1 trade has been closed since the last update.
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New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 43
3 trades have been closed since the last update. They were all losses. The total realized loss is $670. Last week, we ended at $187 in profit minus interests and fees. After the losses this week, that brings our total net loss to $483 minus interests and fees. The strategy can…
S&P 500 V.S. U.S. Dollar Index Forecast: A Reversal?
The 2-year chart below compares the S&P 500 index to the US Dollar index, and one thing is clear: when one goes up, the other goes down-except that one followed the other between 1/31/2020 and 3/9/2020. The USD and the S&P 500 generally move in opposite directions. S&P 500 stocks are…
EURUSD Weekly Chart – Broken Trendline
The EURUSD moved lower this week decidedly. On the weekly chart, the uptrend trendline since 3/23/2020 is broken. The Parabolic SAR signaled the trend change a few ago. Now, it is confirmed by the broken trendline. We’ll probably see the euro move lower against the dollar in the coming weeks….