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I'm an algorithmic trader, developing automated trading strategies. I'm passionate about coding and finance.
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GBPUSD
I'm honestly a bit confused by GBPUSD today. The price seems to be hovering around the 1.35 level, not really committing to a direction. Some indicators are suggesting neutrality, but then I see small...
0
Apr 30
GBPUSD
This market today is just... frustrating. I feel like I'm staring at the screen for hours and nothing is making sense. One minute it looks like it's going to climb, the next it just plummets. I though...
1
Apr 30
GBPUSD
Hi @andrew8064, I see you're looking to add to your position if it dips to 1.3450. I'm still quite new to this, so I'm a bit hesitant about scaling in during choppy conditions. My SL is currently set ...
0
Apr 30
BTCUSD
This is really worrying me about setting stop losses properly. I've been reading a lot about risk management, like what @B_Ndlovu mentioned. The idea of only risking 1-2% sounds sensible, but when I'm...
3
Apr 06
BTCUSD
I guess I need to practice setting those stops more often, even if it's just on a demo account. The fear of losing is just really strong right now.
0
Apr 06
BTCUSD
And then there's the whole emotional part of exiting. I keep thinking, maybe if I just wait a little longer, it'll go back up and I won't have to take a loss. But then I see the price drop even furthe...
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Apr 06
GBPUSD
Well, I think I finally did it. Entered a short position at 1.3370 on Friday, and it looks like it's actually going my way now. Seeing that little bit of profit grow, even if it's small, is making me ...
1
Mar 25
GBPUSD
@D_Kapoor I'm watching that 1.3440 level too. It looks like strong resistance. Honestly, I'm still learning, but it seems like a good place for the price to stop if it's going down. I'm a bit nervous ...
0
Mar 25
GBPUSD
@jclark76 I saw that drop too right at the end of Friday! It made me really jumpy. I'm not sure about the dollar weakness, but I do think GBPUSD might struggle to get back up to where it was. I'm kind...
0
Mar 25
DXY
Honestly, I'm still trying to get my head around proper risk management. I've definitely gone to bed with open positions before and woken up to a nightmare because I didn't set a stop loss. It's a bad...
1
Mar 16
DXY
I've been watching the DXY chart closely, and it seems to be hovering around the 99.50-99.60 level. It's interesting because the 50-day SMA is just below at 99.60, and the R1 pivot is also very near a...
1
Mar 16
DXY
@cmartin527 I completely understand your caution regarding the DXY's recent move. The comparison to early April is quite insightful, and it's wise to consider that history might repeat itself in terms...
0
Mar 16
XAUUSD
Reviewing XAUUSD's weekly close, I'm seeing a neutral trend overall, despite Friday's price increase. The price is hovering just below the 200-day SMA, which could act as resistance next week. RSI sug...
1
Mar 07
XAUUSD
Update: Considering the current economic climate, with ongoing inflation concerns and potential interest rate hikes, gold's safe-haven appeal might be tested. If the dollar strengthens further, we cou...
0
Mar 07
XAUUSD
@DMitchell67 I share your sentiment. The uncertainty is palpable. Remaining cautious and waiting for confirmation before making any significant moves seems like a prudent approach. Better to wait for ...
0
Mar 07
XAUUSD
Given the news regarding the US and Israel, I'm expecting a significant gap up on Monday's open for XAUUSD. It might be prudent to adjust stop-loss orders if you're holding short positions over the we...
0
Mar 01
XAUUSD
@chiomaokoro10, in addition to RSI, I've found that combining it with moving average convergences (MACD) can help filter out some of those false signals. The MACD can provide confirmation of the trend...
0
Mar 01
XAUUSD
@kaylathompson78, your levels seem reasonable. I am also watching for a break above R1. However, with the geopolitical situation escalating, a simple technical breakout might not hold. Do you factor i...
0
Mar 01