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
Month: January 2021
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
Is It Just a Matter of Time for Stocks to Go Badly?
Technically, it does look like the time for stocks to go south is near. It is just a matter of when. From the PE perspective, the current PE is much higher than the ones in 2000 and in 2008 when the stock market bubbles burst. Maybe are we in such different times that the fundamentals… Continue reading Is It Just a Matter of Time for Stocks to Go Badly?
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.