π₯ Weekly Gains - 0.81% πͺ
Alchemist Results
@alchemist_results
Alchemist Results (English)
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Alchemist Results
10 Jun, 07:02
π Weekly Performance π
100% automated πͺ
You want to know how we achieved those results last week?
Feel free to visit our website for more information:
https://the-algorithmic-trader.com?utm_source=telegram.
And join the 99% of successful traders π
Wishing you an amazing week βΊοΈ
100% automated πͺ
You want to know how we achieved those results last week?
Feel free to visit our website for more information:
https://the-algorithmic-trader.com?utm_source=telegram.
And join the 99% of successful traders π
Wishing you an amazing week βΊοΈ
Alchemist Results
26 May, 08:03
π Weekly Profits π
It was another great week πͺ
We wish you all a wonderful Sunday βΊοΈ
It was another great week πͺ
We wish you all a wonderful Sunday βΊοΈ
Alchemist Results
19 May, 07:17
π Weekly Gains π
Back on track π€
We've had a fantastic and profitable week, and we're excited for what the next one will bring. πͺ
Wishing everyone an amazing Sunday ahead βΊοΈ
Back on track π€
We've had a fantastic and profitable week, and we're excited for what the next one will bring. πͺ
Wishing everyone an amazing Sunday ahead βΊοΈ
Alchemist Results
05 May, 11:55
π Weekly Results π₯²
This week, we decided to close our open EURJPY positions at a loss of approximately -4%. This was the first time we manually intervened and realized a loss. Given the current situation, we made this decision and have deactivated trading for the EURJPY pair. We would like to explain why:
Japan is currently facing a significant economic challenge characterized by its exceptionally high debt-to-GDP ratio, which surpasses that of most other nations. To mitigate the impact of this considerable debt burden, the Bank of Japan has opted to maintain historically low interest rates. While this strategy aims to facilitate debt repayment and stimulate economic activity, it has consequential effects on Japan's currency, the yen. Specifically, the persistent low interest rates contribute to a devaluation of the yen relative to other major currencies, such as the euro. In response to this currency devaluation, Japanese policymakers are considering various measures to boost the yen's value, including potential adjustments to monetary policy and interventions in the foreign exchange market. However, the uncertainties surrounding these measures, coupled with the possibility of sudden policy shifts, results that trading with the yen a more risky at present. Consequently, there is a high likelihood of increased volatility in the yen's valuation, driven by financial market dynamics and possible governmental interventions in the FX Market.
In light of this, we have made the decision to temporarily suspend trading between the euro and the yen until a more stable market environment emerges.
Thank you very much for the understand and we wish you an amazing Sunday. π
This week, we decided to close our open EURJPY positions at a loss of approximately -4%. This was the first time we manually intervened and realized a loss. Given the current situation, we made this decision and have deactivated trading for the EURJPY pair. We would like to explain why:
Japan is currently facing a significant economic challenge characterized by its exceptionally high debt-to-GDP ratio, which surpasses that of most other nations. To mitigate the impact of this considerable debt burden, the Bank of Japan has opted to maintain historically low interest rates. While this strategy aims to facilitate debt repayment and stimulate economic activity, it has consequential effects on Japan's currency, the yen. Specifically, the persistent low interest rates contribute to a devaluation of the yen relative to other major currencies, such as the euro. In response to this currency devaluation, Japanese policymakers are considering various measures to boost the yen's value, including potential adjustments to monetary policy and interventions in the foreign exchange market. However, the uncertainties surrounding these measures, coupled with the possibility of sudden policy shifts, results that trading with the yen a more risky at present. Consequently, there is a high likelihood of increased volatility in the yen's valuation, driven by financial market dynamics and possible governmental interventions in the FX Market.
In light of this, we have made the decision to temporarily suspend trading between the euro and the yen until a more stable market environment emerges.
Thank you very much for the understand and we wish you an amazing Sunday. π
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