Peso Crisis from Argentina and the EURUSD Fell below 1.17

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

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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

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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

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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

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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.

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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

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Categorized as Forex, MT4 EA