Posts

US Oil Back to Yearly High + CADJPY Approaching Key Level

US Oil Back to Yearly High + CADJPY Approaching Key Level

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After a slight retracement, Crude (US Oil) is back to this year's high. CADJPY is approaching a key monthly level which could provide a great trade opportunity in either direction. Earlier this week Oil was able to attain a new high for the…
CADJPY Longs Pending + US Oil Continues to Push

CADJPY Longs Pending + US Oil Continues to Push

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The day before the Non-Farm Payroll (NFP) release, the Dollar is confidently bullish. Price has pushed and closed above 91.200 and is on its way to 91.750.  In most cases, it's not recommended to take trades for the majors right before the…
Weekly Trade Recap + USDCHF Range Setup

Weekly Trade Recap + USDCHF Range Setup

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Another eventful trading week of 2021 is in the books. With numerous high-impact news releases, there was an abundance of viable trade setups for traders to take. A pair that was particularly popular among price action and smart money traders,…
EURNZD Short Continuation + DXY to 91?

EURNZD Short Continuation + DXY to 91?

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Over the weekend, the US Dollar Index (DXY) continued its rally as price made a push to 91.00. This key level may be used as a resistance, so traders are advised to focus on the minors until more information is available. One minor that may…
AUDUSD and CADJPY Long Trade Ideas

AUDUSD and CADJPY Long Trade Ideas

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In today's live trading session, we went over trade ideas for AUDUSD and CADJPY. As the US Dollar Index (DXY) continues to range between 90.75 and 91.00, many of the majors have also begun to range. One major has separated itself from the…
Weekly Trade Recap + AUDNZD Swing Trade for Next Week!

Weekly Trade Recap + AUDNZD Swing Trade for Next Week!

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In today's live trading session, we went over the trades we took this week and the AUDNZD swing trade we have planned for next week. This week we focused on EURUSD, AUDUSD, NZDCAD, EURNZD, and CADJPY. We were able to enter EURNZD, NZDCAD,…
EURNZD Trade Update + CADJPY Possible Short?

EURNZD Trade Update + CADJPY Possible Short?

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In today's live trading session, we went over the current status of our EURNZD trade. We then discussed a possible short for CADJPY. During yesterday's live session, we broke down our swing trade for EURNZD. This idea is based on the weekly…
EURUSD, GBPUSD and CADJPY Trades for Next Week

EURUSD, GBPUSD and CADJPY Trades for Next Week

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In today's live trading session, we went over the trades we took this week, and then we went over trade ideas for EURUSD, GBPUSD, and CADJPY that we could take next week. Much of this week was spent on deciding where the DXY was headed, to…
CADJPY Long and NZDCAD Short Trade Signals

CADJPY Long and NZDCAD Short Trade Signals

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In today's live trading session, we went over the status of our current and pending trade setups. We then went over trade setups for NZDCAD and CADJPY. In yesterday's session, we covered the lack of movement in the DXY, and that we were shifting…
85% Win Rate for Past Month + Two Solid Setups for Next Week

85% Win Rate for Past Month + Two Solid Setups for Next Week

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In today's live trading session, we went over how our trading week went and we then completed analysis to prepare for next week. This week was fairly quiet in the Forex Trading Room as the markets weren't providing us entries into our pending…