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British Sterling’s strength on the heels of an IMF downgraded is unprecedented.

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 Tom Kadala, FOREX Algorithm Engineer

 Tuesday, January 23, 2018

British Sterling's strength on the heels of an IMF downgraded is unprecedented. Watching our algorithm navigate these tricky waters has been equally amazing. The Trump tax reform is causing a global reset of asset values. It has succeeded in pushing all traditional technical analyses to the edge. Algo writers who rely on tradition may be in disbelief while watching asset RSI levels sit comfortably above 80 not for minutes but rather for days. It has become the new normal. What does it mean, going forward? Comments anyone? Below is our Daily Dashboard Report for our signals generated yesterday and closed before or by 5pm EST today. Trade sizes are for one lot each. For more charts visit use at RagingFX.com.


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