4 trades have been closed since the last update. Three trades were losses. Only one was profitable.
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What Is the Element That Can Move the Euro Higher?
The euro seemed to be building the short-term bottom between 1.1554 and 1.1660. Should the euro be able to break above the $1.1660 level, the main resistance from the current level would be 1.1690, and followed by another resistance at 1.1750. The 2nd trade of the week was opened last…
The Euro Remains Range Bound
The euro is trading within a 70-pip range. The EUR/USD declined from Monday’s 10- week high. The euro initially fell to close to the 1.18 level due to the U.S. GDP data. The fall was short lived. It’s back to the pre-GDP data release level. There has not been any…
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.