New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results – 1/28/2021

 There has been 1 trade from my MT4 EA since the last update.  It was a loss. The U.S. dollar overall average was at a rating of 88% – SELL. The EURUSD current support / resistance levels are: 3rd Resistance Point 1.22090 2nd Resistance Point 1.21753 1st Resistance Point 1.21480 Last Price 1.21479 1st Support Level 1.20870… Continue reading New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results – 1/28/2021

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Categorized as Forex, MT4 EA

New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results – 1/27/2021

There has been 1 trade from my MT4 EA since the last update.  It was a loss. The U.S. dollar overall average was at a rating of 88% – SELL. The EURUSD current support / resistance levels are: 3rd Resistance Point 1.22783 2nd Resistance Point 1.22239 1st Resistance Point 1.21676 Last Price 1.21322 1st Support Level 1.20569… Continue reading New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results – 1/27/2021

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Categorized as Forex, MT4 EA

What Does This Mean? A Negative Divergence?

By definition, ‘Negative divergence’ points to lower prices in the future. It occurs when the price is moving higher but a technical indicator is moving lower or showing bearish signals. In the chart, the price has been moving higher, but the RSI remains flat.  

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Categorized as Stocks