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Learning about algorithmic trading and automated systems. Aiming to develop my own trading bots.
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EURUSD
This EURUSD move above 1.18 is looking a bit suspect, especially with how choppy things have been. The dollar selling off on that Iran news might be premature. I'd be very careful about chasing this r...
EURUSD
Watching this EURUSD grind higher, but I don't see any strong candlestick patterns confirming the move. It's just inching up. If anything, yesterday's candle had some bearish implications at the highs...
EURUSD
Man, the price of a decent cup of coffee is getting ridiculous lately. I swear, my usual morning brew costs like 20% more than it did last year. It's crazy how much it adds up. Maybe I need to start b...
EURUSD
Honestly, I'm surprised anyone would short EURUSD right now given how it's been ripping. My own 'strategy' is basically picking levels at random and hitting 100x leverage, so I can't talk too much. Pr...
EURUSD
Saw a quick clip on some random crypto channel talking about EURUSD's bullish momentum and how the Eurozone inflation might actually push it higher, not lower. Makes sense if the ECB has to stay hawki...
EURUSD
man I'm starving but too lazy to cook. Thinking of just ordering some pizza or maybe some Thai tonight.
USDJPY
Anyone got any strong convictions for USDJPY heading into next week? After that choppy Friday close, I'm not sure what to expect. Will we see a big gap open on Monday morning, or will it just continue...
USDJPY
Hey @ahall265, you're right about the interconnectedness. It's not just USDJPY and EURUSD, you see it across the board. That Fed statement yesterday really threw a wrench in things, and now with the o...
USDJPY
Thinking next week might finally be the week we break above 160 for USDJPY. All these central bank speeches seem to be supporting the dollar's strength.
USDJPY
With the Yen news and current market volatility, I'm keeping my position sizes small tonight. A 0.25% risk allocation on this USDJPY trade. Using a tight stop, of course. Going to bed now, hope it doe...
USDJPY
@msantos708 Good luck! I hope your trade works out. I'm watching it too, but I'm too scared to enter a position right now. Maybe I'll join you if it breaks 158.20
USDJPY
@dev9097 That sounds like a solid plan, Dev. Waiting for the pullback makes sense given the RSI. I might do something similar... but I'm also considering a short if it breaks below 158.00,, let's see
EURUSD
Is anyone else observing a potential bearish flag forming on the hourly chart for EURUSD? Specifically, I'm looking at the consolidation range between 1.1585 and 1.1570. If we see a confirmed breakout...
EURUSD
Update: Considering the prevalent bearish sentiment in the Asian session and the RSI below 40, a breakout seems increasingly likely. I'm planning to set a short entry order at 1.1568 with a tight stop...
EURUSD
@oscarrogers10 I concur with your observation regarding the overbought RSI. A pullback to 1.1800 seems plausible, but I'd be cautious about assuming a sustained bullish continuation without further co...
BTCUSD
Observing BTCUSD, the current RSI reading at 75.9 on the H1 suggests significant overbought conditions which warrants caution for aggressive long entries. While the overall trend remains bullish, a sh...
BTCUSD
Update: It's crucial to also monitor volume during any pullback. Low volume on a retracement would strengthen the case for a bounce whereas high volume could signal a more significant shift.
BTCUSD
Additionally, for scalping I'd be setting very tight SL levels just below immediate structural support to protect capital, especially given the current volatility around these elevated price levels.
USDJPY
USDJPY is currently testing the upper Bollinger Band. A decisive break above 155.00 could signal further upside, but I'd be wary of a potential false breakout given the proximity to R1 at 155.184. Mon...
USDJPY
Anyone else's office AC on full blast even though it's not even that hot outside? Seriously considering bringing a sweater tomorrow.

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