So I’ve been shorting ETHUSD from early this morning. It seems the crypto rally may be over for a while but I am guessing only in the short term.
I also have shorts on USDJPY and USDCHF. Yesterday I took profit on EURUSD long (accidentally, don’t press the X button) and Oil on a short. So quite a successful day. Stopped out on a USDCAD long but compared to the profits that’s fine.
I’ve built a robot to manage the stops with strobotview if anyone needs it I can supply it free with the software if you purchase through the MQL4 store.
I decided to make a short video.
Is the ETHUSD short long term?
I’m not expecting any major moves today except with USD as we have the US CPI at 13:30 that could move the markets if it’s worse than expected. I notice the consensus is already bad. If it’s lower than 0.1% we could be looking at USD losing further strength.
If you would like to trade the forex markets please check out www.strobotultimate.com for the strobotview indicator. You will need to get a broker and Metatrader 4.
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