Welcome traders to another live session. In today’s live session we started off by speaking about our successful USDJPY long trade that has hit our final take profit and brought in over 64 pips. The technical analysis was simple and followed price action beautifully. We are currently up +240 pips with our live sessions and signals for this week.
We shift our focus to potential trade setups for the rest of the week. Our EURUSD sell stops have been activated, and went as deep as 28 pips into profit. Our stops are at entry, and partial profits have been taken. We will let the trade play out in hopes of being on the benefiting side for tomorrow’s ECB & CPI release.
We also took a look at CADCHF. We had missed a nice swing long opportunity we had discussed back in July, which would have brought in an additional +120 pips. Not to worry, we have a short opportunity available as the pair has printed a shooting star after touching the top trendline of a bearish pennant pattern. Be on the lookout for that signal on Telegram.
It is the middle of the trading week and we haven’t had a losing trade yet. We have been on quite a roll these past few weeks, and that is mainly due to taking less trades, and entering only the best setups available. Let’s continue to not force the issue, and let the trades come to us. I will see you all for tomorrow’s session at 11:00 AM EST on our Portal. Cheers!
Watch the Session on our Portal: