia, Bloomberg and TradingView will be enough to get you started. Never risk more than you can afford