The EURUSD reached 1.1730 and then, Argentina’s peso sparked fears in the market and stalled the euro’s advances. The EURUSD was benefitting from the dovish stance from the Fed chair, Powell. It was able to break above the 1.17 level, but was not able the sustain the gain. The latest currency crisis from Argentina helped… Continue reading Peso Crisis from Argentina and the EURUSD Fell below 1.17
Month: August 2018
The Fed Sent the EURUSD to the Highest Point since August 3rd
The EURUSD reached 1.1650 and then lost its steam. The EUR/USD got a boost from the Fed Chair, Jerome Powell, last Friday. He said the U.S. economy was not overheating and the inflation was not accelerating. He still expects the gradual rate hikes though. A September rate increase is certain and December is also possible.… Continue reading The Fed Sent the EURUSD to the Highest Point since August 3rd
New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 56
3 trades have been closed since the last update. The total realized profit is $110. Last week, we ended at $67 in profit minus interests and fees. After the profit this week, that brings our total net profit to $177 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 56
1.16 Appeared to Be a Strong Resistance for the EURUSD to Crack
The recovery of the EURUSD stalled at around 1.16. The ECB minutes came out today were nothing new or fresh. It was the same dovish stance. There will not be any rate hike until later 2019. The economic data front was light and the markets pretty much ignored it. There has been 1 trade from… Continue reading 1.16 Appeared to Be a Strong Resistance for the EURUSD to Crack
The EURUSD Advanced Further against the U.S. Dollar amid Trump’s Legal Problems
The recovery of the EURUSD was strong from 1.13. It reached as high as 1.1616. There hasn’t been very much from the economic data that affects the U.S. dollar or the euro in a big way. Thanks to some of the political news that has weakened the U.S. dollar. Primarily, it would have been the… Continue reading The EURUSD Advanced Further against the U.S. Dollar amid Trump’s Legal Problems
The EURUSD recovered 200+ Pips before Stalling
The EURUSD continued its recovery from 1.13. There has been 1 trade from my MT4 EA since the last update. It was a loss. The strategy can be found here. The previous week’s result can be found here.
New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 55
1 trade has been closed since the last update. The total realized loss is $224. Last week, we ended at $291 in profit minus interests and fees. After the loss this week, that brings our total net profit to $67 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 55
The EURUSD Took a Little Break from Its Relentless Descent
The EURUSD rebounded a little but not much. The trade war and Turkish sanctions are driving the market directions. The key news today is the U.S. and China will attempt to resume the trade talks by the end of the month. The U.S. Treasury Secretary said it is prepared to put more sanctions on Turkey… Continue reading The EURUSD Took a Little Break from Its Relentless Descent
New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 54
No trade has been closed since the last update. Last week, we ended at $291 in profit minus interests and fees. The strategy can be found here. The previous week’s result can be found here.
New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 53
No trade has been closed since the last update. Last week, we ended at $291 in profit minus interests and fees. The strategy can be found here. The previous week’s result can be found here.