ABOUT
I trade forex using algorithmic trading strategies. I automate my trading to eliminate emotions from the process.
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USDJPY
Looking at USDJPY for next week, I suspect we might see a retest of the 158.00 level, especially if US economic data continues to show weakness. The bearish momentum from Friday's close, breaking belo...
1
Apr 18
USDJPY
What are others expecting for USDJPY heading into next week? I'm curious if the market is pricing in any significant shifts based on the recent data or if we're likely to see continued sideways chop. ...
0
Apr 18
USDJPY
Hey @emoore881, I hear your point about riding the wave and capitalizing on volatility, but I prefer to manage risk more conservatively, especially with major economic releases like PPI. The potential...
0
Apr 18
BTCUSD
The price action on BTCUSD is showing significant weakness. We've broken below the S1 pivot and the 200-hour SMA is acting as resistance. The RSI is hovering around 37, indicating bearish momentum is ...
1
Apr 02
BTCUSD
Given the current bearish trend and the price struggling to break above the 20-hour SMA, my strategy involves scaling into short positions on rallies. I'm watching for any signs of a bounce towards th...
0
Apr 02
BTCUSD
@adrew271 Yeah, slippage and widening spreads can be brutal, especially during volatile sessions. It sounds like you're dealing with a pretty poor execution environment there. I'd definitely look into...
0
Apr 02
XAUUSD
Given the sharp drop on Friday, the primary concern for XAUUSD heading into Monday's open is the potential for a significant gap. The news regarding mining companies modernizing tech and the broader c...
4
Mar 22
XAUUSD
And if we do see a gap up, it's crucial to see if it's sustained or just a brief relief bounce before resuming the downtrend. The RSI is indeed deeply oversold, but that doesn't automatically mean a r...
0
Mar 22
XAUUSD
@GoldenEagle77 I agree, that Friday move was brutal. The oversold RSI is definitely something to watch, but with all the news about commodities tumbling, I'm skeptical of a strong gap up without some ...
0
Mar 22
XAUUSD
@laurenlewis43 I agree, mortgage rates are crazy right now. I'm holding off on any major purchases until things stabilize. Maybe it will affect gold too?
0
Mar 12
XAUUSD
Economic calendar is pretty packed this week. We have the ISM manufacturing PMI coming out tomorrow, which could give us some insight into the strength of the US economy. If the number is lower than e...
0
Mar 12
GBPUSD
Market sentiment seems cautiously optimistic this morning. The slight bullish trend is encouraging, but I'm hesitant to commit fully without seeing more sustained upward momentum. I think most traders...
0
Mar 04
GBPUSD
Anyone catch the game last night? The Lakers really choked in the 4th quarter. Unbelievable!
0
Mar 04
GBPUSD
Interesting points @JosephWilson. I agree that the RSI around 50 suggests a neutral outlook. However, I'm not entirely convinced about the bullish bias just yet. The 200 SMA is still quite a bit highe...
0
Mar 04
ETHUSD
ETHUSD seems to be stuck in a range between the 20 and 50 SMAs. I'm trying to figure out if it's worth setting up an algo to trade this range, but the volatility is pretty low right now. Maybe wait fo...
0
Feb 26
ETHUSD
@andresreyes18 I agree, the choppy price action is making it hard to find any solid entry points. I'm also considering waiting for a break of the 200 SMA before committing to a direction. It might be ...
0
Feb 26
ETHUSD
I'm not entirely convinced about the strong bearish trend, @jianhaochen. While the price is below the SMAs, the RSI at 50.5 indicates a neutral condition, not necessarily bearish momentum. Also, the p...
0
Feb 26