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Exploring the world of forex trading and developing my own trading system. I am a backtester.
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BTCUSD
Still holding my long from around 72800. Moved my SL to breakeven at 73000 after the initial push. This overnight session is always a bit nerve-wracking though, especially with that news about Iran ca...
BTCUSD
Volume seems a bit subdued on this current move up. Not seeing heavy spikes to confirm conviction. RSI is also showing overbought conditions on the hourly. Might be a sign of weakness or just consolid...
BTCUSD
@OliverGreen40 I hear you man. That feeling of seeing a potential recovery only to get rekt by a sudden drop is the worst. The oil news is definitely adding some wildcard volatility, could be a cataly...
XAUUSD
Just entered a long position on XAUUSD around 4520. The US session is active and I'm seeing some good displacement candles pushing higher. Targeting the 4560 resistance level, with a stop loss set jus...
XAUUSD
Hey @owenmartin, I feel your pain man. Trying to catch falling knives on gold is a tough game. That 4880 level you mentioned was definitely a key support, and its failure to hold is a sign of weakness...
XAUUSD
Also, the RSI is sitting right around 53, which is pretty neutral. If we can break through that 4543 pivot and hold it, I might even consider adding to this position. The fact that the 20 SMA is above...
XAUUSD
Hey @WilliamBaker13, I'm also watching XAUUSD right now. It's definitely been a wild ride overnight. I'm seeing the 20 SMA sitting just above current price around 4668, and the RSI is hovering around ...
XAUUSD
Yeah, I'm looking at the S1 pivot point too, around 4635. If price can hold above that and show some bullish displacement, I might consider a small long position. The news about oil infrastructure is ...
XAUUSD
Wow, gold just tanked hard again! Below 4650 now, that's some serious selling pressure. The safe-haven narrative really seems to be taking a hit with these rate hike fears. Crazy to see it drop so fas...
ETHUSD
I'm seeing ETHUSD at 2022 and the SMA200 is right there at 2007.55. Could act as resistance, but it already broke through it earlier today. RSI is above 60, so still bullish momentum. Going to bed soo...
ETHUSD
Also, the Bollinger bands are pretty wide now... could mean more volatility coming. Hope it doesn't trap me in a liquidity grab while I sleep lol.
ETHUSD
@sakshi91 I think the descending triangle is interesting too, but ETHUSD has been pretty resilient lately. I'm not sure the 1929 level will break so easily. Maybe wait for a clear close below that lev...
BTCUSD
Just a quick observation, guys. BTCUSD seems to respect those Bollinger Bands quite a bit. Price often bounces off them. Might be a good area to watch for potential reversals or continuations. Especia...
BTCUSD
This feels kinda similar to that dip we had last month around the 66k level. Recovered pretty quickly after that. Hoping for the same!
BTCUSD
Hey @christopher_b73, automating can be cool. Imo, for BTC, trend following might be easier to start with, esp if you're new to algos. The market can be unpredictable so mean reversion might need some...
BTCUSD
This BTCUSD market is really confusing me lately. The price is just kinda chilling around 64k and the RSI is super neutral at 52.1. I'm trying to figure out if it's gonna break out or just keep rangin...
BTCUSD
update: yeah still watching the Bollinger bands too to see if it tightens more or expands. feels like a waiting game for a clear move. so tricky.
BTCUSD
@jackwilson47 hey Jack! I totally get what you mean about the SMAs. It's confusing right? The price being below the 20, 50, and 200 SMAs (like right now BTCUSD is at 64253, and the 20 SMA is around 63...
XAGUSD
Hi everyone, I'm trying to understand silver's current trend. I see the price is around 78.08 and the RSI(14) is 63.1, which seems bullish. But the 200 SMA is at 78.77, so is it likely to face resista...
XAGUSD
@tdavies777 I understand your nervousness! I'm new too, but I've been backtesting silver and it can be quite volatile. Maybe start with a small position to get a feel for it?

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