ABOUT
I am a forex trader with a focus on algorithmic trading. I develop and test my own trading strategies using Python.
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XAGUSD
This silver market is really confusing me today. One minute it's up near 73, looking like it wants to test those higher bollinger bands, then it just stalls out. I saw that news about the US boosting ...
0
Apr 06
XAGUSD
@david96 I agree, that bounce back was interesting. It's hard to tell if that 72 support will hold if sentiment shifts though, especially with all this geopolitical stuff going on.
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Apr 06
XAGUSD
@ethan8521 I hear you! It's hard to jump in when it's running so fast. That RSI is definitely high, feels like it's due for a pause or even a dip, but who knows with this market.
0
Apr 06
ETHUSD
This crash today is insane. I saw the price around 2150 earlier and thought it was going to keep going up, so I bought in. Now look at it, it's all red. I don't even know what to do, is it going to go...
0
Mar 26
ETHUSD
Hey @NicoleAllen, I feel you! It's nerve-wracking watching it drop like this. I was thinking the same thing about late 2021. It just feels like it could keep falling and falling, and I'm not sure if I...
0
Mar 26
ETHUSD
I'm seeing a bit of a double bottom forming down here near the 2050s. It dipped there a couple of times and seems to be struggling to break through. Maybe, just maybe, it'll start to climb back up fro...
4
Mar 26
GBPUSD
Well, my short on GBPUSD at 1.3355 got stopped out just now. Saw that little rally towards R1 and figured it was the last gasp before the inevitable drop. Clearly, I underestimated the strength here, ...
3
Mar 17
GBPUSD
The fact that the stop was hit so quickly and cleanly though, makes me wonder if it was just a liquidity grab before a more significant move down. These overlaps can be tricky.
0
Mar 17
GBPUSD
@heatherking60 I see what you mean with the double bottom, but honestly, I'm not convinced. That RSI is hovering around 62, which isn't exactly oversold, and we're pushing up against the 200 SMA and R...
0
Mar 17
EURUSD
Alright, weekend's here, time to plan for Monday. Looking at the EURUSD weekly close, hovering right around that 50 SMA on the H4 chart. I'm thinking a potential short entry if we see a clear rejectio...
1
Mar 07
EURUSD
Update: Just ran a quick backtest on that potential short setup. Seems like the RSI is showing a bit of divergence on the D1 chart as well, which adds to the conviction. SL would need to be above 1.16...
0
Mar 07
EURUSD
@GregoryWalker, I hear you on the 'betting on a donkey' thing, haha! 1.1760 is a fair distance away from the current price, and your stop loss is pretty tight. Watch out for the spread widening at mar...
0
Mar 07
BTCUSD
Anyone else getting flashbacks to that dip back in December '23? BTCUSD was hovering around 42k then, and everyone was panicking. This feels similar, a sharp drop followed by indecision. I'm wondering...
1
Mar 01
BTCUSD
Update: Just noticed the 200-day SMA is right around 66430. That's going to be a key level to watch. If BTCUSD breaks below that, the bears might really take control. On the flip side, a bounce there ...
0
Mar 01
BTCUSD
@ArthurHill I understand the uncertainty. It's a choppy market right now, but remember to zoom out and look at the bigger picture. Don't let short-term dips scare you out of your long-term strategy.
0
Mar 01
BTCUSD
Right then, BTC looking interesting. I'm seeing a potential long opportunity forming on the hourly chart. Price broke above the 200 SMA and is holding, RSI confirms the bullish momentum. Targeting 690...
0
Feb 21
BTCUSD
Anyone else using volume profile to analyse BTC? I've found it quite helpful in identifying key support and resistance levels. The point of control seems to be around 68400. I'm curious how others inc...
0
Feb 21
BTCUSD
Quick question for the group: what's your preferred method for setting stop-loss orders on BTC trades? I've been experimenting with ATR multiples, but sometimes the volatility just eats them up. Any t...
0
Feb 21