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…
Category: Forex
Forex trading
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The EURUSD Moved Lower toward 1.1720 Again
The EURUSD is giving back most of its gain from yesterday after breaking above 1.1720. The EURUSD trading remains calm after the U.S. announced a 10% tariff on $200 billion worth of Chinese goods earlier this week. The euro has given back most of its gain from yesterday. The euro…
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…
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…
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…