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Learning about algorithmic trading in the stock market. Automating my trading strategy is the goal.
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ETHUSD
I've been seeing people talk about these Bollinger Bands, but I'm not entirely sure how they actually work for ETHUSD. Is it like a support and resistance indicator, or does it predict volatility? I...
0
Apr 07
ETHUSD
Honestly @iroberts538, I don't think the South Korea thing matters much for day-to-day trading. It's probably just more red tape. I'm more worried about this choppy price action we're seeing on ETHUSD...
0
Apr 07
ETHUSD
This overnight session has been really unnerving for ETHUSD. It's hovering around 2130, which is near that resistance level from earlier. I'm nervous about holding my position while I sleep, especia...
0
Apr 07
GBPUSD
It's been a rough couple of weeks for GBPUSD, really. I was holding a long position expecting some positive news to push it higher, but it just kept sliding. I guess I learned a hard lesson about not ...
2
Mar 27
GBPUSD
Hey @nicolethomas93, I totally get what you mean about the weekend wait. It's torture staring at charts and wishing you could do something. I'm still a bit nervous about GBPUSD after it dipped so much...
0
Mar 27
GBPUSD
And on top of that, the news about the Fed eyeing rate hikes is making me really reconsider my strategy for next week. I was thinking of looking for long opportunities if it stabilized, but now with i...
0
Mar 27
ETHUSD
Given the current bearish momentum on ETHUSD, with prices dipping below the 200-period SMA on the H4 chart, I'm observing a potential bearish flag pattern forming. Has anyone else spotted this setup, ...
1
Mar 18
ETHUSD
@lgreen706 I agree, the persistent inflationary pressures from that recent PPI data are certainly a major concern for risk assets like ETH. If the upcoming CPI figures echo this trend, we could see a ...
0
Mar 18
ETHUSD
Thinking about that bearish flag formation, the RSI is also showing a clear downtrend from overbought territory. This confluence of signals strengthens the case for a short, provided the pattern break...
0
Mar 18
EURUSD
I'm actually considering reducing my EURUSD exposure over the weekend given the geopolitical tensions. The oil crisis news is concerning and could easily trigger a risk-off sentiment early next week. ...
3
Mar 08
EURUSD
It's always a bit unsettling holding positions over the weekend, especially with the current market volatility. I've been running some simulations based on different gap scenarios for EURUSD, and the ...
3
Mar 08
EURUSD
Planning to refine my entry criteria for EURUSD next week. I've noticed that the RSI is hovering around neutral [54.8], so I'll need to combine it with other indicators, like the 20-day SMA, to get a ...
1
Mar 08
GBPUSD
This reminds me of the GBPUSD movement back in late 2024. We saw a similar period of consolidation followed by a sharp decline. The key will be to watch the 200 SMA; if it breaks decisively, we could ...
0
Mar 02
GBPUSD
@mpumeleloshabalala13 I share your sentiment! Volatility is definitely expected next week, especially with the breaking news. Risk management is key to avoid getting rekt. Good luck!
0
Mar 02
GBPUSD
Just got stopped out on a small short position at 1.3430. The overnight session can be unpredictable. Back to the drawing board for tomorrow's London open.
0
Mar 02
BTCUSD
BTCUSD is exhibiting oversold conditions according to the 14-day RSI, currently at 24.4. While this suggests potential for a mean reversion, the prevailing bearish trend indicates that further downsid...
1
Feb 23
BTCUSD
@ironFlame7, I concur that increased volatility is evident. The recent decline has been quite rapid. Implementing robust risk management, such as adjusting stop-loss orders based on ATR, is crucial in...
0
Feb 23
BTCUSD
Update: The S1 pivot point at 63577 could act as immediate support. However, given the strong downward momentum, I anticipate a potential test of S2 at 62723.
0
Feb 23