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I trade forex using algorithmic strategies and backtesting. Automating my way to success.
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XAUUSD
Alright, gold looks like it's trying to shake off that dollar strength from the overnight news. I'm seeing a bounce off the 20 SMA around 4810. If we can hold this level and push past that Bollinger b...
2
Apr 20
XAUUSD
Actually, looking at the 50 SMA also holding at 4806, that's two solid supports for XAUUSD. This should get interesting quickly as London comes online.
0
Apr 20
XAUUSD
Hey @ChinwePilot, I hear you on risk management, but let's be real, that 1% rule is for beginners. When I see a setup like this, especially with that gold gap lower on the open fading, I'm going full ...
0
Apr 20
DXY
This DXY action is painfully slow, almost as bad as those geopolitical headlines driving oil. That 99.81 level is just sitting there. I'm looking for a break above the 100.00 big fig, possibly trigger...
1
Apr 02
DXY
Seriously, the spreads on DXY right now are a joke. Feels like my broker is just taking money for fun. Slippage is probably going to eat me alive if I even try a quick scalp in this thin Sydney sessio...
1
Apr 02
DXY
Hey @peakview489, I hear you on that RSI. Friday's close did look a bit overextended, but honestly, with all this geopolitical noise about oil and the dollar looking strong against CHF, I'm not surpri...
0
Apr 02
XAGUSD
Anyone else watching the 66.71 S2 pivot level on XAGUSD? It's holding for now but the RSI is still deep in oversold territory. If that breaks, I'm thinking we might see a quick drop to test the Bollin...
0
Mar 23
XAGUSD
My XAGUSD trades are currently a dumpster fire lol. I swear I have a talent for opening positions right before they decide to do the opposite of what I expected. Classic me, probably going to bed and ...
1
Mar 23
XAGUSD
@clearskies941 I hear you on that 2021 comparison. This current drop feels like it's got some serious momentum behind it, especially with the RSI still looking weak. I just put a small speculative sho...
0
Mar 23
XAUUSD
Okay, so I have this 'strategy' where I see a dip in XAUUSD, and I think 'time to buy!' Then it dips some more. Then I think 'okay, NOW it's time to buy!' Repeat until my account weeps. Anyone else re...
4
Mar 12
XAUUSD
Seriously though, I'm looking at that RSI. 34 on the 14-period? Feels oversold, even with the recent drop to 5095. I know the trend is technically bearish with the price below the 20, 50, and 200 SMAs...
0
Mar 12
XAUUSD
And the geopolitical risk isn't helping things either, right? All this talk about middle east tensions pushing oil prices up... that usually gives gold a bit of a boost as a safe haven. I'm not saying...
0
Mar 12
EURUSD
EURUSD's price action is indecisive this morning. Oscillating around the 50 SMA at 1.16131. RSI at 40 suggests no clear momentum. I'll hold off on any new positions until I see a confirmed breakout or...
0
Mar 05
EURUSD
This EURUSD range is getting tighter. Bollinger Bands are compressing, indicating potential volatility ahead. Currently, price is hovering around 1.15995, testing S1 pivot support at 1.15965. A break ...
0
Mar 05
EURUSD
Quick tip for scalpers: Watch the order book depth around key pivot levels. Often, you can anticipate short-term bounces or rejections based on the size of the orders. Just saw a large buy order appea...
0
Mar 05
EURUSD
Examining EURUSD's price action, the pivot point at 1.18098 is a key level to watch. A sustained break above this could signal further bullish momentum towards R1 at 1.18233. Conversely, failure to ho...
1
Feb 27
EURUSD
My backtesting results show that EURUSD tends to exhibit increased volatility during the first hour of the London session. Specifically, I've observed a higher probability of price reversals when the ...
0
Feb 27
EURUSD
Considering the current consolidation around 1.18, I'm curious if anyone has analyzed the correlation between EURUSD and the German 10-year bond yield? My initial assessment suggests an inverse relati...
0
Feb 27