Hey forex traders! I’ve been working on a cool Telegram bot that gives hourly updates on forex news. But here’s the cool part it’s not just news. The bot analyzes the sentiment and tells you how it might affect the market.
Every hour, you get:
Simple news headlines
Quick sentiment check (good, bad, or meh)
How it might shake up the market (what type, how much, and which currencies)
Here’s what it looks like:
📊 Consumer confidence data impacts Aussie dollar
Mood: Good (0.511 score)
Market Shake-up: Medium
Currencies Affected: USD, AUD
I need your help:
What currencies or topics should I track?
Would this help you make trading decisions?
Any ideas for premium features?
If you want to try it out or help make it better, let me know! I’m trying to keep it simple and useful no messy screens or constant alerts.
Let’s make this awesome together! What do you think?
hey man, love the idea! i’d be keen to try it out. an optional risk check might be rad too. also maybe track some less common pairs like nzd/usd for extra spice. cheers!
Sounds like a useful tool you’ve developed there. I’d suggest including major economic indicators like GDP, inflation rates, and central bank decisions in your tracking. These often have significant impacts across multiple currency pairs. For premium features, consider offering customizable alerts for specific currency pairs or economic events. Real-time updates during major market-moving events could also be valuable. As for decision-making, while it’s a helpful supplement, I’d caution against relying solely on sentiment analysis for trading decisions. It’s best used in conjunction with other technical and fundamental analysis tools.
As someone who’s been in the forex game for a while, I can say your bot idea sounds promising. I’d recommend focusing on the major pairs like EUR/USD, GBP/USD, and USD/JPY to start. They’re the most liquid and react strongly to news.
For topics, keep an eye on employment reports, interest rate decisions, and trade balance data. These often cause significant market moves.
Regarding decision-making, while your bot provides valuable insights, it’s crucial to use it as part of a broader strategy. No single tool should dictate all your trades.
For premium features, consider offering detailed analysis reports or backtested strategies based on historical sentiment data. That could really set your bot apart.
Overall, it’s a solid concept. Keep refining it, and you might have a winner on your hands.