The EURUSD moved lower very quickly after the disappointing German ZEW Economic Sentiment, which came out at -24.7, and was worse than expected. The EURUSD abruptly reversed its upward trend on the hourly chart after reaching just 10 pips shy of 1.18. It’s fallen to as low as 1.1695 before…
Month: July 2018
New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 49
2 trades have been closed since the last update. The total realized profit is $333. Last week, we ended at $739 in profit minus interests and fees. After the profit this week, that brings our total net profit to $1072 minus interests and fees. The strategy can be found here. The…
The EURUSD Is about 200 Pips Higher Than Where It Was on June 28 but Can the Momentum Keep up?
The EURUSD moved higher right before the U.S. job data. The EURUSD has gradually traded higher since June 28. It’s currently trading slightly above 1.17. The trade war begins officially today between the U.S. and China. However, the effects will probably not be seen until months later. The latest U.S….
The EURUSD Opened Lower on Monday and Headed toward 1.16
The EURUSD opened lower during the Monday Asian session. It is trading near 1.1600. The EURUSD again was unable to break above 1.17. The recent upward momentum faltered at around 1.1680. There has been 1 trade from my MT4 EA since the last update. It was a loss. The strategy can be…