Boris Schlossberg
BK Asset Management
I created this trading strategy for GOLD using ChatGPT in this video. Discover how to effectively use the Super Scalper indicator, designed with ChatGPT, to analyze market trends and make informed trading decisions. This video provides a thorough walkthrough of how the indicator uses simple yet powerful signals to guide buying and selling actions based on the SMA trend analysis. Ideal for traders of any experience level, this video serves as a comprehensive guide to leveraging AI for enhancing trading tactics, particularly in the gold market. Whether you're looking to refine your trading approach or just starting out, this tutorial offers valuable insights into AI integration with trading platforms like TradingView for better performance. Dive into AI trading and revolutionize your strategy with expert's advice.
Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.
Editors’ Picks
EUR/USD crosses over 1.0900 on Wednesday as Euro bulls gear up for ECB rate call
EUR/USD rallied into fresh 18-week highs on Wednesday as market sentiment tilts firmly into the risk-on side ahead of the European Central Bank’s latest rate call slated for Thursday. Broad-market risk appetite remains pinned into the ceiling as markets fully price in a rate cut from the Federal Reserve on September 18.
GBP/USD reclaims 1.30 as markets tilt further into rate cut hopes
GBP/USD inched further into fresh highs, testing chart territory north of the 1.3000 handle on Wednesday. Broad-market hopes of a rate cut from the Federal Reserve in September kept the Greenback underbid and gave the Pound Sterling a leg up in the mid-week market session.
USD/JPY retakes 156.00 after suspected BoJ intervention-led drop
USD/JPY is back above 156.00, having witnessed a sharp drop amid thin liquidity in the early Asian hours on Thursday. The pair finds support from a modest uptick in the US Dollar alongside the US Treasury bond yields, reversing the suspected BoJ intervention-led sell-off.
Editors’ Picks
AUD/USD jumps toward 0.6750 after mostly upbeat Aussie jobs data
AUD/USD is picking up fresh toward 0.6750 in Asian trading on Thursday, The pair draws support from mostly upbeat Australian employment data for June, which fan RAB rate hike bets. Meanwhile, the US Dollar remains depressed amid Fed rate cut bets, capping the pair's downside.
USD/JPY retakes 156.00 after suspected BoJ intervention-led drop
USD/JPY is back above 156.00, having witnessed a sharp drop amid thin liquidity in the early Asian hours on Thursday. The pair finds support from a modest uptick in the US Dollar alongside the US Treasury bond yields, reversing the suspected BoJ intervention-led sell-off.
Gold price stays supported at $2,450 amid risk aversion, Fed easing bets
Gold price sees some fresh buying interest above $2,450 in the Asian session on Thursday, stalling a retracement from a fresh record high. Gold price cheers broad risk aversion and heightened Fed easing expectations ahead of mid-tier US data and more Fedspeak.
Ethereum ETF issuers file updated drafts, ETH staking still a possibility
Ethereum is down 1% on Wednesday as issuers began filing their final spot ETH ETF S-1 drafts with the SEC in anticipation of a launch on July 23. Meanwhile, SEC commissioner Hester Peirce also said the regulator may reconsider its position on ETH staking within the ETFs.
ECB preview: Incoming data since June unlikely to shift the policy view
Since the last ECB meeting five weeks ago in June, only a limited amount of new economic data has become available, and this data is unlikely to have significantly changed the ECB's perspective on the economy and consequently its policy stance.
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