Markets start to be greedy
Our forex robot signals are of great value in a world of extreme optimism when traders are walking on a minefield. The S&P 500 is near its all-time high and what’s more it is about to break out to the upside from a more than 8,5 years old upward trend. This optimism is underpinned by expanding economies on both sides of the Atlantic as well as in leading Asian economies. At the same time bond prices are also high as there are no signs of accelerating inflation. Meanwhile gold is trending down as demand is fading because people are becoming less fearful and greedier. Even the price of bitcoin is rocketing which is considered to be a fraud by many market veterans. Bottom-line: traders are smelling money everywhere, but they do not smell risk. So you could make good use of emotionless machines by relying on forex robot signals.
However, it would be foolish to say that a market correction is imminent. It is impossible to time the markets, but either an inflation surge or disappointing economic data can cause a deep correction. We are sitting on a powder keg, but no one knows if it will blow up next month, next year or three years from now.
How to use forex robot signals?
It’s still possible to make good trades in such tricky circumstances. In spite of the risks the bull market is in tact and fundamentals are good enough to feed it for a while. In this situation the best strategy is to buy the corrections and realize the profit on new highs. Forex robot signals can help you to identify the buying opportunities and pinpoint the situations when it’s time to cash in. Forex robot signals will also help you to protect your capital by ringing the alarm when a pullback is deeper than it should be and could be the start of a deeper correction which could also mean the blow-up of the current bull market. If these signals are underpinned by fundamentals you should close your longs immediately. Bottom-line: sail with the market for now but be prepared to act immediately when the market sentiment changes.