In today’s live trading session, we did a profit recap of all the trades we took this week and some analysis for trade opportunities to take next week. We had a phenomenal week as we made approximately +320 pips without a single losing trade.
We started off the week with a short on XAUUSD which led to a quick +55 pips. The technical analysis for this trade setup was done on Monday’s free live session which is available on our YouTube Channel. (link YouTube channel in new tab)
Around mid-week, we took a short position for on EURJPY and AUDJPY. We used our price action strategy to identify these setups and this was all explained in our live session. Since entering, we have gained around +160 pips profit from both trade ideas. Although, we expect further downside for both pairs, recent fundamental advancements may have changed that outlook. We will speak more about this on Monday’s live session.
As for trade setups for next week, we were able to identify opportunities for EURUSD and Crude Oil. Once again, using our simple, yet effective price action strategy, we determined a short bias for EURUSD and a long bias for Crude Oil. To see the full technical and fundamental analysis for both these trades, please watch today’s live session on our Trading Room.
This week flew by quick, and that always seems to be the case when we make profits. Our traders are constantly learning and tuning their trading skills while growing their accounts simultaneously. We have received very thoughtful and sincere compliments from traders in our community.
To everyone who was thoughtful enough to leave us a kind message, we want to say thank you to you all and we’re glad you are enjoying the service we are offer. We do this because we were once in your shoes and we wish we had something like this when we first started out Trading Room.To everyone who have not join us yet, it will only be a matter of time. Make sure to tune in to Monday’s free session to see what we’ll be looking at in the coming trading week. Happy Friday and enjoy your weekend traders.
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Check Out Yesterday’s Live Session Recap: Novemeber 14th, 2019
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