In today’s live trading session, we went over the profits made from our EURUSD and EURAUD trades. We then spent the rest of the session looking at our next batch of trades that are almost ready to enter. Earlier during the London session, our short for EURUSD hit its final target of +100 pips. This […]
In today’s live trading session, we went over the profits made from our EURUSD trade, and then we discussed the possibility of shorting the other majors. Since last week, we have had a bearish bias for many of the majors, including EURUSD. Shortly after yesterday’s live session, we received confirmation on the four-hour time frame […]
In today’s live trading session, we discussed the Euro PMI manufacturing data release and the implications it can have on our pending trade setups. During the London session, the European Union printed a bullish result across the board for its purchasing managers index. This measures the overall economic health of a nation by looking at […]
In today’s live trading session, we went over the pairs we discussed last Friday and determined which setups are valid to enter this week. During last Friday’s live session, we went over the majors as well as a few minors. EURUSD and GBPUSD were two pairs we wanted to short this week and based on […]
In today’s live trading session, we went over the trades we took this week, and then we completed technical analysis to determine trades for next week. This was the slowest week RP Forex has encountered in his fourteen-month tenure with Forex Lens. During Monday’s session earlier this week, we identified approximately 8 different potential setups. […]
In today’s live trading session, we went over the Australian unemployment data release and the lack of effect it had on the Aussie. We then went over the current status of our GBPJPY and GBPUSD trades. Last night the Australian government published their unemployment data and it was below the expectations of investors. For one, […]
In today’s live trading session, we went over the current status of our pending setups and determined if an entry is imminent. We then spent the rest of the session discussing potential intraday setups for NZDCAD and AUDCAD. Since the end of last week, we have been patiently waiting for an entry short for EURUSD […]
In today’s live trading session, we discussed the US Core Retail sales data and the impact it may have on our setups for the major currency pairs. This morning, the US economy published its retail sales data and the results were spectacular. The data exceeded the forecasts by a great margin, and movements in the […]
In today’s live trading session, we took a look at the setups we devised for the major currency pairs last Friday. A quick look shows that many of the majors have retraced quite a bit, but have provided opportunities to enter short. Last Friday, we discussed the chance of shorting the majors this week. During […]
In today’s live trading session, we did a recap of the trades that were taken this week along with analysis for trades to take next week. We have continued our high accuracy trading this week as out of the seven trades called, only one resulted in a loss. Since the FOMC press conference was in […]