We never met the the negative 0.236 which is an algo target of this fib and as predicted we bounced from 77, although still inside a falling wedge and the big triangle trend line, we didn't want to play that. On the daily and big picture we have a big ass hidden bullish divergence but right now playing a bearish hidden divergence that will take RSI down to touch...
Hello, world. This page is overlooking a statistical analysis, and I maintain work of a group of robots on Forex and Crypto. Today we have another call for EURUSD. As you could see, we already have a short order at 1.14726. Currently, the same robot made another shot for a downward movement. From its perspective, we can shortly spot a sequel. If we don't, we...
GBPSGD - 2a - 190115 - SHORT - OANDA - AT - 12H - (RRR 3.66)
Good Morning Traders, Looks like Gold is approaching macro resistance at an algorithmic level (75% of range), which has a little too much confluence to ignore. It's rare that you see this much confluence on so many different levels, but when you do you see something of this nature its reasonable to anticipate a sharp reaction from it. Alongside that we are also...
Hi Guys, I thought i would share a set up, I'm initially looking for a 4hr sell signal on Bitcoin from our Algorithm and then looking to get long for higher prices. I've created a crypto algorithm which will pick the trade live. The next targets to the upside are $3,888.22 to $3,915 were I expect to see resistance. The selloff could be back down to the $3,600...
Here are our results for 2018 for a custom script we wrote earlier in the year. I still prefer to do my trading manually via technical analysis because that is where my passion is however I am becoming more and more of a believer in algo trading given these results. If you feel you have skills to contribute, send me a PM and perhaps we can partner. There is always...
EURCAD - 1a - 190103 - SHORT - OANDA - AT - 1D - (RRR 4.67)
GBPNZD - 1a - 190102 - SHORT - OANDA - AT - 4H - (RRR 3.66)
EURNZD - 1a - 180102 - SHORT - OANDA - AT - 12H - (RRR 3.85)
Hi guys, Let me start with what I did last time, saying I use mainly Elliott wave theory for those who are interested. Sorry that my first chart for you was hidden due to violation. Even more sorry because it hit the target correctly and went a little above the box I drew and stopped me but as I updated later a re-short with a stop at the high of the wave2 with...
It may be time to start buying back into bitcoin at least for the short term. The strategy has profited during the recent downtrend and has now switched from short to long. There has been a strong bounce from the lows and the high momentum suggests that bitcoin will most likely continue to rise. See related ideas for more information on the bitcoin trading...
My ' Trend Precognition ' indicator just crossed positively on the weekly time frame (orange box), indicating a change of trend (also supported by the on-chart arrow version that additionally gives a probability score). Furthermore, the weekly RSI is at a historic bounce level (blue box), and price is sitting at 200 weekly MA support (red line). I think we'll...
Ok this might get a little messy but bear with me. *pun intended* This time there's nothing too fancy, no special lines and no special indicators. Just basic supports / resistances and fibs. First of all lets go from to to bottom with fibs. In rectangle no' 1, we pull from swing high to our first pivot after the fall. as we can see, we retrace up all the way to...
I am currently waiting for another attempt at the 3500 on BITMEX:XBTUSD . my opinion is that we will not break above that and even if we will, It's not going to be for a long time. We can see that if we look at the latest down swing, we will reach the 0.618 at almost exactly 3500, from there I will short and keep taking profit along the way down while my main...
BTCUSD - 181208 - LONG - COINBASE - Algo Reaction - 3D - ( RRR 21.69)
My algorithm has been shorting all week, so it looks like bitcoin could have another big move down coming. See related ideas for a better description of the algorithm
Recently I have noticed that many CFD and spread betting providers (I wont mention which ones but they are easy to find with a quick google search) are letting users "trade" the CBOE Volatility Index (VIX). I thought this was unusual as the VIX is not a purchasable asset; it is a measure of implied volatility (both long and short) on the S&P500 calculated through...
Make sure you click the "Buy & Hold Equity" button in the backtest plot below to compare this strategy with buying and holding Ripple. 0.1% fee (BFX) is included in this very active trader. The drawdown on this one is pretty severe so I'm using 50% equity position size here. I'm sure this could be improved a great deal with some tweaking. As with the previous...