New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 61

1 trade has been closed since the last update. The total realized loss is $223. Last week, we ended at $271 in losses minus interests and fees.  After the loss this week, that brings our total net loss to $494 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 61

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Categorized as Forex, MT4 EA

Draghi Send the Euro above 1.18 but the Move Faltered

The EURUSD was pushed higher by the ECB president, Draghi’s optimistic view on inflation, but it gave back all of the gain later. The EURUSD had an opportunity today to retest 1.18.  The bullish momentum was triggered by the ECB president, Draghi’s comment on inflation.  He expects the inflation to rise, which sent the euro… Continue reading Draghi Send the Euro above 1.18 but the Move Faltered

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Categorized as Forex

New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 60

1 trade has been closed since the last update. The total realized loss is $222. Last week, we ended at $49 in losses minus interests and fees.  After the loss this week, that brings our total net loss to $271 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 60

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Categorized as Forex, MT4 EA

New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 59

5 trades have been closed since the last update. The total realized profit is $442. Last week, we ended at $491 in losses minus interests and fees.  After the profit this week, that brings our total net loss to $49 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 59

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Categorized as Forex, MT4 EA

The U.S. 10-Year Note Topped 3% and the U.S. Dollar Strengthened against the Major Counterparts

The EURUSD turned lower today because of the strong U.S. Consumer Sentiment, and the U.S. 10-year yields topped 3%. The EURUSD is trading lower today because the U.S. consumer sentiment was strong and the yields broke above 3%.  The retail sales numbers did not meet the market expectations, but they were largely ignored by the… Continue reading The U.S. 10-Year Note Topped 3% and the U.S. Dollar Strengthened against the Major Counterparts

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Categorized as Forex

Upbeat Draghi Sent the Euro Higher against the U.S. Dollar

The EURUSD shot higher today because of the weak U.S. inflation numbers and the ECB president, Draghi’s somewhat hawkish comments after the rate decision. The EURUSD is trading higher today because the ECB President, Mario Draghi, was upbeat in the press conference.  The ECB still expected the next hike in the second half of 2019. … Continue reading Upbeat Draghi Sent the Euro Higher against the U.S. Dollar

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The EURUSD Continued to Be in the Range Bound between 1.1530 and 1.1660

The EURUSD turned higher today, but was still confined in a trading range between 1.1570 and 1.1660. The EURUSD is trading higher today because the U.S. is willing to restart the trade talks with China in the near future.  It is, however, still stuck in the range between 1.1530 and 1.1660 established last week.  It… Continue reading The EURUSD Continued to Be in the Range Bound between 1.1530 and 1.1660

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China Asked WTO to Slap Trade Sanctions Against the U.S. and the EURUSD Fell Immediately

The EURUSD turned higher and then, abruptly fell below 1.16 again. The EURUSD has been in the range bound between 1.1530 and 1.1660 since last week.  The mood turned sour before the U.S. session when China asked for the WTO authorization to slap trade sanctions against the U.S.  This came from the escalations of the… Continue reading China Asked WTO to Slap Trade Sanctions Against the U.S. and the EURUSD Fell Immediately

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Categorized as Forex

New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 58

1 trade has been closed since the last update. The total realized loss is $222. Last week, we ended at $269 in losses minus interests and fees.  After the loss this week, that brings our total net loss to $491 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 58

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Categorized as Forex, MT4 EA