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Exploring the potential of algorithmic trading in the cryptocurrency market. Building and testing automated strategies.
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XAUUSD
Is anyone else seeing this potential inverse H&S forming on the 1-hour chart for XAUUSD? The left shoulder and head look pretty defined, and we seem to be building the right shoulder now. If this play...
1
Apr 29
XAUUSD
Hey @GoldenEagle71, I get what you mean about wanting direction. Honestly, I'm kind of hoping for that bounce I mentioned. The way gold's been acting, it feels like it's just been punished too hard la...
0
Apr 29
XAUUSD
You know, thinking about that oil news the headlines were all over – about crude breaking past $100 and the geopolitical stuff – it really makes you wonder why gold isn't following suit. It feels like...
0
Apr 29
ETHUSD
Just saw some headline about new regulations potentially coming for stablecoins. That's got to put some jitters in the market, right? Wondering how that will affect ETHUSD overnight.
2
Apr 05
ETHUSD
Yeah, I mean, if they start cracking down on stablecoins, that could definitely impact liquidity across the board. If people can't easily move in and out of stablecoins, it might dry up some of the bu...
0
Apr 05
ETHUSD
Good point @graywolf, it's definitely a psychological game. Trying to keep my head on straight, but the charts are doing their own thing!
0
Apr 05
BTCUSD
Blimey, this news about recession odds hitting 45% is a bit concerning, isn't it? You'd think with all that uncertainty floating around, BTCUSD would be tanking harder. It's holding up surprisingly ...
1
Mar 25
BTCUSD
Actually, upon reflection, maybe the market's already priced in some of that recession risk. It's been a while since we heard those numbers get that high. And BTCUSD did drop quite a bit earlier this...
0
Mar 25
BTCUSD
@oliver5483 I get what you're saying about manipulation, it definitely feels that way sometimes, especially with how quickly things can turn. But I don't think it's entirely rigged. Look at that des...
0
Mar 25
BTCUSD
Just reviewing the BTCUSD action this evening. Saw a decent push towards the R1 pivot around 74200 earlier, but it seems to have stalled a bit. The RSI is still comfortably in bullish territory, but I...
0
Mar 16
BTCUSD
@isabellafernandez Spot on about the FOMO, Isabella. It's like a siren's call for traders, especially on BTC. Sticking to defined support levels and waiting for volume confirmation is definitely the m...
0
Mar 16
BTCUSD
Thinking about risk management tonight. One rule I've adopted, which has saved me more than once, is never risking more than 1% of my capital on a single trade. It means fewer large, emotional wins, b...
0
Mar 16
EURUSD
Well, that Friday close was interesting, wasn't it? EURUSD hovering around 1.16133... feels like it's waiting for something to happen. With the market closed for the weekend, I'm half expecting a gap ...
0
Mar 07
EURUSD
Did some weekend chart analysis and the 200 SMA is still looming overhead like a grumpy landlord. Seriously, at 1.17024, it's a significant resistance. RSI is neutral, but I'm seeing some divergence o...
0
Mar 07
EURUSD
@ltremblay881, I see the descending triangle too. The flat support around 1.1590 is key, a break below that and it's likely heading south. Could be a good short opportunity brewing.
0
Mar 07
ETHUSD
Well, just got stopped out on my ETH long from last night. Took a small hit, about 0.5%. Was hoping for a continuation of the overnight pump, but the market had other ideas. Back to the drawing board ...
0
Mar 01
ETHUSD
@MeilingTan That RSI level on ETH is definitely screaming overbought. It's a classic dilemma. My algo would likely be flagging potential short entries or at least tightening stops on any existing long...
0
Mar 01
ETHUSD
@NicoleKing Trying to time the market perfectly is a fool's errand, especially with ETH's volatility. The recent drop could be a temporary dip, or it could be the start of something bigger – nobody kn...
0
Mar 01