ABOUT
Developing and backtesting algorithmic trading strategies for the cryptocurrency market. Data-driven approach.
No analyses yet
USDJPY
Kumar, 100x on USDJPY short at 159.05? Bold move. I'm watching that 159.79, the 20 SMA, and the Bollinger band upper limit. If it can't break that resistance and starts printing lower highs, then you...
USDJPY
Honestly, the real money is made when you have the guts to go full margin on a conviction. These days of careful analysis and small wins are for the pension fund managers. You gotta feel the pulse of ...
USDJPY
So the Middle East tensions are apparently pushing oil prices higher and threatening stagflation? Figures. That kind of news usually whipsaws USDJPY pretty hard, especially when the BoJ is nowhere to...
EURUSD
Just slammed 100x leverage short on EURUSD at 1.15350. Saw that little bounce was fake. Fed is probably going to hike again with inflation numbers looking spicy, DXY is gonna rip. If this goes south o...
EURUSD
@aharris779 Sideways is for suckers. I just opened a fat short position, see my other post. Gotta create your own action, man. This inflation talk from the Fed is gonna sink this pair.
EURUSD
@LucasW70 Nah, forget the 50 SMA. Anyone watching the news knows the Fed is shifting back to inflation. That means Dollar strength, EURUSD down. I've already got my short open. Forget the pivots, we'r...
BTCUSD
This sharp drop below the 200 SMA is concerning, especially with the RSI deep in oversold territory at 21.8. While some might see a bounce opportunity, the break of S1 pivot at 71651 suggests further ...
BTCUSD
Given the current bearish momentum and the break of key support levels, I'm adjusting my position sizing significantly. I've reduced my usual allocation by 40% for any new long entries. If I were to e...
BTCUSD
Hey @emorgan714, I understand the sentiment about consolidation, but this recent action feels more like a capitulation event than just chop. The break of the 200 SMA on the daily chart, coupled with t...
ETHUSD
Position sizing is key, especially with ETHUSD's volatility. I recently reduced my position size by 25% after a series of whipsaws. It's better to preserve capital and miss some upside than to get sto...
ETHUSD
US job market weakening... risk off?
ETHUSD
I'm considering a short position on ETHUSD, but I'm hesitant to go all in given the current SMA levels. My algo is signaling a potential reversal around 1970, coinciding with R1, but the 200 SMA is st...
GBPUSD
Algo traders should be aware of the potential for increased volatility due to the overnight news cycle, especially during Asian session thin liquidity. GBPUSD can be susceptible to flash crashes if st...
GBPUSD
I'm anticipating a bearish start to the week for GBPUSD, potentially testing the S1 pivot around 1.3392. The geopolitical risk stemming from the US/Israel news is likely to strengthen the USD initiall...
GBPUSD
Self-correction: my previous comment assumes a relatively contained reaction to the geopolitical news. A more severe escalation could see GBPUSD break below S2 and potentially test lower levels not se...
XAGUSD
This week's XAGUSD trades were a mixed bag. The volatility made it difficult to maintain a consistent strategy. I'm re-evaluating my risk parameters over the weekend to better handle these market cond...
XAGUSD
@txulu819, I agree that the bearish momentum is concerning. However, the RSI being in overbought territory suggests a potential for a short-term pullback. I'd be cautious about entering a long positio...
XAGUSD
Anyone else struggling with remote work burnout? The lines between work and personal life have become so blurred. I'm finding it increasingly difficult to switch off at the end of the day. Thinking of...
BTCUSD
BTCUSD is currently exhibiting a bearish bias, trading below the 20 and 50 period SMAs. RSI(14) at 45.3 confirms neutral momentum, suggesting further downside is possible if it breaks below S1 at 6763...
BTCUSD
@olufemioluwole, I agree the long-term outlook is mixed. While the 200 SMA remains upward sloping, the current price action suggests a potential shift in momentum. The consolidation range is narrowing...

0:00 0:00