Currently, we are facing particularly challenging market conditions. The US dollar is showing exceptional strength across all major currency pairs, driven largely by fundamental factors such as global reactions to recent leadership changes in the US. These strong movements do not appear to be backed by robust economic data or technical trends but rather by sheer anticipation of a stronger economic outlook under the new leadership. These one-sided movements, with little to no corrections, have created an environment that is particularly challenging for any trading system based on past data and technical indicators to navigate effectively. Neither fundamental key levels nor released economic data seem to impact the market as they have in the past. It all appears to be driven primarily by belief in a stronger US economy.
Our simulations date back to 2015, so the software has already navigated two presidential elections. In 2016, we experienced a similar situation with the Republicans winning and Trump becoming president. In 2020, we observed a shift back to the Democrats under Biden. Those periods were successfully navigated by the software.
As developers, our systems are built and optimized using precisely this type of historical data and statistical analysis. While this approach has provided reliable results in the past, it is impossible to account for every future scenario. The current market situation reflects a fundamental shift, making it especially challenging for the software to adapt in real time.
For now, we have personally decided to trade only on EURUSD until the new update is released. This is solely our decision based on our observations. It is important to emphasize that every user must make their own decisions regarding their trading preferences, whether to continue trading, continue on all pairs or trade solely on EURUSD.
From past statistics, EURUSD has shown the strongest performance during the recent shifts, and it has historically provided the most favorable results. However, it is important to note that past performance does not guarantee future results, and all trading involves risk.
This approach may reduce monthly profits but also appears to lower the likelihood of correlated drawdowns and reduce the likelihood of a stop-out event. However, it is essential to remember that the possibility of a stop-out still exists and cannot be eliminated entirely.
Following this message, I will share a brief step-by-step guide and a video tutorial demonstrating how you could adjust the software to trade only on EURUSD, should you choose to do so:
1. Accessing MetaTrader: Open the platform where the software is running, whether it’s on your server or PC.
2. Activating Exit Mode: Click on the "Exit Mode" button on the software in the EURUSD chart. The button will turn green when activated.
3. Now you can wait until all open positions are closed.
ALTERNATIVELY, you could theoretically close the open trades directly and realize the loss.
4. Removing Other Charts: Once all positions are closed, you could close the USDCAD and AUDUSD charts.
5. Resuming Trading: Click the "Exit Mode" button on the EURUSD chart again. The button will turn blue, indicating that trading has resumed.
