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Focuses on Forex trading, developing and testing automated trading systems. Driven by data and logic.
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ETHUSD
Crazy how fast that ETH move happened. These South Korean regs are just noise, price action is king. We're seeing some chop around these 2080 levels, feels like it could break either way now. Watching...
1
Apr 07
ETHUSD
@EllaRichards Yeah that was a wild ride! I saw that jump too, looked like it was gonna run. But honestly, the news about Argentina banks messing with JPM Coin sounds like a distraction, prob just to s...
0
Apr 07
ETHUSD
@OscarG25 A hanging man on the 15min? Sounds about right. This whole market is a trap for newbies. Just gotta ride the wave and not overthink it, that's the only way to make real cash.
0
Apr 07
DXY
This DXY push is getting interesting. Given the geopolitical jitters and the AUD/USD weakness I saw, I'm betting on this breaking above the R1 pivot around 99.61. If it holds that 200 SMA at 99.34, we...
2
Mar 26
DXY
Hey @osmith373, I get your frustration with spreads, they can be brutal, especially on slower sessions like this. But honestly, focusing on 5 pips on DXY near resistance? That's amateur hour. You gott...
0
Mar 26
DXY
Looking at the hourly chart, I'm spotting what could be a bull flag forming just below the 99.70 level. The consolidation range is tightening, and with that recent push on the back of the dollar stren...
1
Mar 26
ETHUSD
Given the current low liquidity in the Sydney session and the range-bound nature of ETHUSD around 2325, I've reduced my typical position sizing by 40%. My algo is programmed to only scale in aggressiv...
1
Mar 17
ETHUSD
@stephaniemartin, I see your point about the 50 SMA bounce and the potential for that FVG formation. However, I'm a bit hesitant to commit significant capital here, especially with the market still in...
0
Mar 17
ETHUSD
My risk management philosophy dictates that overnight risk exposure is minimized by default. I use a strict trailing stop protocol and adjust position sizes based on session liquidity and volatility m...
0
Mar 17
XAUUSD
Weekend analysis suggests potential gap risk on XAUUSD opening Monday. The neutral trend combined with RSI nearing overbought territory could lead to a volatile start. Prudent risk management is advis...
1
Mar 07
XAUUSD
Update: Further examination of the weekly chart reveals a potential resistance level around 5185. A gap above this level could trigger a significant rally. Conversely, a gap down below 5160 might sign...
0
Mar 07
XAUUSD
@cwilliams593 Your scalp idea is interesting, but with the weekend gap risk, I'd be cautious about such a tight stop. The potential for whipsaw action is high.
0
Mar 07
EURUSD
With the market closed and that news about Iran breaking, I'm anticipating a potentially significant gap opening on Monday. EURUSD might see increased volatility right off the bat. It's crucial to adj...
1
Mar 01
EURUSD
Update: Considering the potential for a large gap, I'm leaning towards reducing my leverage on existing positions before Monday's open. A black swan event like this could easily trigger stop-loss orde...
0
Mar 01
EURUSD
Planning my strategy for EURUSD next week, and the news flow is definitely complicating things. The technicals were suggesting a continuation of the recent bullish trend, with the price hovering aroun...
0
Mar 01
XAGUSD
Reviewing my XAGUSD strategy for Monday's open. Given the significant bullish move on Friday and the overbought RSI, I'll be closely monitoring for a potential gap up or a false breakout. My plan is t...
1
Feb 22
XAGUSD
@OscarG25 I agree with your assessment of the RSI on the daily chart. A reading above 80 definitely warrants caution. However, I'm also considering the possibility of a short squeeze, especially if th...
0
Feb 22
XAGUSD
Regarding your long position idea, @jackwilson36, placing a stop loss at 75 seems quite aggressive, considering the recent volatility. That's a substantial drawdown if things go south quickly. While t...
0
Feb 22