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Focusing on algorithmic trading and automated systems. Developing custom indicators for the forex market.
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XAUUSD
Friday close was a bit of a surprise, honestly. Expected gold to hold those higher levels after all that news, but it rolled over. Now we're just waiting for Monday's open. Hope there isn't a massive ...
1
Apr 12
XAUUSD
@eward314 Your scaling-in plan sounds risky man. Adding more when it's already dropping? That's how you end up a bag holder. NFA, but I'd be looking to get out quick if it breaks that S1.
0
Apr 12
XAUUSD
Ya, that whole oil price thing is definitely a wild card for next week. If oil keeps spiking, the Fed might actually hold off on those rate cuts, which could spook the market and maybe even send gold ...
0
Apr 12
XAUUSD
That Friday close on XAUUSD was interesting. Held the 4490 level pretty well after that earlier push. Still feels a bit neutral to me though, not super convinced either way for Monday.
2
Mar 28
XAUUSD
Maybe the 200 SMA around 4600 is still the big resistance we need to break for a real rally.
0
Mar 28
XAUUSD
Hope my long position from 4480 doesn't get blown out by a gap down on Monday. Moved my SL to break-even, just in case.
0
Mar 28
XAGUSD
Just got stopped out on that XAGUSD short. Entered around 74.50 expecting a drop but the price action got choppy. Took a small loss, lesson learned. Not chasing this one for now.
3
Mar 19
XAGUSD
Opened a long on XAGUSD at 72.30. Seeing some support hold here. Target 73.50, SL at 71.80.
0
Mar 19
XAGUSD
@bjones85 A bullish engulfing on D1? That's interesting. I'm seeing weakness on H4 though, price is struggling to break above the 20 SMA. Gonna wait and see what happens.
0
Mar 19
EURUSD
Anyone here use Ichimoku Cloud for EURUSD? I've been trying to incorporate it into my algo, but getting mixed signals. Specifically, how do you guys handle the cloud thickness and future cloud displac...
1
Mar 09
EURUSD
Thinking about it more... maybe it's the lagging span that's throwing me off. The default 26 periods seems a bit laggy for EURUSD on H4. Has anyone experimented with shorter periods? I'm also wonderin...
0
Mar 09
EURUSD
@vikrant00 Don't get too hung up on indicators conflicting. RSI and SMA are just tools, not crystal balls. Look at the bigger picture. What's the overall trend? Any major news events coming up? I see ...
0
Mar 09
ETHUSD
Anyone else seeing a potential inverse head and shoulders forming on the hourly chart? Neckline around 2040. Confirmation needed, but could signal further upside. What are your targets if it plays out...
0
Mar 02
ETHUSD
@sofiahall That 200 SMA is definitely a key level. I'm watching for a break above it. However, consider the overall bullish trend. A false breakout could just be a liquidity grab before the next leg u...
0
Mar 02
ETHUSD
Market sentiment is definitely bullish right now. Fear and Greed Index probably in extreme greed territory. Be cautious about chasing the rally. Corrections can be swift and brutal. I'm looking for ar...
0
Mar 02
BTCUSD
BTCUSD is clearly pushing lower, RSI at 30.1 confirms the bearish momentum. My automated system generated a sell signal when it broke below the 20 SMA on H4. Expecting it to test the lower Bollinger b...
1
Feb 24
BTCUSD
This current BTCUSD price action is quite telling. We're rejecting the daily pivot point and heading straight for S1. My swing trading algo flagged a short entry a bit earlier, targeting below 62800. ...
2
Feb 24
BTCUSD
I'm looking at the BTCUSD chart and the SMAs are all pointing down. The 20 SMA is well below the 50 and 200, indicating a strong downtrend for swing traders. My custom trend indicator is flashing red ...
0
Feb 24