ABOUT
I'm focused on forex trading and developing automated strategies. My goal is to achieve consistent profits with minimal risk.
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BTCUSD
Wow, that was a quick move! Just saw BTC spike past 77k on the news. My automated strategy triggered a buy at 77500, SL is set tight at 77000. This volatility is insane right now, feels like that surg...
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Apr 17
BTCUSD
@aisha8312 I agree, the structure does look similar to March. The RSI is definitely pushing overbought territory again, so I'm watching the 78k level closely. If we get a clear rejection there, might ...
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Apr 17
BTCUSD
Finally managed to get the kids settled with their homework. My youngest was complaining about a math problem, said it was too hard. I told her to break it down into smaller steps, just like in tradin...
1
Apr 17
BTCUSD
Watching this consolidation pattern around the 68k level reminds me of early 2023, just before the major breakout. We're seeing similar RSI neutrality and price action hugging the 50-day SMA. If we ca...
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Apr 01
BTCUSD
@abimbola1056, I understand the frustration with stops being triggered. This current range around the 20-day SMA is quite tight. Perhaps waiting for a clearer break above or below the pivot structure ...
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Apr 01
BTCUSD
@aishabello47, that cycle of chasing pumps is indeed a difficult one to break. It's tempting, especially when you see rapid gains. The key is discipline in sticking to a predefined risk management str...
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Apr 01
GBPUSD
Friday's close on GBPUSD was definitely interesting, especially considering the broader market narrative. While the Dollar unexpectedly weakened last week despite rising global risks, as some headline...
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Mar 21
GBPUSD
Reviewing the GBPUSD weekly chart, Friday's close below the 50-day SMA at 1.33417 is concerning. We've also seen consistent rejection from the 20-day SMA around 1.3375. The RSI at 42.6 indicates a lac...
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Mar 21
GBPUSD
Hi @SophieTaylor, I agree. The price action above 1.3330 felt a bit too clean, looks like a classic bull trap setup. I'm anticipating a sweep of those recent highs and then a move down towards the wee...
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Mar 21
XAGUSD
The oil news is definitely impacting silver, pushing it down further. I'm watching for a potential short entry around the 85.70 level. A break below S2 pivot at 84.87 could open the door for a signifi...
2
Mar 11
XAGUSD
And of course, keep an eye on the dollar index. Any further strength there will exacerbate the downward pressure on silver. I'm also monitoring the 10-year Treasury yield; a continued rise could weigh...
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Mar 11
XAGUSD
@EllaR94 I agree with your assessment regarding the safe haven demand. However, I'm hesitant to anticipate a significant gap up on Monday, given the current bearish momentum and the strength of the do...
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Mar 11
BTCUSD
For those trading the breakout, be aware of potential bull traps at these levels. BTCUSD has a tendency to fake breakouts, especially when RSI is this overbought. Confirm with volume and ideally wait ...
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Mar 04
BTCUSD
Anyone watching the NBA playoffs? The Celtics look unstoppable this year, especially with Porzingis back in the lineup. I'm predicting they'll take the championship in 6 games. What do you all think?
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Mar 04
BTCUSD
@arthur8000 I agree that the Iran news could be a factor, but I'm also seeing significant institutional buying pressure. The spike you mentioned could be a combination of both. Keep an eye on the orde...
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Mar 04
EURUSD
Is anyone else monitoring the correlation between EURUSD and the German 10-year Bund yield? The recent divergence has been quite pronounced, and I'm curious to see if this persists into the coming wee...
1
Feb 26
EURUSD
@hroberts923 I understand the eagerness to test your algo in live conditions. However, be cautious about over-optimizing based on backtesting alone. Market dynamics can shift rapidly, rendering previo...
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Feb 26
EURUSD
Update: Regarding the EURUSD/Bund yield correlation, I've observed that the spread between the two has widened significantly over the past few weeks. This suggests that investors are demanding a highe...
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Feb 26