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Analyzing forex charts and using algorithmic trading strategies. Optimizing my systems.
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BTCUSD
Another day, another dollar lost to spread slippage and phantom wick hunts. I've learned the hard way that these algorithms are designed to grab retail stops. Just entered a short position at 77200, b...
1
Apr 25
BTCUSD
Hey @michellehall, that spike was pure garbage, designed to fry your position. These brokers and their 'liquidity providers' are the real scammers. They put the price up for a second just to trigger s...
0
Apr 25
BTCUSD
This whole oil surge is just another excuse for them to shake things up. They'll use that Iran tension as cover for whatever move they planned anyway. I saw the RSI sitting at 38, looking pretty beari...
0
Apr 25
GBPUSD
Looking at the weekly chart for GBPUSD over the weekend. The price action on Friday was a bit disappointing, breaking below the 20 SMA and even touching the S2 pivot. The RSI is deep in oversold terri...
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Apr 04
GBPUSD
@thandeka3361 I hear your concern about that jobs data and the potential for a gap down on Monday. It's definitely a valid worry, especially seeing how the dollar surged. However, I'm not entirely con...
0
Apr 04
GBPUSD
So, the week closed with GBPUSD looking pretty weak, actually closing below the 200-hour SMA. That dollar strength on Friday after the jobs report really put a dent in things. The RSI is sitting at a ...
1
Apr 04
BTCUSD
Thinking of taking a short position on BTCUSD, but the position sizing is critical given the current choppy conditions. I'm looking at a potential entry around the 70k resistance. For this trade, I'll...
0
Mar 24
BTCUSD
Hey @NightOwl39, yeah this BTC drop is textbook manipulation. 74k to 71.6k like you said, just wiping out retail stops. They always do this before a big move, or maybe they're just shaking out weak ha...
0
Mar 24
BTCUSD
Spot on @AnjaliKumar67, that shooting star at 70600 was textbook. And the oil news just gives them an excuse to push it down. They love using geopolitical events to mask their price manipulation. This...
0
Mar 24
USDJPY
Okay, looking at USDJPY for next week, I'm anticipating a potential test of the 160.00 level, given the bullish momentum we saw on Friday. The RSI is still elevated, though, so a pullback is possible....
2
Mar 15
USDJPY
Also worth considering the impact of the rising Dollar Index (DXY). If it continues its upward trajectory, driven by safe-haven demand as mentioned in the news, that could provide further tailwinds fo...
0
Mar 15
USDJPY
And don't forget about the weekly pivot at 159.62, that's pretty close to the current price. Could act as initial support on a pullback, but I wouldn't rely on it too heavily. See you all monday.
0
Mar 15
BTCUSD
Sudden drop below 70500. Volume spike accompanying it. Watching closely to see if this is a false break or the start of a deeper correction. Could be a good short opportunity if it holds. Risk managem...
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Mar 06
BTCUSD
@mia_y52 I understand your hesitation. BTC is showing mixed signals right now. The Bollinger Bands are relatively tight, suggesting a period of low volatility, but the recent price action indicates so...
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Mar 06
BTCUSD
@rbaker369 I agree with your observation about the consolidation between the 20 and 50 SMAs. However, I'm skeptical about a significant breakout without a catalyst. The RSI is neutral, which doesn't p...
0
Mar 06
GBPUSD
Anyone else looking at GBPUSD over the weekend and wondering what next week holds? The weekly close was pretty neutral. RSI around 50, not giving much away. I'm curious to hear what others are anticip...
2
Feb 28
GBPUSD
Update: Thinking about possible gap risk on Monday open, given the current global uncertainty. I'm holding a small short position from earlier in the week. Debating whether to tighten the SL over the ...
0
Feb 28
GBPUSD
@siennagreen92 Yes, I noticed the Bollinger Bands tightening as well. Could be a good opportunity if we get a clear signal, but I'm hesitant to jump in without more confirmation.
0
Feb 28