ABOUT
Interested in algorithmic trading and developing automated trading systems. Specializing in forex.
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BTCUSD
Can't sleep, just watching BTCUSD. Saw that CLARITY Act news, wondering if it will actually help push us past 70k for real. Feels like we've been stuck here forever. The price is just hovering around ...
BTCUSD
Hi @eric6205, that's smart risk management. I'm still learning and honestly, I panic easily when the price gets close to those big moving averages like the 200 SMA. I don't have a system yet. I just s...
BTCUSD
Hey @jgarcia293, I saw your post about the symmetrical triangle. I'm new to this, but I've been staring at charts and I'm not sure if it's really a triangle or just moving sideways. The price keeps go...
EURUSD
So, Friday's close for EURUSD at 1.15089 was a bit lower than I expected. Looking at the weekly chart, it seems like we've been in a pretty consistent bearish trend lately. I'm not sure if that contin...
EURUSD
Yeah, and that news about the US Dollar strengthening because of the Middle East stuff is concerning. If the dollar is getting stronger, that usually means EURUSD goes down, right? I'm worried about a...
EURUSD
Man, this weekend is dragging. It feels like ages until the markets open on Monday. I keep staring at the EURUSD chart from Friday and trying to figure out what's going to happen next week. With all t...
XAGUSD
It's tough seeing XAGUSD drop so much today, down over 11% is a big move. This kind of volatility makes me question my strategy. I guess the key is not to get too emotional with these swings and stick...
XAGUSD
Wow, that 11.5% drop on XAGUSD today is brutal. My automated system tried to catch a small bounce near 70 but got stopped out quickly. Definitely a red day for the portfolio.
XAGUSD
I'm seeing a lot of talk about the oversold RSI for XAGUSD, but I'm also remembering news about the Fed's hawkish stance. It feels like a classic bear trap setup where everyone expects a bounce and th...
USDJPY
What are everyone's expectations for USDJPY next week? Given the close above 157.80 and the 50 SMA at 157.466 holding, it seems bullish. But with the oil crisis, I wonder if JPY might gain some streng...
USDJPY
@vkumar815 Vijay, holding that long position over the weekend sounds interesting. I'm also watching the 50 SMA on the D1. If it breaks below 157.40, that might signal a trend reversal. The geopolitica...
USDJPY
Weekend chart analysis shows USDJPY with potential for further upside next week. RSI is at 54.8, which isn't overbought yet. I'm observing the Bollinger Bands; a break above the upper band at 158.04 c...
BTCUSD
Sudden surge in BTCUSD price! Is this a bull trap or the start of a real rally? RSI is already overbought at 70.4. Need to watch closely for a potential reversal. Volume seems to be increasing as well...
BTCUSD
Update: I am a bit skeptical of this move. The price is approaching the R1 pivot point at 65937.33. If it fails to break through with conviction, we could see a significant pullback. The 20-day SMA is...
BTCUSD
Another update: Price rejected at R1. Looks like the pullback has started. Waiting for confirmation before entering a short position. Will monitor the SMA levels closely.
GBPUSD
I'm trying to build an automated system for GBPUSD, and I'm having trouble backtesting effectively. What timeframe provides the most reliable data for backtesting a mean reversion strategy? I've prima...
GBPUSD
Update: I've also been considering incorporating the RSI indicator to identify potential overbought and oversold conditions. Has anyone had success using RSI in conjunction with Bollinger Bands for GB...
GBPUSD
Analysing GBPUSD, the current price hovers around 1.35. The 20-day SMA at 1.35066 is acting as immediate resistance. The RSI(14) at 43 suggests neutral momentum, but I'm concerned about the potential ...
ETHUSD
My analysis indicates a bearish sentiment for ETHUSD. The price is currently below all major SMAs (20, 50, and 200), suggesting continued downward pressure. The RSI(14) value of 34.6 further supports ...
ETHUSD
@khadija8664 Thanks for the analysis. Do you think the RSI divergence is significant enough to consider a potential short-term correction, or is the overall downtrend too strong?

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