The euro pressed higher last night and the buy order take profit target was hit.
The strategy can be found here.
The latest result can be found here.
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The euro’s downtrend continued since it was unable to sustain above 1.2400. The EUR/USD remains weak because of the dovish comments by the ECB President, Draghi, earlier this week. In addition, Another ECB member, Smets, said the inflation target would take longer to reach, which also sent the euro lower and…
The euro reversed its trend yet again abruptly and tried to stay afloat above 1.2300 after the disappointing economic data from Europe. The EUR/USD was down 60 pips or so after it reached 1.2387 and reversed. The softer than expected EU data triggered today’s reversal. The EUR/USD was up more…
1 trade has been closed since the last update. It was profitable. The total realized profit is $556. Last week, we ended at $969 in profit minus interests and fees. After the profit this week, that brings our total net profit to $1525 minus interests and fees. The strategy can be…