Currently, the currency pair GBP/USD on the Daily chart is trading in the resistance zone of 500 EMA. RSI 6 period shows Bullish Divergence with the price. The Moving Averages - 200 EMA and 500 EMA are parallel (showing an uptrend) and are at a distance of 300 pips from each other. The STS_MA_Distance_Indicator ...
CAD/JPY 6 short positions closed
As we wrote in our Forex Analysis from September 27, 2021 for t he currency pair CAD/JPY, we expected that the next trading situation will be profitable. W e loaded our STS_MA_Distance_Bot to open a trade when our STS_MA_Distance_Indicator showed a distance of 30 or more pips to 10 EMA. ...
AUD/JPY short trade closed
As we wrote in our Forex Analysis from September 28, 2021 for t he currency pair AUD/JPY, we expected that the next trading situation will be profitable. W e loaded our STS_MA_Distance_Bot to open a trade when our STS_MA_Distance_Indicator showed a distance of 40 or more pips to 10 EMA. ...
AUD/JPY waiting for a trade
The current price is at a resistance from 500 EMA. The STS_MA_Distance_Indicator shows a distance of 48 pips to10 ЕМА. The Мoving Аverages (200 EMA and 500 EMA) are still not crossed and the distance between them is 78 pips. This gives us reason to believe that the price will make a downward move ...
EUR/JPY short position closed
As we wrote in our Forex Analysis from September 27, 2021 for t he currency pair EUR/JPY, we expected that the next trading situation will be profitable. W e loaded our STS_MA_Distance_Bot to open a trade when our STS_MA_Distance_Indicator showed a distance of 30 or more pips to 10 EMA. ...
EUR/JPY waiting for a short trade
Testing the EUR/JPY currency pair on H4 timeframe, our STS_MA_Distance_Tester shows that the last trade from the Strategy cycle with a distance of 30 pips to 10 EMA is a loser. Currently, the price is moving upwards and forms a Bearish Divergence (with RSI 6 period) in the resistance zone of ...
CAD/JPY waiting for short trades
Currently, the currency pair CAD/JPY is approaching strong resistance. All Moving Averages are still parallel, which shows a downtrend. RSI is in overbought territory and diverges with the price. The STS_MA_Distance_Indicator shows 34 pips distance to 10 EMA. This gives us reason to expect that the price will make ...
NZD/CAD waiting for a long trade
Currently, the currency pair NZD/CAD on H4 timeframe is moving against the Moving Averages in a downward direction and is approaching support of 500 EMA. Our STS_MA_Distance_Indicator shows a distance of up to 10 EMA of 29 pips. RSI is oversold. These are sufficient reasons to believe that the price will find support ...
CHF/JPY 3 short positions closed
As we wrote in our Forex Analysis from September 21, 2021 for t he currency pair CHF/JPY, we expected that the next trading situation will be profitable. W e loaded our STS_MA_Distance_Bot to open a trade when our STS_MA_Distance_Indicator showed a distance of 30 or more pips to 10 EMA. ...
AUD/JPY 3 long positions closed
The currency pair AUD/JPY on H4 timeframe made a Bullish divergence with RSI 6 period and also our STS_MA_Distance_Indicator showed 50 pips distance to 10 EMA. We loaded our STS_MA_Distance_Bot to open long positions on each new H4 candle if the conditions are still met. The Trading Robot ...
EUR/JPY 3 long positions closed
As we wrote in our Forex Analysis from September 21, 2021, for t he pair EUR/JPY we expected that the next trading situation will be profitable. W e loaded our STS_MA_Distance_Bot to open a trade when our STS_MA_Distance_Indicator showed a distance of 30 or more pips to 10 EMA. We set the ...
CHF/JPY waiting for a trade
After backtesting with our STS_MA_Distance_Tester the currency pair CHF/JPY on H4 timeframe, the last 5 trades are of the same type (buy) and the last 2 are at a loss. The strategy is the set up of 30 pips distance to 10 EMA. We expect, with high probability, that the next situation will be profitable. Currently, ...
EUR/JPY waiting for a trade
We backtested the currency pair EUR/JPY on H4 timeframe with our STS_MA_Distance_Tester and it shows that only 1 from the last 5 positions is a win. W e can expect that the next trading situation will be profitable, based on the statistics of the backtest for a 6-year period. Based on that, w e loaded ...
EUR/GBP 2 short positions closed
As we wrote in our Forex Analysis from September 14, 2021, the last 4 trades from the backtest with STS_MA_Distance_Tester are a loss. The statistics of the strategy shows a maximum of 4 consecutive losing trades, backtested on history data of over 5 years. Based on that, our expectations were for the next situation ...
EUR/JPY 2 short positions closed
As we wrote in our Forex Analysis from September 17, 2021, t he pair EUR/JPY was nearing the resistance zone of 3 strong MAs (200 EMA, 100 EMA, 50 EMA) . Based on that, w e loaded our STS_MA_Distance_Bot to open a trade when our STS_MA_Distance_Indicator showed a distance of 30 or more pips to 10 ...
AUD/CAD 2 long positions closed
In our Forex Analysis from September 15, 2021, we closed 2 long trades. After that the price continued its down movement and RSI 6 period showed Bullish Divergence. Additional condition was that the distance to 10 EMA was 30 pips. We loaded our STS_MA_Distance_Bot to open long positions when our STS_MA_Distance_Indicator ...
EUR/JPY waiting for a trade
The backtest with our STS_MA_Distance_Tester of the currency pair EUR/JPY on H4 timeframe, shows that the cycle of the strategy with 30 pips to 10 EMA currently has 3 consecutive losing trades. We can expect, with high probability, that the 4th trading situation will be profitable, based on the statistics of the backtest ...
EUR/JPY 7 long positions closed
As we wrote in our Forex Analysis from September 14, 2021, the last 2 trades from the backtest with STS_MA_Distance_Tester are a loss. Based on that, our expectations were for the next situation to be profitable. For this reason we loaded our STS_MA_Distance_Bot to open trades when our STS_MA_Distance_Indicator ...
AUD/USD long trade closed
As we wrote in our Forex Analysis from September 14, 2021, the statistics from backtesting the pair AUD/USD on H4 timeframe with our STS_MA_Distance_Tester show 2 consecutive losing trades. Based on that, we expected the next position to be a winner. We loaded our STS_MA_Distance_Bot to open long ...
AUD/CAD 2 long positions closed
As we wrote in our Forex Analysis from September 14, 2021 there was high probability for long positions for the currency pair AUD/CAD. We loaded our STS_MA_Distance_Bot to open long positions when our STS_MA_Distance_Indicator shows a distance of 30 or more pips to 10 EMA. The Trading Robot is also set ...