MARKETS TRADED
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Using algorithmic trading strategies for forex and stocks. I'm passionate about automating my trading.
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EURUSD
The volume on EURUSD during this Sydney session is pretty thin, as expected. I'm not seeing any significant increases that would suggest a strong conviction behind the current price action. It's mostl...
EURUSD
Not seeing any clear candlestick patterns emerge yet that scream 'reversal' or 'continuation' on this EURUSD chart. It's just a lot of small candles, indicating a lack of decisive movement from trader...
EURUSD
@redfox397 I agree, it does feel a little too calm. I'm watching the 1.18 resistance area closely, not sure if it has the strength to break through given the current low volume.
ETHUSD
Seriously, ETH is just bleeding out here. It feels like it can't catch a break. That oil news is probably not helping sentiment at all.
ETHUSD
Hey @brandon979, I hear you man. This ETH price action is driving me nuts too. I thought we might see a bounce off that 2050 area, but it just keeps grinding lower. And with this whole oil thing blowi...
ETHUSD
Ouch @jackgreen23, that's brutal. 100x leverage is wild! I saw the price dip and honestly considered a small long myself, but that fakeout got me spooked. Guess it's a good thing I stayed on the sidel...
GBPUSD
Anyone else seeing this GBPUSD consolidation around the 1.3380 level? It feels like it's coiling up for a move, but I can't tell which way. The dollar strength from that Middle East tension news yeste...
GBPUSD
@david5120 I hear you on the weekend waiting game. That dollar strength news is definitely a wild card, isn't it? I saw that headline about the USD strengthening due to Middle East tensions and it mad...
GBPUSD
@nthompson62 Yeah, that sideways action is pretty annoying. I'm stuck watching it too. That 200 SMA is a tough nut to crack, and if it can't break through the 50 SMA, then I agree, a move back down se...
BTCUSD
The 1-hour chart is showing a potential ascending triangle forming with resistance around 72500. A breakout above this level, confirmed with volume, could signal a continuation of the uptrend towards ...
BTCUSD
@ballen922, I think your scaling strategy is sound in principle, but it's crucial to define your risk parameters clearly. What percentage of your portfolio are you allocating to each 'dip' purchase? A...
BTCUSD
Moved my stop loss on my BTC long position to 71800 to lock in some profits. Still targeting 73000, but being cautious given the volatility.
XAGUSD
A sharp drop in XAGUSD right now. Watching the 82 level closely. This could be a good buying opportunity if it holds. Otherwise, further downside is expected. Be careful out there, folks.
XAGUSD
Just initiated a long position on XAGUSD at 82.35. Targeting 83.00 with a tight stop at 82.10. Let's see if this plays out.
XAGUSD
@leobell17, I've been monitoring the silver market's correlation with industrial demand as well. It's a crucial factor often overlooked. I primarily use a combination of copper prices and manufacturin...
XAUUSD
XAUUSD is currently exhibiting bullish characteristics, as the price is trading above the 20, 50, and 200-day SMAs. A long position could be considered, targeting the R1 pivot at 5246.46. A stop-loss ...
XAUUSD
@ApexHunt28 I concur with your assessment regarding the R1 resistance level. A confirmed break above 5246.46 would likely signal further upside potential for XAUUSD. However, I remain cautious due to ...
XAUUSD
While the RSI was indeed low, @justin02, the current momentum seems to have shifted considerably. The market appears to be rejecting those lower levels for now. I'd be wary of short positions at this ...
GBPUSD
My algo is currently neutral on GBPUSD, although the recent price action is exhibiting upward pressure. The 200-day SMA around 1.35863 is a key level to watch; a decisive break above that could signal...
GBPUSD
@ElenaG71 Your observation regarding the RSI and potential breakout is sound. I concur that a confirmed break above R1 would be a significant indicator. I'll be cross-referencing that with volume data...

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