AlgoTradingGroup

AlgoTradingGroup Updated 

Good moring traders, EURUSD H1 Potential🔻 Notice the heavy selling on the daily chart. We saw some retracement last week. Yesterday we saw increase in volume on selling, suggesting that institutions had sell orders placed where buy stops were trapped. We remain bearish on this pair for now and bullish on DXY

AlgoTradingGroup Updated 

Good morning traders, GBPUSD H1 showing clear short potentials as it broke daily previous lows. The volume increasing as price decline is another suggestion that we may carry on seeing short on this pair Furthermore, DXY bullish on daily time frame. We also saw short term retracement on GPBUSD and EURUSD last week, where retail buy stop traders were trapped...

AlgoTradingGroup Updated 

Good afternoon traders, Unfortunately last week's EURUSD idea had tapped our stop level however eventually reached our target We still remain bullish on EURUSD this week considering COT data and the volume Our short term target for EURUSD would be 1.10595 Looking for the precise entry. We have CPI news in 1 hour. Will be observing how pair reacts before the news

AlgoTradingGroup Updated 

Good Morning traders! Its been a while Recent COT data indicates bullish view on EURUSD thoughout this week. We will be waiting for optimal entry to enter buy. Our target is 1.08763 We also notice diminishing volume as price is declining in the chart We will be looking to enter buys around 1.08763 if all confluences are in favour and there is a confirmation on...

AlgoTradingGroup Updated 

Good afternoon traders and happy new year to all! As per COT data snapshot posted in our channel, our view on EURUSD remain bullish thoughout this week. We will be waiting for optimal entry to enter buy. Our target is 1.07727 You may see decrease in volume, however this doesnt mean reversal is coming. According to COT report, we see that alot of long and short...

AlgoTradingGroup

Good afternoon again traders! Along with EURUSD bullish view, XAUUSD may follow EURUSD too as both are positively correlated. Overall bearish DXY (USD Index) We may be looking to buy gold around 1854 - 1860 if all confluences align and we get further confirmation As for shorts, 1889 would be a good spot

AlgoTradingGroup Updated 

Good afternoon traders, We managed to gain +5% return from a buy trade on Tuesday. Observing EURUSD since then we noticed that on Weekly and Month chart its bearish whereas in Daily chart its bullish. Our bias on EURUSD, long term is bullish. However our buy entry price is around 0.98300. Until then, we are looking for a good price to sell. A good sell entry...

AlgoTradingGroup Updated 

Good evening traders, This week we expect a bullish momentum on EURUSD . Our first target currently on EURUSD is teh daily target (1.0080). If price retraces to our entry, we would be buying EURUSD around 0.99579. If not, we will wait for the target to be accomplished and enter a potential sell around 1.0080 with the further confirmation. Also notice how long...

AlgoTradingGroup Updated 

GOod afternoon again traders, Unfortunately, we took a loss -1.00% on EURUSD NFP trade. However this was covered by +5.00% gain we made yesterday from the buy setup from yesterday's post. We still expect a sell off on EURUSD at the above area marked. Also notice the volume diminishing as price rises We will enter sell around the area marked after we receive...

AlgoTradingGroup Updated 

Good afternoon Traders, As expected, NFT resulted in stronger USD. This gives us confidence to ramain bullish on USD We expect to sell EURUSD at the entry marked above

AlgoTradingGroup Updated 

Good afternoon traders, We are resumining after 2-3 weeks of break as we were focusing on programming algorithms for hedge funds that got in contact with us. Looking at EURUSD currently, we see that it has broken the struture on Daily time frame. We are now bullish on EURUSD. We expect to enter buy trade on EURUSD as the area marked in grey. From the looks of...

AlgoTradingGroup Updated 

Good evening traders, Here is what we see on GBPUSD As you can see, GBPUSD broke structure on daily time frame. We are now bullish on GBPUSD and bearish on DXY index from now on We expect to buy GBPUSD at the marked grey area (around price 1.13497 - 1.1300), possibly tomorrow We will keep you all posted as price moves

AlgoTradingGroup Updated 

Good morning traders. Our last EURUSD idea got invalidated after it ran 1:1 RR in profits. However we didnt move our Stops to breakeven unfortunately. This takes us back to the charts analysing EURUSD on higher time frames. We now expect to sell EURUSD at 50% of daily FVG - approximately at price 0.9916 - 0.9945 We can also expect a sell from 0.9951 We are...

AlgoTradingGroup Updated 

Good afternoon everyone again, GBPUSD has taken out last monthly low. It may look bullish until atleast daily FVG fill until we can see further drop. We may look to buy at an optimal entry marked in the chart around 1.06135 - 1.04741 There is a heavy sell volume on this pair so any buy trade we take would risk 0.50% (half than usual) The movement also depends...

AlgoTradingGroup Updated 

Good afternoon traders, Market has been chaotic since yesteday's open. We have been observing EURUSD, GBPUSD and DXY. It looks like there is a heavy volume of sell orders inserted in the market. We can expect EURUSD to drop further down to monthly POI as marked in the chart. Currently we wont enter any buy unless we get a solid confirmation. However, we may be...

AlgoTradingGroup Updated 

Good Afternoon traders, Yesterday during FOMC, we saw around 100 pips movement in EURUSD which swept a lot of liquidity from many accounts in the market. The volume tells us that buyers are in play and therefore we expect to buy at a good price as marked in the chart above However this doesnt mean that you sell now until our buy entry. EURUSD can decide to carry...

AlgoTradingGroup

Good afternoon traders, Yesteday's free EURUSD signal hit our target of 3.00% return (1:3 RR) Today, while observing EURUSD and DXY, we noticed that there is a potnetial divergence between EURUSD and DXY i.e. DXY took out previous high however EURUSD did not take out previous low. We also noticed that there is a high volume 4H POI in EURUSD where it reacted to....

AlgoTradingGroup Updated 

Good afternoon again traders, Our EURUSD idea posted last week is still valid and running. We see another buy opportunity now which we have added. Reason for this buy is the divergence with RSI while DXY took out previous high when EURUSD is reluctant to decline further. Lets see how this moves Will keep you all posted DXY View: