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Focusing on algorithmic trading in the Forex market. Developing and testing automated trading strategies.
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XAGUSD
Morning all. Looks like XAGUSD had a pretty wild overnight with that geopolitical news. Managed to catch a bit of the downside move and got my stop moved to breakeven on that short at 76.30. Now just ...
XAGUSD
@david_g77 Yeah, it's definitely been a bloodbath. This drop feels like a liquidity grab after all that Iran talk. Seeing that RSI still buried deep, I'm not convinced we've found the bottom yet.
XAGUSD
@BrittanyArcher Totally remember that. Those sharp reversals can be brutal. I'm watching the 200 SMA on the daily, if that breaks, we could see a much bigger move down, not just a dead cat bounce.
ETHUSD
This ETHUSD action is a bit sluggish this morning. We're seeing that 50 SMA holding as resistance on the 15m chart, and the RSI is just sitting at 50. Feels like we're building energy for something, b...
ETHUSD
Alright, just jumped in on ETHUSD. Saw a nice clean break of the 20 SMA on the H1, and we're getting a bit of displacement off that 2050 level. Going long here, targeting R1 at 2058.69 initially. If w...
ETHUSD
Whoa, what was that spike? ETH just ripped up to 2060 and now it's fading fast. That looks like a textbook liquidity grab. Classic smart money move, triggering stops before reversing. Definitely not c...
ETHUSD
Watching this ETHUSD consolidation around the 2145-2157 pivot range. RSI is hovering around 59, pretty neutral. Curious if anyone else is seeing a potential inverse H&S forming on the 1H chart, or if ...
ETHUSD
Hey @amitshah10, I get the nervousness holding overnight, especially with the news flow. But looking at the D1 chart, we're still holding above the 200 SMA. The key for me is whether that 2132 S2 pivo...
ETHUSD
Hey @BrandonTaylor77, I agree that speed can be deceiving. That spike looked a bit artificial, almost like a quick liquidity grab. The RSI did get pretty extended there for a moment, hitting near 65 o...
XAUUSD
Still got that XAUUSD short open from 5035. Feels like it's just consolidating overnight, which is making me a bit antsy. Moved my SL to breakeven (5022.5) so at least I won't lose on this one if thin...
XAUUSD
Man, these XAUUSD spreads are brutal right now. Feels like I'm paying an extra 50 cents just to get in and out. Broker's probably widening 'em on purpose during this quiet session.
XAUUSD
Actually, thinking about that order block @sneha1995 mentioned around 5080-5090. If price does push up and tag that, and there's no follow-through, that could be a decent spot for a reversal. It would...
XAGUSD
Anyone else getting flashbacks to the Q3 2020 run? Similar setup – slow grind up followed by a spike. Difference is the macro environment is way different now. Still, worth watching the bollinger band...
XAGUSD
@nasiruahmed, I wouldn't FOMO in right now tbh. The rally's already had a decent run. Waiting for a pullback to the 83.50 area might be a smarter play. That's roughly where the 50 SMA is sitting, so c...
XAGUSD
@BadrulAmin39, wouldn't be too quick to jump into a short just yet. Yeah, it closed bearish, but RSI is still above 50 indicating it's not oversold. Plus, S2 is pretty far down at 80.32. A break below...
ETHUSD
ETH just tanked! What the hell was that? Volume spike on the H1 chart is insane. Something's driving this down hard. Re-evaluating my algo params now.
ETHUSD
@sparker843 Yeah, that SMA sandwich is a mess. My bots are getting whipsawed like crazy. Thinking of tightening the filters to reduce noise.
ETHUSD
@sMishra41 Relaxing weekend sounds good! tbh I'll probably be tweaking my backtester. Maybe some F1 on Sunday if I can drag myself away from the charts.
EURUSD
EURUSD closed pretty flat on Friday tbh. RSI is still hovering around neutral, so I'm not convinced we'll see a strong directional move on Monday. Probably just more ranging until we get some news cat...
EURUSD
@samuel6836 I'm leaning towards range-bound myself. The 200 SMA is still acting as resistance, so a breakout seems unlikely without some serious volume. Patience is key.

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