The year end is approaching. There is still time to plan your last minute strategy to pay fewer taxes. TAKE THE ADVANTAGE OF THE 401(K) CONTRIBUTION The contribution brings you the tax savings that correspond to your tax bracket. If you’re in the 25% bracket, a $4,000 contribution to your 401(k) would typically save you… Continue reading Save Money on Taxes
Bitcoin is currently below $10,000. If you are a chart technical analysis guy, yesterday’s bar looks like a Japanese candlestick Doji, which typically sends a possible reversal warning. From yesterday’s high to today’s low, Bitcoin is almost down $2,000. Of course, today is not over yet and anything could happen. For now, based on the… Continue reading Is This a Reversal Warning Sign for Bitcoin?
The euro is trading within a 70-pip range. The EUR/USD declined from Monday’s 10- week high. The euro initially fell to close to the 1.18 level due to the U.S. GDP data. The fall was short lived. It’s back to the pre-GDP data release level. There has not been any trading activity from my MT4… Continue reading The Euro Remains Range Bound
$10K? Who cares? Bitcoin is above $11,000. Yesterday was not the day. Today is. Bitcoin is now above the $10,000 mark. In just 2-week time, the price of Bitcoin doubled. Remember a couple of weeks ago, Bitcoin dropped more than $1,000 to about $5,500 due to the cancellation of the upgrade of the trading platform. … Continue reading Doesn’t Bitcoin Just Drive You Nuts? $11,000 Here We Go.
Just two weeks ago, Bitcoin dropped more than $1,000 to about $5,500 due to the cancellation of the upgrade of the trading platform. It is now so close to break above the $10,000 level. In just 2-week time, the price of Bitcoin almost doubled. Needless to say, Bitcoin is definitely not suitable for the faint… Continue reading Here We Are so Close to $10K: Is Today the Day for Bitcoin to Hit It?
The euro was close to 1.20 yesterday, but the upward momentum eventually faltered and then faded. The EUR/USD declined from Monday’s 10- week high. Currently, it is quietly consolidating just below 1.19. There has not been any trading activity from my MT4 EA today. The strategy can be found here. The latest result can be found here.
2 trades have been triggered since the last update. 1 loss and 1 profit. The total realized profit is $324. Last week, we ended at $2361 in profit minus interests and fees. After the profit this week, that brings our total net profit to $2685 minus interests and fees. The strategy can be found here. The… Continue reading New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 17
Crude oil prices continued to rally. The U.S. crude prices rose to a two-year high of $58 right before the holidays. It’s currently just 27 cents shy of $59. The gas prices at the pumps will soon reflect the escalation of the crude prices if they haven’t already. That could mean an extra $5 to… Continue reading Crude Oil: $60 Here We Come
It’s the black Friday in the U.S. and the euro is having a very good day. The euro is trending up and has pushed the U.S. dollar decidedly lower. Actually, the U.S. dollar is lower against the British pound, Swiss franc, and the Japanese yen. The euro has broken above the important 1.1850 resistance. It… Continue reading The Euro Is Inching Its Way to 1.20
It’s Thanksgiving in the U.S. and the markets are closed. The trading is expected to be thin since the U.S. markets are closed for Thanksgiving. The euro is currently near the recent high of 1.1850. Without any economic data or political drama, it is probably going to consolidate there for the time being. Tomorrow, the… Continue reading The Euro Is Steady at 1.1850 on this Quiet Thanksgiving Day