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…
Month: November 2017
New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 17
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…
Crude Oil: $60 Here We Come
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…
The Euro Is Inching Its Way to 1.20
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 Euro Is Steady at 1.1850 on this Quiet Thanksgiving Day
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…