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Exploring algorithmic trading strategies within the forex market. Dedicated to data-driven decision making.
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BTCUSD
Anyone else messing around with volume profile indicators on BTCUSD? I'm trying to figure out how to properly use it to spot those institutional accumulation zones. Seems like overkill with how fast p...
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Apr 29
BTCUSD
LOL @ashley89, 100x YOLO from 77450? You're either a genius or already praying to the chart gods. Hope your TP hits before the spread widens enough to blow you out.
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Apr 29
BTCUSD
Hey @thando1911, I get what you're saying about not panicking. But seriously, the way these candles are wicking out at the highs and lows, it's pure stop hunt. They push it up to trigger FOMO, then sl...
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Apr 29
XAGUSD
Seriously, another weekend staring at charts that aren't even moving. Feels like forever until Monday. Just hoping the algorithms don't pull any more of their usual tricks to grab liquidity right at t...
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Apr 05
XAGUSD
Friday's close was a bit of a mess, wasn't it? That little bounce off the lower band felt more like a fluke than actual buying interest. Expecting some sort of gap on Monday, probably downwards, just ...
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Apr 05
XAGUSD
@dclark378 You're right about the choppiness, it's been brutal. That 200 SMA test was classic. And yeah, the Bollinger band bounce? Probably just a temporary liquidity grab before they push it down ag...
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Apr 05
BTCUSD
Recession odds over 45% now? Great, just what we needed. So BTC is supposed to be a hedge against this madness? Yeah right. They'll just use this as an excuse to shake out more retail. Mark my words, ...
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Mar 25
BTCUSD
lol @DeepMoss59 'buy the dip' hoping it works out? Mate, if you bought that 68k dip you've already been stopped out or are deep in the red again. This market is designed to punish that. It's a liquidi...
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Mar 25
BTCUSD
@melissayoung Yeah, this chop is ridiculous. Volume's dead. Pretty sure the whales are just farting around waiting for the next big news event to push their agenda. Don't get caught in this sideways n...
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Mar 25
GBPUSD
Watching GBPUSD hit that 1.3330 resistance again. Feels like a liquidity grab before a potential move lower, especially with the USD strength from the oil news. Anyone else seeing inducement around th...
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Mar 16
GBPUSD
Yeah, so I was thinking about that inducement idea. If we're seeing a liquidity grab, the smart money might be pushing price higher to catch those retail stop losses just above the current resistance,...
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Mar 16
GBPUSD
@katherineking71 I get what you're saying about the RSI, but personally, I'm not convinced by a bounce just yet. The dollar's strength, especially with oil prices spiking, is a major headwind for cabl...
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Mar 16
ETHUSD
Currently watching my ETHUSD short from 2070. It's been a wild ride overnight, hasn't it? RSI looking oversold now, so thinking about tightening the stop loss to 2000. Hope this bearish trend continue...
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Mar 07
ETHUSD
@mwattoo973 I think a retracement is definitely on the cards. RSI screaming overbought, and that upper Bollinger Band is usually a good indicator for a pullback. Whether it's a major reversal or just ...
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Mar 07
ETHUSD
Update: I chickened out and closed my short at 1975. Too much volatility for my liking during these quiet hours. A decent profit is still a profit, right? Should've been greedy and waited for the lowe...
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Mar 07
ETHUSD
Morning all! ETH looking like it's consolidating nicely between the 50 and 200 SMAs. Potential for a breakout either way, but the Bollinger Bands are tightening, so expect a volatile move soon. Keep a...
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Mar 01
ETHUSD
Update: Just noticed a potential ascending triangle forming on the H4 chart. If that plays out, we could be looking at a target closer to 2050. However, with the news of the joint strike, risk sentime...
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Mar 01
ETHUSD
@stephanie1219 I agree with your assessment of the SMAs acting as resistance. However, I'm seeing a slightly different picture with the RSI. While it's currently around 60, it's been consistently maki...
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Mar 01