New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 52

3 trades have been closed since the last update. The total realized loss is $666. Last week, we ended at $957 in profit minus interests and fees.  After the loss this week, that brings our total net profit to $291 minus interests and fees. The strategy can be found here. The previous week’s result can be found here.

Range-Bound for the EURUSD and the ECB Rate Decision on Thursday

The EURUSD has been stuck in a narrow trading range and awaiting the rate decision from the ECB on Thursday. The EURUSD drifted between 1.1654 and 1.1715.  It continued to meet some selling pressure when it was near the 1.1715 level.  Traders are waiting for the ECB’s decision and the U.S. GDP data later this… Continue reading Range-Bound for the EURUSD and the ECB Rate Decision on Thursday

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The Trump Infused Rally Did Not Work and the EURUSD Fell

The EURUSD rally faded at around 1.1746 during the European session. The EURUSD enjoyed another Trump-triggered rally Friday after he expressed his displeasure with the Fed’s monetary policy.  The EURUSD soared about 70 pips after his comment last Friday. The common currency continued to climb after the Monday open in Asia and reached as high… Continue reading The Trump Infused Rally Did Not Work and the EURUSD Fell

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New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 51

2 trades have been closed since the last update. The total realized profit is $332. Last week, we ended at $625 in profit minus interests and fees.  After the profit this week, that brings our total net profit to $957 minus interests and fees. The strategy can be found here. The previous week’s result can be… Continue reading New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 51

1.1616 Is the Recent Support for the Euro and It Has Risen 100+ Pips against the U.S. Dollar

The EURUSD has continued to move higher since the reversal last Friday. The EURUSD found some footing at around 1.1616 and has since moved up 100 pips. The overall picture of the market has not changed much since last week.  The trade war began officially on July 6th between the U.S. and China.  The Fed… Continue reading 1.1616 Is the Recent Support for the Euro and It Has Risen 100+ Pips against the U.S. Dollar

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New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 50

2 trades have been closed since the last update. The total realized loss is $447. Last week, we ended at $1072 in profit minus interests and fees.  After the loss this week, that brings our total net profit to $625 minus interests and fees. The strategy can be found here. The previous week’s result can be… Continue reading New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 50

Very Tight Trading Range for the EURUSD despite the Intensified Trading War between the U.S. and China

The EURUSD is in a range-bound between 1.1694 and 1.1760. The EURUSD has been confined in a tight 60-pip trading range. The trade war began officially on July 6th between the U.S. and China.  The US is pushing further and slapping tariffs on $200 billion of Chinese goods.  The news has not affected the recent… Continue reading Very Tight Trading Range for the EURUSD despite the Intensified Trading War between the U.S. and China

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