The euro has dropped more than 100+ pips since it reached 1.1879 on October 12. Besides the political turmoil between Spain and Catalonia, there is not any real market-mover news that sends the euro down. The fact that the euro has strengthened against the U.S. dollar since the beginning of…
Month: October 2017
Food Delivered: Facebook Has Decided to Join the Fight
Facebook launches a food order and delivery service. One guy does it, and now, everyone wants to do it. Who is in this food delivery service game already? Amazon, Uber, Lyft, McDonald’s, and etc. It will be interesting who becomes the last man standing. Let the fight begin. How will…
Unstoppable Bitcoin
Even China and JP Morgan CEO could not destroy Bitcoin. Bitcoin dropped more than 25% after the news that China would ban all the Bitcoin trading activity in its country. Chinese investors and speculators fled. JP Morgan CEO came out and call it a fraud. Bitcoin looked so vulnerable. It’s…
New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 11
1 trade has been triggered since the last update. 1 loss and 1 profit trade closed from last week, which was opened last Friday. The total realized profit is $328. Last week, we ended at $1811 in profit minus interests and fees. After the profits this week, that brings our…
Is 1.17 the Near-Term Bottom for the Euro?
The euro went from the sub 1.04 level to as high as near 1.21 against the U.S. dollar this year. That was a whopping 1700 plus pips advance, or 16% plus appreciation against the U.S. dollar. The euro’s performance has been rather strong against the U.S. dollar since the beginning…