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152. How AI Can Help You Master Market Analysis (ChatGPT for Traders)

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Manage episode 517713594 series 3517728
Content provided by FxScouts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by FxScouts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Forget signals and hype. In this episode of Let's Talk Forex, Alison and Chris walk you through how to use AI to analyse daily ranges, opening volatility, and session tendencies so you can trade with confidence. From exporting your data to building a one-page playbook, you’ll learn how to make ChatGPT your trading assistant and finally see your market in context.

Watch the full video here!

Daily frame:
“Using this CSV of [instrument] data, compute daily high–low ranges for the last 60 sessions. Report min, max, mean, and a rounded mode.”

Opening range:
“For each session, find the first 15-minute high–low range from [session open]. Report min, max, mean, mode, and note which quartile today’s opening range falls into.”

Correlation check:
“Measure the correlation between the first 15-minute range and the full-day range. Explain in plain trading language how I should adapt my targets.”

FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

  continue reading

154 episodes

Artwork
iconShare
 
Manage episode 517713594 series 3517728
Content provided by FxScouts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by FxScouts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Forget signals and hype. In this episode of Let's Talk Forex, Alison and Chris walk you through how to use AI to analyse daily ranges, opening volatility, and session tendencies so you can trade with confidence. From exporting your data to building a one-page playbook, you’ll learn how to make ChatGPT your trading assistant and finally see your market in context.

Watch the full video here!

Daily frame:
“Using this CSV of [instrument] data, compute daily high–low ranges for the last 60 sessions. Report min, max, mean, and a rounded mode.”

Opening range:
“For each session, find the first 15-minute high–low range from [session open]. Report min, max, mean, mode, and note which quartile today’s opening range falls into.”

Correlation check:
“Measure the correlation between the first 15-minute range and the full-day range. Explain in plain trading language how I should adapt my targets.”

FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

  continue reading

154 episodes

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